1845 S  US Highway 231, Spencer, IN 47460
FOR SALE
OPEN THU, 5-7PM
3D VIEW
3.73 ACRES

1845 S US Highway 231
Spencer, IN 47460

  • 3 Beds
  • 2 Baths
  • 2,128 sqft (on 3.73 acres)

$386,900

Est. Mortgage $2,213/mo*

$386,900

Est. Mortgage $2,213/mo*
3 Beds
2 Baths
2,128 sqft
(on 3.73 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

**Open House Thursday, June 18th from 5-7pm ** Welcome home to this beautifully remodeled peaceful country property situated on almost 4 acres in Spencer! This charming home offers the perfect blend of modern updates and rural tranquility. Inside, you’ll find a spacious eat-in kitchen featuring an island, abundant cabinetry, and all new stainless steel appliances. The main level includes two bedrooms, including a private primary suite, convenient main-level laundry, and a cozy living room that opens to a covered front porch — perfect for enjoying quiet mornings or relaxing evenings. Upstairs offers a large additional bedroom or bonus space, while the basement provides excellent storage and potential for future finished living space. With plenty of room to spread out both inside and out, this property is ideal for those seeking privacy, space for hobbies, or simply a peaceful setting with easy access to town. Don’t miss this move-in ready home with acreage and endless possibilities!

Open House

Thursday, June 18
5:00 PM to 7:00 PM

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
27 days ago

Home Details for 1845 S US Highway 231

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: FullNumber of Rooms: 7Types of Rooms: Bedroom 1, Bedroom 2, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2128 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Microwave, Refrigerator, Electric RangeDishwasherLaundry: Electric Dryer Hookup,Washer HookupMicrowaveRefrigerator
Heating & Cooling
Heating: Natural Gas,OtherHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: NoneNo Fireplace
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One Half

Exterior Features

Exterior Home Features
Other Structures: Second Garage
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 2128 Square Feet

Days on Market

Days on Market: 27

Property Information

Year Built
Year Built: 1948
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Wood SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Parcel Number: 601031200220.000027

Price & Status

Price
List Price: $386,900

Location

Direction & Address
City: SpencerCommunity: None
School Information
Elementary School: SpencerElementary School District: Spencer-Owen Community SchoolsJr High / Middle School: Owen ValleyJr High / Middle School District: Spencer-Owen Community SchoolsHigh School: Owen ValleyHigh School District: Spencer-Owen Community Schools

Agent Information

Listing Agent
Listing ID: 202619540

Building

Building Area
Building Area: 3332 Square Feet

Lot Information

Lot Area: 3.73 Acres

Miscellaneous

BasementMls Number: 202619540Attribution Contact: Offc: 812-961-8000Above Grade Unfinished Area: 2128
Last check for updates: about 6 hours ago
Listing courtesy of Eweami Powers, (812) 961-8000
The Indiana Team LLC
Source: IRMLS, MLS#202619540
Also Listed on IRMLS.

Market trends in Spencer

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
51
12
MoM

Price History for 1845 S US Highway 231

DatePriceEventSource
05/22/2026$386,900Listed For SaleIRMLS #202619540
04/29/2026$388,900ListingRemovedIRMLS #202544292
02/05/2026$388,900PriceChange
IRMLS #202544292
10/31/2025$394,900Listed For SaleIRMLS #202544292
10/25/2025ListingRemovedN/A
10/20/2025$395,000PriceChange
N/A
09/12/2025$400,000Listed For SaleN/A
07/19/2024$145,000Sold
MIBOR as distributed by MLS GRID #21983573
07/03/2024$199,000PendingMIBOR as distributed by MLS GRID #21983573
06/24/2024$199,000PriceChange
MIBOR as distributed by MLS GRID #21983573
06/06/2024$210,000Listed For SaleMIBOR as distributed by MLS GRID #21983573
06/13/2014$30,000Sold
MIBOR as distributed by MLS GRID #21273804
02/05/2014$39,900Listed For SaleAgent Provided
11/08/2013$65,000Sold
N/A
07/11/2013$79,900ListingRemovedAgent Provided
01/12/2013$79,900Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
Tax$1,214
Assessment$228,900
Home facts updated by county records

Comparable Sales for 1845 S US Highway 231

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.51
Single-Family Home
$215,000
08/19/25
3
2
1,145
1.40
Single-Family Home
$720,000
07/28/25
3
2
3,175
2.01
Single-Family Home
$383,800
09/26/25
4
3
2,214
2.10
Single-Family Home
$220,000
09/02/25
3
2
1,314
1.99
Single-Family Home
$175,000
08/26/25
2
2
2,182
1.88
Single-Family Home
$423,000
06/18/26
6
3
3,780
2.13
Single-Family Home
$190,000
07/15/25
3
2
2,834
1.81
Single-Family Home
$105,000
02/27/26
3
1
928

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1845 S US Highway 231.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Spencer

At least 18 Trulia users voted on each feature.
  • 95 % Say parking is easy

  • 92 % Say car is needed

  • 92 % Say there's holiday spirit

  • 85 % Say yards are well-kept

  • 72 % Say it's quiet

  • 64 % Say it's walkable to grocery stores

  • 61 % Say kids play outside

  • 61 % Say it's walkable to restaurants

  • 59 % Say there are sidewalks

  • 59 % Say people would walk alone at night

  • 58 % Say there's wildlife

  • 57 % Say they plan to stay for at least 5 years

  • 56 % Say neighbors are friendly

  • 54 % Say it's dog friendly

  • 45 % Say streets are well-lit

  • 39 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jenny R.
    "I have lived here for 16 years. It’s a quiet, safe area to call home. More in the country and that is why there is it much trick-or-treating in my area."
  • Emily G.
    "We love the Pride festivities! The best parade in the area! Really a sight to see. Beautiful country side, as well. "
  • Jenniferdyson69
    "I haven't lived here long looking to find a place for my family near by. so far spencer is a nice place and I would love my blended family to start a life here. "
  • Dawn O.
    "I find this area to be peaceful where I can be left alone as I wish yet the community is friendly. I always see a familar face when I go somewhere. Its a small quaint town, exactly what I wanted to raise my children in. My 13 yo son is thriving in the Middle School and the Elementary has amazing programs for my 3 yo son with special needs. Although I live in the country, surrounded by trees, nature, birds,deer and racoon, I can be in town and the stores, restaurants within a 5 minute drive. My son has even ridden his bike."
  • Eldar U.
    "Only 25 minutes from Bloomington and other larger towsn, but enjoy country living with spectacular views of McCormick's Creek Park."
  • Milton M.
    "We are retired and have been here eight years. Summers are wonderful,fall is beautiful,winters are mild. The terrain is very hilly with good roads. This part of owen county is just like brown county which is fameous for it's beauty."

LGBTQ Local Legal Protections

Eweami Powers, The Indiana Team LLC
Agent Phone: (812) 961-8000
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
1845 S US Highway 231, Spencer, IN 47460 is a 3 bedroom, 2 bathroom, 2,128 sqft single-family home built in 1948. This property is currently available for sale and was listed by IRMLS on May 22, 2026. The MLS # for this home is MLS# 202619540.