517 Freeman Rd, Spencer, IN 47460
Property image
Property image
OFF MARKET

$126,300

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 780 sqft (on 2.99 acres)

517 Freeman Rd, Spencer, IN 47460

Est. Refi. Payment $846/mo*
Refinance Your Home

Home Value

Trulia Estimate
$126K
Since last month
Decreased$1K (-0.9%)
Since last year
Increased$8K (+6.6%)
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 +372% in the last 10 years
MonthEstimated value
2026
September 2026$126K
August 2026$128K
July 2026$129K
June 2026$130K
May 2026$132K
April 2026$127K
March 2026$125K
February 2026$119K
January 2026$127K
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
0.24
Single-Family Home
$105,000
02/27/26
3
1
928
269 S Harrison St, Spencer, IN
0.77
Single-Family Home
$185,000
08/07/26
2
1
965
412 E Market St, Spencer, IN
0.86
Single-Family Home
$148,500
12/01/25
2
1
864
438 S Harrison St, Spencer, IN
0.66
Single-Family Home
$169,000
12/26/25
3
1
1,236
15 N Central Ave, Spencer, IN
0.97
Single-Family Home
$185,000
12/22/25
2
1
952
1526 Freeman Rd, Spencer, IN
1.17
Single-Family Home
$115,000
07/31/26
2
1
1,144
1536 River Rd, Spencer, IN
1.05
Single-Family Home
$160,000
12/05/25
1
1
924
469 S Main St, Spencer, IN
0.67
Single-Family Home
$210,000
10/27/25
3
3
1,209
680 E North St, Spencer, IN
1.08
Single-Family Home
$260,000
04/02/26
3
1
1,300
277 N East St, Spencer, IN
1.12
Single-Family Home
$190,000
01/23/26
2
1
1,160

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
668 Orchard Heights Dr, Spencer, IN 47460
0.17
$233,100
2
1.5
1,120
Off Market
654 Orchard Heights Dr, Spencer, IN 47460
0.20
$331,600
4
3
1,976
Off Market
736 Freeman Rd, Spencer, IN 47460
0.22
$391,500
4
3
2,214
Off Market
1165 Freeman Rd, Spencer, IN 47460
0.24
$105,000
3
1
928
Recently Sold
1018 Pottersville Rd, Spencer, IN 47460
0.26
$278,300
3
2
2,418
Off Market
928 E Hilltop Dr, Spencer, IN 47460
0.26
$185,300
4
2
936
Off Market
734 River Rd, Spencer, IN 47460
0.33
$160,800
Studio
1
180
Off Market
River Rd, Spencer, IN 47460
0.35
-
-
-
-
Off Market
1646 Pottersville Rd, Spencer, IN 47460
0.61
$737,400
3
2
3,175
Off Market
1010 River Rd, Spencer, IN 47460
0.64
$539,700
4
3.5
4,455
Off Market
455 S East St, Spencer, IN 47460
0.62
$156,900
3
1
1,226
Off Market
438 S Harrison St, Spencer, IN 47460
0.66
$169,000
3
1
1,236
Recently Sold

Local Information

  • Map ViewExplore the area around 517 Freeman Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1976
2.99 acre lot
780 sqft
$162/sqft
Garage

About this House

This well maintained, 1976 mobile home on 2.99 acres is located approx. 1 mile from downtown Spencer. Features include a 2 car detached garage, storage shed, an attached 3 season room, large covered back deck, newer appliances and city water. It has been used as a residence and never a rental. This is an Estate Sale, there are no Seller Disclosures and the property is being sold in "as-is" condition. However, the family has kept the property in good condition and are not aware of anything that needs to be done. *** This property can not be sold on contract and the sellers are not interested in renting it.
517 Freeman Rd, Spencer, IN 47460 is a 2 bedroom, 1 bathroom, 780 sqft single-family home built in 1976. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $126,300, with a rent estimate of $1,175/month.

Home Details for 517 Freeman Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5

Exterior Features

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

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 2.99 acres

Price and Tax history

DateEventPrice
Nov 8, 2014
Source: Agent Provided
ListingRemoved
$31,900
Sep 3, 2014
Source: Agent Provided
Listed For Sale
$31,900

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
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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
    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 517 Freeman Rd

  • What is 517 Freeman Rd estimated to be worth?
    Trulia's estimated value for 517 Freeman Rd in Spencer, IN is $126,300.
  • 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 517 Freeman Rd?
    The closest schools to 517 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 517 Freeman Rd?
    The lot at 517 Freeman Rd in Spencer, IN is about 3 acres.
  • Does 517 Freeman Rd have a garage?
    Yes, 517 Freeman Rd in Spencer, IN has a garage.

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