222 Pea Ridge Rd Spencer, IN 47460
Estimated payment $815/month
About This Lot
Discover the perfect setting for your dream home on this exquisite 11.78-acre building lot. Nestled among towering oaks, this property offers the best of both worlds: serene country living with the convenience of being just minutes from town and modern amenities. The lot is already equipped with essential utilities, including a concrete block basement, natural gas, a well, and electricity. Enjoy the natural beauty of rolling hills, marketable timber, and abundant wildlife that complete this idyllic landscape. Please note: The property is being sold "as is." Do not enter the property without a scheduled appointment with an agent. The listing agent is related to the seller.
Listing Agent
Carpenter, REALTORS-Bloomington Brokerage Phone: 812-585-4792 Listed on: 03/26/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $509
Lot Details
- 11.78 Acre Lot
- Property fronts a county road
- Finished Lot(s)
Schools
- Mccormicks Creek Elementary School
- Owen Valley Middle School
- Owen Valley High School
Farming
- Agricultural
Utilities
- Heating System Uses Gas
- Well
Listing and Financial Details
- Assessor Parcel Number 60-10-32-400-290.000-027
Map
Home Values in the Area
Average Home Value in this Area
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 | $509 | $35,600 | $28,100 | $7,500 |
| 2023 | $529 | $34,600 | $27,600 | $7,000 |
| 2022 | $535 | $32,700 | $27,000 | $5,700 |
| 2021 | $560 | $30,500 | $26,800 | $3,700 |
| 2020 | $542 | $30,300 | $26,700 | $3,600 |
| 2019 | $483 | $25,500 | $22,000 | $3,500 |
| 2018 | $412 | $21,500 | $18,100 | $3,400 |
| 2017 | $406 | $21,600 | $18,400 | $3,200 |
| 2016 | $399 | $21,700 | $18,500 | $3,200 |
| 2014 | $432 | $22,900 | $18,600 | $4,300 |
| 2013 | -- | $22,400 | $18,300 | $4,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Price Changed | $140,000 | -8.4% | -- |
| 03/26/2025 03/26/25 | For Sale | $152,900 | -- | -- |
Source: Indiana Regional MLS
MLS Number: 202510203
APN: 60-10-32-400-290.000-027
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