$383,800
SOLD SEP 26, 2025

736 Freeman Rd Spencer, IN 47460

4 Beds
3 Baths
2,214 Sq Ft
5.18 Acres

Recently Sold

$173 Per Sq Ft

9% Below List Price

88 Days on Market

Highlights

  • Partially Wooded Lot
  • Wood Flooring
  • Solid Surface Countertops
  • Traditional Architecture
  • Whirlpool Bathtub
  • Covered Patio or Porch

About This Home

As of September 2025

Just what you have been waiting for. A charming, updated farmhouse, a historic barn, 5 acres of land, located only two miles from Downtown Spencer. This spacious home has 4 bedrooms, 3 full baths, an office, formal dining room, beautifully updated kitchen with new stainless-steel appliances, solid surface counter tops, new cabinetry and new vinyl flooring. The primary suite is on the upper level and has a huge closet, jacuzzi tub, separate shower and twin sink vanity. There are two more spacious bedrooms and a bath on the upper level and yet a 4th bedroom on the main level. The home has some original painted hardwood flooring in the living room and a covered front porch. There is a huge laundry room and an attached garage. Outside you will find a circle driveway with two entrances off the highway, a beautifully maintained yard, a fire pit area, plenty of parking, a fully fenced in pasture with a small animal barn plus the historical barn built in the early 1900's. There is plenty of room for chickens, goats, a garden or whatever your heart desires. It's the perfect location for those who want to live in the country yet prefer the convenience of being only two miles from Spencer with restaurants, entertainment and social activities. It's pretty much "a dream come true"!

Last Agent to Sell the Property

Deborah Foutch

Owen County Home Company Brokerage Phone: 812-821-7005 Listed on: 06/27/2025

Last Buyer's Agent

Nicole Stanley

RE/MAX Cornerstone

RE/MAX Cornerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1942

Lot Details

  • 5.18 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Landscaped
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is zoned R1, Rural Homesites

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Formal Dining Room
  • Utility Room in Garage
  • Partially Finished Basement
  • Block Basement Construction
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Schools

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

Utilities

  • Central Air
  • SEER Rated 13+ Air Conditioning Units
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater
  • Septic System

Additional Features

  • Covered Patio or Porch
  • Livestock Fence

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 60-10-28-300-560.002-027
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,215

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1942
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: IN SW S28 T10 R3 5.18A
  • Parcel Number ID: 60-10-28-300-560.002-027
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Solid Surf, Detector-Smoke, Dryer Hook Up Electric, Firepit, Jet Tub, Landscaped, Porch Covered, Six Panel Doors, Storm Doors, Twin Sink Vanity, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Washer Hook-Up, Garage Utilities
  • Cross Street: Pottersville Rd
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Zoning Description: Rural Homesites
  • County Zoning: R1
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2814
  • Total Finished Sq Ft: 2214
  • Above Grade Finished Sq Ft: 2214
  • Below Grade Sq Ft: 600
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Hardwood Floors, Laminate, Vinyl
  • Living Great Room: Dimensions: 15x12, On Level: Main
  • Kitchen: Dimensions: 10x11, On Level: Main
  • Dining Room: Dimensions: 17x11, On Level: Main
  • Extra Room: Office, Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 10x15, On Level: Upper
  • Bedroom 3: Dimensions: 20x11, On Level: Upper
  • Bedroom 4: Dimensions: 11x12, On Level: Upper
  • Loft: Dimensions: 12x9, On Level: Upper
  • Main Level Sq Ft: 1134
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 600

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None, Dimensions: 40x30, 1200
  • Fence: Partial, Farm
  • Outbuilding2: Barn, Dimensions: 24x12, 288

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x20
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: REMC
  • Gas Company: Community NatGas(Spencer)
  • Water Company: BBP
  • Hvac: HVAC (13 Seer)
  • Laundry: Dimensions: Mainx8, On Level: 20

Schools

  • Elementary School: Spencer

Lot Info

  • Lot Description: Partially Wooded, Rolling, 3-5.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 225641
  • Estimated Lot Size Acres: 5.18

Green Features

  • Energy Efficient: Appliances, Insulation, Water Heater, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1214.94
  • Exemptions: Homestead

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
Jun 27, 2025
Closed on
Sep 26, 2025
Sold by
Frye Ron W and Frye Amanda Y
Bought by
Anderson Elizabeth and Anderson Alan
Seller's Agent
Deborah Foutch
Owen County Home Company
Buyer's Agent
Nicole Stanley
RE/MAX Cornerstone
List Price
$419,900
Sold Price
$383,800
Premium/Discount to List
-$36,100
-8.6%
Views
103
Current Estimated Value
$377,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,536
Avg. Annual Appreciation
-6.64%
Original Mortgage
$364,610
Outstanding Balance
$364,610
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$12,654

Purchase Details

Listed on
Nov 13, 2024
Closed on
Feb 7, 2025
Sold by
Drake Cody Allen and Salyers Nicole Ann
Bought by
Frye Ron W and Frye Amanda Y
Seller's Agent
Bill Pursell
Area Realty Key Associates
Buyer's Agent
Deborah Foutch
Owen County Home Company
List Price
$375,000
Sold Price
$346,000
Premium/Discount to List
-$29,000
-7.73%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.89%
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $364,610 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2025 09/26/25 Sold $383,800 -3.8% $173 / Sq Ft
09/23/2025 09/23/25 Pending -- -- --
07/11/2025 07/11/25 Price Changed $399,000 -5.0% $180 / Sq Ft
06/27/2025 06/27/25 For Sale $419,900 +21.4% $190 / Sq Ft
02/07/2025 02/07/25 Sold $346,000 -7.7% $142 / Sq Ft View Prior Sale
11/18/2024 11/18/24 Pending -- -- --
11/13/2024 11/13/24 For Sale $375,000 +114.3% $154 / Sq Ft
09/24/2018 09/24/18 Sold $175,000 0.0% $98 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Sold $175,000 -7.4% $78 / Sq Ft View Prior Sale
08/02/2018 08/02/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $189,000 0.0% $85 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $189,000 0.0% $85 / Sq Ft
12/29/2017 12/29/17 For Sale $189,000 -- $106 / 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 $1,215 $173,200 $36,400 $136,800
2023 $1,127 $160,300 $34,600 $125,700
2022 $1,067 $141,800 $32,500 $109,300
2021 $1,010 $126,300 $31,500 $94,800
2020 $1,020 $127,800 $31,400 $96,400
2019 $974 $119,900 $27,400 $92,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202524899

Indiana Regional MLS

APN: 60-10-28-300-560.002-027