5403 Dyer Lane Lane

Freedom, IN
$ 950,000 Beds 5 Baths 3.5 Sq 3,342 Virtual Tour
Monthly Estimate* How much can I afford?

Exceptional 80-Acre White River Frontage Property with Renovated 5BR/3 1/2BA Home & 70 x 120 Shop If you have been searching for the kind of property that offers space, privacy, over 3/4 mile of White River frontage, and real everyday usability, this 80-acre White River frontage property just outside Freedom, Indiana is the one to see. Conveniently located near two major highways, US 231 and SR 67, the property features a 5-bedroom, 3.5-bath home built in 1999 and completely renovated in 2019, with a new metal roof scheduled to be installed shortly. Additional features include 25 acres of tillable ground, a 70 x 120 COMMERCIAL SHOP, Fully Insulated with In-Floor Heat and a 20 x 48 lean-to, a 24 x 28 office. The Shop is Set-Up with Complete Commercial Wood Moulding Paint and Finish Spray Line with Denibbers, Ovens and Racks that can be Purchased as well for a Ready-Made Business Opportunity!!!! Multiple garden sheds and outbuildings screened outdoor living space, firepit, and huge garden. It is ready for full-time living, recreation, a working homestead, or a flexible investment opportunity. Enjoy evenings around the firepit and weekends making the most of the land

Single Family

  • Price
  • $ 950,000
  • City
  • Freedom
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • OWEN
  • Half Bathrooms
  • 1
  • Area
  • Franklin
  • Lot Size
  • 80 Acres
  • Zip
  • 47431
  • Sqr Footage
  • 3,342
  • Year Built
  • 1999
  • Taxes
  • $ 8162
  • Style
  • Traditional
  • MLS#
  • 202632342
Listed By: Marcus Marner with farm2country.com; office: 812-630-5722
Data Source: Indiana Regional MLS (IRMLS)

Features

General

Sewer Septic
Heating Gas,Propane,Forced Air,Propane Tank Rented
Kitchen Level Main
Cooling Central Air,Multiple Cooling Units
Laundry Y/N Main
Fireplaces Yes
Water Access Type Riverfront
Amenities Ceiling-Cathedral,Ceiling-Tray,Ceilings-Vaulted,Closet(s) Walk-in,Countertops-Solid Surf,Deck Covered,Dryer Hook Up Electric,Firepit,Kitchen Island,Landscaped,Pantry-Walk In,Patio Covered,Porch Cover
Status Active
Full Baths 3
Half Baths 1
Bathrooms 4
Year Built 1999
New Construction No
Subdivision None
Style Two Story
Township Franklin
Class RESIDENTIAL
Type Site-Built Home
Age 27
FIPS Code 18119
Associated Document Count 4
REO No
Status Active
Auction Y/N No
Dining Room Level Main
Annual Taxes 8162.63
Area Owen County
Location Rural
High School Owen Valley
City Freedom
School District Spencer-Owen Community Schools
Assoc. Dues Frequency Not Applicable
Architectural Style Traditional
Total Sq Ft 3342
Elementary School Spencer
Middle School Owen Valley
Legal Description PT S 1/2 S16 T9 R4 20A,PT SE S16 T9 R4 59.89A
Agent First Name Marcus
Agent Last Name Marner
DOM 33
Tax Year 2026
PROPOSED FINANCING Cash,Conventional,FHA,USDA

Interior Features

Basement Crawl,Partial Basement,Finished
Fireplace(s) 1
Flooring Carpet,Laminate,Tile
HVAC Ceiling Fan,HVAC (13 Seer)
Kitchen Length 23
Kitchen Width 15
Beds 5
Total Rooms 17
Dining Room Length 25
Dining Room Width 11
Breakfast Room Length 14
Breakfast Room Width 11
Fireplace Dining Rm,Wood Burning
Living Room Width 20
Living Room Length 21
Full Baths Main 1
Full Baths Upper 2
Total Finished SqFt 3342
Basement Y/N Yes
Above Grade Bedrooms 5
Half Baths Main 1
1st Bedroom Level Main
1st Bedroom Width 16
2nd Bedroom Length 14
2nd Bedroom Level Upper
2nd Bedroom Width 13
3rd Bedroom Length 11
3rd Bedroom Level Upper
3rd Bedroom Width 10
4th Bedroom Length 11
4th Bedroom Level Upper
4th Bedroom Width 10
5th Bedroom Length 11
5th Bedroom Level Upper
5th Bedroom Width 11
Above Grade Finished SqFt 2382
Below Grade Finished SqFt 960
Living/Great Rm Level Main
Basement Material Block

Exterior Features

Exterior Shingle,Vinyl
Water Frontage 4225
Driveway Gravel
Pool No
Waterfront River
Lot Size Area 3484800
Lot Dimensions Irregular
Lot Description Heavily Wooded,Irregular,Partially Wooded,Rolling,Slope,Waterfront,Flood Plain,Pasture,Water View,Wooded
Water Features Private Beach
Well Type Private
Water Name White River
Approx. Lot Size Acres 80
ROOF MATERIAL Metal,Shingle
Waterfront Y/N Yes
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the South Bend, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Spencer Elementary School
Middle School Owen Valley Middle School
High School Owen Valley High School

Price History

8/8/2026 Listed $950,000

Property vs Zip Code Average in 47431

Price
AVG $500K
$950K
Taxes
AVG $2,867
$8,162
Year Built
AVG 1999
1999
Visits
AVG 99
5
Data Provided by Inside Real Estate®

Areas That We Cover

5403 Dyer Lane Lane Freedom, IN is a Single Family Home for sale at $950000 with 3342 sqft and a lot size of 80 Acres Acre(s). 5403 Dyer Lane Lane Freedom has 5 bedrooms, 3 baths and was built in 1999. The property's zip code is 47431 which is in Freedom, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.