640 Pea Ridge Rd Spencer, IN 47460
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
(Cont-AccptngBackupOffers)
Virtual tour
Summary
- Full Bathrooms: 1
- Fireplace: Family Rm
- Total Bedroom Count: 3
- Exterior: Vinyl
- Architectural Style: Ranch
- Heating: Natural Gas, Propane
- Cooling: Central Air
- List Price: $155,000
- Price/SqFt: $105
- Annual Tax Amount: $140
- Tax Year: 2023
- Lot: Wooded
- 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.
- Year Built: 1965
- Lot Size: 1 Acres
- MLS Number: 202445632
- Office Name: Century 21 Scheetz - Bloomington
- Office Phone: (812) 320-3891
- Listing Agent: Crystal Russell
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: 5/31/2025, 10:21:03 PM 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
$155,000
640 Pea Ridge Rd
$1,841
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
| Year | Assessment | Property 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.
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. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
Chevrolet
GMC
What do the neighbors listen to?
Classic Country
New Country- Country
Frequently asked questions
About 640 Pea Ridge Rd
The listing price of 640 Pea Ridge Rd property is $155,000.
The property 640 Pea Ridge Rd is a house located in Spencer, Indiana, 47460.
Accepting Backup Offers: 640 Pea Ridge Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 640 Pea Ridge Rd are: Spencer Elementary School (GreatSchools Rating 4/10), McCormick's Creek Elementary School (GreatSchools Rating 7/10), Edgewood Intermediate School (GreatSchools Rating 5/10), Owen Valley Middle School (GreatSchools Rating 6/10), Edgewood Junior High School (GreatSchools Rating 5/10), Tri-North Middle School (GreatSchools Rating 6/10), Owen Valley Community High School (GreatSchools Rating 4/10), Edgewood High School (GreatSchools Rating 5/10), Seven Oaks Classical School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $140 (source: MLS/based on county public records data).
The property at 640 Pea Ridge Rd has 3 bedrooms and 1 bathroom.
The year of construction for 640 Pea Ridge Rd is 1965.
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 $155,000.
Over 1 listings were sold over their listed price in April 2025 in Spencer, IN. In the same period over 6 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Spencer, IN between March and April 2025 increased by 17.7%. While the average time on the market in April 2025 was 84 days, the median list price was $300,000.