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736 Freeman

Spencer, IN 47460

4 beds
3 baths
8 sqft
~5 acre lot
$49,875 per sqft
– on site

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"!

Listing courtesy of IRMLS

Last checked: Checking… • Last updated Jul 11, 2025 •

MLS# 202524899 —

The Building

Year Built:

1942
New Construction:

No
Architecural Style:

Traditional
Style:

Two Story
Roof Material:

Shingle
Exterior:

Vinyl
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
Energy Efficient Win/Doors:

Double Pane Windows
Basement:

Yes
Basement/Foundation:

Partial Basement
Total SqFt:

2814
Total Finished SqFt:

2214
Main Level SqFt:

1134
Above Grade Finished SqFt:

2214
Upper Level SqFt:

1134
Total Below Grade SqFt:

600
Below Grade Unfinished SqFt:

600

Interior

Kitchen Level:

Main
Dining Room Level:

Main
Living/Great Room Level:

Main
Laundry Level:

Main
Loft Level:

Upper
Flooring:

Hardwood Floors, Laminate, Vinyl
Fireplace:

None
Fireplace:

No

Room Dimensions

Kitchen Length:

10
Kitchen Width:

11
Dining Rm Length:

17
Dining Room Width:

11
Living/Great Room Width:

12
Living/Great Room Length:

15
Loft Length:

12
Loft Width:

9
1st Bedroom Length:

10
1st Bedroom Width:

12
2nd Bedroom Length:

10
2nd Bedroom Width:

15
3rd Bedroom Width:

11
3rd Bedroom Length:

20
4th Bedroom Length:

11
4th Bedroom Width:

12
Laundry Room Length:

20
Laundry Room Width:

8

Location

Directions to Property:

South on Main Street in Spencer, Cross the Veterans Memorial Bridge go up the hill and left at the Y. Home is .5 miles down on the right.
Inside City Limits:

No
Cross Street:

Pottersville Rd
Latitude:

39.270349
Longitude:

-86.755164

The Property

Parcel# ID:

60-10-28-300-560.002-027
Property Subtype:

Site-Built Home
Location:

Rural
Lot Dimensions:

Irregular
Lot Description:

Partially Wooded, Rolling, 3-5.9999
Approx Lot Size SqFt:

225641
Approx Lot Size Acres:

5.18
Zoning Description:

Rural Homesites
County Zoning:

R1
Fence:

Partial, Farm
Driveway:

Gravel
Waterfront:

No
Road Access:

County
Road Surface:

Asphalt

Listing Agent

Contact info:

Taxes

Annual Taxes:

1214.94

Beds

Total # Bedrooms:

4
1st Bedroom Level:

Main
2nd Bedroom Level:

Upper
3rd Bedroom Level:

Upper
4th Bdrm Level:

Upper

Baths

Total Baths:

3
Total Full Baths:

3
# of Full Baths Main:

1
# of Full Baths Upper:

2

The Listing

Unbranded Virtual Tour:

https://www.propertypanorama.com/instaview/irmls/202524899

Heating & Cooling

HVAC:

HVAC (13 Seer)
Heating Fuel:

Gas
Cooling:

Central Air

Utilities

Water Utility:

Public
Sewer:

Septic
Energy Efficient:

Appliances, Insulation, Water Heater, Windows

Schools

Elementary:

Spencer
Middle School:

Owen Valley
High School:

Owen Valley
School District:

Spencer-Owen Community Schools

The Community

Subdivision:

None
Pool:

No
Association Dues Frequency:

Not Applicable

Parking

Garage:

Yes
Garage Type:

Attached
Garage Length:

28
Garage SqFt:

560
Garage Width:

20
Garage/# of Cars:

2
Off Street Parking:

Yes

Monthly cost estimate

Asking price

$399,000

Expense	Monthly cost
Mortgage	$2,136
Taxes	$18,803
Insurance	$109
Utilities	N/A
Total	$21,048/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/11/25 Jul 11, 2025	Price Changed	IRMLS	$399,000	-5.0%
6/27/25 Jun 27, 2025	Listed / Active	IRMLS	$419,900	21.4%
2/7/25 Feb 7, 2025		IRMLS	$346,000	97.7% (15.3% / YR)

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This house located in IN 47460 is currently for sale for $399,000. 736 Freeman is a 8 square foot house with 4 beds and 3 baths that has been on Estately for 19 days. This house is in the attendance area of Owen Valley Community High School.

Listing Courtesy of: IRMLS and .

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