Is parking easy in Spencer, IN?

As of early 2026, 95% of users say parking is easy

Is a car needed in Spencer, IN?

As of early 2026, 92% of users say car is needed

Does Spencer, IN show holiday spirit?

As of early 2026, 92% of users say there's holiday spirit

Are yards well-kept in Spencer, IN?

As of early 2026, 85% of users say yards are well-kept

Is Spencer, IN quiet?

As of early 2026, 72% of users say it's quiet

Is Spencer, IN walkable to grocery stores?

As of early 2026, 64% of users say it's walkable to grocery stores

Is Spencer, IN walkable to restaurants?

As of early 2026, 61% of users say it's walkable to restaurants

Do kids play outside in Spencer, IN?

As of early 2026, 61% of users say kids play outside

Would people walk alone at night in Spencer, IN?

As of early 2026, 59% of users say people would walk alone at night

Does Spencer, IN have sidewalks?

As of early 2026, 59% of users say there are sidewalks

Is there wildlife in Spencer, IN?

As of early 2026, 58% of users say there's wildlife

Are neighbors friendly in Spencer, IN?

As of early 2026, 56% of users say neighbors are friendly

Do residents of Spencer, IN plan to stay at least 5 years?

As of early 2026, 55% of users say they plan to stay for at least 5 years

Is Spencer, IN dog-friendly?

As of early 2026, 54% of users say it's dog friendly

Are the streets well-lit in Spencer, IN?

As of early 2026, 45% of users say streets are well-lit

Are there community events in Spencer, IN?

As of early 2026, 37% of users say there are community events

What is 5331 Adel Rd estimated to be worth?

Trulia's estimated value for 5331 Adel Rd in Spencer, IN is $63,700 .

What is the price history for 5331 Adel Rd?

5331 Adel Rd in Spencer, IN last sold for $14,000 in August 2012.

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 .

OFF MARKET

$63,700

Trulia Estimate

1 Bath
840 sqft (on 2.49 acres)

5331 Adel Rd, Spencer, IN 47460

Est. Refi. Payment $439/mo*

Refinance Your Home

Currently Off Market - Sold Aug 13, 2012 for $14,000

Home Value

Trulia Estimate

$63.7K

Since last month

$7K (-10%)

Since last year

$1K (+1.6%)

Since last sale

$50K (+355%)

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 +15% in the last 10 years

Month	Estimated value
2026
August 2026	$64K
August 2026	$64K
July 2026	$71K
June 2026	$70K
May 2026	$67K
April 2026	$71K
March 2026	$68K
February 2026	$66K
January 2026	$64K
2025
November 2025	$64K
October 2025	$63K
August 2025	$63K
July 2025	$66K
2024
March 2024	$51K
February 2024	$53K
January 2024	$50K
2023
September 2023	$51K
August 2023	$52K
July 2023	$55K

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	Bath	Sqft
Braysville Rd, Spencer, IN	0.38	Lot/Land	$72,600	03/17/26	-	-
3489 River Camp Rd, Spencer, IN	1.76	Lot/Land	$97,500	12/23/25	-	-
222 Pea Ridge Rd, Spencer, IN	3.54	Lot/Land	$123,500	09/12/25	-	-
3389 State Highway 43 Hwy, Spencer, IN	4.16	Lot/Land	$289,900	10/07/25	-	-
21/- Acres Off #OF-675, Solsberry, IN	4.40	Lot/Land	$98,888	05/08/26	-	-
3100 Straight Line Rd, Freedom, IN	5.20	Lot/Land	$12,000	09/17/25	-	-
3689 White Rd, Spencer, IN	5.26	Lot/Land	$30,000	11/19/25	-	-
White Rd, Spencer, IN	5.21	Lot/Land	$42,000	04/20/26	-	-
Denali Dr, Spencer, IN	5.27	Lot/Land	$35,000	09/24/25	-	-
500 Red Maple Rd, Spencer, IN	5.20	Lot/Land	$54,000	07/16/26	-	-

