Agricultural Land with
For Sale
$200,000
Pending
537 Pea Ridge Road, Spencer, IN 47460
Land, Spencer, IN
Property SizeContact for details
Lot Size10.20 Acres
Days on Market13
Property Features for 537 Pea Ridge Road
General Information
Property type
Land
Property subtype
Other
Zoning
AG
Zoning description
Agricultur
Subdivision
No Subdivision
Lot features
Rural - Not Subdivision, Wooded, Agric Land, Pleasur Frm
Middle school
Owen Valley Middle School
High school
Owen Valley Community High School
Elementary school district
Spencer-Owen Community Schools
Middle school district
Spencer-Owen Community Schools
High school district
Spencer-Owen Community Schools
Directions
GPS Friendly
Standard status
Pending
APN
601033300340000027
Lot size
10.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
In W 1/2 Sw S33 T10 R3 6.02A & IN SE S32 T10 R3 3.65A IN SE SE S32 T10 R3 .54A
Tax Annual Amount
2520
Legal Description
In W 1/2 Sw S33 T10 R3 6.02A & IN SE S32 T10 R3 3.65A IN SE SE S32 T10 R3 .54A
Utilities
Sewer type
Septic Tank
Water source
Well
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(317) 882-5900
Listed By:
Sheila Bowles
(765) 318-8339
Added: Oct 3
Changed: Oct 6
Last Checked: Oct 15 at 4:06AM
MLS# 22129575
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 10.2-acre agricultural property consists of two parcels at 537 Pea Ridge Road in Spencer, Indiana. Improvements include a 30' x 40' barn with a lean-to. A well is connected to the barn, and the property has an older septic system that is reported to be operational. The land is zoned AG.
Key Highlights
- 10.2 acres divided between two parcels
- 30' x 40' barn with lean‑to
- Well connected to the barn
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Demographics for 47460, IN
11,560
Population
5,045
Households
2.3
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
150.5 sq mi
ZIP Area
77
Density / Sq Mi
$67,688
Median Household Income
$42,113
Median Earnings
$888
Median Rent
$177,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Two parcels include a barn, well service and a functioning septic system.
Where is this agricultural land / farmland located?
The property is located at 537 Pea Ridge Road Spencer, IN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 10.2 acres divided between two parcels; 30' x 40' barn with lean‑to; Well connected to the barn
