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Active under contract
    • $169,900

    187 Pea Ridge Rd, Spencer, IN 47460

    2beds
    964sqft
    : 
    $1,152/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    2.05 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Detached garagePeaceful surroundingsThoughtfully remodeled interiorComfortable layoutInviting living spacesUpdated finishes
    Discover the charm of country living just minutes from Spencer! This completely remodeled 2-bedroom, 1-bath home sits on 2.05 beautiful acres, offering a great combination of privacy, space, and convenience. Inside, you’ll find a thoughtfully remodeled interior with updated finishes and a comfortable layout that is move-in ready. The home features two bedrooms, one full bath, and inviting living spaces perfect for everyday living or entertaining. Major updates include a new roof installed in 2021, providing added peace of mind for the new owner. Outside, the property offers plenty of room to enjoy the acreage, garden, have outdoor activities, or simply relax and take in the peaceful surroundings. A detached garage provides excellent space for parking, storage, a workshop, or recreational equipment. Located less than five minutes from Spencer, you can enjoy the tranquility of an acreage property while still being close to town, shopping, dining, and local amenities. If you’ve been looking for an updated home with acreage in a convenient location, this property is ready to welcome you home!
    8 days
    1,061
    118

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tara White Cell:812-821-1735,

    Century 21 Scheetz - Bloomington

    Source: IRMLS,MLS#: 202637792MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 1
      Bedroom 1
      • Level: Upper
      Bedroom 2
      • Level: Main
      Kitchen
      • Level: Main
      • Area: 189
      • Dimensions: 21 x 9
      Living room
      • Level: Main
      • Area: 264
      • Dimensions: 24 x 11
      Heating
      • Natural Gas
      Cooling
      • Wall Unit(s)
      Features
      • Basement: Crawl Space,Partial
      • Has fireplace: No
      Interior area
      • Total structure area: 964
      • Total interior livable area: 964 sqft
      • Finished area above ground: 964
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 2.05 Acres
      • Features: Rolling Slope, 0-2.9999
      Details
      • Parcel number: 601032400430.000027

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Spencer

      Financial & listing details

      • Tax assessed value: $136,400
      • Annual tax amount: $501
      • Date on market: 9/12/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/12/2026Listed for sale$169,900+145.8%
        Source: IRMLS #202637792 Report a problem
        10/13/2011Sold$69,123$72/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$394 -22.1%$136,400 +13.9%
        2024$506 -2.7%$119,800 +5.5%
        2023$520 +18.4%$113,600 +7.2%
        2022$439 -10.4%$106,000 +11%
        2021$490 +213%$95,500 -5.4%
        2020$157 +91.5%$100,900 +28%
        2019$82 +35.8%$78,800 +13.5%
        2018$60 +2.3%$69,400 +6.3%
        2017$59 $65,300
        2016$59 +8.9%$65,300 +3.5%
        2014$54 +9.1%$63,100 +5.7%
        2013$50 +20%$59,700 -1.3%
        2012$41 -85.4%$60,500 -3.2%
        2011$282 -11.2%$62,500 -3.7%
        2010$318 +2.6%$64,900 -5%
        2009$310 -32.5%$68,300 +2.1%
        2007$459 -15.4%$66,900 +2%
        2006$542 $65,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 47460

        Getting around

        0 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Spencer
        • Middle: Owen Valley
        • High: Owen Valley
        • District: Spencer-Owen Community Schools

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

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