#202503319, Amy Highfield, Listing Office: RE/MAX Select Associates, Inc.
Property details
About 7228 Locust Lake E Dr
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.
Highlights
Virtual tour
Summary
- Waterfront: Dock Access, Water Access
- List Price: $24,900
- HOA Amount: $68
- HOA Frequency: Annually
- Directions: GPS Friendly, when entering the lake community stay to the right for East Drive property is on the right after crossing the dam.
- Lot Size: 0.84 Acres
- MLS Number: 202512366
- Office Name: Century 21 Scheetz - Bloomington
- Office Phone: (812) 606-1908
- Listing Agent: Corey Mauder
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 3:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$24,900
7228 Locust Lake E Dr
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Price information
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Nearby schools
6
Gosport Elementary School
Public District PK-6
6.5 mi
•9th St
4
Spencer Elementary School
Public District PK-6
7.3 mi
•151 E Hillside Ave
6
Cloverdale Elementary School
Public District PK-4
8.2 mi
•311 E Logan St
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 $47,158. The most common annual income of people living in Spencer, IN is between $35k-100k. Typical family type is married, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 7228 Locust Lake E Dr
The listing price of 7228 Locust Lake E Dr property is $24,900.
The property 7228 Locust Lake E Dr is land located in Spencer, Indiana, 47460.
Active Listing: 7228 Locust Lake E Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7228 Locust Lake E Dr are: Gosport Elementary School (GreatSchools Rating 6/10), Spencer Elementary School (GreatSchools Rating 4/10), Cloverdale Elementary School (GreatSchools Rating 6/10), Owen Valley Middle School (GreatSchools Rating 6/10), Cloverdale Middle School (GreatSchools Rating 5/10), South Putnam Middle School (GreatSchools Rating 7/10), Owen Valley Community High School (GreatSchools Rating 4/10), Cloverdale High School (GreatSchools Rating 5/10), Eminence Jr-Sr High School (GreatSchools Rating 3/10).
This home is located at 7228 Locust Lake E Dr in Spencer, IN and zip code 47460. This home sits on a 0.84 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $24,900.
Spencer, IN housing market in April 2025 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 6 sold below. In April 2025 in Spencer, IN there were 17.7% more homes for sale than in March. The median list price of listings available in April 2025 was $300,000, while the average time on the real estate market was 84 days.