Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    89841 489Th Ave Spencer, NE 68777

    For Sale
    $400,000

    Farm/Estate - Spencer, NE

    Type:Farm
    Property size:
    1,980 SF
    Lot size:
    20.91 Acres
    Days on Market:
    90
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 89841 489Th Ave

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Dining Room, Living Room
    Bedrooms
    5
    Bathrooms
    2
    Parking features
    Garage
    Interior features
    Walk-in Closet
    Size
    1,980 SF
    Lot size
    20.91 Acres

    Building Details

    Year built
    1930
    Year renovated
    1930
    Floors in Building
    2
    Architectural style
    Other

    Stracke Land & Realty (402) 340-2990

    Listing agent Kyle Connot (402) 340-2990

    Listing date Sep 16, 2025

    MLS# 11522472 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Farm Estate with Creek

    Located a couple miles from town, this property offers 20.91 acres of hay meadow and pasture with a spring-fed creek. The 1,980± sq. ft. home features 5 bedrooms and 1.5 bathrooms. The main floor includes a master suite with a walk-in closet. Upstairs, the four bedrooms feature original hardwood floors and antique doors. The home includes living and dining areas with an original wood staircase. French doors separate the office/den/hobby room from the dining room. The kitchen offers cabinet and counter space with a peninsula island. The remodeled main floor bathroom features a walk-in tile shower and an oversized tub. A spacious laundry room includes a half bath and cabinet space. Updates include new carpet installed in 2025, a new septic system in 2018, a furnace replaced in 2023, and a new water heater in 2025. Outbuildings include a 32'x28' hay shed with steel siding, a barn with a concrete floor and livestock stalls, a detached 2-car garage, a pole shed, an open-faced garage and small shed, and two grain bins. A 36'x60' concrete slab with power is ready for projects. The property includes three cattle watering sites, a covered draw, a natural spring-fed creek, and a shelterbelt. Built in 1930, the property is suited for a hobby farm or raising livestock. The property taxes for 2024 were $726.52.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Spencer
    County
    Boyd
    State
    Nebraska
    Longitude
    -98.723554
    Latitude
    42.848717

    Nearby Similar for Sale

    • $1,900,000
      1,344 SF

      Nebraska Farm and Ranch Estate

      206.35 acre farm and ranch property in Spencer, Nebraska.
      49061 894Th Rd, Spencer, NE 68777
      View Details

    FAQs

    What type of property is this?
    Farm - Five-bedroom home on 20.91 acres with multiple outbuildings.
    Where is this farm located?
    The property is located at 89841 489Th Ave Spencer, NE.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - 20.91± acres of hay meadow/pasture land with a spring-fed creek, ideal for hobby farming or ranching.; - Spacious 1,980± sq. ft. home with 5 bedrooms, including a main floor master suite with a walk-in closet.; - Multiple outbuildings, including a hay shed, barn with workshop, detached 2-car garage, and grain bins, offering versatile space for various uses.
    (402) 340-2990
    Request Owner's contact information
    89841 489Th Ave Spencer, NE 68777
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    89841 489Th Ave
    Spencer, NE 68777
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    89841 489Th Ave Spencer, NE 68777
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.