6195 Vilas Rd Spencer, IN 47460
Estimated payment $3,653/month
Total Views
7,230
3
Beds
2
Baths
1,484
Sq Ft
$428
Price per Sq Ft
Highlights
- Guest House
- Mature Trees
- No HOA
- 14.35 Acre Lot
- Ranch Style House
- 2 Car Garage
About This Home
Welcome to your dream homestead in this turnkey, sustainable farm with income potential on almost 15 Acres of diverse and fully fenced land, only 30 minutes from Bloomington. Whether you're seeking a peaceful rural retreat, or a dynamic income-generating property, this one-of-a-kind farm offers it all--multi-pasture layout perfect for rotational grazing and livestock plus berry bushes, fruit trees, perennial flowers, raised bed gardens for abundant farm-to-table living. Don't miss the scenic walking trails, fire pits, and a peaceful pond to enjoy the natural beauty. There are two large barns for equipment and animals, and a newer pole barn (built in 2020) with barndominium potential. Seven of eight buildings have new copper-tone metal roofs (installed 2020). Main Residence: Approx. 1,500 sq ft ranch-style home with three bedrooms, cozy fireplace, and wood stove as well as stunning all-season room with stamped concrete, floor-to-ceiling windows, and independent heating/cooling-ideal for a master bedroom or sunlit sanctuary. The "Saloon": Rustic charm meets function in this Airbnb-favorite guest house featuring open-concept living/dining, 1 bedroom, and full bath with vintage clawfoot tub. (Pellet stove ready to install) A truly unique space that adds personality and rental income potential. Guest Cabin: Approx. 1,000 sq ft with full kitchen and bath, first-floor bedroom + loft, wood stove, and cozy living/dining area. The front porch overlooks a pond- ideal for Airbnb, in-law quarters, or a serene getaway. Additional Structures: Workshop/art studio, small shed perfect for a chicken coop and even more room to expand or repurpose structures for additional business opportunities! This farm is not just a property-it's a lifestyle, schedule your private tour today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,634
Year Built
- Built in 1979
Lot Details
- 14.35 Acre Lot
- Rural Setting
- Mature Trees
Parking
- 2 Car Garage
- Workshop in Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
- Wood Siding
Interior Spaces
- 1,484 Sq Ft Home
- Woodwork
- Great Room with Fireplace
- Combination Kitchen and Dining Room
- Crawl Space
Kitchen
- Country Kitchen
- Electric Oven
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Fire Pit
- Outdoor Storage
- Enclosed Glass Porch
Additional Homes
- Guest House
Schools
- Owen Valley Middle School
- Owen Valley Community High School
Utilities
- Central Air
- Well
- Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 601623400170000017
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,634 | $325,900 | $56,500 | $269,400 |
| 2023 | $3,072 | $309,600 | $53,700 | $255,900 |
| 2022 | $3,312 | $301,600 | $50,900 | $250,700 |
| 2021 | $2,533 | $216,400 | $49,300 | $167,100 |
| 2020 | $2,490 | $215,900 | $49,300 | $166,600 |
| 2019 | $2,509 | $202,700 | $42,100 | $160,600 |
| 2018 | $2,594 | $206,100 | $42,400 | $163,700 |
| 2017 | $2,376 | $195,900 | $43,900 | $152,000 |
| 2016 | $2,345 | $192,400 | $44,700 | $147,700 |
| 2014 | $2,377 | $195,300 | $45,200 | $150,100 |
| 2013 | -- | $200,100 | $43,400 | $156,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Pending | -- | -- | -- |
| 07/18/2025 07/18/25 | For Sale | $635,000 | +98.5% | $428 / Sq Ft |
| 08/28/2020 08/28/20 | Sold | $319,900 | -3.0% | $282 / Sq Ft |
| 07/18/2020 07/18/20 | Pending | -- | -- | -- |
| 07/15/2020 07/15/20 | For Sale | $329,900 | -- | $291 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $319,900 | Bethel Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,000 | Credit Line Revolving | |
| Previous Owner | $280,500 | New Conventional |
Source: Public Records
Similar Homes in Spencer, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22050305
APN: 60-16-23-400-170.000-017
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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.
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