2034 Dubois Rd, Spencer, IN, 47460
About This Home
Exceptional 55-acre equestrian and event property in Owen County, offering a rare blend of fenced pastures, wooded acreage, multiple ponds, and miles of trails. Purpose-built facilities include an indoor riding arena, large show-barn complex, hay barn, and multiple pastures-ideal for boarding, training, and private equine use. The estate also features extensive event infrastructure: an arena with performance stage and six bathrooms, outdoor amphitheater, sanitation building with composting restrooms, studio and various event spaces, catering kitchen, and recording studio-providing turnkey potential for weddings, retreats, workshops, and creative or recreational programming. The custom-built main residence offers 5 bedrooms, 4 full and 2 half baths, office areas, an in-home theatre, and three seasons porch overlooking the grounds. Updates include renovated living spaces, mechanical improvements, insulation upgrades, and a new hot tub. A new guest house adds valuable lodging or rental options. Outdoor amenities include an in-ground pool, hot tub, patios, decks, water feature, and 125-ft suspension bridge. A unique opportunity for buyers seeking a private equestrian estate, income-producing venue, or multi-use retreat property.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1985
Materials
- Foundation: Concrete Perimeter
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Gas Cooktop,Dishwasher,Down Draft,Double Oven,Refrigerator,Water Heater
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Finished
Bedroom2
- Level: Upper
- Area: 210.18
- Dimensions: 18.6 x 11.3
Bedroom3
- Level: Upper
- Area: 138.507
- Dimensions: 10.11 x 13.7
Bedroom4
- Level: Upper
- Area: 222
- Dimensions: 20.00 x 11.1
Bedroom5
- Level: Upper
- Area: 200.68
- Dimensions: 11.6 x 17.3
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 1
Bonus Room
- Features: Tile-Ceramic
- Level: Upper
- Area: 46.41
- Dimensions: 9.10 x 5.1
Bonus Room
- Level: Basement
- Area: 342.7
- Dimensions: 14.9 X 23
Dining Room
- Level: Main
- Area: 227.48
- Dimensions: 12.10 x 18.8
Exercise Room
- Features: Other
- Level: Basement
- Area: 237.6
- Dimensions: 14.4 x 16.5
Family Room
- Level: Basement
- Area: 375.72
- Dimensions: 18.6 X 20.20
Features
- Attic Access,Breakfast Bar,Built-in Features,Entrance Foyer,Ceiling Fan(s),Hardwood Floors,High Speed Internet,Eat-in Kitchen,Pantry,Smart Thermostat,Walk-In Closet(s),Wet Bar
- Window features: Wood Work Stained
- Flooring: Hardwood
- Number of fireplaces: 3
- Fireplace features: Basement,Bedroom,Living Room
- Fireplace: Yes
- Attic: Access Only
- Finished area below ground: 2,060
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 5,392
- Total interior livable area: 5,392 sqft
Kitchen
- Level: Main
- Area: 261.8
- Dimensions: 23.8 x 11
Laundry
- Level: Main
- Area: 93
- Dimensions: 10.0 x 9.3
Living Room
- Level: Main
- Area: 440.7
- Dimensions: 22.6 x 19.5
Master Bedroom
- Level: Main
- Area: 266
- Dimensions: 19 x 14
Office
- Features: Tile-Ceramic
- Level: Main
- Area: 200.68
- Dimensions: 11.6 x 17.3
Office
- Level: Basement
- Area: 107.73
- Dimensions: 13.3 x 8.10
Other
- Level: Basement
- Area: 264.6
- Dimensions: 14 x 18.90
Sun Room
- Level: Main
- Area: 240
- Dimensions: 12x20
Utility Room
- Features: Other
- Level: Basement
- Area: 160
- Dimensions: 16 X 10
Property
Details
- Parcel number: 601107102070000022
- Horse amenities: Barn
Features
- Levels: Three Or More
- Patio & porch: Covered,Porch
- Has spa: Yes
- Spa features: Above Ground
- Fencing: Fenced,Split Rail
Lot
- Lot size: 55 Acres
Parking
- Total spaces: 3
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Winter Weather
- Cold Wave
- Hail
- Heat Wave
- Inland Flooding
- Ice Storm
- Landslide
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,641 | $151,692 |
| Home Insurance * | $2,101 | $25,212 |
| Property Taxes | $1,548 | $18,576 |
| Electricity | $494 | $5,931 |
| Total | $16,784 | $201,408 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Price change | $2,499,999 |
| 2025-11-26 | Listed for sale | $2,600,000 |
| 2025-11-24 | Listing removed | $2,600,000 |
| 2025-10-03 | Price change | $2,600,000 |
| 2025-05-23 | Listed for sale | $2,750,000 |
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