Remodeled home on 3.731 acres. This home has been renovated inside and out. Large eat-in kitchen with island, tons of cabinetry and new stainless appliances, 2 bedrooms on main level, with one being primary bedroom suite, 3rd bedroom on upper level that is 18x11 ,laundry on main, living room goes out onto covered front porch. The dry basement could be finished out and offers a fourth bedroom area. 28x24 detached garage and a second detached garage 14x38 that would make for great storage for motor home or boat with the extra overhead door height. Plenty of space for garden, recreation and possible extra build site. Located just a couple of miles out of town.
Active
Price cut: $6K (2/5)
$388,900
1845 S Us Highway 231, Spencer, IN 47460
2beds
1,517sqft
Est.:
Single Family Residence
Built in 1948
3.73 Acres Lot
$371,400 Zestimate®
$--/sqft
$-- HOA
What's special
Laundry on mainCovered front porchPrimary bedroom suiteNew stainless appliancesTons of cabinetry
- 155 days |
- 476 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: February 05, 2026 at 09:21am
Listed by:
Rene West Cell:812-585-0420,
West & Co., REALTORS
Source: IRMLS,MLS#: 202544292
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Family room
- Level: Upper
- Area: 198
- Dimensions: 18 x 11
Kitchen
- Level: Main
- Area: 286
- Dimensions: 22 x 13
Living room
- Level: Main
- Area: 204
- Dimensions: 17 x 12
Heating
- Natural Gas, Other
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Electric Range
Features
- Basement: Full,Block
- Has fireplace: No
Interior area
- Total structure area: 2,441
- Total interior livable area: 1,517 sqft
- Finished area above ground: 1,517
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 3.73 Acres
- Features: Level
Details
- Additional structures: Second Garage
- Parcel number: 601031200220.000027
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Other
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Septic Tank
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Spencer
Financial & listing details
- Tax assessed value: $172,600
- Annual tax amount: $1,166
- Date on market: 10/31/2025
Estimated market value
$371,400
$353,000 - $390,000
$1,649/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Price change | $388,900-1.5% |
Source:  IRMLS #202544292 Report a problem | ||
| 10/31/2025 | Listed for sale | $394,9000% |
Source: IRMLS #202544292 Report a problem | ||
| 10/25/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/20/2025 | Price change | $395,000-1.3%$260/sqft |
Source: Owner Report a problem | ||
| 9/12/2025 | Listed for sale | $400,000+175.9%$264/sqft |
Source: Owner Report a problem | ||
| 7/19/2024 | Sold | $145,000-27.1%$96/sqft |
Source:  MIBOR as distributed by MLS GRID #21983573 Report a problem | ||
| 7/3/2024 | Pending sale | $199,000$131/sqft |
Source: MIBOR as distributed by MLS GRID #21983573 Report a problem | ||
| 6/24/2024 | Price change | $199,000-5.2%$131/sqft |
Source: MIBOR as distributed by MLS GRID #21983573 Report a problem | ||
| 6/6/2024 | Listed for sale | $210,000+600%$138/sqft |
Source: MIBOR as distributed by MLS GRID #21983573 Report a problem | ||
| 6/13/2014 | Sold | $30,000-24.8%$20/sqft |
Source: MIBOR as distributed by MLS GRID #21273804 Report a problem | ||
| 2/5/2014 | Listed for sale | $39,900-38.6%$26/sqft |
Source: RE/MAX Select Associates #201402548 Report a problem | ||
| 11/8/2013 | Sold | $65,000-18.6%$43/sqft |
Source: Agent Provided Report a problem | ||
| 7/11/2013 | Listing removed | $79,900$53/sqft |
Source: Listhub #432162 Report a problem | ||
| 1/12/2013 | Listed for sale | $79,900$53/sqft |
Source: Dan Rarey Real Estate #20130177 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,167 +5.2% | $172,600 +6.1% |
| 2023 | $1,109 +3.7% | $162,700 +11.6% |
| 2022 | $1,070 +9.2% | $145,800 +11.2% |
| 2021 | $980 +11.1% | $131,100 +4.3% |
| 2020 | $882 +20.2% | $125,700 +11.2% |
| 2019 | $734 +9.3% | $113,000 +9.5% |
| 2018 | $671 +1.2% | $103,200 +4.5% |
| 2017 | $664 | $98,800 -0.6% |
| 2016 | $664 +0.3% | $99,400 +2.5% |
| 2014 | $662 +1.4% | $97,000 +6.1% |
| 2013 | $653 +219.4% | $91,400 -1.2% |
| 2012 | $204 +208.8% | $92,500 +10.3% |
| 2011 | $66 -37.7% | $83,900 -2.8% |
| 2010 | $106 -36.6% | $86,300 -5.4% |
| 2009 | $168 -55.4% | $91,200 +2.1% |
| 2007 | $376 -2.8% | $89,300 +1.9% |
| 2006 | $386 | $87,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,089/mo
Principal & interest
$1872
Property taxes
$217
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Climate risks
Neighborhood: 47460
Nearby schools
GreatSchools rating
- 3/10Spencer Elementary SchoolGrades: PK-6Distance: 2.3 mi
- 7/10Owen Valley Middle SchoolGrades: 7-8Distance: 1.8 mi
- 4/10Owen Valley Community High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Spencer
- Middle: Owen Valley
- High: Owen Valley
- District: Spencer-Owen Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 47460
- Indiana
- Owen County
- Spencer
- 47460
- 1845 S Us Highway 231
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