OFF MARKET

Off Market Jun 2025 for $143K

$159,570

•

1,470

sq ft

640 Pea Ridge Rd, Spencer, IN 47460

About this home

Charming Country Home with Endless Potential – 3 Bedrooms, 1 Bath, 2 Living Spaces, 1 Acre Nestled on a peaceful 1-acre lot in a serene county setting, this 3-bedroom, 1-bathroom home offers a fantastic opportunity for those looking to invest in a property with great potential. Whether you're a first-time homebuyer, an investor, or someone looking for a project to make your own, this home is ready for your personal touch! Step inside and discover two spacious living areas that provide ample room for entertaining or relaxing with family. The cozy gas fireplace in the main living room adds warmth and charm, perfect for chilly evenings. The kitchen and bathroom are functional but could use some updates, allowing you to create the home of your dreams. The generous 1-acre lot offers plenty of outdoor space for gardening, play, or simply enjoying the tranquility of country living. With some TLC, this home can be transformed into a beautiful retreat that reflects your style and vision.

Single-familyProperty Type

1965Year Built

1 acresLot Size

$109Est. Price/Sq.Ft.

Listed by Crystal Russell • Century 21 Scheetz - Bloomington

Contact: Cell: 812-320-3891

Bought with Nicole Stanley • RE/MAX Cornerstone

Redfin checked: 3 minutes ago

•Source:IRMLS #202445632

Redfin Estimate

$159,570

$17K since sold in June 2025$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 23.1% lower than the average sale price ($208K) of 6 comparable homes.

SOLD MAR 26, 2026
$285,000
A
3 beds2 baths1,533 sq ft
537 S Poplar Dr, Ellettsville, IN 47429
SOLD AUG 6, 2026
$192,500
B
3 beds1 bath1,079 sq ft
3504 Hardscrabble Rd, Spencer, IN 47460
SOLD JUL 31, 2026
$115,000
C
2 beds1 bath1,144 sq ft
1526 Freeman Rd, Spencer, IN 47460
SOLD APR 2, 2026
$260,000
D
3 beds1 bath1,300 sq ft
680 E North St, Spencer, IN 47460
SOLD JUN 19, 2026
$220,000
E
3 beds1.5 baths1,404 sq ft
629 Concord Rd, Gosport, IN 47433
SOLD AUG 14, 2026
$173,000
F
2 beds1 bath1,040 sq ft
1198 N Us Highway 231, Spencer, IN 47460

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Earn from this home

Rent

$939/mo

Redfin rental estimate

List your home for rent

Market trends in 47460, IN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.5%

+0.8% MoM

Median sale price

$310K

$4K MoM

Avg. days on market

62d

16 days MoM

Recently sold homes

1 MoM

New listings for sale

FOR SALE BY OWNER
$339,900
2 beds2 baths3,240 sq ft
679 E Indiana Ave, Spencer, IN 47460
$280,000
3 beds2 baths1,292 sq ft
1365 Lakeside Dr, Spencer, IN 47460
$309,000
2 beds2 baths1,848 sq ft
2984 Patricksburg Rd, Spencer, IN 47460
$359,900
3 beds2.5 baths2,552 sq ft
1123 Westwoods Dr, Spencer, IN 47460
See all

Provided by Redfin

Sale history for 640 Pea Ridge Rd

Year

Property tax

Land + Additions

Assessment*

2024

$143 (+2.0%)

$25,000 + $109,600

$134,600

2023

$141 (+2.0%)

$25,000 + $100,500

$125,500

2022

$138 (+2.0%)

$25,000 + $92,700

$117,700

2021

$135 (+2.0%)

$25,000 + $71,300

$96,300

2020

$132 (+2.0%)

$25,000 + $66,300

$91,300

2019

$130 (−54.5%)

$18,000 + $63,000

$81,000

2018

$286 (+2.4%)

$16,000 + $68,100

$84,100

2017

$279 (+4.4%)

$16,000 + $64,700

$80,700

2016

$267 (−12.5%)

$16,000 + $64,700

$80,700

2015

$305 (+12.1%)

$16,000 + $69,800

$85,800

2013

$272

$16,000 + $65,000

$81,000

Tax history for 640 Pea Ridge Rd

Year

Property tax

Land + Additions

Assessment*

2024

$143 (+2.0%)

$25,000 + $109,600

$134,600

2023

$141 (+2.0%)

$25,000 + $100,500

$125,500

2022

$138 (+2.0%)

$25,000 + $92,700

$117,700

2021

$135 (+2.0%)

$25,000 + $71,300

$96,300

2020

$132 (+2.0%)

$25,000 + $66,300

$91,300

2019

$130 (−54.5%)

$18,000 + $63,000

$81,000

2018

$286 (+2.4%)

$16,000 + $68,100

$84,100

2017

$279 (+4.4%)

$16,000 + $64,700

$80,700

2016

$267 (−12.5%)

$16,000 + $64,700

$80,700

2015

$305 (+12.1%)

$16,000 + $69,800

$85,800

2013

$272

$16,000 + $65,000

$81,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1 Acre

Year renovated

1965

Sq. Ft.

