16529 N State Road 1 Spencerville, IN 46788
Property details
About 16529 N State Road 1
OPEN HOUSE 3-5PM ON JULY 27TH!! Escape to your own private retreat in this beautifully crafted custom home built by Bob Buescher, nestled on 2 parcels offering 3.28 serene acres with a peaceful country ambiance just minutes from downtown Leo. This thoughtfully designed home offers an open layout that showcases artisan woodwork throughout, including custom doors, cabinetry, & trim. The gourmet kitchen features premium Grabill Cabinets with an amazing view of the backyard. Relax or entertain on one of 2 decks—one just off the kitchen & another directly accessible from the primary ensuite located on the main level. The formal dining room offers a great space to host & the den makes a great office space. Upstairs you'll find the 3 bedrooms & full bath. The daylight basement is a true showstopper with a full second kitchen, a spacious rec room, & a dedicated theatre room for movie nights. A well-designed workshop area & a private stairway to the garage make the basement as practical as it is spacious. Outdoor enthusiasts & hobbyists will appreciate the 3 connected outbuildings. One is fully climate-controlled & equipped with a professional-grade air compressor system—ideal for workshop needs. The second outbuilding provides ample storage for equipment, tools, or outdoor toys, while the third serves as a charming garden shed. The front of the home offers a custom patio with steps that lead to the lower level. Every inch of this home has been immaculately maintained, offering the perfect blend of luxury, comfort, & functionality in a peaceful, yet convenient location. 2021 HVAC. Don't miss out on the chance to call this place home!
Highlights
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 2
- Flooring Type: Carpet, Tile
- Fireplace: Living/Great Rm
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: Yes
- Parking: Asphalt
- Exterior: Brick, Cedar, Vinyl
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $840,000
- Price/SqFt: $195
- Annual Tax Amount: $4,639
- Tax Year: 2023
- Lot: Level
- Directions: N of Leo on State Rd 1 Past Schlatter Rd
- Year Built: 2001
- Lot Size: 3.281 Acres
- MLS Number: 202528435
- Office Name: North Eastern Group Realty
- Office Phone: (260) 609-7344
- Listing Agent: Emily Ewing
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 10:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $550,300 | $4,639 |
| 2022 | $499,100 | $3,565 |
| 2021 | $406,900 | $3,565 |
| 2020 | $394,000 | $3,123 |
| 2019 | $384,300 | $3,056 |
| 2017 | $356,600 | $3,121 |
History based on county public records data.
Nearby schools
8
Leo Elementary School
Public District 4-6
1.6 mi
•14811 Wayne St
10
Cederville Elementary School
Public District KG-3
4.3 mi
•12225 Hardisty Rd
8
Riverdale Elementary School
Public District KG-6
6.7 mi
•6127 State Road 1
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,102. Most Spencerville, IN residents have annual incomes between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Dollar General
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Applebees
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
Frequently asked questions
About 16529 N State Road 1
The listing price of 16529 N State Road 1 property is $840,000.
The property 16529 N State Road 1 is a house located in Spencerville, Indiana, 46788.
Active Listing: 16529 N State Road 1 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 16529 N State Road 1 are: Leo Elementary School (GreatSchools Rating 8/10), Cederville Elementary School (GreatSchools Rating 10/10), Riverdale Elementary School (GreatSchools Rating 8/10), Jefferson Middle School (GreatSchools Rating 4/10), Maple Creek Middle School (GreatSchools Rating 7/10), Shawnee Middle School (GreatSchools Rating 4/10), Leo Jr/Sr High School (GreatSchools Rating 8/10), Woodlan Jr/Sr High School (GreatSchools Rating 5/10), Northrop High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $4,639 (source: MLS/based on county public records data).
The property at 16529 N State Road 1 has 4 bedrooms and 2 full and 2 half bathrooms.
The year of construction for 16529 N State Road 1 is 2001.
This home is located at 16529 N State Road 1 in Spencerville, IN and zip code 46788. This home, which was built in 2001, sits on a 3.28 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $840,000.