Strategically located on the west end of Spencer, this 1.54-acre parcel offers excellent visibility and accessibility. Zoned BLM1 (Business Light Manufacturing), the property sits adjacent to well-known national retailers Wendy’s and O’Reilly Auto Parts, making it an ideal site for retail, service, or light industrial development. High traffic area with strong potential for growth.

Excellent hunting and recreational property. Peacefully located out in the country away from everything yet only 20 minutes to downtown Spencer or Clay City. Primary composed of wooded ground; this land has a good mixture of Indiana hardwood timber. A selective timber harvest is scheduled and the trees that are marked will be taken and are not included with the sale of the property.

(Tract 5) Excellent hunting and recreational property, with a good location to build a cabin or place to put a camper. Peacefully located out in the country away from everything yet only 20 minutes to downtown Spencer or Clay City. Primary composed of wooded ground; this land has a good mixture of Indiana hardwood timber.

(Tract 4) Here is a good buildable tract of land or place to put a camper. Peacefully located out in the country away from everything yet only 20 minutes to downtown Spencer or Clay City. Primary composed of wooded ground; this land has a good mixture of Indiana hardwood timber.

(Tract 3) Here is a good buildable tract of land or place to put a camper. Peacefully located out in the country away from everything yet only 20 minutes to downtown Spencer or Clay City. Primary composed of wooded ground; this land has a good mixture of Indiana hardwood timber.

(Tract 2) Here is a good buildable tract of land or a getaway escape to put a camper. Peacefully located out in the country away from everything yet only 20 minutes to downtown Spencer or Clay City. Primary composed of wooded ground; this land has a good mixture of Indiana hardwood timber.

(Tract 1) Here is a good buildable tract of land or place to put a camper. Peacefully located out in the country away from everything yet only 20 minutes to downtown Spencer or Clay City. Primary composed of wooded ground; this land has a good mixture of Indiana hardwood timber.

Excellent hunting and recreational property. Peacefully located out in the country away from everything yet only 20 minutes to downtown Spencer or Clay City. Primary composed of wooded ground; this land has a good mixture of Indiana hardwood timber. A selective timber harvest is scheduled and the trees that are marked will be taken and are not included with the sale of the property.

20.44 total acres, with a large 6 bedrooms 2 bath farmhouse. The home has a large gathering room, full basement, covered back porch and a spacious kitchen with tons of cabinets and storage areas. The home is in need of an extensive remodel. One acre has been sectioned off and has a 4400 sq ft workshop that is zoned commercial (Light Manufacturing and Assembly).

Discover your dream homestead on this beautifully updated 3-bedroom, 2-bathroom home, nestled on ten sprawling acres. This expansive property is a homesteader's paradise, offering abundant space for gardens, livestock, and sustainable living.

MAKE THIS THE YEAR TO GO INTO THE RENTAL BUSINESS! 5 DUPEXES NEAR CATARACT LAKE WITH 10 UNITS ON OVER 6 ACRES, SOME OF WHICH BORDERS GOVERNMENT GROUND AND POSSIBLY MORE ROOM TO BUILD MORE DUPLEXES ON THIS PROPERTY! These could convert easily to 4BR 2BA homes but the rental income is there! Seller is currently remodeling units as tenants go out and raising rents to a reasonable amount.

Location, Location, Location! 14.19 acres of land on the East side of Spencer with 1200 ft of road frontage right on State Hwy 46. This prime development property has approximately 1.5 acres of flat level land with two access points along State Hwy 46.