4197 Gilmore Rd, Spencer, IN 47460
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Property image
OFF MARKET

4197 Gilmore Rd
Spencer, IN 47460

  • 4 Beds
  • 2 Baths
  • 2,160 sqft (on 8.22 acres)

$324,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,931/mo*
Refinance Your Home

$324,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,931/mo*
Refinance Your Home
4 Beds
2 Baths
2,160 sqft
(on 8.22 acres)

Home Value

Trulia Estimate
$324K
Since last month
Decreased$9K (-2.8%)
Since last year
Increased$7K (+2.3%)
Since last sale
Increased$189K (+140.3%)
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 +117% in the last 10 years
MonthEstimated value
2026
August 2026$324K
July 2026$330K
June 2026$334K
May 2026$332K
April 2026$326K
March 2026$317K
February 2026$308K
January 2026$303K
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
3865 Bakers School Rd, Spencer, IN
0.39
Single-Family Home
$310,000
06/12/26
3
2
1,687
9850 W Reeves Rd, Spencer, IN
0.81
Single-Family Home
$250,000
02/06/26
3
2
1,560
9800 W Ratliff Rd, Spencer, IN
0.88
Single-Family Home
$310,000
12/18/25
3
2.5
1,468
2919 Schooling Rd, Spencer, IN
0.98
Single-Family Home
$545,000
08/07/26
4
3
2,559
9483 W Fenceline Rd, Spencer, IN
0.91
Single-Family Home
$722,000
07/17/26
5
3.5
4,164
3504 Hardscrabble Rd, Spencer, IN
0.92
Single-Family Home
$192,500
08/06/26
3
1
1,079
2830 Hickory Hills Rd, Spencer, IN
1.37
Single-Family Home
$385,000
05/15/26
3
2.5
2,000
4496 Blue Springs Dr, Spencer, IN
1.60
Single-Family Home
$293,000
05/14/26
3
2.5
2,800
4074 Little Creek Dr S, Spencer, IN
1.62
Single-Family Home
$355,000
10/08/25
3
2
1,782
2675 Hickory Hills Rd, Spencer, IN
1.54
Single-Family Home
$480,000
02/06/26
4
3
3,640

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
4360 Gilmore Rd, Spencer, IN 47460
0.25
$279,900
4
2
1,715
For Sale
3865 Bakers School Rd, Spencer, IN 47460
0.39
$310,000
3
2
1,687
Recently Sold
3994 Hardscrabble Rd, Spencer, IN 47460
0.60
$102,400
3
2
1,128
Off Market
9677 W Reeves Rd, Spencer, IN 47460
0.64
$329,000
4
2
4,032
For Sale
3956 Hardscrabble Rd, Spencer, IN 47460
0.66
$439,000
3
2.5
2,200
Off Market
9850 W Reeves Rd, Spencer, IN 47460
0.81
$250,000
3
2
1,560
Recently Sold
9800 W Ratliff Rd, Spencer, IN 47460
0.88
$310,000
3
2.5
1,468
Recently Sold
9483 W Fenceline Rd, Spencer, IN 47460
0.91
$722,000
5
3.5
4,164
Recently Sold
5277 N Fenceline Rd, Spencer, IN 47460
0.92
$298,400
1
1
918
Off Market
3504 Hardscrabble Rd, Spencer, IN 47460
0.92
$192,500
3
1
1,079
Recently Sold
2919 Schooling Rd, Spencer, IN 47460
0.98
$545,000
4
3
2,559
Recently Sold
Hardscrabble Rd, Spencer, IN 47460
0.99
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 4197 Gilmore Rd.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1970
Lot Size
8.22 acres
Living Area
2,160 sqft
Price/Sqft
$150
Parking
Garage

About this House

This home on 8.22 acres is a perfect site for a small farm or permaculture. Mature trees, some tillable land & fencing. 4 Bedroom/2 full bath home in great shape with 2-car garage & many updates.
4197 Gilmore Rd, Spencer, IN 47460 is a 4 bedroom, 2 bathroom, 2,160 sqft single-family home built in 1970. It last sold for $135,000 on Sep 25, 2013. It is currently off market. The Trulia Estimate is $324,400, with a rent estimate of $1,995/month.

Home Details for 4197 Gilmore Rd

Interior Features

Interior Details
BasementNumber of Rooms: 8Types of Rooms: Family Room
Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 8.22 acres

Price and Tax history

DateEventPrice
Sep 25, 2013
Source: N/A
Sold
$135,000
Aug 13, 2013
Source: Agent Provided
Listed For Sale
$135,000
Sep 7, 2012
Source: Agent Provided
ListingRemoved
$137,900
Aug 3, 2012
Source: Agent Provided
Listed For Sale
$137,900
Jul 24, 2012
Source: N/A
Sold
$143,985

Market trends in Spencer

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
50
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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."
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  • 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
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  • Eldar U.
    "Only 25 minutes from Bloomington and other larger towsn, but enjoy country living with spectacular views of McCormick's Creek Park."
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  • 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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Apartments for Rent

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Homes for sale near 4197 Gilmore Rd

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Off Market Homes Near 4197 Gilmore Rd

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Frequently asked questions about 4197 Gilmore Rd

  • What is 4197 Gilmore Rd estimated to be worth?
    Trulia's estimated value for 4197 Gilmore Rd in Spencer, IN is $324,400.
  • What is the price history for 4197 Gilmore Rd?
    4197 Gilmore Rd in Spencer, IN last sold for $135,000 in September 2013.
  • Is Spencer a buyer's or seller's market?
    Spencer is currently a balanced 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.
  • Does 4197 Gilmore Rd have air conditioning?
    Yes, 4197 Gilmore Rd in Spencer, IN has air conditioning.
  • How big is the lot at 4197 Gilmore Rd?
    The lot at 4197 Gilmore Rd in Spencer, IN is about 8.2 acres.