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2533 W Eureka Rd, Reo, IN, 47635

1beds
1baths
1,600sqft
$169,900
$106price/sqft
$1,170/moest. monthly cost
$46,800/yrincome needed

About This Home

Enjoy the best of country living with room to grow! Located in the charming town of Rockport, you'll enjoy peaceful small-town living just minutes from Owensboro and Newburgh.Situated on a beautiful 1+ acre lot, this unique 40' × 40' pole barn-style residence offers approximately 1,600 square feet of finished living space featuring radiant heated concrete floors, soaring ceilings, a full bath, kitchenette, and a flexible open-concept floor plan. Keep the layout open or easily add interior walls to create private living areas.Designed with future expansion in mind, the property features a newer septic system sized for a future three-bedroom residence. The electrical service, water heater, and radiant floor heating system were also selected to accommodate future expansion. Overhead doors were incorporated into the design to provide flexibility for future use.Whether you're looking for a primary residence, hobby property, workshop with living quarters, or an investment opportunity, this versatile property offers endless possibilities. Enjoy the peaceful rural setting with plenty of space for gardening and recreation, Southern Indiana Power service, and convenient access to both Indiana and Kentucky amenities.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

6/10
6/10
5/10
South Spencer High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Slab
  • Construction materials: Metal Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,600

Heating & Cooling

  • Heating features: Radiant,Propane Tank Rented
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,600
  • Total interior livable area: 1,600 sqft

Property

Details

  • Parcel number: 741529300019.000017

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1.01 Acres
  • Features: Rolling Slope,0-2.9999

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Strong Wind
Tornado
Cold Wave
Drought
Earthquake
Hail
Heat Wave
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $859$10,308
Home Insurance *$109$1,308
Property Taxes $18$216
Electricity $184$2,212
Total$1,170$14,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$40,114/yr
40% on housing$35,100/yr
45% on housing$31,200/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$106This listing

vs Other Active Listings

Avg $/sqft

ZIP 47635$95
Spencer County$104

vs Homes Sold Last Month

Median $/sqft

ZIP 47635
Spencer County$160

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$169,900
2026-07-23Listed for sale$169,900
2022-02-15Sold$17,220
2019-01-03Listing removed$64,000
2018-08-01Listed for sale$64,000
2018-01-16Listing removed$58,500
2016-11-22Listed for sale$58,500

For Sale by Agent

AgentRebecca M Demastus
BrokerageERA FIRST ADVANTAGE REALTY, INC

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