SOLD OCT 21, 2026

Sold on oct 2026

$169,900

•

964

sq ft

187 Pea Ridge Rd, Spencer, IN 47460

Track this home’s value and nearby sales activity

About this home

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!

Single-familyProperty Type

1950Year Built

2.05 acresLot Size

$176Price/Sq.Ft.

2 car garageParking

Listed by Tara White • Century 21 Scheetz - Bloomington

Contact: Cell: 812-821-1735

Bought with Brandi Markland • Keller Williams - Indy Metro South LLC

Redfin checked: in an hour

•Source:IRMLS #202637792

Redfin Estimate

$195,960

$26K since sold in October 2026$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.4% higher than the average sale price ($158K) of 6 comparable homes.

SOLD JUL 31, 2026
$115,000
A
2 beds1 bath1,144 sq ft
1526 Freeman Rd, Spencer, IN 47460
SOLD AUG 7, 2026
$185,000
B
2 beds1 bath965 sq ft
269 S Harrison St, Spencer, IN 47460
SOLD SEP 25, 2026
$175,000
C
2 beds1 bath1,050 sq ft
710 Concord Rd, Gosport, IN 47433
SOLD AUG 14, 2026
$173,000
D
2 beds1 bath1,040 sq ft
1198 N Us Highway 231, Spencer, IN 47460
SOLD AUG 6, 2026
$192,500
E
3 beds1 bath1,079 sq ft
3504 Hardscrabble Rd, Spencer, IN 47460
SOLD FEB 27, 2026
$105,000
F
3 beds1 bath928 sq ft
1165 Freeman Rd, Spencer, IN 47460

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Market trends in 47460, IN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

96.7%

+0.2% MoM

Median sale price

$284K

$16K MoM

Avg. days on market

60d

6 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 17 HRS AGO
$499,900
3 beds3 baths2,356 sq ft
5962 Braysville Rd, Spencer, IN 47460
$280,000
2 beds2 baths1,148 sq ft
338 Concord Rd, Spencer, IN 47460
$15,000
Studio— baths900 sq ft
931 Wesley Chapel Rd, Spencer, IN 47460
$199,900
2 beds1 bath840 sq ft
75 W Clay St, Spencer, IN 47460
$179,900
5 beds2 baths2,100 sq ft
257-259 S Montgomery St, Spencer, IN 47460
$360,000
3 beds2 baths2,224 sq ft
2180 N Timberview Ln, Spencer, IN 47460
See all

Provided by Redfin

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Rental estimate

Est. $716 per month, based on comparable rentals

Sale and tax history for 187 Pea Ridge Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2024

$394 (−22.1%)

$35,300 + $84,500

$119,800

2023

$506 (−2.7%)

$35,300 + $78,300

$113,600

2022

$520 (+18.4%)

$35,200 + $70,800

$106,000

2021

$439 (−10.4%)

$35,200 + $60,300

$95,500

2020

$490 (+213.0%)

$35,200 + $65,700

$100,900

2019

$157 (+91.5%)

$24,200 + $54,600

$78,800

2018

$82 (+35.8%)

$18,100 + $51,300

$69,400

2017

$60 (+3.8%)

$18,100 + $47,200

$65,300

2016

$58 (+7.4%)

$18,100 + $47,200

$65,300

2015

$54 (+63.6%)

$18,100 + $45,900

$64,000

2013

$33

$18,100 + $41,600

$59,700

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

2.05 Acres

Year renovated

1950

Sq. Ft.

598

Year built

1950

Style

Single Family Residential

County

Owen County

APN

601032400430000027

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 9, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Detached

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1

Heating & Cooling
Has Cooling
Cooling: Wall Unit(s)
Has Heating
Heating: Natural Gas

Room Information
# of Rooms Total: 4
Laundry Features: Main Level
Has Basement
Basement Details: Crawl Space, Partial

Exterior

Building Information
Above Grade Finished Area: 964
Construction Materials: Vinyl Siding

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Site-Built Home

Lot Information
Lot Features: Rolling Slope
Lot Size Dimensions: Irregular
Lot Size Acres: 2.05

Financial

Tax Information
Tax Annual Amount: $501.50

Utilities

Utility Information
Water Source: Private, Well
Sewer: Septic Tank

Location

Schools Information
School District: Spencer-Owen Community Schools
Elementary School: Spencer
Middle Or Junior School: Owen Valley
High School: Owen Valley

