545 Sr
Evanston, IN 47531
(on 112.33 acres)
Local Information
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Description
This beautiful farm lies just between the towns of New Boston and Troy in eastern Spencer Co. IN and consists of 112.33 acres. This place is a hunter's paradise and a target rich environment when it comes to big bucks and mature toms. With a mix of open pastures rolling into areas of thick cover and young timber along with transition areas from heavily mature timbered ridgelines down to the creek beds, it's full of stand locations near pinch points along travel corridors as deer move from browsing on mast and undergrowth to watering in the creeks and feeding in the crop fields. And not only that, it also provides a multitude of agricultural opportunities as well. The property has been primarily utilized for hay production and to pasture horses and cows for their grazing needs the last 30 years or more, but it was tillable and row cropped prior to that. The barns on the property are an added bonus and are ideal for storing equipment, offering a warm shelter out of the wind on a cold night with stalls for the horses and a hay loft to keep it dry out of the rain. It has been over 20 years since selectively cutting the mature timber and 50.23 acres are still currently enrolled in Indiana Classified Forest Program substantially reducing the tax bill on that portion of the acreage.
545 Sr, Evanston, IN 47531 is a lot/land. It last sold for $672,000 on Feb 25, 2026 (15% below the $795,000 asking price). It is currently off market.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
149 days ago
Home Details for 545 Sr
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MLS Status: Closed |
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Appliances & Utilities Utilities: Electricity Available |
Gas & Electric Has Electric on Property |
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Exterior Home Features Other Structures: Barn(s) |
Frontage Road Frontage: Road Frontage(State), Road Access(State)Road Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: None |
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Property Type / Style Property Type: LandProperty Subtype: Agriculture |
Building Has Additional ParcelsDoes Not Include Home Warranty |
Property Information Usage of Home: Agricultural, RecreationalParcel Number: 740636500003.000013Additional Parcels Description: 740625400029.000013 |
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Price List Price: $795,000 |
Status Change & Dates Off Market Date: Thu Feb 12 2026 |
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Direction & Address City: EvanstonCommunity: None |
School Information Elementary School: Lincoln TrailElementary School District: North Spencer County School Corp.Jr High / Middle School: Heritage HillsJr High / Middle School District: North Spencer County School Corp.High School: Heritage HillsHigh School District: North Spencer County School Corp. |
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Lot Area: 112.33 Acres |
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Mls Number: 202603916Attribution Contact: Office: 812-858-2400 |
Last check for updates: about 21 hours ago
Listed by James Melchiors, (812) 858-2400
ERA FIRST ADVANTAGE REALTY, INC
Bought with: James Melchiors, (812) 327-7345, ERA FIRST ADVANTAGE REALTY, INC
Source: IRMLS, MLS#202603916

Price History for 545 Sr
| Date | Price | Event | Source |
|---|---|---|---|
| 02/25/2026 | $672,000 | Sold | IRMLS #202603916 |
| 02/12/2026 | $795,000 | Pending | IRMLS #202603916 |
| 02/08/2026 | $795,000 | Listed For Sale | IRMLS #202603916 |
Market trends in Evanston
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Comparable Sales for 545 Sr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
2.64 | Lot/Land | $700,000 | 03/03/26 | - | - | ||
2.96 | Lot/Land | $170,000 | 12/23/25 | - | - | ||
4.39 | Lot/Land | $350,000 | 05/14/26 | - | - | ||
3.54 | Lot/Land | $46,250 | 10/10/25 | - | - | ||
3.61 | Lot/Land | $50,000 | 05/14/26 | - | - | ||
5.46 | Lot/Land | $30,000 | 10/10/25 | - | - | ||
5.79 | Lot/Land | $63,000 | 08/27/25 | - | - | ||
6.97 | Lot/Land | $9,000 | 05/11/26 | - | - |
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