328 Freeman Rd, Spencer, IN 47460
OFF MARKET

$139,000

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,272 sqft (on 1.50 acres)

328 Freeman Rd, Spencer, IN 47460

Est. Refi. Payment $881/mo*
Refinance Your Home

Home Value

Trulia Estimate
$139K
Since last month
Increased$5K (+3.7%)
Since last year
Increased$28K (+23%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +371% in the last 10 years
MonthEstimated value
2026
September 2026$150K
August 2026$139K
July 2026$144K
June 2026$139K
May 2026$137K
April 2026$101K
March 2026$108K
February 2026$108K
January 2026$109K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1165 Freeman Rd, Spencer, IN
0.03
Single-Family Home
$105,000
02/27/26
3
1
928
438 S Harrison St, Spencer, IN
0.47
Single-Family Home
$169,000
12/26/25
3
1
1,236
269 S Harrison St, Spencer, IN
0.57
Single-Family Home
$185,000
08/07/26
2
1
965
412 E Market St, Spencer, IN
0.70
Single-Family Home
$148,500
12/01/25
2
1
864
469 S Main St, Spencer, IN
0.44
Single-Family Home
$210,000
10/27/25
3
3
1,209
680 E North St, Spencer, IN
0.95
Single-Family Home
$260,000
04/02/26
3
1
1,300
15 N Central Ave, Spencer, IN
0.83
Single-Family Home
$185,000
12/22/25
2
1
952
310 W Market St, Spencer, IN
0.73
Single-Family Home
$171,000
07/09/26
2
1
2,588
277 N East St, Spencer, IN
0.94
Single-Family Home
$190,000
01/23/26
2
1
1,160
736 Freeman Rd, Spencer, IN
0.47
Single-Family Home
$383,800
09/26/25
4
3
2,214

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1165 Freeman Rd, Spencer, IN 47460
0.03
$105,000
3
1
928
Recently Sold
1018 Pottersville Rd, Spencer, IN 47460
0.05
$275,900
3
2
2,418
Off Market
River Rd, Spencer, IN 47460
0.12
-
-
-
-
Off Market
928 E Hilltop Dr, Spencer, IN 47460
0.19
$180,000
4
2
936
Off Market
734 River Rd, Spencer, IN 47460
0.37
$154,500
Studio
1
180
Off Market
654 Orchard Heights Dr, Spencer, IN 47460
0.41
$330,100
4
3
1,976
Off Market
668 Orchard Heights Dr, Spencer, IN 47460
0.41
$230,700
2
1.5
1,120
Off Market
736 Freeman Rd, Spencer, IN 47460
0.47
$394,700
4
3
2,214
Off Market
455 S East St, Spencer, IN 47460
0.45
$157,800
3
1
1,226
Off Market
427 S Washington St, Spencer, IN 47460
0.46
$167,900
2
1
1,040
For Sale
438 S Harrison St, Spencer, IN 47460
0.47
$169,000
3
1
1,236
Recently Sold
438 S Montgomery St, Spencer, IN 47460
0.47
$171,700
4
2
1,352
Off Market

Local Information

  • Map ViewExplore the area around 328 Freeman Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1930
1.5 acre lot
1,272 sqft
$109/sqft
Garage

About this House

This single-family home is located at 328 Freeman Rd, Spencer, IN. 328 Freeman Rd is in Spencer, IN and in ZIP code 47460. This property has 2 bedrooms, 1 bathroom and approximately 1,272 sqft of floor space. This property has a lot size of 1.50 acres and was built in 1930.
328 Freeman Rd, Spencer, IN 47460 is a 2 bedroom, 1 bathroom, 1,272 sqft single-family home built in 1930. More recently, it was listed as a rental in September 2025 with an asking price of $1,650 per month. That rental listing was removed on January 21, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $139,000, with a rent estimate of $1,194/month.

Home Details for 328 Freeman Rd

Interior Features

Interior Details
BasementNumber of Rooms: 4

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Carport, Garage

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1.50 acres

Price and Tax history

DateEventPrice
Jan 21, 2026
Source: IRMLS #202537618
ListingRemoved
$1,650
Sep 17, 2025
Source: IRMLS #202537618
Listed For Rent
$1,650
Jun 24, 2015
Source: Agent Provided
ListingRemoved
$39,900
Apr 12, 2015
Source: Agent Provided
Listed For Sale
$39,900

Market trends in Spencer

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
54
4MoM

Around this home

What Locals Say about Spencer

At least 19 Trulia users voted on each feature.

  • 95 % Say parking is easy

  • 92 % Say car is needed

  • 92 % Say there's holiday spirit

  • 85 % Say yards are well-kept

  • 72 % Say it's quiet

  • 64 % Say it's walkable to grocery stores

  • 61 % Say it's walkable to restaurants

  • 61 % Say kids play outside

  • 59 % Say people would walk alone at night

  • 59 % Say there are sidewalks

  • 58 % Say there's wildlife

  • 56 % Say neighbors are friendly

  • 55 % Say they plan to stay for at least 5 years

  • 54 % Say it's dog friendly

  • 45 % Say streets are well-lit

  • 37 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jenny R.
    "I have lived here for 16 years. It’s a quiet, safe area to call home. More in the country and that is why there is it much trick-or-treating in my area."
    0
    Flag
  • Emily G.
    "We love the Pride festivities! The best parade in the area! Really a sight to see. Beautiful country side, as well. "
    1
    Flag
  • Jenniferdyson69
    "I haven't lived here long looking to find a place for my family near by. so far spencer is a nice place and I would love my blended family to start a life here. "
    2
    Flag
  • Dawn O.
    "I find this area to be peaceful where I can be left alone as I wish yet the community is friendly. I always see a familar face when I go somewhere. Its a small quaint town, exactly what I wanted to raise my children in. My 13 yo son is thriving in the Middle School and the Elementary has amazing programs for my 3 yo son with special needs. Although I live in the country, surrounded by trees, nature, birds,deer and racoon, I can be in town and the stores, restaurants within a 5 minute drive. My son has even ridden his bike."
    0
    Flag
  • Eldar U.
    "Only 25 minutes from Bloomington and other larger towsn, but enjoy country living with spectacular views of McCormick's Creek Park."
    0
    Flag
  • Milton M.
    "We are retired and have been here eight years. Summers are wonderful,fall is beautiful,winters are mild. The terrain is very hilly with good roads. This part of owen county is just like brown county which is fameous for it's beauty."
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LGBTQ Local Legal Protections

Frequently asked questions about 328 Freeman Rd

  • What is 328 Freeman Rd estimated to be worth?
    Trulia's estimated value for 328 Freeman Rd in Spencer, IN is $139,000.
  • Is Spencer a buyer's or seller's market?
    Spencer is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Spencer?
    Residents describe Spencer, IN as easy to park in, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Spencer, IN.
  • What are the closest schools to 328 Freeman Rd?
    The closest schools to 328 Freeman Rd in Spencer, IN are McCormick's Creek Elementary School (rated 6/10), Owen Valley Community High School (rated 8/10), Owen Valley Middle School (rated 6/10).
  • How big is the lot at 328 Freeman Rd?
    The lot at 328 Freeman Rd in Spencer, IN is about 1.5 acres.
  • Does 328 Freeman Rd have a garage?
    Yes, 328 Freeman Rd in Spencer, IN has a garage.

Apartments for Rent

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