Listing courtesy of Home Team Properties · Listing agent: Rob Ranard · Office: 844-821-6051
127 Walnut Road
$54,900
Spencer, IN 47460Four Oaks
Estimate your monthly payment- Lot
- 0.37 ac
- Type
- Unimproved Land
- Listed
- October 24, 2025
- MLS #
- 202543242
About this home
Picture your future home taking shape on this beautiful, level .37-acre lot at 127 Walnut Road in the Four Oaks community. With utilities and fiber internet available, you’re well positioned for a seamless custom build. This build-to-suit opportunity - with no spec homes permitted - ensures a neighborhood filled with thoughtfully designed, well-crafted homes created specifically for the people who live there. Life at Four Oaks is about enjoying a slower pace and a stronger sense of connection. Residents have access to a private lake with a scenic walking trail, a neighborhood dog park, a welcoming community clubhouse, sidewalks, and open green spaces that encourage time outdoors. Conveniently located just minutes from schools, shopping, and local dining and a short drive to Bloomington, this setting offers the perfect balance of peaceful living and everyday convenience. Put down roots, enjoy the surroundings, and build the home you’ve always envisioned at Four Oaks.
Property details
Waterfront & lake
- Waterfront
- No
- Waterfront features
- Pier/Dock Available, Walk to Lake Access
Lot
- Subdivision
- Four Oaks
- Lot size (acres)
- 0.37 ac
- Lot dimensions
- Irregular
- Location type
- Subdivision,Rural
- County
- Owen County
- Township
- Washington
- Current use
- Residential
- Road frontage
- Private Road
- Road surface
- Gravel
- Road maintained by
- County
- Lots
- 34
- Price per acre
- $148,378
- Easements
- Yes
- Restrictions
- Restrictions,Sidewalk Required,SqFt Restrictions,Building Restrictions,Covenants
- Platted
- Yes
- Planned unit development
- Yes
- Directions
- From Spencer, head east on Hwy 46, turn right onto Hwy 43. Go 0.6 miles and turn left onto White Oak Rd. Turn left onto Pin Oak Rd. Turn Right on Walnut St. The property is the 2nd lot on the right.
Schools
- Elementary school
- Mccormicks Creek
- Middle school
- Owen Valley
- High school
- Owen Valley
- School district
- Spencer-Owen Community Schools
HOA & community
- HOA fee
- $300
- HOA fee frequency
- Annually
Taxes & terms
- Tax exemptions
- No Exemptions
- Listing terms
- Cash, Conventional
- Possession
- DOFC
- Parcel number
- 60-10-26-300-370.134-027
Utilities
- Water
- City
- Sewer
- City
- Electric
- Available
- Fuel
- Gas
- Electric provider
- South Central REMC
- Gas provider
- Community NatGas(Spencer)
- Water provider
- BBP


