OFF MARKET

Off Market May 2025 for $220K

$311,129

•

1,872

sq ft

5616 Patricksburg Rd, Spencer, IN 47460

About this home

AUCTIONED PROPERTY. Great opportunity to own a charming home in the country with a 3.34 acre lot for all your favorite outdoor activities! Large deck overlooks the beautiful scenery and is the perfect place to entertain or sip your morning coffee. Upstairs has a bonus room that can function as an office or an additional bedroom. Property offers unique features throughout and provides and ample amount of natural light. Don't miss out on the chance to make this beautiful property yours!

Single-familyProperty Type

1900Year Built

3.34 acresLot Size

$166Est. Price/Sq.Ft.

Listed by Christopher Stjernholm • Trelora Realty, Inc.

Bought with NEIAR NonMember • NonMember NEIAR

Redfin checked: a few seconds ago

•Source:IRMLS #202510605

Redfin Estimate

$311,129

$91K since sold in May 2025$0 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.3% higher than the average sale price ($268K) of 6 comparable homes.

SOLD JUN 30, 2026
$228,500
A
3 beds2 baths1,475 sq ft
5507 Patricksburg Rd, Spencer, IN 47460
SOLD AUG 17, 2026
$243,000
B
3 beds2 baths1,248 sq ft
1012 W Acres Dr, Spencer, IN 47460
SOLD FEB 4, 2026
$331,000
C
3 beds2 baths1,782 sq ft
5599 State Hwy 246, Spencer, IN 47460
SOLD JAN 8, 2026
$245,000
D
3 beds2 baths2,078 sq ft
507 N Us Highway 231 Hwy, Spencer, IN 47460
SOLD JUN 12, 2026
$310,000
E
3 beds2 baths1,687 sq ft
3865 Bakers School Rd, Spencer, IN 47460
SOLD AUG 24, 2026
$248,000
F
3 beds2 baths1,872 sq ft
647 Concord Rd, Gosport, IN 47433

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 47460, IN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.5%

+0.8% MoM

Median sale price

$300K

$10K MoM

Avg. days on market

54d

8 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 58 MINS AGO
$169,900
2 beds1 bath964 sq ft
187 Pea Ridge Rd, Spencer, IN 47460
NEW 1 HR AGO
$175,000
3 beds2 baths1,512 sq ft
267 N East St, Spencer, IN 47460
NEW 30 HRS AGO
$359,900
3 beds2.5 baths1,944 sq ft
3270 Freedom Rd, Spencer, IN 47460
VIDEO TOUR
$575,000
3 beds2 baths1,696 sq ft
1299 N Us Highway 231, Spencer, IN 47460
FOR SALE BY OWNER
$339,900
2 beds2 baths3,240 sq ft
679 E Indiana Ave, Spencer, IN 47460
$280,000
3 beds2 baths1,292 sq ft
1365 Lakeside Dr, Spencer, IN 47460
$309,000
2 beds2 baths1,848 sq ft
2984 Patricksburg Rd, Spencer, IN 47460
$359,900
3 beds2.5 baths2,552 sq ft
1123 Westwoods Dr, Spencer, IN 47460
See all

Provided by Redfin

Sale history for 5616 Patricksburg Rd

Date

Event

Price

IRMLS #202510605

May 28, 2025

Sold

$220,000

$118/sq ft

Apr 29, 2025

Pending

—

Apr 29, 2025

Price Changed

$220,000

$118/sq ft

Mar 31, 2025

Listed

$200,000

$107/sq ft

IRMLS #202215136

Aug 5, 2022

Sold

$235,000

$126/sq ft

Jul 13, 2022

Contingent

—

Jun 21, 2022

Price Changed

$239,900

$128/sq ft

Apr 26, 2022

Listed

$249,900

$133/sq ft

+31

Absolutely charming farmhouse! 3 bedrooms, 2 1/2 baths, office, spacious kitchen and dining area with an offset breakfast nook. Main bedroom suite is located on main level, living room with hardwood floors and custom built in cabinet, enclosed front porch and nice back deck on upper level. Many cool things to take in with this super remodel! This sweet house is sitting on 3.34 acres with fenced pasture, great old barn as well as other outbuildings and pole building with stall. Hurry this won't last long!

MIBOR as Distributed by MLS Grid #21812269

Oct 4, 2021

Sold

$90,000

$48/sq ft

Sep 8, 2021

Listed

$94,500

$50/sq ft

IRMLS #202137801

Oct 4, 2021

Sold

$90,000

$48/sq ft

Sep 7, 2021

Listed

$94,500

$50/sq ft

Year

Property tax

Land + Additions

Assessment*

2024

$1,780 (−13.0%)

$46,700 + $203,600

$250,300

2023

$2,045 (+121.9%)

$46,700 + $215,300

$262,000

2022

$922 (+59.2%)

$49,000 + $74,400

$123,400

2021

$579 (+8.9%)

$49,000 + $47,700

$96,700

2020

$532 (+12.8%)

$41,400 + $51,100

$92,500

2019

$471 (+2.6%)

$34,700 + $51,400

$86,100

2018

$459 (+2.5%)

$34,700 + $47,500

$82,200

2017

$448 (−7.0%)

