$1,900

closing credit¹

640 Pea Ridge Rd Spencer, IN 47460

$160,000
3 beds
1 full
1.0 acres
$109 / sqft
House

Property details

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.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Propane
StatusActive
CoolingCentral Air
Lot size1 Acres
Year built1965
MLS #202445632
FireplaceFamily Rm

Virtual tour

Summary

  • MLS Number: 202445632
  • 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. ©2011-2025 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: 2/3/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of home with a porch

$160,000

640 Pea Ridge Rd

$1,900

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$125,500$140
2021$96,300$135
2020$91,300$129
2019$81,000$285
2017$83,400$278

History based on county public records data.

Nearby schools

4

Spencer Elementary School

Public District PK-6

2.6 mi

151 E Hillside Ave

7

McCormick's Creek Elementary School

Public District KG-6

2.9 mi

1601 Flatwoods Rd

5

Edgewood Intermediate School

Public District 3-5

6.3 mi

7600 W Reeves Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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

How much money do the neighbors make?

42%
<35k
49%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

29%
Single, No Kids
9%
Single, with Kids
37%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
43%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • ChevroletChevrolet
  • GMCGMC

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

Frequently asked questions

About 640 Pea Ridge Rd

This home is located at 640 Pea Ridge Rd in Spencer, IN and zip code 47460. This home, which was built in 1965, sits on a 1.00 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $160,000.

While more than 2 listings in Spencer, IN in January 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. The inventory of homes for sale in Spencer, IN between December and January 2025 decreased by 16.7%. Listings spent 3 days on the market in January 2025, and had a median list price of $294,750 during the same period.

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

More resources