Property details
About 5554 Patricksburg Rd
Explore the possibilities with this expansive 14-acre farm lot located in the heart of rural Owen County! Situated along Patricksburg Rd in Spencer, IN, this prime piece of agricultural land offers the perfect setting for your dream homestead, farming operation, or country getaway. The property features open, tillable acreage ideal for crops, livestock, or pasture use, with electric and water facilities readily available at the road—making development and utility setup a breeze. Whether you're looking to build your dream home, start a farm, or invest in land with great potential, this parcel offers a peaceful rural lifestyle surrounded by natural beauty and open skies. Don’t miss out on this rare opportunity to own versatile farmland in a quiet, scenic setting—just a short drive from Spencer and local amenities. This property can be purchased as a package with lising #202523280 for a total of 34.65 acres
Highlights
Virtual tour
Summary
- List Price: $130,000
- Annual Tax Amount: $991
- Tax Year: 2023
- Directions: GPS Friendly
- Lot Size: 14 Acres
- MLS Number: 202523310
- Office Name: Mark Dietel Realty, LLC
- Office Email: offers@markdietel.com
- Listing Agent: Vince Ferguson
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. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 2:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $71,300 | $991 |
| 2021 | $56,100 | $951 |
| 2020 | $54,000 | $937 |
| 2019 | $52,600 | $919 |
| 2017 | $51,100 | $901 |
History based on county public records data.
Nearby schools
7
Patricksburg Elementary School
Public District KG-6
4.6 mi
•Hwy 246
4
Spencer Elementary School
Public District PK-6
6.0 mi
•151 E Hillside Ave
7
McCormick's Creek Elementary School
Public District KG-6
9.0 mi
•1601 Flatwoods Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,980. The majority of Spencer, IN residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
GMC
Chevrolet
What do the neighbors listen to?
Classic Country
New Country- Country
Frequently asked questions
About 5554 Patricksburg Rd
The listing price of 5554 Patricksburg Rd property is $130,000.
The property 5554 Patricksburg Rd is land located in Spencer, Indiana, 47460.
Active Listing: 5554 Patricksburg Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5554 Patricksburg Rd are: Patricksburg Elementary School (GreatSchools Rating 7/10), Spencer Elementary School (GreatSchools Rating 4/10), McCormick's Creek Elementary School (GreatSchools Rating 7/10), Owen Valley Middle School (GreatSchools Rating 6/10), Edgewood Junior High School (GreatSchools Rating 5/10), Cloverdale Middle School (GreatSchools Rating 5/10), Owen Valley Community High School (GreatSchools Rating 4/10), Clay City Jr-Sr High School (GreatSchools Rating 7/10), Edgewood High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $991 (source: MLS/based on county public records data).
This home is located at 5554 Patricksburg Rd in Spencer, IN and zip code 47460. This home sits on a 14.00 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $130,000.
In June 2025 more than 0 listings in Spencer, IN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 8 were sold below. The inventory of homes for sale in Spencer, IN between May and June 2025 decreased by 1.4%. While the average time on the market in June 2025 was 48 days, the median list price was $280,000.