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!
Closed
$539,400
561 Hancock School Rd, Spencer, IN 47460
3beds
2,746sqft
Single Family Residence
Built in 1983
10 Acres Lot
$-- Zestimate®
$--/sqft
$2,479 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,479/mo
Zestimate® history
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List your homeWhat's special
In-law suiteNetwork of trailsSerene rural settingTwo dining areasTwo fenced pasturesThoughtfully designed homeWell-maintained barn with stalls
Zillow last checked:
Listing updated:
Listed by:
Tara White Cell:812-821-1735,
Century 21 Scheetz - Bloomington
Bought with:
Bethany Kempf, RB22000593
Century 21 Classic Realty
Source: IRMLS,MLS#: 202507282
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Kitchen
- Level: Main
- Area: 208
- Dimensions: 16 x 13
Living room
- Level: Main
- Area: 400
- Dimensions: 25 x 16
Heating
- Natural Gas, Wood, Forced Air
Cooling
- Central Air
Appliances
- Included: Range/Oven Hook Up Gas, Dishwasher, Microwave, Refrigerator, Gas Range, Water Filtration System, Gas Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- 1st Bdrm En Suite, Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Laminate Counters, Entrance Foyer, Guest Quarters, Kitchen Island, Natural Woodwork, Double Vanity, Stand Up Shower, Formal Dining Room, Great Room
- Flooring: Hardwood, Laminate, Tile
- Doors: Pocket Doors, Six Panel Doors
- Windows: Double Pane Windows, Window Treatments, Blinds
- Basement: Walk-Out Access,Finished,Exterior Entry,Block
- Attic: Pull Down Stairs,Storage
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room, Wood Burning, Basement, Wood Burning Stove
Interior area
- Total structure area: 2,746
- Total interior livable area: 2,746 sqft
- Finished area above ground: 2,746
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, RV Access/Parking, Heated Garage, Gravel
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two and Half Story
- Stories: 2.5
- Patio & porch: Deck, Patio
- Fencing: Barbed Wire,Farm
Lot
- Size: 10 Acres
- Features: Irregular Lot, Level, Few Trees, Rolling Slope, 10-14.999, Pasture, Rural, Landscaped
Details
- Additional structures: Garden Shed
- Additional parcels included: 6011-26-200-260.000-027
- Parcel number: 601126200270.000027
- Horse amenities: Horse Facilities
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Cedar, Shingle Siding, Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: South Central REMC
- Gas: Community NatGas(Spencer)
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Features: Horse Facilities
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Spencer
Financial & listing details
- Tax assessed value: $327,600
- Annual tax amount: $3,024
- Date on market: 3/7/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2025 | Sold | $539,400-1.9% |
Source:  IRMLS #202507282 Report a problem | ||
| 4/8/2025 | Pending sale | $549,900 |
Source: IRMLS #202507282 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,341 +4.1% | $327,600 +7.2% |
| 2024 | $2,249 +1% | $305,700 +7.9% |
| 2023 | $2,228 +1.8% | $283,300 +13.3% |
| 2022 | $2,189 +12.7% | $250,100 +11.9% |
| 2021 | $1,942 +3.6% | $223,500 +7.2% |
| 2020 | $1,873 +10.5% | $208,400 +6.1% |
| 2019 | $1,695 +11.4% | $196,400 +8.6% |
| 2018 | $1,521 -2.2% | $180,900 +7.4% |
| 2017 | $1,556 | $168,500 -0.4% |
| 2016 | $1,556 +0.5% | $169,200 +1.3% |
| 2014 | $1,548 -1.2% | $167,000 +6.8% |
| 2013 | $1,566 +3.1% | $156,300 +0.1% |
| 2012 | $1,519 -1.9% | $156,100 -6.8% |
| 2011 | $1,548 -11.7% | $167,400 -3.3% |
| 2010 | $1,754 -0.6% | $173,200 -6.3% |
| 2009 | $1,764 -2.1% | $184,800 +1.9% |
| 2007 | $1,802 -14.3% | $181,300 +1.7% |
| 2006 | $2,102 | $178,200 |
Find assessor info on the county website
Neighborhood: 47460
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Nearby schools
GreatSchools rating
- 4/10Spencer Elementary SchoolGrades: PK-6Distance: 3.8 mi
- 7/10Owen Valley Middle SchoolGrades: 7-8Distance: 2.7 mi
- 4/10Owen Valley Community High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Spencer
- Middle: Owen Valley
- High: Owen Valley
- District: Spencer-Owen Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Owen County
- Spencer
- 47460
- 561 Hancock School Rd
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