Property Attributes
- MLS#22072632
- TypeSingle Family
- Listing Status Active
- CountyOWEN
- CitySpencer
- AreaLafayette
- Zip47460
- Style
- Year Built1985
- Taxes$ 6604
- Price$ 2,499,999
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms2
- Sqr Footage5392
- Lot Size55 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Set across 55 breathtaking acres in Owen County, this extraordinary country estate offers a rare opportunity to create a private family compound surrounded by rolling pastures, mature woods, scenic ponds, and miles of trails. Designed for those seeking space, privacy, recreation, and a connection to the outdoors, the property blends the character of a rural estate with the amenities of a luxury retreat. The custom-built main residence features 5 bedrooms, 4 full and 2 half baths, multiple office spaces, a private theater, and a three-season porch overlooking the picturesque grounds. Extensive updates include renovated living areas, mechanical improvements, insulation upgrades, and a new hot tub. Equestrian enthusiasts will appreciate the existing barn infrastructure, indoor riding arena, fenced acreage, and open pastureland, offering exceptional potential for private horse ownership, riding, training, or the creation of a boutique family horse farm. The expansive barn complex could easily support stalls, tack rooms, equipment storage, and future stable enhancements. A separate guest residence provides ideal accommodations for extended family, guests, a groundskeeper, estate manager, or caretaker, allowing for seamless management of the property while maintaining privacy for the main residence. Outdoor amenities create a true resort-like setting, including an in-ground pool, hot tub, patios, decks, water features, multiple ponds, and a dramatic 125-foot suspension bridge connecting various areas of the estate. Miles of trails invite horseback riding, hiking, ATV use, and year-round exploration. Whether envisioned as a private family estate, multigenerational retreat, recreational getaway, gentleman's farm, or equestrian homestead, this remarkable property offers endless possibilities in a peaceful and highly scenic setting.
| Elementary School | Middle School | High School |
|---|---|---|
| Patricksburg Elementary School | Owen Valley Middle School | Owen Valley Community High School |
| Price History | |
|---|---|
| 11/26/2025 | Listed $2,600,000 |
| 5/11/2026 | 4$2,499,999 |
General Features
| Heating | Natural Gas |
|---|---|
| Cooling | Central Air |
| Utilities | Electricity Connected,Natural Gas Available,Septic System |
| Possession | Negotiable |
| Appliances | Gas Cooktop,Dishwasher,Down Draft,Double Oven,Refrigerator,Water Heater |
| Garage Spaces | 3 |
| Patio/Porch Features | Covered,Porch |
| Architectural Style | Other |
| Construction Materials | Brick,Wood Siding |
| Year Built | 1985 |
| Township | Lafayette |
| Levels | Three Or More |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Owen |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | No Subdivision |
| Garage Y/N | Yes |
| Total Rooms | 17 |
| Full Baths | 4 |
| Status | Active |
| Directions | GPS Friendly |
| High School | Owen Valley Community High School |
| City | Spencer |
| High School District | Spencer-Owen Community Schools |
| MLS Area | 6009 - Owen - Lafayette |
| Lot Size Square Feet | 2395800 |
| Spa Features | Above Ground |
| Elementary School | Patricksburg Elementary School |
| Property Attached Y/N | No |
| Current Financing | Conventional |
| Middle/Junior High School | Owen Valley Middle School |
| Standard Status | Active |
| Tax Lot | - |
| Legal Description | In S 1/2 Nw S7 T10 R4 55A |
Interior Features
| Interior Amenities | Attic Access,Breakfast Bar,Built-in Features,Ceiling Vaulted,Entrance Foyer,Paddle Fan,Hardwood Floors,Hi-Speed Internet Availbl,Eat-in Kitchen,Pantry,Smart Thermostat,Walk-In Closet(s),Wet Bar,Wood |
|---|---|
| Basement | Finished |
| Total Fireplaces | 3 |
| Fireplace Features | Basement,Bedroom,Living Room |
| Basement (Y/N) | Yes |
| Half Baths | 2 |
| Laundry Features | Main Level |
| Total Bedrooms | 5 |
| Below Grade Finished Area | 2060 |
| Main Level Bedrooms | 1 |
| LivingAreaSource | Assessor |
| Total Baths | 6 |
Exterior Features
| Fencing | Split Rail |
|---|---|
| Parking Features | Attached |
| Water Source | Well,Private |
| Foundation Details | Concrete Perimeter |
| Spa | Yes |
| Building Area Total | 5392 |
| Lot Size Acres | 55 |
| Horse Amenities | Barn |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Last Updated: August 19, 2026 6:28 PM UTC
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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on August 19, 2026 6:40 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing