8856 W Ratliff Rd is a 1,372 square foot house on a 3.58 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Spencer data, we estimate the home's value is $340,487.
Single-familyProperty Type
1993Year Built
3.58 acresLot Size
$248Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$340,487
$3,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 19.6% higher than the average sale price ($285K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2024
$2,034 (−2.1%)
$51,400 + $199,900
$251,300
2023
$2,078 (−10.6%)
$50,300 + $198,900
$249,200
2022
$2,325 (+10.3%)
$47,700 + $207,100
$254,800
2021
$2,109 (+3.6%)
$42,700 + $176,700
$219,400
2020
$2,036 (+15.8%)
$37,700 + $174,800
$212,500
2019
$1,759 (+4.4%)
$29,700 + $169,300
$199,000
2018
$1,686 (−10.9%)
$29,700 + $162,400
$192,100
2017
$1,891 (+9.9%)
$29,700 + $160,300
$190,000
2016
$1,721 (+10.4%)
$29,700 + $158,400
$188,100
2015
$1,559 (−1.1%)
$29,700 + $157,300
$187,000
2013
$1,576
$29,700 + $156,100
$185,800
Tax history for 8856 W Ratliff Rd
Year
Property tax
Land + Additions
Assessment*
2024
$2,034 (−2.1%)
$51,400 + $199,900
$251,300
2023
$2,078 (−10.6%)
$50,300 + $198,900
$249,200
2022
$2,325 (+10.3%)
$47,700 + $207,100
$254,800
2021
$2,109 (+3.6%)
$42,700 + $176,700
$219,400
2020
$2,036 (+15.8%)
$37,700 + $174,800
$212,500
2019
$1,759 (+4.4%)
$29,700 + $169,300
$199,000
2018
$1,686 (−10.9%)
$29,700 + $162,400
$192,100
2017
$1,891 (+9.9%)
$29,700 + $160,300
$190,000
2016
$1,721 (+10.4%)
$29,700 + $158,400
$188,100
2015
$1,559 (−1.1%)
$29,700 + $157,300
$187,000
2013
$1,576
$29,700 + $156,100
$185,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
AG/RR
Agriculture/Rural Reserve District
The character of the Agriculture/Rural Reserve (AG/RR) District is defined as that which is primarily intended for agriculture uses including, but not limited to, row crop or livestock production, forages, pasture, forestry, single family residential uses associated with agriculture uses and limited, very low density, rural non-farm related single family uses and not in (major) subdivisions. Its purposes are to encourage the continuation of agriculture uses, along with the associated single family residential uses, to discourage the development of residential subdivisions and non-farm-related nonresidential uses, to protect the environmentally sensitive areas, such as floodplain and steep slopes, and to maintain the character of the surrounding neighborhood. Therefore, the number of uses permitted in the AG/RR District is limited. Some uses are conditionally permitted. The conditions placed on these uses are to insure their compatibility with the agriculture-related uses. The development of new non-farm residential activities proximate to known mineral resource deposits or extraction operations may be buffered by increased setback distance.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,372
Basement Type: Finished
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 8
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Roof Covering Type: Metal
Roof Shape Type: Metal
Building Type: Single Family
Property Information
Living Sq. Ft: 1,372
Adjusted Gross Sq. Ft: 2,744
Building Sq. Ft: 2,744
# of Stories: 1
Legal Description: PT SW NW 17-9-2W 3.58A
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 784
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 155,945
Municipality Name: RICHLAND TOWNSHIP
Acres: 3.58
Zoning Code: AG/RR
County Use Description: SFR UNPLATTED 0-9.99 AC
Utility Information
Electricity / Wiring Type: Available
Financial
Assessor Information
Assessment Year: 2024
Tax District County: RICHLAND TOWNSHIP
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,372
Stories: 1.0
Lot Size: 3.58 acres
Style: Single Family Residential
Year Built: 1993
Year Renovated: 1993
County: Monroe County
APN: 530417200007000011
Home facts updated by county records on Jul 16, 2026
Around this home
Schools
Edgewood Primary School
Public K-2 • Assigned • 1.5mi
Edgewood Junior High School
Public 6-8 • Assigned • 1.8mi
6/10
Edgewood High School
Public 9-12 • Assigned • 1.7mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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 104° 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)
34
18
43
27
62
41
70
49
72
54
83
65
87
70
84
64
81
58
70
48
55
39
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
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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
$324,000 – $392,000
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