1,470

Year built

1965

Style

Single Family Residential

County

Owen County

APN

601704200110000016

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 16, 2026.

Property details

Interior

Virtual Tour

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

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Natural Gas, Propane

Interior Features
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Family Room

Room Information
# of Rooms Total: 8
Laundry Features: Main Level
Basement Details: Crawl Space

Exterior

Building Information
Above Grade Finished Area: 1,470
# of Stories Total: 1
Construction Materials: Vinyl Siding

Property Features
Other Structures: Shed(s)

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

Lot Information
Lot Features: Wooded
Lot Size Dimensions: irregular
Lot Size Acres: 1

Financial

Tax Information
Tax Annual Amount: $140.56

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: Hwy 46 west towards spencer traveling from Bloomington, turn left on HWY 43, turn right on Freeman Rd, Left on Timber Ridge Rd, Right on Pea Ridge, Property will be approx 2 miles down road on left.
Subdivision Name: None

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,470
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1965
Year Renovated: 1965
County: Owen County
APN: 601704200110000016

Home facts updated by county records on Jul 16, 2026

Other

Listing Information
List AOR: Bloomington BOR
AttributionContact: Cell: 812-320-3891

Around this home

Schools

McCormick's Creek Elementary School

Public K-6 • Assigned • 2.9mi

6/10

Owen Valley Middle School

Public 7-8 • Assigned • 2.9mi

6/10

Owen Valley Community High School

Public 9-12 • Assigned • 2.8mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance 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

0% 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

In this area, properties receive around 9.8 hours in June and 3.5 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

3.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$152,000 – $184,000

Sell confidently with a local market expert in Spencer. 3 minutes to get started.

Nearby similar homes

$750,000

4 beds2.5 baths2,776 sq ft

3692 Braysville Rd, Spencer, IN 47460

$529,900

3 beds3 baths3,998 sq ft

3656 Hollybrook Rd, Gosport, IN 47433

$549,900

3 beds2.5 baths2,922 sq ft

2636 Country Club Rd, Spencer, IN 47460

$334,900

3 beds2.5 baths2,464 sq ft

186 Ryan Ct, Spencer, IN 47460

$275,000

2 beds1 bath924 sq ft

6146 N Wallace Harman Way, Ellettsville, IN 47429

$439,000

3 beds2 baths1,700 sq ft

7603 W Julia Dr, Ellettsville, IN 47429

New listings for sale in 47460

FOR SALE BY OWNER

$339,900

2 beds2 baths3,240 sq ft

679 E Indiana Ave, Spencer, IN 47460

$280,000

3 beds2 baths1,292 sq ft

1365 Lakeside Dr, Spencer, IN 47460

$309,000

2 beds2 baths1,848 sq ft

2984 Patricksburg Rd, Spencer, IN 47460

$359,900

3 beds2.5 baths2,552 sq ft

1123 Westwoods Dr, Spencer, IN 47460

Home values near 640 Pea Ridge Rd

Data from public records.

Address	Redfin Estimate
337 Pea Ridge Rd, Spencer, IN 2 Beds \| 2 Baths \| 1632 Sq. Ft.	$295,057
251 Pea Ridge Rd, Spencer, IN 2 Beds \| 2 Baths \| 1232 Sq. Ft.	$252,529

Address	Redfin Estimate
284 Pea Ridge Rd, Spencer, IN 3 Beds \| 1 Baths \| 1325 Sq. Ft.	$119,184
733 Pea Ridge Rd, Spencer, IN 3 Beds \| 1 Baths \| 720 Sq. Ft.	$65,403

Address	Redfin Estimate
273 Pea Ridge Rd, Spencer, IN 3 Beds \| 1 Baths \| 1890 Sq. Ft.	$138,358
734 Pea Ridge Rd, Spencer, IN 3 Beds \| 2 Baths \| 1216 Sq. Ft.	$154,030

Property information provided by IRMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 47460, IN

Sale history for 640 Pea Ridge Rd

Tax history for 640 Pea Ridge Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 47460

Home values near 640 Pea Ridge Rd

More real estate resources