James Melchiors, last sold this property on 25 February 2026 after 17 days on market.
Overview
This beautiful farm lies just between the towns of New Boston and Troy in eastern Spencer Co. IN and consists of 112.33 acres. This place is a hunter's paradise and a target rich environment when it comes to big bucks and mature toms. With a mix of open pastures rolling into areas of thick cover and young timber along with transition areas from heavily mature timbered ridgelines down to the creek beds, it's full of stand locations near pinch points along travel corridors as deer move from browsing on mast and undergrowth to watering in the creeks and feeding in the crop fields. And not only that, it also provides a multitude of agricultural opportunities as well. The property has been primarily utilized for hay production and to pasture horses and cows for their grazing needs the last 30 years or more, but it was tillable and row cropped prior to that. The barns on the property are an added bonus and are ideal for storing equipment, offering a warm shelter out of the wind on a cold night with stalls for the horses and a hay loft to keep it dry out of the rain. It has been over 20 years since selectively cutting the mature timber and 50.23 acres are still currently enrolled in Indiana Classified Forest Program substantially reducing the tax bill on that portion of the acreage.
Features
crop_free4893095 sq. ft. lot size
cottageLand
Estimated Value
We need at least 3 similar land plots sold in Spencer County over the last 12 months.
Property history for IN-545
2026
Sold
$672,000
25 Feb 2026 by James Melchiors, of ERA FIRST ADVANTAGE REALTY, INC
2017
Sold
$250,000
10 Feb 2017 by Heidi Dixon, of Dixon's Auction/Realty
Happy sellers in Spencer County
~%
We have insufficient information to provide an overview of customer satisfaction for Spencer County. Viewing the agent profiles, reviews and sales for Spencer County can provide insights for this location.
Local market activity for land plots in Spencer County
In the last 12 months, 1 land similar to IN-545, have been sold.
This represents a 34% increase in land plots sales when compared to the previous 12 months.
