Sheldon Barnes
For Sale — 7614 S Mill Road, Spiceland, IN 473857614 S Mill Road
Spiceland, Indiana 47385
No Subdivision
3
Beds
2
Baths
1,196
Sq Ft
1900
Year Built
17.66
Acres
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ABOUT THIS HOME
Brick ranch home on over 17 acres offering space, function, and opportunity. This 3 bedroom, 1.5 bath home features a full basement, fireplace, and attached 2 car garage. The home needs work and is being sold as-is, making it a great option for investors or buyers looking to rehab and build equity. The acreage includes fenced pasture ideal for livestock, several outbuildings for storage or farm use, and a year-round flowing spring. Property offers extensive road frontage, providing potential for future subdividing (subject to approvals). Plenty of room for farming, recreation, or a rural lifestyle in a peaceful setting.
Key things to know
- 17.66 acres with fenced pasture
- Year-round flowing spring
- Full basement and fireplace
- Multiple outbuildings
- Extensive road frontage
Monthly payment
Estimate · $349,900
$1,931/mo
≈ $1,862 principal & interest · $69 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $69,980 on a loan of $279,920.
Price history
- Price reduced$399,900 → $349,900
Apr 21, 2026
- Listedat $399,900
Mar 31, 2026
Recent comparable sales
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409 E Maple Street
3bd · 2ba · 1,354 sqft
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$100,000
424 W Broad Street
4bd · 2ba · 1,458 sqft
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$125,000
522 W Linden Drive
2bd · 1ba · 936 sqft
Sold Jan 2026
$239,900
5681 S County Road 225 W
2bd · 2ba · 864 sqft
Sold Nov 2025
$165,000
315 E Main Street
3bd · 1ba · 1,464 sqft
Sold Nov 2025
Comparative value
5 comps in this range
This home is 112% 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
$399,900Listed· Mar 31, 2026
$349,900Reduced
↓ $50,000 (12.5% off original)
22 days on market
Layout
Schools
South Henry School Corp
Elementary
Tri-Elementary School
High
Tri Junior-Senior High School
Neighborhood
- Hamilton Town Center27.0 mi
- Hamilton Southeastern HS27.5 mi
- Conner Prairie28.5 mi
- Fishers High School28.5 mi
- IU Health North Hospital31.6 mi
- Monon Trail (Carmel)33.9 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,196 sq ft
Year Built
1900
Stories
One
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
1 full, 1 half
Garage
2 spaces
School District
South Henry School Corp