Priced at $295,500, this charming two-story farmhouse offers a rare opportunity to own 40.6 acres of beautiful countryside while enjoying the peace, privacy, and endless possibilities that come with rural living. Located in Spencer, Indiana, this property combines a comfortable home, productive land, established perennial food sources, and recreational opportunities, making it an attractive option for homesteaders, farmers, outdoor enthusiasts, or anyone looking to escape the hustle and bustle of city life.
The farmhouse features approximately 1,908 square feet of living space with 4 bedrooms and 1 bathroom. The layout includes three bedrooms on the upper level and one bedroom with a bathroom on the main floor, providing flexibility for family living, guests, or a home office setup. The home retains its classic farmhouse character and offers the chance for new owners to update and personalize the space according to their needs and preferences.
One of the most appealing aspects of this property is the impressive 40.6-acre parcel. The acreage provides an outstanding mix of open land and wooded areas, creating opportunities for a variety of uses. Whether you’re interested in farming, raising livestock, establishing a homestead, creating riding trails, hunting, or simply enjoying nature, the land offers the space and versatility to make your vision a reality.
Several pole buildings are already located on the property, providing valuable storage space for equipment, tools, vehicles, livestock supplies, or workshop activities. The existing hay fields further enhance the agricultural potential of the property and can support a range of farming operations.
Nature lovers and homesteaders will appreciate the abundance of established perennial food sources already growing on the land. The property includes productive blueberry bushes, rhubarb plants, asparagus beds, and mature sugar maple trees. These established plantings provide seasonal harvests and contribute to the self-sufficient lifestyle many buyers seek when searching for acreage properties.
Adding even more character to the property is a dedicated sugar shack, which has been used for producing maple syrup from the mature sugar maple trees found throughout the land. This unique feature offers both a practical and enjoyable way to utilize the natural resources available on the property.
The 40.6 acres also include heavily wooded sections filled with mature trees, creating excellent habitat for wildlife and opportunities for hunting, hiking, recreation, and outdoor exploration. Trails could easily be developed throughout the wooded acreage, while the open areas offer plenty of room for gardens, animals, additional structures, or even a future homesite if desired.
A portion of the acreage located along the river is currently enrolled in classified forest, adding to the property’s natural beauty and appeal. The combination of open fields, wooded terrain, and river frontage creates a diverse landscape that is increasingly difficult to find at this price point.
Offered at $295,500, this 4-bedroom farmhouse on 40.6 acres in Spencer, Indiana presents exceptional value for buyers seeking land, privacy, agricultural opportunities, and rural charm. With its farmhouse, outbuildings, established food sources, wooded acreage, and recreational possibilities, this property offers countless ways to enjoy country living and make the most of its expansive acreage.
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Listed in ZILLOW
