Pending

$129,900

1526 Freeman Rd, Spencer, IN 47460

2beds

1,144sqft

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Residential, Single Family Residence

Built in 1960

1 Acres Lot

$-- Zestimate^®

$114/sqft

$-- HOA

What's special

Kitchen and dining combination

Opportunity awaits with this 2-bedroom, 1-bath home on a peaceful 1-acre lot with mature trees. Offering 1,144 square feet of living space, this property is ready for someone to bring their vision and make it their own. The home features a spacious 15' x 20' living room, a kitchen and dining combination, hardwood flooring in both bedrooms, and a partially unfinished walk-out basement with laundry, storage, and access to the attached carport and garage. Home has a new roof (2021), HVAC system (2022), and water heater (2022). Kitchen appliances, washer, dryer, basement storage rack, garage storage rack, workbench, and swing set are all included. Whether you're looking for your next renovation project, an investment opportunity, or a home to update over time, this property offers plenty of potential on a 1-acre setting. Home is being sold As-Is.

17 days

1,024

92

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 143 Square Feet
Dimensions: 11x13

Bedroom 2

Level: Main
Area: 110 Square Feet
Dimensions: 10x11

Dining room

Level: Main
Area: 126 Square Feet
Dimensions: 9x14

Kitchen

Level: Main
Area: 153 Square Feet
Dimensions: 9x17

Living room

Level: Main
Area: 300 Square Feet
Dimensions: 15x20

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer, Water Heater
Laundry: In Basement

Features

Hardwood Floors, High Speed Internet, Eat-in Kitchen
Flooring: Hardwood
Basement: Partial,Unfinished,Walk-Out Access

Interior area

Total structure area: 1,144
Total interior livable area: 1,144 sqft
Finished area below ground: 0

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Property

Parking

Total spaces: 2
Parking features: Attached, Carport
Garage spaces: 2
Has carport: Yes

Features

Levels: One
Stories: 1
Exterior features: Playground

Lot

Size: 1 Acres

Details

Additional structures: Storage
Parcel number: 601033100140000027
Special conditions: As Is
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential, Single Family Residence

Materials

Aluminum Siding
Foundation: Block

Condition

Fixer
New construction: No
Year built: 1960

Utilities & green energy

Water: Private

Community & HOA

Community

Subdivision: No Subdivision

HOA

Has HOA: No

Location

Region: Spencer

Financial & listing details

Price per square foot: $114/sqft
Tax assessed value: $135,000
Annual tax amount: $644
Date on market: 6/29/2026
Cumulative days on market: 16 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/6/2026	Pending sale	$129,900$114/sqft
Source: MIBOR as distributed by MLS GRID #22111018 Report a problem
6/29/2026	Listed for sale	$129,900
Source: IRMLS #202625760 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$720 +8.2%	$135,000 +5.1%
2024	$665 +7.8%	$128,500 +7%
2023	$617 +10.1%	$120,100 +11.9%
2022	$560	$107,300 +11.4%
2021	--	$96,300 +16%
2020	$322 +11.1%	$83,000 +9.9%
2019	$290 +9.2%	$75,500 +10.5%
2018	$266 +2.3%	$68,300 +6.1%
2017	$260	$64,400
2016	$260 -2.3%	$64,400 +1.7%
2014	$266 +1.9%	$63,300 +5.9%
2013	$261 -5.9%	$59,800 -1.3%
2012	$277 -1.3%	$60,600 -7.8%
2011	$281 -11.4%	$65,700 -3%
2010	$317 +2.7%	$67,700 -5.2%
2009	$309 -79.6%	$71,400 -7.5%
2007	$1,510 +264.6%	$77,200 +1.7%
2006	$414	$75,900

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Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 47460

Getting around

8 / 100

Car-Dependent

8 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

8/10
McCormick's Creek Elementary School
Grades: K-6Distance: 1.9 mi
7/10
Owen Valley Middle School
Grades: 7-8Distance: 2.9 mi
4/10
Owen Valley Community High School
Grades: 9-12Distance: 2.8 mi

Schools provided by the listing agent

Elementary: Spencer Elementary School
Middle: Owen Valley Middle School
High: Owen Valley Community High School

Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.