See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

4864 County Road 68, Spencerville, IN, 46788

4beds
3baths
3,700sqft
$1,590,000
$430price/sqft
$9,853/moest. monthly cost
$394,120/yrincome needed

About This Home

Tucked well off the road and surrounded by woods on three sides, this exceptional 19.78-acre estate offers privacy, luxury, and unmatched versatility. The impressive 10,000-square-foot barn features a full concrete floor throughout, two finished rooms, a fully finished loft, one full bathroom, and one half bathroom, offering exceptional flexibility for storage, hobbies, a workshop, or business use. The custom-built home features approximately 3,700 square feet of finished living space with 4 bedrooms, 2 full baths, 2 half baths, a dedicated office, walk-in pantry, spacious walk-in closets, and beautifully appointed bathrooms with tile showers. Designed for both entertaining and everyday living, the property includes a stunning in-ground gunite pool, screened-in sunroom, fountain and koi pond, full outdoor granite kitchen, and scenic wooded trails throughout the property. A concrete driveway leads to the home and wraps around to the rear basement garage, complementing the attached 3-car garage and additional basement garage bay. A true standout feature of the estate is the remarkable detached 10,000-square-foot outbuilding, privately serviced by its own well and septic system, and full concrete floors. Built for durability and versatility, the structure features a finished loft salon, full kitchen, two private offices, a full bath, half bath, overhead propane heat, floor drains, and a fenced equipment yard. Whether utilized for business operations, equipment storage, vehicle collections, workshop space, or future expansion opportunities, this exceptional building offers capabilities rarely found on a residential property. Barn tour available by appointment only

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10

Construction

Condition

  • Year built: 1995

Materials

  • Roof: Asphalt
  • Construction materials: masonry

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Garbage disposal,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Tile,Carpet,Hardwood
  • Fireplace features: masonry
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced air,Other,Gas
  • Cooling features: Central,Geothermal

Interior Area

  • Total interior livable area: 3,700 sqft

Property

Details

  • Parcel number: 171131100002000021

Features

  • Exterior features: Vinyl,Brick

Lot

  • Lot size: 20 Acres

Parking

  • Parking features: Garage - Attached,Garage - Detached

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
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $8,039$96,468
Home Insurance *$651$7,812
Property Taxes $824$9,888
Electricity $339$4,070
Total$9,853$118,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$337,817/yr
40% on housing$295,590/yr
45% on housing$262,746/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$430This listing

vs Other Active Listings

Avg $/sqft

ZIP 46788$218
DeKalb County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 46788$166
DeKalb County$152

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)

No zestimate history available

Price History

DateEventPrice
2026-08-06Price change$1,550,000
2026-06-12Listed for sale$1,590,000
2013-02-14Sold$511,000
2012-07-18Listing removed$544,900
2012-03-17Price change$544,900
2011-08-18Listed for sale$549,900
1998-04-14Sold$264,900

For Sale by Owner

AgentProperty Owner

Similar Homes