new - 6 days on rocket

640 Pea Ridge Rd, Spencer, IN, 47460

$180,000

Home List Price

$2,138*

Closing Credit

3 Bedrooms
1 Full Bath
$122/SqFt
House

Location

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640 Pea Ridge Rd, Spencer$180,000

Buyer Closing Credits

$2,138*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1965
HeatingNatural Gas, Propane
CoolingCentral Air
FireplaceFamily Rm
MLS #202445632
Lot Size1.00 Acres
StatusActive

About 640 Pea Ridge Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1965

Listing Office:

  • Office Name: Century 21 Scheetz - Bloomington
  • Office Phone: (812) 320-3891
  • Listing Agent: Crystal Russell

Interior Features

Interior Information:

  • Fireplace: Family Rm

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Vinyl

Virtual/3D Tour

  • Virtual Tour: 640 Pea Ridge Rd
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Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Propane
  • Cooling: Central Air

Other

Directions 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $180,000
  • Price Per SqFt: $122/SqFt

Tax Information:

  • Annual Amount: $132
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Spencer, IN.

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Spencer, IN

City

Med. Sold Price

$285K

Med. Price/SqFt

$153

Avg. Days On Market

40

# of Sold Homes

15

640 Pea Ridge Rd vs Spencer

6 DAYS ON ROCKET

-34 Days

$180,000

-$105K Less

$122/SqFt

-$31 Less

KEY TAKEAWAY

This property is $105K less than the Median Sold Price and $31/SqFt less than other homes in Spencer, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #202445632

Listing Office:

  • Office Name: Century 21 Scheetz - Bloomington
  • Office Phone: (812) 320-3891
  • Listing Agent: Crystal Russell

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$132$91,300
2019$286$81,000
2017$279$83,400

History based on county public records data.

Payment Calculator

$966

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3799269
4
/10

  • Spencer Elementary School

  • 151 E Hillside Ave

  • 2.59 miles

  • Public District Grades PK-6

school-card-donut-3799270
7
/10

  • McCormick's Creek Elementary School

  • 1601 Flatwoods Rd

  • 2.89 miles

  • Public District Grades KG-6

school-card-donut-3799271
5
/10

  • Edgewood Intermediate School

  • 7600 W Reeves Rd

  • 6.31 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,766. The most common annual income of people living in Spencer, IN is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 640 Pea Ridge Rd

What is the listing price of this property?

The listing price of 640 Pea Ridge Rd property is $180,000.

What type of property is this?

The property 640 Pea Ridge Rd is a house located in Spencer, Indiana, 47460.

Is this property for sale now?

Active Listing: 640 Pea Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $132 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 640 Pea Ridge Rd has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 640 Pea Ridge Rd is 1965.

Rocket Homes›Indiana›Owen County›Spencer›47460›640 Pea Ridge Rd

This home is located at 640 Pea Ridge Rd in Spencer, IN and zip code 47460. This home was built in 1965. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $180,000.

In November 2024 more than 3 listings in Spencer, IN were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 6 were sold below. In November 2024 in Spencer, IN there were 3.3% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $285,000, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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