For sale

$15,000

Est. $111/mo —

Studio

•

— ba

•

900

sq ft

931 Wesley Chapel Rd, Spencer, IN 47460

About this home

Conveniently located just a half mile off US Highway 231, this .48-acre property offers an opportunity for recreational use or the potential to build a new home. The existing home is uninhabitable, in deteriorating condition, and beyond repair. Property is best suited for buyers looking to utilize the land and explore the possibilities of a new build or recreational retreat. Bring your ideas and make the most of this property's potential!

Single-familyProperty Type

1940Year Built

0.48 acresLot Size

$17Price/Sq.Ft.

Listed by Christopher Wesley • RE/MAX Select Associates, Inc.

Listing updated: Oct 23, 2026 at 11:53am

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22133135

Payment calculator

$111 per month

Principal and interest$82

Property taxes

$22

HOA dues

Home insurance

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (4)

Around this home

Schools

K - 12
Preschool & daycare

Gosport Elementary School

Public PreK-6 • Assigned • 4.6mi

5/10

Owen Valley Middle School

Public 7-8 • Assigned • 5.8mi

6/10

Owen Valley Community High School

Public 9-12 • Assigned • 5.8mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

931 Wesley Chapel Rd · $15,000

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. (1497% higher than this home)

PRICE DROP

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

Property details

Exterior
Finance

Exterior

Home design
Single-family residence
One level

Utilities
Water source: Other
Sewage disposal: Other/See Remarks

Sale and tax history for 931 Wesley Chapel Rd

Sale History
Tax History

Date

Event

Price

MIBOR as Distributed by MLS Grid #22133135

Oct 23, 2026

Listed

$15,000

$17/sq ft

IRMLS #202643888

Oct 23, 2026

Listed

$15,000

$17/sq ft

Conveniently located just a half mile off US Highway 231, this . 48-acre property offers an opportunity for recreational use or the potential to build a new home. The existing home is uninhabitable, in deteriorating condition, and beyond repair. Property is best suited for buyers looking to utilize the land and explore the possibilities of a new build or recreational retreat. Bring your ideas and make the most of this property's potential!

Year

Property tax

Land + Additions

Assessment*

2024

$251 (−2.5%)

$11,800 + $7,500

$19,300

2023

$257 (+58.6%)

$11,800 + $6,700

$18,500

2022

$162 (+13.5%)

$11,800 + $30,000

$41,800

2021

$143 (+5.0%)

$11,800 + $20,600

$32,400

2020

$136 (+1.2%)

$11,800 + $19,500

$31,300

2019

$135 (−0.6%)

$11,800 + $17,200

$29,000

2018

$135 (+9.2%)

$11,800 + $17,200

$29,000

2017

$124 (+3.3%)

$11,800 + $14,300

$26,100

2016

$120 (−34.8%)

$11,800 + $14,300

$26,100

2015

$184 (+54.6%)

$11,800 + $14,200

$26,000

2013

$119

$11,800 + $13,800

$25,600

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.48 Acres

Year renovated

1940

Finished Sq. Ft.

900

Unfinished Sq. Ft.

—

Total Sq. Ft.

900

Year built

1940

Style

Single Family Residential

County

Owen County

APN

600721300300001024

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 9, 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 103° expected this year, 18 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

100/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 1% for direct sun exposure in Spencer. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.1 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 931 Wesley Chapel Rd

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

Nearby homes have recently sold between $78,000 and $200,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $78K to $200K.

SOLD SEP 4, 2026
$90,500 Last sold price
2 beds1 bath894 sq ft
5158 Orange Grv, Gosport, IN 47433
$84/sq ft
smaller lot
SOLD AUG 11, 2026
$200,000 Last sold price
3 beds1.5 baths1,200 sq ft
6472 N US Hwy 231 Hwy, Spencer, IN 47460
$150/sq ft
larger lot
56 years newer
SOLD OCT 20, 2026
$168,000 Last sold price
2 beds1 bath1,408 sq ft
378 W Hillside Ave, Spencer, IN 47460
$102/sq ft
smaller lot
40 years older
SOLD APR 17, 2026
$139,000 Last sold price
3 beds1 bath888 sq ft
257 Lincoln St, Spencer, IN 47460
$140/sq ft
smaller lot
27 years newer
SOLD JUL 17, 2026
$195,000 Last sold price
3 beds1.5 baths1,115 sq ft
311 E Romona Rd, Gosport, IN 47433
$158/sq ft
smaller lot
41 years newer
SOLD SEP 1, 2026
$78,000 Last sold price
1 bed1 bath364 sq ft
6590 Rudy, Gosport, IN 47433
$197/sq ft
larger lot
70 years newer

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Early Access listings

EARLY ACCESSREDFIN COMING SOON

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EARLY ACCESSREDFIN COMING SOON

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New listings for sale in 47460

NEW 5 HRS AGO

$15,000

Studio— baths900 sq ft

931 Wesley Chapel Rd, Spencer, IN 47460

NEW 8 HRS AGO

$199,900

2 beds1 bath840 sq ft

75 W Clay St, Spencer, IN 47460

NEW 25 HRS AGO

$179,900

5 beds2 baths2,100 sq ft

257-259 S Montgomery St, Spencer, IN 47460

$360,000

3 beds2 baths2,224 sq ft

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$275,000

3 beds2 baths1,292 sq ft

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$315,000

3 beds2 baths1,680 sq ft

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$149,000

2 beds1 bath1,156 sq ft

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VIDEO TOUR

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3 beds3.5 baths2,700 sq ft

4006 Little Creek Dr S, Spencer, IN 47460

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 (4)

Around this home

Schools

Lifestyle

Market insights

Property details

Sale and tax history for 931 Wesley Chapel Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 931 Wesley Chapel Rd

Early Access listings

Nearby similar homes

New listings for sale in 47460

More real estate resources