$235,900
SOLD JUN 16, 2025

2381 Ponderosa Rd Spencer, IN 47460

1 Bed
1 Bath
888 Sq Ft
7.89 Acres

Recently Sold

$266 Per Sq Ft

4 Days on Market

Highlights

  • Mature Trees
  • Ranch Style House
  • Thermal Windows
  • Cathedral Ceiling
  • No HOA
  • Porch

About This Home

As of June 2025

Peaceful Country Living on Nearly 8 Wooded Acres - Completely Renovated Ranch! Welcome to your serene escape! This move-in ready 1-bedroom, 1-bath ranch home offers the best of both comfort and nature on 7.89 private wooded acres. Completely renovated in 2021, this home looks, feels, and even smells like brand new construction-without the wait! Step inside and you'll be greeted by the crisp, clean ambiance of a freshly finished home. The updated kitchen features butcher block countertops, a breakfast bar, stainless steel appliances, and stylish tile flooring. A charming corner window over the sink offers a beautiful view of your private pond-a peaceful backdrop for your morning coffee or evening dishes. Soaring 10-foot ceilings and two oversized picture windows in the great room fill the space with natural light and offer stunning views of local wildlife. The generous open layout also provides flexibility to convert the great room into a second bedroom if desired-or simply add a fold-out couch to comfortably accommodate guests. Every detail has been thoughtfully updated: New metal roof and Hardiboard/metal siding. All-new plumbing, electrical, and flooring. Electric mini-split system for efficient heating and cooling. Smart LED lighting throughout. Spray foam insulation-including in the crawl space-for year-round comfort and energy savings. Stay connected with high-speed internet, and take advantage of the powered shed with internet access-ideal for a home office, workshop, or studio. Enjoy quiet evenings on the new front porch, fish in your pond, or explore the natural beauty of Cataract Falls State Recreation Area-just 1.7 miles away. You're also within a short drive of Lieber State Park and McCormick's Creek State Park. Washer and dryer included, and the driveway has been freshly graveled for easy year-round access. Whether you're seeking a peaceful weekend retreat, a full-time residence, or a manageable downsized home, this beautifully rebuilt ranch

Last Agent to Sell the Property

Andy Ludlow

eXp Realty, LLC Brokerage Email: abrl9475@gmail.com License #RB15001428 Listed on: 05/14/2025

eXp Realty, LLC

Last Buyer's Agent

Wendy Blevins

Yazel Group Real Estate Sales License #RB18000120

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 7.89 Acre Lot
  • Rural Setting
  • Mature Trees
  • Wooded Lot

Parking

  • Guest Parking

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Bungalow
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 888 Sq Ft Home
  • Woodwork
  • Cathedral Ceiling
  • Paddle Fans
  • Thermal Windows
  • Vinyl Clad Windows
  • Smart Lights or Controls

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Multiple Outdoor Decks
  • Patio
  • Fire Pit
  • Shed
  • Storage Shed
  • Outbuilding
  • Porch

Schools

  • Cloverdale Elementary School
  • Cloverdale Middle School
  • Cloverdale High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Metes & Bounds
  • Assessor Parcel Number 600601300310000021
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,558

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1955
  • Building Area Total: 888
  • Garage Y N: No
  • Lot Size Acres: 7.89
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: abrl9475@gmail.com
  • Attribution Contact: abrl9475@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Laundry Connection in Unit, MicroHood, Gas Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Raised Ceiling(s), Paddle Fan, Hi-Speed Internet Availbl, Windows Thermal, Windows Vinyl, Wood Work Painted
  • Living Area: 888
  • Main Level Bedrooms: 1
  • Areas Interior: Laundry in Unit,Utility Room
  • Eating Area: Dining Combo/Family Room,Dining Combo/Great Room,Dining Combo/Kitchen,Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 888
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Cement Siding, Other
  • Exterior Features: Barn Storage, Gutter Guards, Out Building With Utilities, Outdoor Fire Pit, Smart Light(s), Storage Shed
  • Foundation Details: Block
  • List Price: 235900
  • Patio And Porch Features: Deck Main Level, Deck UP, Multiple Decks, Open Patio, Porch Open
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Gravel, Guest Parking, RV Access/Parking

Utilities

  • Cooling: Ductless, Wall Unit(s)
  • Electric: 200+ Amp Service
  • Heating: Simple Vent No Duct Work, SpaceWallUnit
  • Laundry Features: Laundry Room, Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Cloverdale Middle School

Lot Info

  • Lot Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 343688
  • Parcel Number: 600601300310000021
  • Acres: 5-10 Acres
  • Price Acre: 29899

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1558
  • Tax Lot: Metes & Bounds
  • Semi Annual Property Tax Amt: 779

MLS Schools

  • Elementary School: Cloverdale Elementary School
  • High School: Cloverdale High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Terry Ford Living Trust and Duncan Amanda
Bought by
Duncan Amanda K
Current Estimated Value
$228,493

Purchase Details

Closed on
Mar 27, 2024
Sold by
Ford Terry
Bought by
Terry Ford Living Trust and Ford

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 21, 2023
Sold by
Carrell Steven Tyler and Carrell Raeanna
Bought by
Ford Terry
Seller's Agent
Sherri Walstrom
Carpenter, REALTORS®
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$215,000
Sold Price
$215,000
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%

Purchase Details

Closed on
Jan 27, 2021
Sold by
Dockery Mary M
Bought by
Carrell Steven Tyler and Carrell Raeanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
2.67%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 11, 2013
Closed on
Sep 2, 2014
Sold by
Lahr Mary L and Lahr Brian E
Bought by
Napier Mary M
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $215,000 Chicago Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $137,500 New Conventional
Previous Owner $54,500 Future Advance Clause Open End Mortgage
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $235,900 0.0% $266 / Sq Ft
05/18/2025 05/18/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $235,900 +9.7% $266 / Sq Ft
02/21/2023 02/21/23 Sold $215,000 0.0% $242 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $215,000 +258.9% $242 / Sq Ft
09/02/2014 09/02/14 Sold $59,900 0.0% $67 / Sq Ft
08/09/2014 08/09/14 Pending -- -- --
11/11/2013 11/11/13 For Sale $59,900 -- $67 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $1,559 $106,700 $35,900 $70,800
2023 $498 $91,900 $24,900 $67,000
2022 $479 $88,400 $23,800 $64,600
2021 $411 $67,400 $23,300 $44,100
2020 $482 $65,200 $21,300 $43,900
2019 $392 $56,800 $19,700 $37,100
2018 $396 $55,200 $19,800 $35,400
2017 $403 $55,500 $20,300 $35,200
2016 $402 $56,000 $20,600 $35,400
2014 $364 $50,900 $20,800 $30,100
2013 -- $48,900 $20,100 $28,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22038690

MIBOR Broker Listing Cooperative®

APN: 60-06-01-300-310.000-021