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For sale
  • $400,000

    89841 489th Ave, Spencer, NE 68777

    5beds
    1,980sqft
    : 
    $2,513/mo
    Get pre-qualified
    Farm
    Built in 1930
    20.91 Acres Lot
    $-- Zestimate®
    $202/sqft
    $-- HOA

    What's special

    Scenic acreageSpring-fed creekNatural spring-fed creekThree cattle watering sitesMain floor master suiteRemodeled main floor bathroomOversized tub
    5 Bed | 1.5 Bath | 1,980± sq. ft. home on 20.91± Acres If you're dreaming of peaceful country living with the convenience of being just a couple miles from town, this scenic acreage offers the best of both worlds. Nestled on 20.91± acres of hay meadow/pasture with a spring-fed creek, this property is ideal for the small hobby farmer, rancher, or anyone craving space, privacy, and rural charm. The spacious 1,980± sq. ft., 1.5-story home features 5 bedrooms and 1.5 bathrooms, with an unfinished basement for added potential. The main floor master suite includes a large walk-in closet with shelving, while the remaining four bedrooms are located upstairs and showcase beautiful original hardwood floors and antique doors, adding a touch of timeless character. Step into the home through the front door into spacious living and dinning areas showcasing a stunning original wood staircase with decorative newel posts and square spindles. A set of clear glass French doors separates the office/den/hobby room from the dining room. Off the dining room, the kitchen features lots of cabinet and counter space with a peninsula island perfect for sit-up dining. You'll love the remodeled main floor bathroom, boasting a walk-in tile shower, oversized tub, and his-and-hers glass bowl sinks. A spacious main floor laundry room also includes a convenient half bath and ample cabinet space. Recent updates include new carpet installed in 2025, a new septic system in 2018, furnace replaced in 2023, and a new water heater in 2025. Outdoors, the property is just as impressive. Multiple outbuildings support a variety of uses: - 32'x28' hay shed with steel siding, dirt floor, power, and water nearby - Barn with concrete floor, loft, livestock stalls, and an insulated workshop - Detached 2-car garage - Pole shed with dirt floor and power - Open-faced garage and open-faced small shed, both with power - Two grain bins (one with a large garage door and window, currently used for storage) - 36'x60' concrete slab with power nearby - ready for your next project or building - Graveled driveway leading up to the home Adding to its functionality, the property includes three cattle watering sites, covered draw, a natural spring-fed creek, and a shelterbelt along the north side of the property providing excellent wind protection and added privacy, enhancing the peaceful, country feel of the property. Whether you're looking to start a hobby farm, raise a few head of livestock, or simply enjoy the quiet life, this well-rounded acreage checks all the boxes. Properties like this - with land, water, character, and proximity to town - don't come around often. Schedule your showing today! Year Built: 1930 Property Taxes (2024): $726.52 Approximate Measurements: Kitchen: 13'8"x13' Dining Room: 13'5"x15'7" Living Room: 22'3"x13'3" Main Bathroom: 7'6"x9'9" Master Bedroom: 20'x18'8" Walk-in Closet: 8'x7'6" 2nd Bedroom: 13'3"x13'6" 3rd Bedroom: 16'8"x9'11" 4th Bedroom: 10'8"x13'4" 5th Bedroom: 13'2"x9'9" Laundry Room/Half Bathroom: 10'x7'6" Porch/Office: 13'7"x7'6" Disclosure: All information contained herein is believed to be accurate; however, neither the Broker, its agents, nor the Seller make any representation, warranty, or guarantee as to its accuracy. Access to the property, availability of utilities, and any dimensions or measurements-including, without limitation, acreage, square footage, frontage, and boundary descriptions-have not been independently verified and are provided solely for marketing purposes. Buyers are advised to conduct their own due diligence to verify all such matters of concern, including measurements, property access, and utility connections. Cooperating Broker Compensation: Terms of cooperating broker compensation, if any, are available upon request from the Listing Broker/Agent and must be determined prior to the commencement of cooperative efforts.
    60 days
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    770
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    49
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kyle Connot 402-340-0493,

    Stracke Land & Realty

    Source: My State MLS,MLS#: 11522472

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Den, Dining Room, First Floor Bathroom, First Floor Master Bedroom, Kitchen, Laundry Room, Living Room, Master Bedroom, Walk-in Closet
      Basement
      • Area: 0
      Heating
      • Has Heating (Unspecified Type)
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,980
      • Total interior livable area: 1,980 sqft
      • Finished area above ground: 1,980
      Video & virtual tour

      Property

      Features
      • Stories: 2
      Lot
      • Size: 20.91 Acres
      Details
      • Additional structures: Shed(s), Barn(s), General Outbuilding, Workshop
      • Parcel number: 200095200
      • Lease amount: $0

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Electric: Amps(0)

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Spencer

      Financial & listing details

      • Price per square foot: $202/sqft
      • Tax assessed value: $104,610
      • Annual tax amount: $727
      • Date on market: 6/26/2026
      • Date available: 06/17/2025
      • Listing agreement: Exclusive

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,938/mo

        Price history

        DateEventPrice
        6/26/2026Listed for sale$400,000$202/sqft
        Source: My State MLS #11522472 Report a problem
        6/18/2026Listing removed$400,000$202/sqft
        Source: My State MLS #11522472 Report a problem
        9/16/2025Price change$400,000-20%$202/sqft
        Source: My State MLS #11522472 Report a problem
        7/28/2025Price change$500,000-9.1%$253/sqft
        Source: My State MLS #11522472 Report a problem
        6/22/2025Listed for sale$550,000$278/sqft
        Source: My State MLS #11522472 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$716 -1.4%$104,610 +4%
        2024$727 -30.4%$100,545 +3.7%
        2023$1,044 +2.7%$96,950
        2022$1,017 +16.3%$96,950 +17.7%
        2021$874 +14.3%$82,375 +26.8%
        2020$765 +1.9%$64,950 -1.6%
        2018$751 +20.6%$66,005 +15.1%
        2017$622 -19.7%$57,335 -18.6%
        2016$775 +2%$70,470 +5.3%
        2015$760 -20.1%$66,920 -3.7%
        2014$951 +23.3%$69,495 +35.3%
        2012$771 $51,350
        2011$771 -3.3%--
        2010$797 +3%--
        2009$774 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 68777

        Getting around

        0 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating