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

    Rea Cemetery Rd Rd Freedom, IN 47431

    For Sale
    $299,900

    Agricultural Land - Freedom, IN

    Lot size:
    47.50 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for Rea Cemetery Rd Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    60-12-29-234-110.000-023
    Lot size
    47.50 Acres

    Building Details

    Architectural style
    Other

    Indy Metro South LLC (317) 893-1624

    Listing agent Fred McIntire (317) 882-5900 License #RB14022537

    Listing date Oct 12, 2025

    MLS# 202541330 Listing URL

    Copyright © 2025 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Owen County Agricultural Land Opportunity

    This 47.5-acre property in rural Owen County, Indiana, presents an opportunity for outdoor enthusiasts. Located less than one hour from Indianapolis and Bloomington, and 30 minutes from Spencer, the land is situated on a dead-end county road. The property is conducive to hunting whitetail deer and turkey, and may offer morel mushrooms. According to a topography map, the property features three small ponds on the back side, although this is unconfirmed. A potential home building site exists on the smaller parcel located on the east side of the road. The property is located on both sides of Rea Cemetery Road, slightly less than 1/2 mile north of the intersection of County Road 150 S (Denmark Road) and County Road 1225 W (Rea Cemetery Road).
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Freedom
    County
    Owen
    State
    Indiana
    Longitude
    -86.992169376587
    Latitude
    39.275590096889

    Nearby Similar for Sale

    • $177,400
      2,112 SF

      Historic Freedom Bank Building

      Remodeled historic building suitable for commercial or residential use.
      5732 Wall St, Freedom, IN 47431
      View Details
    • $299,900
      47.50 Acres

      Owen County Sportsman's Paradise

      47.5 acre rural property, abundant wildlife, potential building site.
      0000 Rea Cemetery Rd, Freedom, IN 47431
      View Details

    FAQs

    What type of property is this?
    Agricultural land - 47.5 acre sportsman's paradise in rural Owen County, Indiana.
    Where is this agricultural land located?
    The property is located at Rea Cemetery Rd Rd Freedom, IN.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - 47.5 acre property ideal for hunting (Whitetail deer, turkey); - Located less than 1 hour from Indianapolis and Bloomington; - Secluded location on a dead-end road offering peace and tranquility
    (317) 882-5900
    Request Owner's contact information
    Rea Cemetery Rd Rd Freedom, IN 47431
    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.
    Rea Cemetery Rd Rd
    Freedom, IN 47431
    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
    Rea Cemetery Rd Rd Freedom, IN 47431
    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.