# 537 Pea Ridge Road, Spencer, IN 47460 > **TL;DR:** land, $200,000. Est. $1,069/mo. Listed 28 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $200,000 | | Lot Size | 444,312 sqft (10.20 acres) | | Property Type | Land (Other) | | Status | Pending | | Days on Market | 28 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,011 | | Estimated Insurance | $58 | | **Total** | **$1,069** | ## Nearby Schools - **Middle:** Owen Valley Middle School - **High:** Owen Valley Community High School ## Property Highlights - 10.20 acre lot ## Description ### Agent Description 10 +/- acres across two parcels offering plenty of room for your country homestead, or pleasure farm. The property includes a 30' x 40' barn with lean-to, providing excellent space for storage, equipment, hobbies, or land-related needs. A brand-new well is currently attached to the barn, along with an older septic system that is currently in working order. Ready for your own slice of the country? Whether you're dreaming of a pleasure farm, homestead, hobby farm, or private country retreat, this property gives you the acreage and existing improvements to start bringing your vision to life. ## Location - **Address:** 537 Pea Ridge Road, Spencer, IN 47460 - **County:** Owen - **Neighborhood:** No Subdivision - **Coordinates:** 39.25351, -86.758191 - **Google Maps:** https://www.google.com/maps?q=39.25351,-86.758191 ## Listing Agent - **Name:** Sheila Bowles - **Brokerage:** Keller Williams Indy South - **Broker Phone:** (317) 882-5900 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/537-Pea-Ridge-Rd_Spencer_IN_47460_M48697-93876?f=listhub&s=MIBORIN&m=22129575&c=propsimple) ## Photos ![537 Pea Ridge Road - Photo 1](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1595557094r.jpg) ![537 Pea Ridge Road - Photo 2](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f901715290r.jpg) ![537 Pea Ridge Road - Photo 3](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f652266202r.jpg) ![537 Pea Ridge Road - Photo 4](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1683154817r.jpg) ![537 Pea Ridge Road - Photo 5](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1878613012r.jpg) ![537 Pea Ridge Road - Photo 6](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f2780316671r.jpg) ![537 Pea Ridge Road - Photo 7](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f3929390600r.jpg) ![537 Pea Ridge Road - Photo 8](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1307460178r.jpg) ![537 Pea Ridge Road - Photo 9](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f4258055123r.jpg) ![537 Pea Ridge Road - Photo 10](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f427399725r.jpg) ![537 Pea Ridge Road - Photo 11](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1094898539r.jpg) ![537 Pea Ridge Road - Photo 12](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1131866638r.jpg) ![537 Pea Ridge Road - Photo 13](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f2529735966r.jpg) ![537 Pea Ridge Road - Photo 14](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f323584681r.jpg) ![537 Pea Ridge Road - Photo 15](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1740153394r.jpg) ![537 Pea Ridge Road - Photo 16](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1168719216r.jpg) ![537 Pea Ridge Road - Photo 17](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f4237765382r.jpg) ![537 Pea Ridge Road - Photo 18](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f246515774r.jpg) ![537 Pea Ridge Road - Photo 19](http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1206185445r.jpg) --- **MLS#:** 22129575 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/537-pea-ridge-road-spencer-in-47460-870ef55b46514cbbaf35437ac41004fd) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/537-pea-ridge-road-spencer-in-47460-870ef55b46514cbbaf35437ac41004fd#listing", "url": "https://www.propertysimple.ai/listing/537-pea-ridge-road-spencer-in-47460-870ef55b46514cbbaf35437ac41004fd", "name": "537 Pea Ridge Road, Spencer, IN 47460", "description": "10 +/- acres across two parcels offering plenty of room for your country homestead, or pleasure farm. The property includes a 30' x 40' barn with lean-to, providing excellent space for storage, equipment, hobbies, or land-related needs. A brand-new well is currently attached to the barn, along with an older septic system that is currently in working order. Ready for your own slice of the country? Whether you're dreaming of a pleasure farm, homestead, hobby farm, or private country retreat, this property gives you the acreage and existing improvements to start bringing your vision to life.", "image": [ "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1595557094r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f901715290r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f652266202r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1683154817r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1878613012r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f2780316671r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f3929390600r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1307460178r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f4258055123r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f427399725r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1094898539r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1131866638r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f2529735966r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f323584681r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1740153394r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1168719216r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f4237765382r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f246515774r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1206185445r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1595557094r.jpg", "caption": "537 Pea Ridge Road - Spencer, IN" }, "datePosted": "2026-10-03", "dateModified": "2026-10-20T19:28:04.956Z", "mainEntity": { "@type": "Place", "@id": "https://www.propertysimple.ai/listing/537-pea-ridge-road-spencer-in-47460-870ef55b46514cbbaf35437ac41004fd#property", "name": "537 Pea Ridge Road, Spencer, IN 47460", "address": { "@type": "PostalAddress", "streetAddress": "537 Pea Ridge Road", "addressLocality": "Spencer", "addressRegion": "IN", "postalCode": "47460", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 39.25351, "longitude": -86.758191 }, "image": [ "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1595557094r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f901715290r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f652266202r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1683154817r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1878613012r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f2780316671r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f3929390600r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1307460178r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f4258055123r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f427399725r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1094898539r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1131866638r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f2529735966r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f323584681r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1740153394r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1168719216r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f4237765382r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f246515774r.jpg", "http://lh.rdcpix.com/eba8e33af0666e23b1042f17da2cb7f1l-f1206185445r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "22129575" }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "10.20 acres" }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Other" }, { "@type": "PropertyValue", "name": "Property Type", "value": "Land" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/537-pea-ridge-road-spencer-in-47460-870ef55b46514cbbaf35437ac41004fd#offer", "url": "https://www.propertysimple.ai/listing/537-pea-ridge-road-spencer-in-47460-870ef55b46514cbbaf35437ac41004fd", "price": 200000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/LimitedAvailability", "seller": { "@id": "https://www.propertysimple.ai/listing/537-pea-ridge-road-spencer-in-47460-870ef55b46514cbbaf35437ac41004fd#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/537-pea-ridge-road-spencer-in-47460-870ef55b46514cbbaf35437ac41004fd#agent", "name": "Sheila Bowles", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/537-pea-ridge-road-spencer-in-47460-870ef55b46514cbbaf35437ac41004fd#brokerage", "name": "Keller Williams Indy South", "telephone": "(317) 882-5900", "logo": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/c5ababc320abd0ca0120aec9dcb80036k-c1368268715r.png" } } } } ```