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Remotely sensed image segmentation and classification form a very important part of remote sensing which involves geo-data processing and analysis. Artificial neural networks (ANNs) are powerful machine learning approaches that have been successfully implemented in numerous fields of study. There exist many kinds of neural networks and there is no single efficient approach for resolving all geospatial problems. Therefore, this research aims at investigating and evaluating the efficiency of three ANN approaches, namely, backpropagation neural network (BPNN), radial basis function neural network (RBFNN), and Elman backpropagation recurrent neural network (EBPRNN) using multi-spectral satellite images for terrain feature classification. Additionally, there has been close to no application of EBPRNN in modeling multi-spectral satellite images even though they also contain patterns. The efficiency of the three tested approaches is presented using the kappa coefficient, user’s accuracy, producer’s accuracy, overall accuracy, classification error, and computational simulation time. The study demonstrated that all the three ANN models achieved the aim of pattern identification, segmentation, and classification. This paper also discusses the observations of increasing sample sizes as inputs in the various ANN models. It was concluded that RBFNN’s computational time increases with increasing sample size and consequently increasing the number of hidden neurons; BPNN on overall attained the highest accuracy compared to the other models; EBPRNN’s accuracy increases with increasing sample size, hence a promising and perhaps an alternative choice to BPNN and RBFNN if very large datasets are involved. Based on the performance metrics used in this study, BPNN is the best model out of the three evaluated ANN models.