$34,700 + $54,400

$89,100

2016

$482 (+3.9%)

$34,700 + $54,400

$89,100

2015

$464 (+2.0%)

$34,700 + $51,200

$85,900

2013

$455

$34,700 + $48,100

$82,800

Tax history for 5616 Patricksburg Rd

Year

Property tax

Land + Additions

Assessment*

2024

$1,780 (−13.0%)

$46,700 + $203,600

$250,300

2023

$2,045 (+121.9%)

$46,700 + $215,300

$262,000

2022

$922 (+59.2%)

$49,000 + $74,400

$123,400

2021

$579 (+8.9%)

$49,000 + $47,700

$96,700

2020

$532 (+12.8%)

$41,400 + $51,100

$92,500

2019

$471 (+2.6%)

$34,700 + $51,400

$86,100

2018

$459 (+2.5%)

$34,700 + $47,500

$82,200

2017

$448 (−7.0%)

$34,700 + $54,400

$89,100

2016

$482 (+3.9%)

$34,700 + $54,400

$89,100

2015

$464 (+2.0%)

$34,700 + $51,200

$85,900

2013

$455

$34,700 + $48,100

$82,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3.34 Acres

Year renovated

1980

Sq. Ft.

2,240

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Owen County

APN

601129100090000022

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 16, 2026.

Property details

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1
# of Main Level Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Propane

Room Information
# of Rooms Total: 7
Laundry Features: Main Level
Has Basement
Basement Details: Partial

Exterior

Building Information
Above Grade Finished Area: 1,872
# of Stories Total: 1
Construction Materials: Vinyl Siding

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Site-Built Home

Lot Information
Lot Features: Pasture
Lot Size Dimensions: 145,490
Lot Size Acres: 3.34

Financial

Tax Information
Tax Annual Amount: $2,045

Utilities

Utility Information
Water Source: Private, Well
Sewer: Septic Tank

Location

Schools Information
School District: Spencer-Owen Community Schools
Elementary School: Spencer
Middle Or Junior School: Owen Valley
High School: Owen Valley

Location Information
Directions: Take Hwy 46W out of Spencer 2 miles and turn left onto Patricksburg Rd follow to property on left
Subdivision Name: None

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 2,240
Stories: 1.0
Lot Size: 3.34 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: 1980
County: Owen County
APN: 601129100090000022

Home facts updated by county records on Jul 16, 2026

Other

Listing Information
List AOR: Northeastern Indiana AOR

Around this home

Schools

Patricksburg Elementary School

Public PreK-6 • Assigned • 4.8mi

5/10

Owen Valley Middle School

Public 7-8 • Assigned • 4.9mi

6/10

Owen Valley Community High School

Public 9-12 • Assigned • 4.9mi

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 102° 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 3.6 hours in December, placing it below the U.S. average for solar exposure.

9.9 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$296,000 – $358,000

Sell confidently with a local market expert in Spencer. 3 minutes to get started.

Nearby similar homes

$529,900

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OPEN SUN, 2PM TO 4PM

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New listings for sale in 47460

NEW 58 MINS AGO

$169,900

2 beds1 bath964 sq ft

187 Pea Ridge Rd, Spencer, IN 47460

NEW 1 HR AGO

$175,000

3 beds2 baths1,512 sq ft

267 N East St, Spencer, IN 47460

NEW 30 HRS AGOVIDEO TOUR

$359,900

3 beds2.5 baths1,944 sq ft

3270 Freedom Rd, Spencer, IN 47460

VIDEO TOUR

$575,000

3 beds2 baths1,696 sq ft

1299 N Us Highway 231, Spencer, IN 47460

FOR SALE BY OWNER

$339,900

2 beds2 baths3,240 sq ft

679 E Indiana Ave, Spencer, IN 47460

$280,000

3 beds2 baths1,292 sq ft

1365 Lakeside Dr, Spencer, IN 47460

$309,000

2 beds2 baths1,848 sq ft

2984 Patricksburg Rd, Spencer, IN 47460

$359,900

3 beds2.5 baths2,552 sq ft

1123 Westwoods Dr, Spencer, IN 47460

Home values near 5616 Patricksburg Rd

Data from public records.

Address	Redfin Estimate
5818 Patricksburg Road, Spencer, IN 3 Beds \| 1 Baths \| 780 Sq. Ft.	$66,880
5550 Patricksburg Road, Spencer, IN 4 Beds \| 2 Baths \| 1568 Sq. Ft.	$358,882

Address	Redfin Estimate
5507 Patricksburg Road, Spencer, IN 3 Beds \| 2 Baths \| 1475 Sq. Ft.	$273,252
5782 Patricksburg Road, Spencer, IN - Beds \| 1 Baths \| 684 Sq. Ft.	$105,022

Address	Redfin Estimate
5462 Patricksburg Road, Spencer, IN 4 Beds \| 2 Baths \| 1568 Sq. Ft.	$274,127
5497 Patricksburg Road, Spencer, IN - Beds \| 1 Baths \| 2944 Sq. Ft.	$294,110

Property information provided by IRMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 47460, IN

Sale history for 5616 Patricksburg Rd

Tax history for 5616 Patricksburg Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 47460

Home values near 5616 Patricksburg Rd

More real estate resources