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  • Price cut: $10K (10/22)
    $305,000

    507 N Us Highway 231, Spencer, IN 47460

    3beds
    2,078sqft
    : 
    $1,965/mo
    Get pre-qualified
    Single Family Residence
    Built in 1965
    2.94 Acres Lot
    $296,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fire pitNew light fixturesShelter house
    WOW!! Check out this 2078sqft partial berm home. Come into the Beautiful family room with gas fire place 18x19 behind the barn door is laundry mechanical closet and storage. Step up into the hall to a flex space 16x11 with wood burning fire place and built ins , Off to the right is the master suit 10x15 with on suit master bath with soaker tub and stand up shower. Move into the large kitchen at 12 x16 plenty of space to prep and appliances stay. Off the kitchen is a dinning and living room combo at 12x24 with large picture windows over looking the hillside. From there you go down the hall to two bedrooms at 11x9 each and a second bath. Newer paint and wood floors through out the home also new light fixtures. Out side setting is a wooded area with 2.94ac with a fire pit, shelter house, and a new yard barn for storage. Will come with 1year Home Warranty. Close to Spencer and McCormick State Park, 28 minutes to Martinsville and Bloomington
    44 days
    264
    11

    Zillow last checked:

    Listing updated:

    Listed by:

    Darren Gilmore cell:812-709-0859,

    CK Realty Homes

    Source: IRMLS,MLS#: 202638251MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Family room
      • Level: Main
      • Area: 342
      • Dimensions: 19 x 18
      Kitchen
      • Level: Main
      • Area: 192
      • Dimensions: 16 x 12
      Living room
      • Level: Main
      • Area: 288
      • Dimensions: 24 x 12
      Office
      • Area: 176
      • Dimensions: 16 x 11
      Heating
      • Propane, Wood, Ceiling, Forced Air
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Electric Cooktop, Electric Oven
      • Laundry: Main Level
      Features
      • 1st Bdrm En Suite, Bookcases, Ceiling Fan(s), Countertops-Solid Surf, Soaking Tub, Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite, Great Room
      • Flooring: Laminate, Tile
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Den, Family Room, Gas Log, Wood Burning
      Interior area
      • Total structure area: 2,078
      • Total interior livable area: 2,078 sqft
      • Finished area above ground: 2,078
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Asphalt
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Fire Pit
      • Fencing: None
      Lot
      • Size: 2.94 Acres
      • Dimensions: 403x531x293x373
      • Features: Rolling Slope, 0-2.9999, Wooded, Rural, Landscaped
      Details
      • Additional structures: Shed
      • Parcel number: 601016400400.000027

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Earth Home/Berm
      • Property subtype: Single Family Residence
      Materials
      • Block, Vinyl Siding, Limestone
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1965
      Details
      • Warranty included: Yes

      Utilities & green energy

      • Electric: Duke Energy Indiana
      • Sewer: Septic Tank
      • Water: Cistern

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Spencer

      Financial & listing details

      • Tax assessed value: $237,600
      • Annual tax amount: $1,487
      • Date on market: 9/16/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

        Estimated market value

        $296,800

        $282,000 - $312,000

        $1,670/mo

        Price history

        DateEventPrice
        10/22/2026Price change$305,000-3.2%
        Source: IRMLS #202638251 Report a problem
        9/16/2026Listed for sale$315,000+28.6%
        Source: IRMLS #202638251 Report a problem
        1/8/2026Sold$245,000-2%
        Source: IRMLS #202537797 Report a problem
        1/7/2026Pending sale$249,900
        Source: IRMLS #202537797 Report a problem
        11/29/2025Price change$249,900-7.4%
        Source: IRMLS #202537797 Report a problem
        10/23/2025Price change$269,900-3.6%
        Source: IRMLS #202537797 Report a problem
        10/3/2025Price change$279,900-3.4%
        Source: IRMLS #202537797 Report a problem
        9/18/2025Listed for sale$289,900
        Source: IRMLS #202537797 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,380 +5.1%$237,600 +22.8%
        2024$1,313 +5.8%$193,500 +7.1%
        2023$1,241 -2%$180,600 +13.9%
        2022$1,266 +16.6%$158,600 +8.4%
        2021$1,086 +15.7%$146,300 +9.3%
        2020$938 +15.5%$133,800 +11.9%
        2019$812 +13.8%$119,600 +12.7%
        2018$713 +1.7%$106,100 +7.3%
        2017$701 $98,900 -0.2%
        2016$701 -12.3%$99,100 -4.8%
        2014$800 +1.4%$104,100 +6.3%
        2013$789 +8.6%$97,900 +1.8%
        2012$726 +0.7%$96,200 -2.5%
        2011$721 -12.6%$98,700 -3.1%
        2010$824 -1.5%$101,900 -5.6%
        2009$837 -0.1%$107,900 +1.9%
        2007$838 -12.3%$105,900 +1.8%
        2006$956 $104,000 +13.8%
        2005-- $91,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 47460

        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.

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