NOT LISTED FOR SALE

299 E Fall Creek Rd Spencer, IN 47460

Estimated Value: $126,000 - $265,000

40 Acres
$5,317 Price per Acre
1,742,400 Sq Ft Lot

Sale Details

Date Sold: November 6, 2025

Last sale price $240,000 $455 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,233 / mo

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

40 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2025
Closed on
Nov 4, 2025
Sold by
Bought by
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
Current Estimated Value
$212,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,333
Avg. Annual Appreciation
-19.42%
Original Mortgage
$815,000
Outstanding Balance
$815,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
-$602,333

Purchase Details

Closed on
Oct 31, 2024
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2014
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
$50,000 First American Title
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $815,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,029 $79,800 $42,800 $37,000
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

    25 Total Sales

    Bill Pursell
    Section Image

  • V

    Buyer's Agent in 2025

    Vern Keith

    Keith Realty & Auction Group

    (812) 821-1211

    34 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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