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7228 Locust Lake East Drive, Spencer, IN 47460

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For Sale

$24,900

0.84 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Vacant Land
    Property type

  • 0.8 acres
    Lot size

Explore this Property

Two wooded lots totaling 0.84 of an acre are located in the quiet Locust Lake community just north of Spencer. With partial views of the water from across the road, this property offers an ideal setting for a future home or weekend getaway. A driveway has already been installed, and a perk test for septic has been completed and is on record, making the property ready for development. Electricity is available at the road, and high-speed internet is offered through REMC. While the property is not lakefront, ownership includes access to the community dock and the ability to leave a boat tied up. Locust Lake is a well-stocked, man-made lake that allows electric motorboats only, perfect for peaceful fishing or relaxing time on the water. HOA dues are paid annually in August. Whether you're ready to build or simply want a tranquil escape, this 0.84-acre property is a wonderful opportunity to enjoy lake life in a natural, wooded setting.
MLS# 202512366

Listed By CENTURY 21 Scheetz

Property Features

  • Lot Size
    0.84 Acres
  • Road Type
    Private Road
  • Sewer
    None
  • Style
    Other Style

Map and Directions

Directions to 7228 Locust Lake East Drive, Spencer, IN 47460

Home seller Meet the Agent,
Corey Mauder

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Corey Mauder

of CENTURY 21 Scheetz

(812) 606-1908
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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