561 Hancock School
Spencer, IN 47460
- 3 beds
- 3 baths
- 7 sqft
- ~10 acre lot
- $78,557 per sqft
- – on site
Welcome to this charming 10-acre hobby farm, perfect for those seeking a peaceful country retreat with plenty of space for both family and animals. Nestled in a serene, rural setting, this property features a spacious 3/4 bedroom, 3-bathroom home with an in-law suite, offering flexible living options for your family and guests. Step inside to discover a thoughtfully designed home, including two fully equipped kitchens, two dining areas, and two cozy living rooms—ideal for entertaining or enjoying quiet time. The bright, open Great Room boasts impressive cathedral ceilings, creating an airy and welcoming atmosphere for gatherings or relaxation. The main home features a versatile layout with ample room for everyone. The in-law suite offers privacy and independence, making it an excellent addition for guests. With a total of 3 to 4 bedrooms and 3 full bathrooms, there's plenty of room for growth or customization to suit your lifestyle. This property is a former horse farm, and the equestrian enthusiast will appreciate the well-maintained barn with stalls, perfect for housing horses or other animals. The two fenced pastures provide ample space for grazing, and the entire property is designed for outdoor enjoyment. A network of trails winds through the wooded areas, offering peaceful walks or opportunities for outdoor recreation, while a creek adds a picturesque touch to the natural surroundings. Whether you're looking for a hobby farm, a home with room to grow, or simply a peaceful retreat in nature, this 10-acre property offers it all. With its mix of open fields, woods, and a beautiful home, it's the perfect place to create lasting memories. Don't miss your chance to own this unique and versatile property!
Last checked:
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Last updated Mar 10, 2025
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MLS# 202507282 —
The Building
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Year Built:1983
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New Construction:No
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Architecural Style:Traditional
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Style:Two and Half Story
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Roof Material:Shingle
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Exterior:Cedar, Shingle, Wood
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Amenities:1st Bdrm En Suite, Attic Pull Down Stairs, Attic Storage, Breakfast Bar, Ceiling-Cathedral, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Deck Open, Detector-Smoke, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Guest Quarters, Kitchen Island, Landscaped, Natural Woodwork, Patio Open, Pocket Doors, Range/Oven Hook Up Gas, Six Panel Doors, Twin Sink Vanity, RV Parking, Stand Up Shower, Formal Dining Room, Garage-Heated, Great Room, Washer Hook-Up
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Energy Efficient Win/Doors:Double Pane Windows
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Basement:Yes
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Basement/Foundation:Walk-Out Basement, Finished, Outside Entrance
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Total SqFt:2746
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Total Finished SqFt:2746
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Above Grade Finished SqFt:2746
Interior
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Kitchen Level:Main
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Dining Room Level:Main
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Living/Great Room Level:Main
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Laundry Level:Lower
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Loft Level:Upper
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Flooring:Hardwood Floors, Laminate, Tile
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# of Fireplaces:2
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Fireplace:Family Rm, Living/Great Rm, Wood Burning, Basement, Wood Burning Stove
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Fireplace:Yes
Room Dimensions
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Kitchen Length:16
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Kitchen Width:13
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Dining Rm Length:12
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Dining Room Width:12
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Living/Great Room Width:16
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Living/Great Room Length:25
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Loft Length:16
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Loft Width:12
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1st Bedroom Length:14
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1st Bedroom Width:13
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2nd Bedroom Length:11
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2nd Bedroom Width:10
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3rd Bedroom Width:10
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3rd Bedroom Length:10
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Laundry Room Length:8
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Laundry Room Width:7
Location
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Directions to Property:From Spencer head west on Hwy 46. Turn left onto Patricksburg Rd and follow to Hancock School Rd. Turn left, property will be on the right.
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Latitude:39.281922
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Longitude:-86.831265
The Property
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Parcel# ID:60-11-26-200-270.000-027
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Property Subtype:Site-Built Home
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Location:Rural
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Lot Dimensions:Irregular
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Lot Description:Irregular, Level, Partially Wooded, Rolling, 10-14.999, Pasture
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Approx Lot Size SqFt:435600
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Approx Lot Size Acres:10
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Fence:Barb Wire, Farm
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Driveway:Gravel
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Waterfront:No
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Water Features:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:3024.48
Beds
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Total # Bedrooms:3
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1st Bedroom Level:Main
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2nd Bedroom Level:Main
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3rd Bedroom Level:Main
Baths
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Total Baths:3
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Total Full Baths:3
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# of Full Baths Main:2
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202507282
Heating & Cooling
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Heating Fuel:Gas, Wood, Forced Air
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Cooling:Central Air
Utilities
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Water Utility:Well
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Well Type:Private
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Sewer:Septic
Schools
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Elementary:Spencer
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Middle School:Owen Valley
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High School:Owen Valley
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School District:Spencer-Owen Community Schools
The Community
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Subdivision:None
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Common Amenities:Horse Facilities
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Pool:No
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Association Dues Frequency:Not Applicable
Parking
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Garage:Yes
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Garage Type:Attached
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Garage Length:32
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Garage SqFt:768
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Garage Width:24
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Garage/# of Cars:2
Monthly cost estimate

Asking price
$549,900
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,944
|
Taxes | $36,300 |
Insurance | $151 |
Utilities | N/A |
Total | $39,395/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
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3/7/25
Mar 7, 2025
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Listed / Active | IRMLS | $549,900 |