$315,000
- 3 Beds
- 2 Baths
- 2,078 sqft (on 2.94 acres)
507 N US Highway 231, Spencer, IN 47460
Est. Mortgage $1,938/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 96% nearby.
Home Highlights
Single-Family Home
Built in 1965
2.94 acre lot
Open Parking
Local Information
-- mins to
About this House
WOW!! Check out this 2078sqft partial berm home. Come into the Beautiful family room with gas fire place 18x19 behind the barn door is laundry mechanical closet and storage. Step up into the hall to a flex space 16x11 with wood burning fire place and built ins , Off to the right is the master suit 10x15 with on suit master bath with soaker tub and stand up shower. Move into the large kitchen at 12 x16 plenty of space to prep and appliances stay. Off the kitchen is a dinning and living room combo at 12x24 with large picture windows over looking the hillside. From there you go down the hall to two bedrooms at 11x9 each and a second bath. Newer paint and wood floors through out the home also new light fixtures. Out side setting is a wooded area with 2.94ac with a fire pit, shelter house, and a new yard barn for storage. Will come with 1year Home Warranty. Close to Spencer and McCormick State Park, 28 minutes to Martinsville and Bloomington
Last check for updates: about 14 hours ago
Listing courtesy of Darren Gilmore, (812) 709-0859
CK Realty Homes
Source: IRMLS, MLS#202638251

Also Listed on IRMLS.
We estimate this home will sell faster than 96% nearby.
Home Details for 507 N US Highway 231
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MLS Status: Active |
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Interior Details Number of Rooms: 7Types of Rooms: Bedroom 1, Bedroom 2, Family Room, Kitchen, Living Room, Office |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2078 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Microwave, Refrigerator, Electric Cooktop, Electric OvenDishwasherLaundry: Main LevelMicrowaveRefrigerator |
Heating & Cooling Heating: Propane,Wood,Ceiling,Forced AirHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Propane |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Den, Family Room, Gas Log, Wood BurningHas a Fireplace |
Gas & Electric Electric: Duke Energy Indiana |
Windows, Doors, Floors & Walls Flooring: Laminate, Tile |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Laminate, Tile |
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Exterior Home Features Roof: MetalFencing: NoneOther Structures: ShedExterior: Fire PitFoundation: Slab |
Parking & Garage No GarageHas Open ParkingParking: Asphalt |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
Finished Area Finished Area (above surface): 2078 Square Feet |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1965 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Earth Home/Berm |
Building Construction Materials: Block, Vinyl Siding, LimestoneNot a New ConstructionIncludes Home Warranty |
Property Information Parcel Number: 601016400400.000027 |
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Price List Price: $315,000 |
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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 |
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Listing Agent Listing ID: 202638251 |
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Building Area Building Area: 2078 Square Feet |
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Lot Area: 2.94 Acres |
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Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan |
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Mls Number: 202638251Attribution Contact: cell: 812-709-0859Above Grade Unfinished Area: 2078 |
Around this home
What Locals Say about Spencer
At least 19 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 it's walkable to restaurants
61 % Say kids play outside
59 % Say people would walk alone at night
59 % Say there are sidewalks
58 % Say there's wildlife
56 % Say neighbors are friendly
55 % Say they plan to stay for at least 5 years
54 % Say it's dog friendly
45 % Say streets are well-lit
37 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Spencer
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
54
4MoM
Home Value
Trulia Estimate
$308KSince last month
Increased$56K (+22.5%)Since last year
Increased$117K (+61.6%)Since last sale
Increased$63K (+25.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +152% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $308K |
| August 2026 | $251K |
| July 2026 | $251K |
| June 2026 | $252K |
| May 2026 | $250K |
| April 2026 | $249K |
| March 2026 | $247K |
| February 2026 | $246K |
| January 2026 | $245K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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0.67 | Single-Family Home | $370,000 | 08/28/26 | 3 | 2.5 | 2,822 | |
0.71 | Single-Family Home | $260,000 | 04/02/26 | 3 | 1 | 1,300 | |
0.74 | Single-Family Home | $250,000 | 12/11/25 | 3 | 1 | 2,404 | |
0.95 | Single-Family Home | $180,000 | 12/18/25 | 2 | 2 | 2,346 | |
0.83 | Single-Family Home | $173,000 | 08/14/26 | 2 | 1 | 1,040 | |
1.11 | Single-Family Home | $226,000 | 07/14/26 | 4 | 1.5 | 3,456 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.31 | - | - | - | - | Off Market | |
0.54 | $219,900 | 4 | 1 | 1,360 | For Sale | |
0.58 | $184,800 | 2 | 2 | 850 | Off Market | |
0.58 | $286,100 | 2 | 2.5 | 1,296 | Off Market | |
0.58 | $209,600 | 2 | 1 | 1,341 | Off Market | |
0.60 | $261,700 | 4 | 2.5 | 2,126 | Off Market | |
0.67 | $370,000 | 3 | 2.5 | 2,822 | Recently Sold | |
0.68 | $213,800 | 2 | 2 | 1,502 | Off Market | |
0.69 | $172,400 | 2 | 1 | 838 | Off Market | |
0.69 | $232,500 | 5 | 2.5 | 1,680 | Off Market | |
0.71 | $230,900 | 3 | 1.5 | 1,532 | Off Market |
Price and Tax history
| Date | Event | Price |
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Sep 16, 2026 Source: IRMLS #202638251 | Listed For Sale | $315,000 |
Jan 8, 2026 Source: IRMLS #202537797 | Sold | $245,000 |
Jan 7, 2026 Source: IRMLS #202537797 | Pending | $249,900 |
Nov 29, 2025 Source: IRMLS #202537797 | PriceChange | $249,900 Price decreased by 7% |
Oct 23, 2025 Source: IRMLS #202537797 | PriceChange | $269,900 Price decreased by 4% |
Oct 3, 2025 Source: IRMLS #202537797 | PriceChange | $279,900 Price decreased by 3% |
Sep 18, 2025 Source: IRMLS #202537797 | Listed For Sale | $289,900 |
| Year | Property tax | Tax assessment |
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| 2025 | $1,380 | $237,600 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Darren Gilmore, CK Realty Homes
Agent Phone: (812) 709-0859

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.
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Frequently asked questions about 507 N US Highway 231
- What is the estimated monthly payment for 507 N US Highway 231?Based on a $315,000 list price with 20% down at today's rates, the estimated monthly payment for 507 N US Highway 231 in Spencer, IN is approximately $1,984 (about $1,733 principal & interest, $176 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Spencer?Residents describe Spencer, IN as easy to park in, well-kept, and quiet. Most residents say you need a car. See homes for sale in Spencer, IN.
- What are the closest schools to 507 N US Highway 231?The closest schools to 507 N US Highway 231 in Spencer, IN are Owen Valley Community High School (rated 8/10), Owen Valley Middle School (rated 6/10), Spencer Elementary School (Pre-K, rated 5/10).
- What is 507 N US Highway 231 estimated to be worth?Trulia's estimated value for 507 N US Highway 231 in Spencer, IN is $307,600.
- Does 507 N US Highway 231 have air conditioning?Yes, 507 N US Highway 231 in Spencer, IN has air conditioning.
- Does 507 N US Highway 231 have laundry facilities?Yes, 507 N US Highway 231 in Spencer, IN has laundry facilities.
507 N US Highway 231, Spencer, IN 47460 is a 3 bedroom, 2 bathroom, 2,078 sqft single-family home built in 1965. This property is currently available for sale and was listed by IRMLS on Sep 16, 2026. The MLS # for this home is MLS# 202638251.