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
Braysville Rd, Spencer, IN 47460	0.38	$72,600	-	-	-	Recently Sold
4850 Pottersville Rd, Spencer, IN 47460	0.55	$413,900	4	2	2,400	Off Market
7071 Braysville Rd, Spencer, IN 47460	0.53	$260,000	Studio	1	801	Recently Sold
5929 Adel Rd, Spencer, IN 47460	0.63	$119,500	-	-	-	Off Market
7466 Braysville Rd, Spencer, IN 47460	0.96	$299,900	4	2	1,680	Recently Sold
5&6 0th Tract, Freedom, IN 47431	1.01	$175,800	2	1	938	Off Market
5599 S Ranard Rd, Spencer, IN 47460	1.09	$193,100	3	1	1,536	Off Market

Local Information

Map ViewExplore the area around 5331 Adel Rd.
Schools1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Lot/Land

Year Built

1970

Lot Size

2.49 acres

Living Area

840 sqft

Price/Sqft

$76

About this House

Slightly rolling wooded tract with 2.49 acres. There is a cistern for water and a septic system on property. Electic available. Great views.

5331 Adel Rd, Spencer, IN 47460 is a 1 bathroom, 840 sqft lot/land built in 1970. It last sold for $14,000 on Aug 13, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $63,700, with a rent estimate of $895/month.

Home Details for 5331 Adel Rd

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

Exterior Features
Exterior Home Features Roof: AsphaltFoundation Type: Crawl Raised

Property Information
Year Built Year Built: 1970
Property Type / Style Property Type: Lot Land

Lot Information
Lot Area: 2.49 acres

Price and Tax history

Date	Event	Price
Aug 13, 2012 Source: MIBOR as distributed by MLS GRID #21149024	Sold	$14,000
May 10, 2012 Source: Agent Provided	PriceChange	$14,900 Price decreased by 17%
Apr 16, 2012 Source: Agent Provided	PriceChange	$17,900 Price decreased by 10%
Nov 13, 2011 Source: Agent Provided	Listed For Sale	$19,900

Year	Property tax	Tax assessment
2025	$855	$65,100

Additional Cost

Market trends in Spencer

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

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Available listings

Around this home

McCormick's Creek Elementary School
K-6
Public
390 Students
Spencer-Owen Community Schools
6/10
GreatSchools Rating
Parent Rating Average
Got bullied and almost got jumped many of times, I searched for help from the principal and counselor and teachers, they did nothing. Had to move schools cause this school wasn’t doing any good for my mental health, the family activities were great and teaching was alright but the education was off. The education there they went too fast and couldn’t understand and asked for help many many times never helped me.
Other Review
8mo ago
5 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
Resident
6y ago
"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.
Resident
6y ago
"We love the Pride festivities! The best parade in the area! Really a sight to see. Beautiful country side, as well. "
1
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Jenniferdyson69
Resident
8y ago
"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
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Dawn O.
11y ago
"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.
12y ago
"Only 25 minutes from Bloomington and other larger towsn, but enjoy country living with spectacular views of McCormick's Creek Park."
0
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Milton M.
15y ago
"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."
0
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LGBTQ Local Legal Protections

Frequently asked questions about 5331 Adel Rd

What is 5331 Adel Rd estimated to be worth?
Trulia's estimated value for 5331 Adel Rd in Spencer, IN is $63,700.
What is the price history for 5331 Adel Rd?
5331 Adel Rd in Spencer, IN last sold for $14,000 in August 2012.
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.

Apartments for Rent

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Off Market Homes Near 5331 Adel Rd

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SOLD
MAR 17, 2026
$72,600
Braysville Rd,
Spencer, IN 47460
Whitetail Properties, Sold
SOLD
FEB 2, 2026
$41,000
5 bd
3.5 ba
4,327 sqft
5155 Little Flock Rd,
Spencer, IN 47460
SOLD
JAN 9, 2026
$50,100
3 bd
1 ba
1,440 sqft
7289 Abrell Rd,
Freedom, IN 47431
Linda Dzierba, Dzierba Real Estate Services, IRMLS
SOLD
NOV 14, 2025
$55,000
2 bd
1 ba
1,100 sqft
Address Not Disclosed,
Spencer, IN 47460
F.C. Tucker Advantage, REALTOR, Sold
SOLD
NOV 4, 2025
$55,000
1 bd
1 ba
540 sqft
5687 Miller Rd,
Freedom, IN 47431
Jeremy English, English Realty Group, IRMLS
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