NOT LISTED FOR SALE

561 Hancock School Rd Spencer, IN 47460

Estimated Value: $167,000

3 Beds
3 Baths
2,746 Sq Ft
$61/Sq Ft Est. Value

Last Sold April 11, 2025

Last sale price $539,400 $196 Per Sq Ft

Current estimated payment $979/month

32 Days on Market

Highlights

  • Horse Facilities
  • Living Room with Fireplace
  • Partially Wooded Lot
  • RV Parking in Community
  • Cathedral Ceiling
  • Traditional Architecture

About This Home

As of April 2025

Welcome to this charming 10-acre hobby farm, perfect for those seeking a peaceful country retreat with plenty of space for both family and animals. Nestled in a serene, rural setting, this property features a spacious 3/4 bedroom, 3-bathroom home with an in-law suite, offering flexible living options for your family and guests. Step inside to discover a thoughtfully designed home, including two fully equipped kitchens, two dining areas, and two cozy living rooms—ideal for entertaining or enjoying quiet time. The bright, open Great Room boasts impressive cathedral ceilings, creating an airy and welcoming atmosphere for gatherings or relaxation. The main home features a versatile layout with ample room for everyone. The in-law suite offers privacy and independence, making it an excellent addition for guests. With a total of 3 to 4 bedrooms and 3 full bathrooms, there's plenty of room for growth or customization to suit your lifestyle. This property is a former horse farm, and the equestrian enthusiast will appreciate the well-maintained barn with stalls, perfect for housing horses or other animals. The two fenced pastures provide ample space for grazing, and the entire property is designed for outdoor enjoyment. A network of trails winds through the wooded areas, offering peaceful walks or opportunities for outdoor recreation, while a creek adds a picturesque touch to the natural surroundings. Whether you're looking for a hobby farm, a home with room to grow, or simply a peaceful retreat in nature, this 10-acre property offers it all. With its mix of open fields, woods, and a beautiful home, it's the perfect place to create lasting memories. Don't miss your chance to own this unique and versatile property!

Last Agent to Sell the Property

Tara White

Century 21 Scheetz - Bloomington Brokerage Phone: 812-821-1735 Listed on: 03/07/2025

Century 21 Scheetz - Bloomington

Last Buyer's Agent

Bethany Kempf

Century 21 Classic Realty

Century 21 Classic Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1983

Lot Details

  • 10 Acre Lot
  • Rural Setting
  • Barbed Wire
  • Landscaped
  • Level Lot
  • Irregular Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Cedar

Interior Spaces

  • 2,746 Sq Ft Home
  • 2.5-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Pocket Doors
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Separate Shower

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Fireplace in Basement
  • Block Basement Construction
  • 1 Bathroom in Basement

Outdoor Features

  • Patio

Schools

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

Farming

  • Livestock Fence
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-11-26-200-270.000-027

Community Details

Overview

  • RV Parking in Community

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,024

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1983
  • Age: 42
  • Style: Two and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT NW NW S26 T10 R4 1.50A; PT NW NW S26 T10 R4 8.56A
  • Parcel Number ID: 60-11-26-200-270.000-027
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Attic Storage, Breakfast Bar, Ceiling-Cathedral, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Deck Open, Detector-Smoke, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Guest Quarters, Kitchen Island, Landscaped, Natural Woodwork, Patio Open, Pocket Doors, Range/Oven Hook Up Gas, Six Panel Doors, Twin Sink Vanity, RV Parking, Stand Up Shower, Formal Dining Room, Garage-Heated, Great Room, Washer Hook-Up
  • Location: Rural
  • Parcel Id2: 60-11-26-200-260.000-027
  • Sp Lp Percent: 98.09
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2746
  • Total Finished Sq Ft: 2746
  • Above Grade Finished Sq Ft: 2746
  • Price Per Sq Ft: 196.43
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished, Outside Entrance
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Wood Burning, Basement, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Laminate, Tile
  • Living Great Room: Dimensions: 25x16, On Level: Main
  • Kitchen: Dimensions: 16x13, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Other Room1: 2nd Kitchen, Dimensions: 10x9, On Level: Lower
  • Other Room 2: 2nd Dining, Dimensions: 8x7, On Level: Lower
  • Other Room 3: 2nd Living Room, Dimensions: 14x14, On Level: Lower
  • Loft: Dimensions: 16x12, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Cedar, Shingle, Wood
  • Roof Material: Shingle
  • Outbuilding1: Horse Facilities, Dimensions: 40x36, 1440
  • Fence: Barb Wire, Farm
  • Outbuilding2: Garden Shed, Dimensions: 10x10, 100

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 32x24
  • Garage Sq Ft: 768
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Wood, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: South Central REMC
  • Gas Company: Community NatGas(Spencer)
  • Laundry: Dimensions: Lowerx7, On Level: 8
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Horse Facilities

Schools

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

Lot Info

  • Lot Description: Irregular, Level, Partially Wooded, Rolling, 10-14.999, Pasture
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 435600
  • Estimated Lot Size Acres: 10

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 3024.48
  • Exemptions: Homestead, Mortgage, Supplemental

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

Closed on
Jun 26, 2017
Sold by
Fairbairn William E
Bought by
Stapert Christopher J
Current Estimated Value
$167,000
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stapert Christopher J $227,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fairbain William E $53,946
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $539,400 -1.9% $196 / Sq Ft
04/08/2025 04/08/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $549,900 -- $200 / 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 $684 $47,800 $47,800 $0
2023 $731 $47,800 $47,800 $0
2022 $419 $25,600 $25,600 $0
2021 $470 $25,600 $25,600 $0
2020 $458 $25,600 $25,600 $0
2019 $76 $4,000 $4,000 $0
2018 $79 $4,100 $4,100 $0
2017 $88 $4,700 $4,700 $0
2016 $92 $5,000 $5,000 $0
2014 $98 $5,200 $5,200 $0
2013 -- $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Tara White

    Seller's Agent in 2025

    Tara White

    Century 21 Scheetz - Bloomington

    (844) 821-6051

    67 Total Sales

    Tara White
    Section Image
  • Bethany Kempf

    Buyer's Agent in 2025

    Bethany Kempf

    Century 21 Classic Realty

    (317) 644-9130

    38 Total Sales

    Bethany Kempf
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202507282

Indiana Regional MLS

APN: 60-11-26-200-260.000-027

Indiana Owen County Spencer 47460

561 Hancock School Rd, Spencer, IN

This home is located at 561 Hancock School Rd, Spencer, IN 47460 since 07 March 2025 and is currently estimated at $167,000, approximately $60 per square foot. This property was built in 1983. 561 Hancock School Rd is a home located in Owen County with nearby schools including Owen Valley Community High School.

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 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.

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