SOLD SEP 4, 2026

Sold on sep 2026

$220,000

•

2,523

sq ft

5088 S Ray Rd, Underwood, IN 47177

Track this home’s value and nearby sales activity

About this home

Public Remarks: If you're looking for privacy, acreage, and endless potential — this is it! Investor special sitting on two parcels totaling 23.7 heavily wooded acres (8.75 acres + 14.95 acres) with scenic views, abundant wildlife, and a pond perfect for fishing right on your own property. This walkout ranch needs TLC but offers incredible opportunity for an investor, hunting retreat, rental property, or private country escape. The home features 2 bedrooms upstairs, 1 bedroom in the finished walkout basement, two wood-burning fireplaces, an attached 2-car garage, and a functional layout with a breakfast bar, bay window dining area, and generous living spaces. Relax on the porch surrounded by mature shade trees and peaceful nature views. Rare chance to own this much land, privacy, and potential all in on

Single-familyProperty Type

1989Year Built

8.75 acresLot Size

$87Price/Sq.Ft.

1 car garageParking

Listed by Jay Arora • 85W Real Estate

Bought with Jay Arora • 85W Real Estate

Redfin checked: 2 minutes ago

•Source:Metro Search MLS #1719532

Redfin Estimate

$223,967

$3,967 since sold in September 2026$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.4% lower than the average sale price ($253K) of 6 comparable homes.

SOLD OCT 2, 2026
$239,900
A
3 beds2 baths1,704 sq ft
133 N Michael Dr, Scottsburg, IN 47170
SOLD MAR 6, 2026
$360,000
B
3 beds2 baths2,020 sq ft
55 N Moon Rd, Scottsburg, IN 47170
SOLD JUN 24, 2026
$221,000
C
3 beds2 baths2,600 sq ft
8934 Brownstown Rd, Henryville, IN 47126
SOLD JUL 24, 2026
$255,000
D
3 beds2 baths1,684 sq ft
1614 W Monique Dr, Scottsburg, IN 47170
GreenTree Real Estate Services
SOLD MAY 8, 2026
$235,000
E
3 beds2 baths1,863 sq ft
2452 E Werewolf Ln, Underwood, IN 47177
SOLD MAY 26, 2026
$205,900
F
3 beds2 baths1,135 sq ft
3195 S Boatman Rd, Scottsburg, IN 47170

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Market trends in 47177, IN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

94.0%

3.9% MoM

Median sale price

$228K

$87K MoM

Avg. days on market

49d

9 days MoM

Recently sold homes

1 MoM

New listings for sale

$100,000
2 beds1 bath720 sq ft
802 E County Line Rd, Underwood, IN 47177
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Provided by Redfin

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Rental estimate

Est. $2,642 per month, based on comparable rentals

Sale and tax history for 5088 S Ray Rd

Sale History
Tax History

Date

Event

Price

Metro Search MLS #1719532

Sep 4, 2026

Sold

$220,000

$87/sq ft

Aug 19, 2026

Price Changed

$265,000

$105/sq ft

Aug 3, 2026

Price Changed

$285,000

$113/sq ft

Jul 2, 2026

Price Changed

$299,999

$119/sq ft

Jun 18, 2026

Price Changed

$341,999

$136/sq ft

Jun 10, 2026

Price Changed

$379,999

$151/sq ft

Jun 4, 2026

Listed

$399,999

$159/sq ft

SIRA #202608788

Sep 4, 2026

Sold

$220,000

$87/sq ft

Aug 25, 2026

Delisted

—

Aug 17, 2026

Price Changed

$265,000

$105/sq ft

Aug 3, 2026

Price Changed

$285,000

$113/sq ft

Jul 3, 2026

Price Changed

$299,999

$119/sq ft

Jun 15, 2026

Price Changed

$341,999

$136/sq ft

Jun 8, 2026

Price Changed

$379,999

$151/sq ft

Jun 1, 2026

Listed

$399,999

$159/sq ft

+38

23+ ACRES - If you’re looking for privacy, acreage, and endless potential — this is it! Investor special sitting on two parcels totaling 23.7 heavily wooded acres (8.75 acres + 14.95 acres) with scenic views, abundant wildlife, and a pond perfect for fishing right on your own property. This walkout ranch needs TLC but offers incredible opportunity for an investor, hunting retreat, rental property, or private country escape. The home features 2 bedrooms upstairs, 1 bedroom in the finished walkout basement, two wood-burning fireplaces, an attached 2-car garage, and a functional layout with a breakfast bar, bay window dining area, and generous living spaces. Relax on the porch surrounded by mature shade trees and peaceful nature views. Rare chance to own this much land, privacy, and potential all in one property!

Public Records

Dec 23, 2011

Sold

$170,000

$67/sq ft

Public Records

Nov 9, 2011

Sold

$153,000

$61/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$380 (−21.9%)

$38,100 + $10,700

$48,800

2024

$487 (+0.3%)

$35,500 + $10,500

$46,000

2023

$486 (+15.6%)

$35,500 + $10,700

$46,200

2022

$420 (+10.6%)

$35,500 + $10,200

$45,700

2021

$380 (+3.3%)

$32,500 + $9,300

$41,800

2020

$368 (−71.2%)

$32,500 + $8,600

$41,100

2019

$1,279 (+3.9%)

$32,500 + $123,000

$155,500

2018

$1,230 (+5.8%)

$28,900 + $121,600

$150,500

2017

$1,163 (+3.6%)

$30,500 + $116,200

$146,700

2016

$1,123 (−1.0%)

$31,200 + $111,800

$143,000

2015

$1,134 (−13.3%)

$31,800 + $111,800

$143,600

2013

$1,308

$29,900 + $113,700

$143,600

Public record

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8.75 Acres

Year renovated

1989

Sq. Ft.

