NEW 2 HRS AGO

For sale

$249,000

Est. $1,556/mo —

•

2,438

sq ft

5191 Patricksburg Rd, Spencer, IN 47460

About this home

Discover the possibilities with this 2-bedroom, 2-bath home offering 2,438 sq. ft. of living space on 12.77 acres near Spencer! Featuring a desirable mix of wooded and open acreage, this property offers a beautiful country setting with an approximately 1-acre farm pond and plenty of room for outdoor recreation and enjoyment. The home includes a full finished walk-out basement, providing additional living and entertaining space. Outside, you'll find a 22x25 enclosed carport with concrete floor and a 14x22 detached single-car garage with concrete floor, both equipped with electricity. Recent improvements include a standing seam metal roof approximately 2 years old and an electric water heater approximately 1 year old. With its combination of open land, wooded acreage, pond, and multiple outbuildings, this property offers endless possibilities for those looking to add their personal touches and make it their own. A unique opportunity to enjoy country living on 12.77 acres with so much potential! Priced to sell!!

Single-familyProperty Type

1979Year Built

12.77 acresLot Size

$102Price/Sq.Ft.

2 car garageParking

Listed by Tilden Keith • Keith Realty & Auction Group

Listing updated: Nov 4, 2026 at 11:50am

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #22134925

Payment calculator

$1,556 per month

Principal and interest$1,342

Property taxes

$102

HOA dues

Home insurance

$112

Utilities

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Nearby open houses (1)

Around this home

Schools

K - 12
Preschool & daycare

Spencer Elementary School

Public PreK-6 • Assigned • 5.6mi

5/10

Owen Valley Middle School

Public 7-8 • Assigned • 4.4mi

6/10

Owen Valley Community High School

Public 9-12 • Assigned • 4.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

5191 Patricksburg Rd · $249,000

DAYS ON MARKET

The average home goes pending in 31 days.

SALE-TO-LIST

Most homes are selling 4% below list price.

LIST PRICE

Median sale price in this area is $239,505. (4% lower than this home)

PRICE DROP

27% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Built-in features
Basement
Living room fireplace with gas logs and insert

Bedrooms
2 bedrooms: 1 on the main level and 1 in the basement

Bathrooms
2 full bathrooms: 1 on the main level and 1 in the basement

Kitchen
Dishwasher, microwave, oven, electric oven, refrigerator, and free-standing freezer

Laundry & utility
Washer and dryer

Heating & cooling
Baseboard, forced-air, and propane heating
Central air and window unit cooling

Sale and tax history for 5191 Patricksburg Rd

Sale History
Tax History

Date

Event

Price

MIBOR as Distributed by MLS Grid #22134925

Nov 4, 2026

Listed

$249,000

$102/sq ft

IRMLS #202645443

Nov 4, 2026

Listed

$249,000

$102/sq ft

+36

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Owen County

APN

601128200060000022

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Nov 4, 2026.

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 102° expected this year, 18 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

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Redfin Estimate for 5191 Patricksburg Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $168,000 and $395,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $168K to $395K.

SOLD AUG 17, 2026
$243,000 Last sold price
3 beds2 baths1,248 sq ft
1012 W Acres Dr, Spencer, IN 47460
$93/sq ft
smaller lot
16 years newer
SOLD JUL 9, 2026
$171,000 Last sold price
2 beds1 bath2,588 sq ft
310 W Market St, Spencer, IN 47460
$36/sq ft
smaller lot
53 years older
SOLD JUN 30, 2026
$228,500 Last sold price
3 beds2 baths1,475 sq ft
5507 Patricksburg Rd, Spencer, IN 47460
$53/sq ft
smaller lot
16 years newer
SOLD OCT 20, 2026
$225,500 Last sold price
3 beds2 baths1,056 sq ft
3267 Jordan Village Rd, Poland, IN 47868
$112/sq ft
smaller lot
8 years newer
SOLD OCT 1, 2026
$395,000 Last sold price
3 beds2 baths1,404 sq ft
3320 Pine Wood Dr, Spencer, IN 47460
$179/sq ft
smaller lot
1 year older
SOLD OCT 20, 2026
$168,000 Last sold price
2 beds1 bath1,408 sq ft
378 W Hillside Ave, Spencer, IN 47460
$17/sq ft
smaller lot
79 years older

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Early Access listings

EARLY ACCESSREDFIN COMING SOON

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EARLY ACCESSREDFIN COMING SOON

$345,000

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Nearby similar homes

Sorry, we don't have any nearby similar homes to display. See all homes for sale in 47460

New listings for sale in 47460

NEW 2 MINS AGO

$399,000

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6.72 acre lot • 3 garage spots • Built 2001

NEW 2 HRS AGO

$249,000

2 beds2 baths2,438 sq ft

5191 Patricksburg Rd, Spencer, IN 47460

Wooded acreage • Open land • Farm pond

NEW 24 HRS AGOVIDEO TOUR

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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

Details provided by MIBOR as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (1)

Around this home

Schools

Lifestyle

Market insights

Property details

Sale and tax history for 5191 Patricksburg Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 5191 Patricksburg Rd

Early Access listings

Nearby similar homes

New listings for sale in 47460

More real estate resources