3 bedroom, 2 full bath 1392 sq. ft. ranch home on 5 acres. Home has a private pond and a couple of small outbuildings. Home has been a rental and has lots of potential but needs a little TLC.
3 bedroom, 2 full bath 1392 sq. ft. ranch home on 5 acres. Home has a private pond and a couple of small outbuildings. Home has been a rental and has lots of potential but needs a little TLC.
Year
Property tax
Land + Additions
Assessment*
2024
$1,433 (−6.9%)
$50,300 + $142,800
$193,100
2023
$1,540 (−0.4%)
$50,300 + $132,600
$182,900
2022
$1,547 (−5.4%)
$44,200 + $123,700
$167,900
2021
$1,634 (+7.7%)
$44,200 + $114,000
$158,200
2020
$1,518 (+16.3%)
$44,200 + $107,900
$152,100
2019
$1,305 (+114.9%)
$36,200 + $97,700
$133,900
2018
$608 (+17.6%)
$24,100 + $69,600
$93,700
2017
$516 (+2.3%)
$24,100 + $63,000
$87,100
2016
$505 (+1.8%)
$24,100 + $63,000
$87,100
2015
$496 (−68.7%)
$24,100 + $61,200
$85,300
2013
$1,583
$24,100 + $58,800
$82,900
Tax history for 488 Hancock School Rd
Year
Property tax
Land + Additions
Assessment*
2024
$1,433 (−6.9%)
$50,300 + $142,800
$193,100
2023
$1,540 (−0.4%)
$50,300 + $132,600
$182,900
2022
$1,547 (−5.4%)
$44,200 + $123,700
$167,900
2021
$1,634 (+7.7%)
$44,200 + $114,000
$158,200
2020
$1,518 (+16.3%)
$44,200 + $107,900
$152,100
2019
$1,305 (+114.9%)
$36,200 + $97,700
$133,900
2018
$608 (+17.6%)
$24,100 + $69,600
$93,700
2017
$516 (+2.3%)
$24,100 + $63,000
$87,100
2016
$505 (+1.8%)
$24,100 + $63,000
$87,100
2015
$496 (−68.7%)
$24,100 + $61,200
$85,300
2013
$1,583
$24,100 + $58,800
$82,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
5.06 Acres
Year renovated
1994
Sq. Ft.
1,392
Year built
1994
Style
Multi-Family (2-4 Unit)
County
Owen County
APN
601123300210000027
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
Property details
Parking
Parking Information
Parking Features: None
Interior
Interior Sq. Ft. Information
Building Area Total: 1392
Living Area: 1392
Main Level Sq. Ft.: 1392
Bedroom Information
Primary Bedroom Description: Closet Walk in
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 3
Full Bathrooms MU: 2
Room 1 Information
Room Type: Living Room
Room Features: Laminate
Room Dimensions: 17x16
Room Level: Main
Room 2 Information
Room Type: Dining Room
Room Features: Laminate
Room Dimensions: 11x16
Room Level: Main
Room 3 Information
Room Type: Kitchen
Room Features: Laminate
Room Dimensions: 11x11
Room Level: Main
Room 4 Information
Room Features: Laminate
Room Dimensions: 16x11
Room Level: Main
Room 5 Information
Room Type: Bedroom 2
Room Features: Laminate
Room Dimensions: 10x11
Room Level: Main
Room 6 Information
Room Type: Bedroom 3
Room Features: Laminate
Room Dimensions: 11x11
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 6
Rooms Basement: 0
# of Rooms: 6
Heating & Cooling
Heating Information: Forced Air, Electric
Cooling Information: None
Interior Features
Interior Features: Windows Vinyl, Eat-in Kitchen
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Electric Water Heater
Exterior
Property Information
Ownership Interest Types: No Assoc
Other Equipment: Not Applicable
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: 5-10 Acres
Lot Information
Lot Size Acres: 5.06
Utilities
Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Municipal/City
Solid Waste Information: No
Location
School Information
Schools: SPENCER ELEMENTARY
High School District: Spencer-Owen Community Schools
Location Information
Directions: Take 46 West approx 1 mile to Old Patricksburg Rd turn left, go to Hancock School Rd turn left , go approx 1 mile property is on the left
Tax Legal Description: PT SE S23 T10 R4 5.06A
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,392
Stories: 1.0
Lot Size: 5.06 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1994
Year Renovated: 1994
County: Owen County
APN: 601123300210000027
Home facts updated by county records on Oct 9, 2026
Other
Listing Information
Attribution Contact: scarver@homefinder.org
Green Information
Green Certification YN: No
Home Information
Foundation Details: Block
Construction Materials: Vinyl Siding
Levels: One
Around this home
Schools
Spencer Elementary School
Public PreK-6 • Assigned • 3.7mi
5/10
Owen Valley Middle School
Public 7-8 • Assigned • 2.5mi
6/10
Owen Valley Community High School
Public 9-12 • Assigned • 2.5mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 103° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Spencer, IN • 47460
Average low and high temperatures (°F)
34
18
43
27
62
41
70
49
72
54
83
65
87
69
82
63
81
57
69
49
55
39
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$204,000 – $246,000
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