Sold
Last Sold Price
108,028 Lot Size2.48 Acres
5331 Adel Rd, Spencer, IN 47460
LandProperty Type
2.48 acresLot Size
  • Listed by: Shirley Burke 812.821.0888 sburke@bluemarble.net • B & B Realty
Listing closed: 08/13/2012 12:00 AM • Source: MIBORMLS, MLS#: 21149024

Recent comparable sales

Median sold price

$72,600

Avg days on market

108

Sale-to-list ratio

88.2%

Spencer, IN

9 comparable properties found

1

$72,600

Sold 03/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9.65
Acres
$72,600 | 0 Braysville Road, Spencer, IN 47460
1/19
2

$72,600

Sold 03/17/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9.65
Acres
$342,000 | 6009 Highway 43, Spencer, IN 47460
1/59
3

$342,000

Sold 07/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
13.43
Acres
$17,500 | 1901 Vandale Fork Road, Spencer, WV 25276
1/12
4

$17,500

Sold 04/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.36
Acres
$19,000 | 80 Lindsay Court, Spencer, IN 47460
1/4
5

$19,000

Sold 08/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1
Acres
$127,000 | Tract 3 North Us Hwy 231, Spencer, IN 47460
1/22
6

$127,000

Sold 06/12/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10
Acres
$135,000 | Tract 4 North Us Hwy 231, Spencer, IN 47460
1/19
7

$135,000

Sold 06/18/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10
Acres
$174,000 | 1597 Hoot Road, Spencer, IN 47460
1/32
8

$174,000

Sold 12/09/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.59
Acres
$32,500 | 0 Washburn Road, Spencer, NY 14883
1/2
9

$32,500

Sold 01/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9.92
Acres

Location

Listing Courtesy of B & B Realty

Sold By B & B Realty

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$107 per month

30 year fixed, 6.55% Interest

Principal and Interest

$71

Property Taxes

$36

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5331 Adel Road

Property Details
  • Taxes: $215 semi-annually
  • MLS Type: Land / Residential Lots
  • County: Owen County
  • Subdivision Name: NO SUBDIVISION
  • Township: Franklin
  • Zoning: Owen County Zoning
Building Information
  • Lot Size: 2.48 AC
Summary
Location and General Information
  • City: Spencer
  • County Or Parish: Owen
  • Directions: Town of Spencer, Go south on Main Street to Pottersville Road. Go Pottersville Road to Braysville Road. Go Right. Take the next left on Adel Road.
  • Postal Code: 47460
  • Road Access: CountyRd
  • Road Frontage Type: County Road
  • State Or Province: IN
  • Topography: Wooded
Taxes and HOA Information
  • Parcel Number: 601613400230000017
  • Semi Annual Property Tax Amt: 215
  • Tax Exemption: None
  • Tax Year: 2011
Property
Lot Information
  • Acreage: 2-3 Acres
  • Land Characteristics: Irregular Lot,Rural,Wooded
  • Lot Number: 3
  • Lot Size: 2.486
  • Lot Size Acres: 2.48
  • MLS: MIBOR
  • New Construction: False
  • Other Structures: No Building
  • SqFt Main Upper: 0
  • Living SqFt: 0.0
  • Sq Ft Total: 0.0
Property and Assessments
  • Affected by Disclosures: 0
  • Development Status: NoStatus
  • Documents: LegalDesc
  • Photos Count: 2
  • Present Zoning: Agricultur
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Gravel
  • SaleTerms: Cash
  • Type: Multiple
  • Transaction Type: Sale
Utilities
  • Facilities Near: Electric
  • Facilities On: SeeRemarks
  • Sewer: Septic Tank
  • Solid Waste: 0
  • Water: See Remarks,Well Required
Interior and Exterior Features
Exterior Features
  • Improvements: SeeRemarks
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
Bathrooms
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0

Property History for 5331 Adel Road

DateEvent & SourcePriceAppreciation
Aug 13, 2012

Sold

Indiana Regional MLS #455436

$14,000
Aug 13, 2012

Sold

MIBORMLS #21149024

$14,000
Aug 13, 2012

Pending

Indiana Regional MLS #455436

DateEvent & SourcePrice
08/13/2012

Sold

Indiana Regional MLS #455436

$14,000
08/13/2012

Sold

MIBORMLS #21149024

$14,000
08/13/2012

Pending

Indiana Regional MLS #455436

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5331 Adel Road

Taxable ValueLand$38,400Additions$26,700Total$65,100
Tax Record2025$782 ($65 / month)
Home Facts
Baths1Total Finished SqFt256 SqFtAbove Grade Finished SqFt256 SqFtStories1Lot Size108,290 SqFtStyleMobile / Manufactured HomeYear Built1970Year Renovated1970CountyOWENAPN60-16-13-400-230.000-017

Schools near 5331 Adel Road

This home is within Spencer-Owen Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Spencer Elementary School
PublicPK to 6

Owen Valley Middle School
Public7 to 8

Owen Valley Community High School
Public9 to 12

McCormick's Creek Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 47460

$280,000 | 1365 Lakeside Drive, Spencer, IN 47460
1/48

$280,000

3
Bedrooms
1,292
Square Feet
1
Acres
$309,000 | 2984 Patricksburg Road, Spencer, IN 47460
1/28

$309,000

2
Bedrooms
1,848
Square Feet
2.56
Acres
$359,900 | 1123 Westwoods Drive, Spencer, IN 47460
1/28

$359,900

3
Bedrooms
2,552
Square Feet
1.69
Acres
$168,000 | 378 West Hillside Avenue, Spencer, IN 47460
1/18
Cont - Accptng Backup Offers

$168,000

2
Bedrooms
1,408
Square Feet
0.21
Acres
$189,900 | 427 South Washington Street, Spencer, IN 47460
1/10

$189,900

2
Bedrooms
1,040
Square Feet
0.2
Acres
$320,000 | 1558 Fox Run Court, Spencer, IN 47460
1/19

$320,000

3
Bedrooms
2,092
Square Feet
0.22
Acres
$310,000 | 375 Bass Haven Lane, Spencer, IN 47460
1/14

$310,000

2
Bedrooms
1,188
Square Feet
1
Acres
$750,000 | 3692 Braysville Road, Spencer, IN 47460
1/50

$750,000

4
Bedrooms
2,776
Square Feet
15.01
Acres
$195,000 | 1405 Lakeside Drive, Spencer, IN 47460
1/27

$195,000

1
Bedrooms
1,056
Square Feet
0.99
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5331 Adel Road, Spencer, IN 47460
$14,000
108,028
53,187
1
980
68,084
1
980
49,789
1.5
840
110,904
71,961

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of B & B Realty

Based on information submitted to the MLS GRID as of 12/20/2021 12:09 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.