Mine was also free range in an older neighborhood/suburb with a highway on two sides and river on the other two. The only rule I had was not to cross the highway, but even that rule was eventually relaxed as there were better fishing ponds on the other side of the highway and I just had to tell parents/be careful. I was also a latchkey kid (along with all my friends) so I'd get home from school, drop my books and turn right around and head to my friend's houses.
Like you, it wasn't always easy, but I think made me a stronger person overall.