1,442

Year built

1989

Style

Single Family Residential

County

Scott County

APN

721014200024001001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

Property details

Parking

Parking Information
Garage Spaces: 1.0
Parking Features: Detached, None

Interior

Bedroom Information
Bedrooms Total: 3
First Floor PBR: Yes
Primary Bedroom Level: First
# Upper Floor Bedrooms: 0.0
# 2nd Floor Bedrooms: 0.0
# 1st Floor Bedrooms: 3
# Basement Bedrooms: 0.0
Primary Bedroom: Yes

Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 0

Kitchen & Dining Information
Dining Area: Yes
Dining Area Level: First
Kitchen: Yes
Kitchen Level: First

Interior Features
# of Rooms: 7

Living Areas
Family Room: Yes
Family Room Level: First
Living Room: Yes
Living Room Level: First

Other Room Information
# of Rooms: 7
Rooms Total: 7
Basement Y/N: Yes
Basement: Walkout Finished
Bedroom: Yes
Bedroom Level: First
Dining Area: Yes
Dining Area Level: First
Fireplaces Total: 0
Kitchen: Yes
Kitchen Level: First
First Floor Laundry: Yes
Primary Bedroom: Yes
Primary Bedroom Level: First

Room 1 Information
Room 1 Level: First
Room 1 Type: Bedroom

Room 2 Information
Room 2 Level: First
Room 2 Type: Bedroom

Room 3 Information
Room 3 Level: First
Room 3 Type: Dining Area

Room 4 Information
Room 4 Level: First
Room 4 Type: Family Room

Room 5 Information
Room 5 Level: First
Room 5 Type: Kitchen

Room 6 Information
Room 6 Level: First
Room 6 Type: Living Room

Room 7 Information
Room 7 Level: First
Room 7 Type: Primary Bedroom

Exterior

Lot Description
Lot Size Acres: 23.75
Lot Size Area: 23.75
Lot Size Units: Acres

Property Information
Property Sub Type: Single Family Residence
Residential
Architectural Style: Ranch

Subdivision / Condo Amenities
Subdivision Name: NONE

Building Information
Building Area Source: Other
Building Area Total: 1442.0
Stories: 1
Year Built: 1989
Roof: Shingle
Foundation Details: Poured Concrete
Construction Materials: Wood Frame, Stone
Above Grade Finished: 1,442
Below Grade Finished: 1,081
Below Grade Unfin: 361
Living Area: 2523.0

Financial

Tax Information
Tax Block: 0000
Tax Lot: 0000

Utilities

Utility Information
Utilities: Electricity Connected

Heating
Heating Y/N: Yes

Location

HOA Information
Association Fee: 0.0

Neighborhood Information
Subdivision Name: NONE

Location Information
Directions: Get on I-264 W Continue on I-264 W. Take I-65 N to IN-160 E in Henryville. Take exit 19 from I-65 N Take US-31 N and County Line Rd W to S Ray Rd in Finley Township 5088 S Ray Rd Underwood, IN 47177

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,442
Stories: 1.0
Lot Size: 8.75 acres
Style: Single Family Residential
Year Built: 1989
Year Renovated: 1989
County: Scott County
APN: 721014200024001001

Home facts updated by county records on Sep 14, 2026

Other

Listing Date Information
Documents Change Timestamp: 2026-10-05T05:16:24Z

Around this home

Schools

Vienna-Finley Elementary School

Public K-5 • Assigned • 4.1mi

6/10

Scottsburg Middle School

Public 6-8 • Assigned • 5.6mi

7/10

Scottsburg Senior High School

Public 9-12 • Assigned • 5.1mi

7/10

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

4/10 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

Underwood, IN • 47177

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

90/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.4 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$213,000 – $258,000

Sell confidently with a local market expert in Underwood.

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New listings for sale in 47177

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Home values near 5088 S Ray Rd

Data from public records.

Address	Redfin Estimate
4863 S Ray Road, Underwood, IN 3 Beds \| 3 Baths \| 2078 Sq. Ft.	$493,154
6010 S Bloomington Trail, Underwood, IN - Beds \| - Baths \| - Sq. Ft.	$88,943

Address	Redfin Estimate
4892 S Ray Road, Underwood, IN 3 Beds \| 1 Baths \| 1680 Sq. Ft.	$173,397
2557 W Fairview Road, Underwood, IN 2 Beds \| 1 Baths \| 2116 Sq. Ft.	$224,309

Address	Redfin Estimate
2835 W Fairview Road, Underwood, IN 3 Beds \| 2 Baths \| 2072 Sq. Ft.	$264,497
2672 W Fairview Road, Underwood, IN 3 Beds \| 2 Baths \| 1726 Sq. Ft.	$235,482

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

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5088 S Ray Rd, Underwood, IN 47177

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About this home

Redfin Estimate

Market trends in 47177, IN

Homeowner tools

Sale and tax history for 5088 S Ray Rd

Public record

Property details

Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 47177

Home values near 5088 S Ray Rd

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