Welcome to your own private slice of country paradise! Nestled on 2+ peaceful acres, this beautifully maintained 3-bedroom, 2-bath home offers the perfect blend of comfort, privacy, and move-in-ready convenience. From the moment you arrive, you'll appreciate the quiet setting, wide-open space, and endless possibilities this property has to offer. Inside, you'll find numerous updates already completed for you, including a brand-new furnace, newer roof, updated flooring, and refreshed bathrooms - giving you peace of mind and modern comfort from day one. The spacious layout is warm and inviting, making it easy to feel right at home. Outside is where this property truly shines! Enjoy your morning coffee surrounded by nature, create the garden of your dreams, host unforgettable summer BBQs, or simply relax and soak in the serenity of country living. The 2-car attached garage provides everyday convenience, while the detached garage/storage/mini barn offers incredible flexibility for hobbies, workshop space, extra storage, recreational toys, or even a future she shed or man cave. If you've been searching for quiet country living with room to roam, modern updates, and space to truly enjoy life outdoors - this is the one. Private, peaceful, and packed with potential, this property is ready for you to move right in and start making memories!
Pending
$229,900
5507 Patricksburg Rd, Spencer, IN 47460
3beds
1,475sqft
Residential, Single Family Residence
Built in 1995
2.07 Acres Lot
$-- Zestimate®
$156/sqft
$-- HOA
What's special
Spacious layoutBrand-new furnaceUpdated flooringRefreshed bathroomsNewer roof
- 27 days |
- 1,022 |
- 109 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michelle Chandler 317-413-8352,
Keller Williams Indy Metro S,
Ann Jackson 765-341-0027,
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 22100932
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Bedroom 2
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Bedroom 3
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Dining room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Great room
- Level: Main
- Area: 187 Square Feet
- Dimensions: 17x11
Kitchen
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Laundry
- Features: Other
- Level: Basement
- Area: 209 Square Feet
- Dimensions: 19x11
Heating
- Electric, Forced Air, Other
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Electric Oven, Refrigerator
- Laundry: In Basement
Features
- Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen
- Windows: WoodWorkStain/Painted
- Basement: Storage Space,Unfinished
Interior area
- Total structure area: 1,475
- Total interior livable area: 1,475 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Heated Garage, Gravel
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Fire Pit
- Has view: Yes
- View description: Pasture, Trees/Woods
Lot
- Size: 2.07 Acres
- Features: Rural - Not Subdivision
Details
- Additional parcels included: 601120400100000022
- Parcel number: 601129100010000022
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Spencer
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $198,700
- Annual tax amount: $1,020
- Date on market: 5/15/2026
- Cumulative days on market: 30 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Pending sale | $229,900$156/sqft |
Source:  MIBOR as distributed by MLS GRID #22100932 Report a problem | ||
| 5/15/2026 | Listed for sale | $229,900+31.4%$156/sqft |
Source: MIBOR as distributed by MLS GRID #22100932 Report a problem | ||
| 1/7/2021 | Sold | $175,000-5.4%$119/sqft |
Source: MIBOR as distributed by MLS GRID #21748882 Report a problem | ||
| 12/3/2020 | Price change | $184,900-5.1%$125/sqft |
Source: Home Team Properties #202043309 Report a problem | ||
| 11/13/2020 | Price change | $194,900-2.5%$132/sqft |
Source: Home Team Properties #202043309 Report a problem | ||
| 10/26/2020 | Listed for sale | $199,900$136/sqft |
Source: Home Team Properties #202043309 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,074 -4.7% | $198,700 +10.5% |
| 2024 | $1,127 +10.3% | $179,900 -1.3% |
| 2023 | $1,021 +27.9% | $182,300 +18.2% |
| 2022 | $799 +6.2% | $154,200 +26.9% |
| 2021 | $752 +30.1% | $121,500 +7% |
| 2020 | $578 +13.3% | $113,600 +20.5% |
| 2019 | $510 -3.1% | $94,300 +7% |
| 2018 | $527 +5.9% | $88,100 -2.4% |
| 2017 | $497 | $90,300 +3.2% |
| 2016 | $497 +9.7% | $87,500 +4.4% |
| 2014 | $453 +0.2% | $83,800 +3.8% |
| 2013 | $452 -13.7% | $80,700 -4.4% |
| 2012 | $524 -67.6% | $84,400 +2.1% |
| 2011 | $1,619 +5296.7% | $82,700 +5413.3% |
| 2010 | $30 +4% | $1,500 |
| 2009 | $29 +11.2% | $1,500 +7.1% |
| 2007 | $26 +11.3% | $1,400 |
| 2006 | $23 | $1,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47460
Nearby schools
GreatSchools rating
- 7/10Patricksburg Elementary SchoolGrades: PK-6Distance: 4.9 mi
- 7/10Owen Valley Middle SchoolGrades: 7-8Distance: 4.8 mi
- 4/10Owen Valley Community High SchoolGrades: 9-12Distance: 4.9 mi
Schools provided by the listing agent
- Elementary: Patricksburg Elementary School
- Middle: Owen Valley Middle School
- High: Owen Valley Community High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Owen County
- Spencer
- 47460
- 5507 Patricksburg Rd
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