
561 Hancock School Rd Spencer, IN 47460
Highlights
- Horse Facilities
- Living Room with Fireplace
- Partially Wooded Lot
- RV Parking in Community
- Cathedral Ceiling
- Traditional Architecture
About This Home
As of April 2025Welcome 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
Century 21 Scheetz - Bloomington Brokerage Phone: 812-821-1735

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
- 4 Bedrooms 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $53,946 | Unknown |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $227,900 | -- |
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Source: Indiana Regional MLS
MLS Number: 202507282

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