$394,900

1845 U S 231 Spencer, IN 47460

Estimated payment $2,164/month

2 Beds
2 Baths
1,517 Sq Ft
$260 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Laundry Room
  • Level Lot
  • 2 Car Detached Garage
  • Central Air

About This Home

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, laundry on main, living room goes out onto covered front porch, TV room on upper level that would also make for nice guest bedroom space. The dry basement could be finished out and offers a third 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.

Listing Agent

Rene West

West & Co., REALTORS Brokerage Phone: 812-585-0420 Listed on: 10/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 1948

Lot Details

  • 3.73 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1.5-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-10-31-200-220.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,167

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1948
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: IN N FRL S31 T10 R3 3.731 ACRES
  • Parcel Number ID: 60-10-31-200-220.000-027
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2441
  • Total Finished Sq Ft: 1517
  • Above Grade Finished Sq Ft: 1517
  • Below Grade Sq Ft: 924
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Living Great Room: Dimensions: 17x12, On Level: Main
  • Kitchen: Dimensions: 22x13, On Level: Main
  • Family Room: Dimensions: 18x11, On Level: Upper
  • Bedroom 1: Dimensions: 17x10, On Level: Main
  • Bedroom 2: Dimensions: 15x10, On Level: Main
  • Main Level Sq Ft: 1209
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 924

Exterior Features

  • Outbuilding1: 2nd Detached Garage, Dimensions: 38x14

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x28
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Other Heating System
  • Sewer: Septic
  • Water Utilities: City

Schools

  • Elementary School: Spencer

Lot Info

  • Lot Description: Level
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 162522
  • Estimated Lot Size Acres: 3.731

Tax Info

  • Annual Taxes: 1166.62

MLS Schools

  • High School: Owen Valley
  • Middle School: Owen Valley
  • School District: Spencer-Owen Community Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,214 $172,600 $43,700 $128,900
2023 $1,167 $162,700 $43,700 $119,000
2022 $1,109 $145,800 $40,200 $105,600
2021 $1,070 $131,100 $40,200 $90,900
2020 $980 $125,700 $40,200 $85,500
2019 $882 $113,000 $30,900 $82,100
2018 $734 $103,200 $21,500 $81,700
2017 $671 $98,800 $21,500 $77,300
2016 $664 $99,400 $21,500 $77,900
2014 $653 $97,000 $21,500 $75,500
2013 -- $91,400 $21,500 $69,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 For Sale $394,900 -- $260 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Deed $65,000 --
Quit Claim Deed -- None Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202544292

Indiana Regional MLS

APN: 60-10-31-200-220.000-027