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Sheldon Barnes can help you tour 7482 Vilas Road

Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Spencer, Indiana and the rest of Hamilton County. Book a private tour of 7482 Vilas Road, ask any question about this home, or talk through what you should know about buying in Spencer.

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ABOUT THIS HOME

2 bed 1 bath home with detached garage on .83 acres in beautiful, rural Owen County. Enjoy the peace and quiet of country living. This is a fixer upper with plenty of possibilities. Seller is currently using a 24,000 BTU mini split heat pump for cooling and heating which will stay. Home also includes a brand new Goodman gas furnace (80k BTU) which needs hooked up. This property is being sold AS IS and will not qualify for VA, USDA, or regular FHA loans. It may qualify for an FHA 203K fixer upper loan or a conventional loan. No rent to own or contract sales. The seller is relocating. Room sizes must be verified by buyer. This home is located in a flood plain. It has been raised above the water level but may still require flood insurance. Generac generator 8000W/10000W stays as well as the large safe since the seller cannot move it. The deck is in poor condition so do not walk around on it. Please call your Realtor to schedule a showing.

Listed by Elizabeth Kienzynski· F.C. Tucker Advantage, REALTOR· MLS# 22066602
SoldSold in 27 days

$75,000

2Beds
1Baths
1,100Sq Ft

2 bed 1 bath home with detached garage on .83 acres in beautiful, rural Owen County. Enjoy the peace and quiet of country living. This is a fixer upper with plenty of possibilities. Seller is currently using a 24,000 BTU mini split heat pump for cooling and heating which will stay. Home also include...

Listed by Elizabeth Kienzynski· F.C. Tucker Advantage, REALTOR· MLS# MBR22066602

1,100

Sq Ft

1900

Year Built

2

Bedrooms

1

Bathrooms

Key things to know

  • Sold 27% below list in 27 days
  • Basement

Sold

$55,000

-$20,000 below list (-26.7%)

Closed
Nov 14, 2025
Listed at
$75,000
Sold
6 months ago
Sold in
27 days

Price history

  1. Sold$55,000

    Nov 14, 2025

  2. Listedat $75,000

    Oct 4, 2025

Comparative value

5 comps in this range

This home is 67% below median for similar nearby sales.

$105K$279KMedian $169K
$55K

FEATURES & AMENITIES

Interior

Breakfast Bar

Climate

Heat: OtherCool: Ductless

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $75,000Listed· Oct 4, 2025

27 days on market

Layout

Main
214 rooms1,100 sq ft

Schools

Spencer-Owen Community Schools

  • Middle

    Owen Valley Middle School

  • High

    Owen Valley Community High School

Neighborhood

  • Downtown Indianapolis54.0 mi
  • Zionsville Community HS62.1 mi
  • Carmel Central Park64.8 mi
  • Monon Trail (Carmel)65.7 mi
  • Carmel High School66.2 mi
  • Carmel Arts & Design District66.7 mi

PROPERTY DETAILS

Living Area

1,100 sq ft

Year Built

1900

Stories

One

Subdivision

No Subdivision

Bedrooms

2

Bathrooms

1 full

Garage

2 spaces

School District

Spencer-Owen Community Schools

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