Sheldon Barnes
For Sale — 7000 S Us Highway 231, Freedom, IN 474317000 S Us Highway 231
Freedom, Indiana 47431
No Subdivision
4
Beds
4
Baths
2,416
Sq Ft
1985
Year Built
44.338
Acres
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ABOUT THIS HOME
Want to get out in the country. This solid brick-built country home sits on 44 +/- acres in a great location and has good views of the peaceful countryside. This property is located near the Owen/Greene County line and is conveniently located only 10 minutes from Spencer or 20 minutes from Bloomfield, enjoy all that country life has to offer but still only a short drive to town or work. This large country home has lots of room and is ready for someone to add their own personal touches to it. It has 4 bedrooms and 3.5 baths with approx. 2412 sq.ft. on the main and upper level. The home has 2 primary suites, with one being on the main level. It also has a wood burning fireplace, two nice patios, a 21x16 sunroom and a covered front porch with good views. An additional 800+/- sqft in the basement could be converted into a rec-room, additional bedrooms or whatever one chooses. Near the home is a nice 30x40 pole barn with concrete floor, perfect for storing equipment, boats, Utvs', farm equipment and other toys. It also has a 15x40 lean to. Out on the farm there is a 32x56 cattle barn with lean-tos on each side. Both barns conveniently have electric and water. The land itself is composed of a beautiful diverse mixed acreage of pasture and woods and would be perfect for horses, a few cattle, chickens or any type of hobby farm one would desire. It also provides unbelievable hunting opportunities for deer, turkey, small game and morel mushrooms. There are signs of deer all over this ground in the form of tracks, trails and rubs. Another bonus is this property is only a few minutes from the White River for fishing and boating adventures. The home is currently being cleaned up and fixed up and first available showing will be December 9th 2025. Don't let this one getaway, call for your own private showing.
Key things to know
- 44.338 acres with pasture, woods, and hunting potential
- Two primary suites including one on main level
- 30x40 pole barn with concrete floor plus cattle barn with lean-tos
- 21x16 sunroom with countryside views
- 800+ sq ft unfinished basement for conversion
Monthly payment
Estimate · $594,900
$3,360/mo
≈ $3,166 principal & interest · $193 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $118,980 on a loan of $475,920.
Price history
- Price reduced$614,900 → $594,900
Mar 26, 2026
- Listedat $641,900
Dec 3, 2025
Recent comparable sales
Comparative value
3 comps in this range
This home is 37% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$641,900Listed· Dec 3, 2025
$594,900Reduced
↓ $47,000 (7.3% off original)
119 days on market
Layout
Schools
Spencer-Owen Community Schools
Middle
Owen Valley Middle School
High
Owen Valley Community High School
Neighborhood
- Downtown Indianapolis55.4 mi
- Zionsville Community HS63.0 mi
- Carmel Central Park65.8 mi
- Monon Trail (Carmel)66.8 mi
- Carmel High School67.4 mi
- Carmel Arts & Design District67.9 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,416 sq ft
Year Built
1985
Stories
Two
Subdivision
No Subdivision
Bedrooms
4
Bathrooms
3 full, 1 half
Garage
2 spaces
School District
Spencer-Owen Community Schools