$240,000
SOLD NOV 6, 2025

299 E Fall Creek Rd Spencer, IN 47460

40 Acres
$6,000 Price per Acre
1,742,400 Sq Ft Lot

Recently Sold

$455 Per Sq Ft

8% Below List Price

0 Day on Market

About This Lot

As of November 2025

mostly woodedd old house not in good condition

Last Agent to Sell the Property

Bill Pursell

Area Realty Key Associates Brokerage Phone: 812-829-2487 Listed on: 10/03/2025

Last Buyer's Agent

Vern Keith

Keith Realty & Auction Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $654

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320 x 1340
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)
  • Subdivision Possible

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 60-10-08-400-290.000-027
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$654

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: NE SE Section 8 T 10 N R 3 W containing 40 acres
  • Parcel Number ID: 60-10-08-400-290.000-027
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Gravel
  • Parcel Description: Rolling, Undeveloped
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Side Of Road: North
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Electric Company: Morgan Co REMC, South Central REMC
  • Electricity Type: Available

Schools

  • Elementary School: Spencer

Lot Info

  • Lot Dimensions: 1320 x 1340
  • Estimated Lot Sq Ft: 1742400
  • Estimated Lot Size Acres: 40

Tax Info

  • Annual Taxes: 653.76

MLS Schools

  • High School: Owen Valley
  • Middle School: Owen Valley
  • School District: Spencer-Owen Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2025
Closed on
Nov 4, 2025
Sold by
Stahl James Brett and Stahl Kimberly
Bought by
Truax Jacob D and Truax Stephanie
Seller's Agent
Bill Pursell
Area Realty Key Associates
Buyer's Agent
Vern Keith
Keith Realty & Auction Group
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-85.07%
Original Mortgage
$815,000
Outstanding Balance
$815,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
-$631,097

Purchase Details

Closed on
Oct 31, 2024
Sold by
Stahl Christine and Stahl Blair Christine
Bought by
Tucker Harry

Purchase Details

Closed on
Jul 28, 2015
Sold by
Stahl James Brett and Stahl Christine
Bought by
Stahl James Brett and Stahl Kimberly

Purchase Details

Closed on
Apr 17, 2014
Sold by
Stahl Christine
Bought by
Stahl James Brett and Stahl Christine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed $50,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $815,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 Sold $240,000 -7.7% $455 / Sq Ft
10/03/2025 10/03/25 Pending -- -- --
10/03/2025 10/03/25 For Sale $260,000 -- $492 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $654 $45,700 $38,700 $7,000
2023 $657 $43,000 $36,400 $6,600
2022 $997 $64,000 $34,000 $30,000
2021 $1,026 $58,900 $32,700 $26,200
2020 $973 $57,400 $32,700 $24,700
2019 $927 $51,900 $28,900 $23,000
2018 $843 $47,000 $25,200 $21,800
2017 $826 $46,900 $26,500 $20,400
2016 $824 $47,800 $27,200 $20,600
2014 $896 $47,500 $27,700 $19,800
2013 -- $44,300 $26,000 $18,300
Source: Public Records

Agents Affiliated with this Home

  • Bill Pursell

    Seller's Agent in 2025

    Bill Pursell

    Area Realty Key Associates

    (812) 828-7475

    23 Total Sales

    Bill Pursell
    Section Image

  • V

    Buyer's Agent in 2025

    Vern Keith

    Keith Realty & Auction Group

    (812) 821-1211

    31 Total Sales

    Vern Keith
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202540181

Indiana Regional MLS

APN: 60-10-08-400-290.000-027

Indiana Owen County Spencer 47460

299 E Fall Creek Rd, Spencer, IN

Sold

Lots

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