Sold
Large Tillable Property, Excellent For Agribusiness Opportunity
Acreage
82.03 ±
County
Owen
SOLD
Address N US 231, Lot#WP001 Spencer, IN 47460
View on Google MapsDescription
This property in Owen County, Indiana, presents a significant opportunity for agricultural, commercial, residential, or mixed-use development. The tract is characterized by large areas of tillable land, offering productive open acreage suited for crop production or other agricultural ventures. In addition, the property features frontage along a state road, ensuring visibility and ease of access. Multiple access points further enhance the flexibility of ingress and egress, as well as potential subdivision or phased development.
Situated a short drive from the town of Spencer (the county seat of Owen County) — which provides local amenities, services, and connectivity — this site combines rural land advantages with accessibility to nearby hubs. The combination of productive open ground, road frontage, and access infrastructure supports a range of uses: continuing as tillable farmland, developing as an agribusiness operation (such as equipment storage, grain handling, or service facility), establishing a residential component, or positioning for commercial or light industrial use given the road visibility.
Utilities and infrastructure may be extended, given the state road adjacency and access points. The terrain is primarily open and workable, which reduces site preparation cost and effort. The openness of the tract means that clearing is minimal and site layout options are broad. Road frontage offers not only access but also branding and signage opportunities for commercial use. The multiple access points also provide flexibility in traffic flow, separating public and private entrances if desired.
The geographic setting in Owen County situates the property within a rural, agricultural region of south-central Indiana that retains strong connectivity to regional markets while offering a quieter land base. The county has a history of agricultural production and natural resource-based operations. Its landscape and transportation networks support landowners seeking both productivity and flexibility.
In summary, the property offers: large, open, tillable acreage; direct state-road frontage; multiple access points; proximity to Spencer; and a flexible zoning or use potential, suitable for farming, agribusiness, residential development, or commercial enterprise. It is a land asset designed for productive use and long-term adaptability.
Details
Summary
Land Type
Hunting and Recreational
Property Type
Farms, Recreational Land, Residential Land, Undeveloped Land, Commercial Land
Land and Farm Property Types
Agriculture - Agribusiness, Land - Recreational, Land - Undeveloped
Road Frontage
State Highway, County Road
Activities on Property
Hunting, Hiking, ATV Riding, Camping, Biking, Horseback Riding, Family Activities
Roads
Road Frontage
Tillable/Production Areas
Tillable
Wild Game
Big Game
Feeds
Lands of America
Other Property Details
Coordinates
39.3717, -86.7493
Annual Taxes
$1,000
Sold Property
For more information or to see additional properties currently for sale see Brad Garrison's listings.