$470,000
SOLD APR 29, 2025

8255 Patricksburg Rd Spencer, IN 47460

72 Acres
$6,528 Price per Acre
3,136,320 Sq Ft Lot

Recently Sold

4% Below List Price

33 Days on Market

About This Lot

As of April 2025

New Listing: 72 Acres +/- in Spencer, IN Location: 8255 Patricksburg Road, Spencer, IN 47460 Property Overview: This stunning 72-acre +/- property in Spencer, Indiana, offers a mix of tillable ground, wooded acreage, and excellent building opportunities. Whether you’re looking for a private homestead, an income-producing farm, or a recreational retreat, this property has it all. Key Features: Land Breakdown: 72 acres +/- in total 30 acres +/- of tillable ground, providing income potential, building sites, and options for food plots or CRP programs Marketable timber throughout the wooded acreage Utilities & Accessibility: Paved road frontage with easy access Electric, high-speed internet, and city water available at the street Recreational & Wildlife Opportunities: A creek runs through the property, adding to its natural beauty and providing a water source for wildlife Abundant deer and turkeys throughout the property, making it an excellent hunting or wildlife observation site A secluded 5-acre field at the back of the property, ideal for food plots or a private building site Versatility & Expansion Potential: Multiple building site opportunities Options for farming, livestock, or recreational use.

Last Agent to Sell the Property

TODD HARRISON

MOSSY OAK PROPERTIES INDIANA LAND AND LIFESTYLE License #RB19000811 Listed on: 02/24/2025

Co-Listed By

Caleb Emrick

MOSSY OAK PROPERTIES INDIANA LAND AND LIFESTYLE License #RB18001065

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $586

Lot Details

  • 72 Acre Lot
  • Property is zoned Vacant

Schools

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

Farming

  • Farm

Listing and Financial Details

  • Assessor Parcel Number 60-12-13-300-160.000-022

Property Details

Property Type

Land

Est. Annual Taxes

$586

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 8255 Patricksburg Road
  • Second Address Number: 8255
  • Home Sale Contingency: No
  • Listing Office2: 179
  • OFFICELIST_STATE: IN
  • Street Designation: Road
  • Parcel1Number: 60-12-13-300-170.000-022
  • Parcel2Number: 60-12-13-300-160.000-022
  • Number of Tillable Acres: 30
  • Number of Wooded Acres: 42
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Foreclosure: No
  • Basement Type: Farm

Exterior Features

  • Number of Acres: 72
  • Price Per Acre: 6805.56

Fee Information

  • Tax Class: LAND
  • Taxes: 586

Schools

  • Elementary School: Owen
  • High School: Owen Valley High School
  • Middle School: Owen Valley Middle

Lot Info

  • Zoning: Vacant

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Apr 11, 2025
Sold by
Sanders Keith W and Sanders Janet J
Bought by
Rose Aaron and Rose Lisa
Seller's Agent
TODD HARRISON
MOSSY OAK PROPERTIES INDIANA LAND AND LIFESTYLE
List Price
$490,000
Sold Price
$470,000
Premium/Discount to List
-$20,000
-4.08%
Views
18
Current Estimated Value
$492,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,305

Purchase Details

Closed on
Apr 9, 2010
Sold by
Boatright Susan E
Bought by
Sanders Keith W and Sanders Janet J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
5.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 $470,000 First American Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $147,500 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2025 04/29/25 Sold $470,000 -4.1% --
03/29/2025 03/29/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $490,000 -- --
Source: Terre Haute Area Association of REALTORS®

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 $659 $50,600 $50,600 $0
2023 $586 $42,100 $42,100 $0
2022 $497 $33,300 $33,300 $0
2021 $485 $28,600 $28,600 $0
2020 $475 $28,400 $28,400 $0
2019 $547 $30,700 $30,700 $0
2018 $569 $31,700 $31,700 $0
2017 $640 $36,300 $36,300 $0
2016 $683 $38,500 $38,500 $0
2014 $714 $40,300 $40,300 $0
2013 -- $34,600 $34,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Terre Haute Area Association of REALTORS®

MLS Number: 105602

APN: 60-12-13-300-170.000-022