Location Information
Directions: From Spencer, take Main St south across the river, turn right onto Pottersville Rd. Turn left on Pea Ridge Rd. Property will be on the left.
Subdivision Name: None

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 598
Stories: 1.0
Lot Size: 2.05 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: 1950
County: Owen County
APN: 601032400430000027

Home facts updated by county records on Oct 9, 2026

Other

Listing Information
List AOR: Indiana Uplands Realtor Associat
AttributionContact: Cell: 812-821-1735

Around this home

Schools

McCormick's Creek Elementary School

Public K-6 • Assigned • 3.2mi

6/10

Owen Valley Middle School

Public 7-8 • Assigned • 2.3mi

6/10

Owen Valley Community High School

Public 9-12 • Assigned • 2.2mi

8/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 103° expected this year, 17 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Spencer, IN • 47460

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

100/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 9% for direct sun exposure in Spencer. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.6 hrs

6.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$187,000 – $226,000

Sell confidently with a local market expert in Spencer.

Nearby similar homes

NEW 17 HRS AGO

$499,900

3 beds3 baths2,356 sq ft

5962 Braysville Rd, Spencer, IN 47460

8 picturesque acres • New vinyl windows • Metal roof

$265,000

3 beds2 baths1,120 sq ft

522 W Blackfoot Dr, Ellettsville, IN 47429

Ideal location • Natural green space • Oak cabinetry

$199,900

2 beds1 bath840 sq ft

75 W Clay St, Spencer, IN 47460

Updated home • Remodeled kitchen • Large fenced in yard

$249,000

3 beds2 baths1,536 sq ft

3000 Cheyenne Trl, Gosport, IN 47433

1.3 acre lot • 2 garage spots • Built 2006

$15,000

Studio— baths900 sq ft

931 Wesley Chapel Rd, Spencer, IN 47460

New home • Potential to build • 0.48 acre lot

$950,000

5 beds3.5 baths3,342 sq ft

5403 Dyer Lane Ln, Freedom, IN 47431

70 x 120 shop • 20 x 48 lean-to • 24 x 28 office

New listings for sale in 47460

NEW 17 HRS AGO

$499,900

3 beds3 baths2,356 sq ft

5962 Braysville Rd, Spencer, IN 47460

8 picturesque acres • New vinyl windows • Metal roof

$280,000

2 beds2 baths1,148 sq ft

338 Concord Rd, Spencer, IN 47460

17.78 acres • Privacy • Convenient location

$15,000

Studio— baths900 sq ft

931 Wesley Chapel Rd, Spencer, IN 47460

New home • Potential to build • 0.48 acre lot

$199,900

2 beds1 bath840 sq ft

75 W Clay St, Spencer, IN 47460

Updated home • Remodeled kitchen • Large fenced in yard

$179,900

5 beds2 baths2,100 sq ft

257-259 S Montgomery St, Spencer, IN 47460

9,148 sq ft lot • 4 parking spots • Built 1900

$360,000

3 beds2 baths2,224 sq ft

2180 N Timberview Ln, Spencer, IN 47460

4.01 acre lot • 2 garage spots • Built 2004

Home values near 187 Pea Ridge Rd

Data from public records.

Address	Redfin Estimate
150 Pea Ridge Rd, Spencer, IN 4 Beds \| 2 Baths \| 1288 Sq. Ft.	$222,923
337 Pea Ridge Rd, Spencer, IN 2 Beds \| 2 Baths \| 1632 Sq. Ft.	$295,352

Address	Redfin Estimate
90 Pea Ridge Rd, Spencer, IN 4 Beds \| 1.5 Baths \| 1274 Sq. Ft.	$215,006
167 Pea Ridge Rd, Spencer, IN - Beds \| 2 Baths \| 1560 Sq. Ft.	$181,796

Address	Redfin Estimate
163 Pea Ridge Rd, Spencer, IN 1 Beds \| 1 Baths \| 2688 Sq. Ft.	$206,091
284 Pea Ridge Rd, Spencer, IN 3 Beds \| 1 Baths \| 1325 Sq. Ft.	$117,801

Property information provided by IRMLS when last listed in 2026. This data may not match . Learn more.

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