Two wooded lots located in the Locust Lake community just north of Spencer. Partial views of the water from across the road this property would make a great building site. Owning a lot gives right to the public dock and the ability to leave a boat on that dock. Don't forget your fishing pole, Locust Lake is well stock man-made lake allowing only electric motorized boating. Seller has a small fishing boat and trolling motor on the lake that is negotiable. Driveway has been installed. Perk test for septic has been performed and on record to proceed with a septic. Electricity available at the road front and REMC high speed internet is available. Property has a lakeview, it is not lake front. HOA does exist, dues are paid annually in August.
Owen Valley Community High School, Public District Grades 9-12
Owen Valley Middle School, Public District Grades 7-8
Gosport Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: From Spencer take 231 N for 8.2 miles and turn left on Locust Lake Road. Drive .9 mile and take a slight right turn onto Locust Lake Drive. At the Y take another slight right and the property will be on your right after crossing over the damn.
Price Information
Listing Price Info
Price Summary:
List Price: $22,000
HOA Fees:
Amount: $820
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$245
Per Month
Principal & Interest
$110
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$68
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$132
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Gosport Elementary School
9th St
Distance between this listing and this school5.59 miles
Public District Grades KG-6
Middle School
5
/10
Owen Valley Middle School
626 W State Highway 46
Distance between this listing and this school7.08 miles
Public District Grades 7-8
High School
3
/10
Owen Valley Community High School
622 West Sr 46
Distance between this listing and this school7.09 miles
Public District Grades 9-12
Assigned Schools
8
/10
Gosport Elementary School
9th St
Distance between this listing and this school5.59 miles
Public District Grades KG-6
Nearby Schools
6
/10
Spencer Elementary School
151 E Hillside Ave
Distance between this listing and this school6.92 miles
Public District Grades PK-6
5
/10
Cloverdale Elementary School
311 E Logan St
Distance between this listing and this school8.45 miles
Public District Grades PK-4
Assigned Schools
5
/10
Owen Valley Middle School
626 W State Highway 46
Distance between this listing and this school7.08 miles
Public District Grades 7-8
Nearby Schools
6
/10
Cloverdale Middle School
312 E Logan St
Distance between this listing and this school8.47 miles
Public District Grades 5-8
9
/10
Edgewood Junior High School
851 W Edgewood Dr
Distance between this listing and this school12.81 miles
Public District Grades 6-8
Assigned Schools
3
/10
Owen Valley Community High School
622 West Sr 46
Distance between this listing and this school7.09 miles
Public District Grades 9-12
Nearby Schools
7
/10
Cloverdale High School
205 E Market St
Distance between this listing and this school8.56 miles
Public District Grades 9-12
3
/10
Eminence Jr-Sr High School
6760 North Sr 42
Distance between this listing and this school11.24 miles
The neighbors living near this home have an average income of $47,158. Residents of Owen County, IN typically earn between $35k-100k each year. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 000 E Locust Lake Dr
What is the listing price of this property?
The listing price of 000 E Locust Lake Dr property is $22,000.
What type of property is this?
The property 000 E Locust Lake Dr is land located in Spencer, Indiana, 47460.
Is this property for sale now?
Active Listing: 000 E Locust Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 000 E Locust Lake Dr are: Gosport Elementary School: GreatSchools Rating 8/10Owen Valley Middle School: GreatSchools Rating 5/10Owen Valley Community High School: GreatSchools Rating 3/10
Interested in 000 E Locust Lake Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 000 E Locust Lake Dr in Spencer, IN and zip code 47460. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $22,000.
In April 2024 more than 2 listings in Owen County, IN were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 5 were sold below. The number of listings in Owen County, IN increased by 21.4% between March 2024 and April 2024. While the average time on the market in April 2024 was 36 days, the median list price was $243,000.
From Rocket Homes Real Estate and based on county public records data.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
NASCAR
NASCAR
Hunting
Pro Wrestling
Dollar General
Academy Sports & Outdoors
Wal-Mart
Hardee's
Jimmy Johns
Applebees
GMC
Chevrolet
Ram
Classic Country
New Country