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  • $228,500

    5507 Patricksburg Rd, Spencer, IN 47460

    3beds
    1,475sqft
    Residential, Single Family Residence
    Built in 1995
    2.07 Acres Lot
    $229,500 Zestimate®
    $155/sqft
    $1,735 Estimated rent

    Home value

    $229,500

    $218,000 - $241,000

    $1,735/mo

    Zestimate® history
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    What's special

    Spacious layoutBrand-new furnaceUpdated flooringRefreshed bathroomsNewer roof
    Welcome to your own private slice of country paradise! Nestled on 2+ peaceful acres, this beautifully maintained 3-bedroom, 2-bath home offers the perfect blend of comfort, privacy, and move-in-ready convenience. From the moment you arrive, you'll appreciate the quiet setting, wide-open space, and endless possibilities this property has to offer. Inside, you'll find numerous updates already completed for you, including a brand-new furnace, newer roof, updated flooring, and refreshed bathrooms - giving you peace of mind and modern comfort from day one. The spacious layout is warm and inviting, making it easy to feel right at home. Outside is where this property truly shines! Enjoy your morning coffee surrounded by nature, create the garden of your dreams, host unforgettable summer BBQs, or simply relax and soak in the serenity of country living. The 2-car attached garage provides everyday convenience, while the detached garage/storage/mini barn offers incredible flexibility for hobbies, workshop space, extra storage, recreational toys, or even a future she shed or man cave. If you've been searching for quiet country living with room to roam, modern updates, and space to truly enjoy life outdoors - this is the one. Private, peaceful, and packed with potential, this property is ready for you to move right in and start making memories!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Chandler 317-413-8352,

    Keller Williams Indy Metro Partners,

    Ann Jackson 765-341-0027,

    Keller Williams Indy Metro Partners

    Bought with:

    Michelle Chandler

    Keller Williams Indy Metro Partners

    Source: MIBOR as distributed by MLS GRID,MLS#: 22100932MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Bedroom 2
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 13x9
    Bedroom 3
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Dining room
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Great room
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 17x11
    Kitchen
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9x9
    Laundry
    • Features: Other
    • Level: Basement
    • Area: 209 Square Feet
    • Dimensions: 19x11
    Heating
    • Electric, Forced Air, Other
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater, Electric Oven, Refrigerator
    • Laundry: In Basement
    Features
    • Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen
    • Windows: WoodWorkStain/Painted
    • Basement: Storage Space,Unfinished
    Interior area
    • Total structure area: 1,475
    • Total interior livable area: 1,475 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Heated Garage, Gravel
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Fire Pit
    • Has view: Yes
    • View description: Pasture, Trees/Woods
    Lot
    • Size: 2.07 Acres
    • Features: Rural - Not Subdivision
    Details
    • Additional parcels included: 601120400100000022
    • Parcel number: 601129100010000022
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Spencer

    Financial & listing details

    • Price per square foot: $155/sqft
    • Tax assessed value: $198,700
    • Annual tax amount: $1,020
    • Date on market: 5/15/2026
    • Cumulative days on market: 5 days

    Price history

    DateEventPrice
    6/30/2026Sold$228,500-0.6%$155/sqft
    Source: MIBOR as distributed by MLS GRID #22100932 Report a problem
    5/18/2026Pending sale$229,900$156/sqft
    Source: MIBOR as distributed by MLS GRID #22100932 Report a problem
    5/15/2026Listed for sale$229,900+31.4%$156/sqft
    Source: MIBOR as distributed by MLS GRID #22100932 Report a problem
    1/7/2021Sold$175,000-5.4%$119/sqft
    Source: MIBOR as distributed by MLS GRID #21748882 Report a problem
    12/3/2020Price change$184,900-5.1%$125/sqft
    Source: Home Team Properties #202043309 Report a problem
    11/13/2020Price change$194,900-2.5%$132/sqft
    Source: Home Team Properties #202043309 Report a problem
    10/26/2020Listed for sale$199,900$136/sqft
    Source: Home Team Properties #202043309 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,074 -4.7%$198,700 +10.5%
    2024$1,127 +10.3%$179,900 -1.3%
    2023$1,021 +27.9%$182,300 +18.2%
    2022$799 +6.2%$154,200 +26.9%
    2021$752 +30.1%$121,500 +7%
    2020$578 +13.3%$113,600 +20.5%
    2019$510 -3.1%$94,300 +7%
    2018$527 +5.9%$88,100 -2.4%
    2017$497 $90,300 +3.2%
    2016$497 +9.7%$87,500 +4.4%
    2014$453 +0.2%$83,800 +3.8%
    2013$452 -13.7%$80,700 -4.4%
    2012$524 -67.6%$84,400 +2.1%
    2011$1,619 +5296.7%$82,700 +5413.3%
    2010$30 +4%$1,500
    2009$29 +11.2%$1,500 +7.1%
    2007$26 +11.3%$1,400
    2006$23 $1,400
    Find assessor info on the county website

    Neighborhood: 47460

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patricksburg Elementary School
    • Middle: Owen Valley Middle School
    • High: Owen Valley Community High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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