45-acres of peaceful country living at this beautiful 4-bedroom, 3-bath property! The inviting two-story home features an open concept living and dining area, highlighted by a cozy gas fireplace, creating the perfect space for relaxing and entertaining. On the main level you will find a spacious primary bedroom, a second bedroom, full bath, and laundry room. Upstairs, you'll find two more large bedrooms, another full bath, and a versatile office or flex room. The walk-out basement provides a large entertainment area. Outside, the property truly shines, with two fenced pastures, a riding/corral area, a small pond, and two barns - one with 3 bays and another with 4 horse stalls. High speed internet is available! This property offers the perfect balance of country charm, functional acreage, and comfortable living. Let's Connect to schedule a tour!
For sale
$525,000
3934 Shepard Rd, Freedom, IN 47431
4beds
3,490sqft
Est.:
Single Family Residence
Built in 1998
45 Acres Lot
$506,500 Zestimate®
$150/sqft
$-- HOA
What's special
Small pondCozy gas fireplaceTwo fenced pasturesSpacious primary bedroom
- 23 days |
- 1,772 |
- 185 |
Zillow last checked:
Listing updated:
Listed by:
TRAVIS BEHEM,
THE REAL ESTATE CONNECTION
Source: THAAR,MLS#: 109055
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Description: Carpet, Walk-In Closet
- Level: First
- Area: 208
- Dimensions: 13 x 16
Bedroom 2
- Description: Lvp
- Level: First
- Area: 99
- Dimensions: 9 x 11
Bedroom 3
- Description: Double Closet, Lvp
- Level: Second
- Dimensions: 21 x 0
Bedroom 4
- Description: Lvp
- Level: Second
- Area: 176
- Dimensions: 11 x 16
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: Second
Dining room
- Description: Hardwood
- Level: First
- Area: 110
- Dimensions: 10 x 11
Family room
- Description: Tile Floor. Has Chimney For Wood Burner.
- Level: Basement
- Area: 416
- Dimensions: 16 x 26
Kitchen
- Description: Hardwood
- Level: First
- Area: 121
- Dimensions: 11 x 11
Living room
- Description: Hardwood, Propane Fireplace
- Level: First
- Area: 546
- Dimensions: 21 x 26
Basement
- Description: # of Basement Bathrooms: 0
Office
- Level: Second
- Area: 49
- Dimensions: 7 x 7
Heating
- Propane
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Elec. Range/Oven, Microwave
- Laundry: First Level, Laundry Comments(Wash Tub. Spacious), Laundry Size(5x11)
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Hardwood, Carpet
- Windows: Double Pane Windows, Vinyl Clad
- Basement: Full,Walk-Out Access,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 3,490
- Total interior livable area: 3,490 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Horses Allowed, Gutters/Storm Drain
- Pool features: Above Ground
- Waterfront features: Pond
Lot
- Size: 45 Acres
Details
- Additional structures: Shed(s), Barn(s), Corral/Stable, Outbuilding
- Parcel number: 601512203220.000020
- Zoning: Ag/Gen Far
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1998
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: None
Location
- Region: Freedom
Financial & listing details
- Price per square foot: $150/sqft
- Tax assessed value: $382,600
- Annual tax amount: $3,071
- Date on market: 4/12/2026
- Inclusions: Stove, Refrigerator, Dishwasher, Over The Range Microwave.
- Road surface type: Unimproved
Estimated market value
$506,500
$481,000 - $532,000
$2,902/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/12/2026 | Listed for sale | $525,000+66.7%$150/sqft |
Source:  THAAR #109055 Report a problem | ||
| 12/28/2017 | Sold | $315,000 |
Source:  IRMLS #201749243 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,071 +15.3% | $382,600 +7.3% |
| 2023 | $2,664 -3.5% | $356,700 +27.5% |
| 2022 | $2,761 +2.5% | $279,700 +6.7% |
| 2021 | $2,693 +4.9% | $262,100 +0.9% |
| 2020 | $2,567 +4.8% | $259,700 +10.5% |
| 2019 | $2,450 -4.9% | $235,000 +5.1% |
| 2018 | $2,576 +2.3% | $223,500 -3.1% |
| 2017 | $2,517 | $230,700 +3.9% |
| 2016 | $2,517 -1.4% | $222,000 -1.6% |
| 2014 | $2,552 -0.8% | $225,600 +3.9% |
| 2013 | $2,572 +7% | $217,200 +10.8% |
| 2012 | $2,403 -4.3% | $196,100 -7% |
| 2011 | $2,510 +8.5% | $210,800 +5.1% |
| 2010 | $2,314 +6.1% | $200,500 -1.4% |
| 2009 | $2,182 +7.4% | $203,300 +6.1% |
| 2007 | $2,032 -7% | $191,600 +2.9% |
| 2006 | $2,184 | $186,200 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,915/mo
Principal & interest
$2622
Property taxes
$293
More affordability tools
Climate risks
Neighborhood: 47431
Nearby schools
GreatSchools rating
- 3/10Spencer Elementary SchoolGrades: PK-6Distance: 9.1 mi
- 7/10Owen Valley Middle SchoolGrades: 7-8Distance: 8.2 mi
- 4/10Owen Valley Community High SchoolGrades: 9-12Distance: 8.3 mi
Schools provided by the listing agent
- Middle: Owen Valley Middle
- High: Owen Valley High School
Source: THAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Owen County
- Poland
- 47431
- 3934 Shepard Rd
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