2548 N Letterman Road
Paragon, IN 46166
- 3 beds
- 2 baths
- 1,440 sqft
- ~5 acre lot
- $290 per sqft
- 1998 build
It doesn't get any better than this! Drive down your private lane to find this charming 3 bedroom, 2 bath ranch nestled on 5 secluded, park-like acres. This property offers the perfect mix of comfort, privacy, and natural beauty. A peaceful creek meanders through the property, creating a tranquil retreat just steps from your door. Inside, enjoy a spacious great room with a cozy fireplace, indoor and outdoor dining areas, and a kitchen beautifully crafted with maple cabinetry. Brand new flooring has just been installed throughout, making this home truly move-in ready. Outside, the features keep coming-a massive 50' x 40' pole barn with separate electric offers ideal space for storage, hobbies, and a workshop. Whether you're enjoying a morning coffee on the front porch or an evening walk along the creek, this property delivers peace, space, and modern convenience.
Last checked:
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Checking…
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Last updated May 12, 2025
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MLS# 22038051 —
The Building
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Year Built:1998
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Ranch, TraditonalAmerican
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Levels:One
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Basement:false
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Foundation Details:Slab
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Exterior Features:Barn Pole, Outdoor Fire Pit
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Accessibility Features:No
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Direction Faces:West
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Green Certification:No
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Building Area Total:1440
Interior
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Rooms:7
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Rooms Total:7
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Rooms Total:7
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Interior:Utility Room
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Interior Features:Attic Access
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Kitchen Features:Kitchen Galley,Kitchen Updated
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Other Equipment:Smoke Alarm
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Eating Area:Dining Combo/Great Room
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Laundry Features:Main Level
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Fireplaces Total:1
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Fireplace Features:Great Room, Woodburning Fireplce
Room Dimensions
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SqFt:1440
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Main Level SqFt:1440
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Living Area:1440
Location
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Directions:GPS Friendly
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Latitude:39.463888
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Longitude:-86.592518
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:550724100003001002
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Acres:5-10 Acres
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Lot Features:Mature Trees, Trees-Small (Under 20 Ft), Wooded
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Lot Size Acres:5
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Lot Size SqFt:217,800 Sqft
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Price Per Acre:83800
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Property Condition:Updated/Remodeled
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Additional Parcels:false
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View:Creek/Stream, Rural, Trees/Woods
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View:true
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Waterfront:false
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Horse Amenities:None
Listing Agent
- Contact info:
- Agent phone:
- (317) 626-7174
- Office phone:
- (317) 888-3303
Taxes
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Tax Year:2024
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Tax Exemptions:Homestead Tax Exemption
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Semi Annual Property Tax Amt:654
Beds
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Beds:3
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Bedrooms:3
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Bedrooms Total:3
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Main Level Bedrooms:3
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Primary Bedroom Description:Closet Walk in
Baths
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Baths:2
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Full Baths:2
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Full Baths:2
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Full Baths Main:2
The Listing
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Inspection Warranties:Warranty Homebuyers
Heating & Cooling
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Heating:Forced Air
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Fuel:Propane Leased
Utilities
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Utilities:Electricity Connected
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Electric:200+ Amp Service
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Water Source:Private Well
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Solid Waste:No
Appliances
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Appliances:Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Water Heater, Water Purifier, Water Softener Owned
Schools
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Elementary School:Eminence Elementary School
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High School:Eminence Jr-Sr High School
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High School District:Eminence Community School Corp
The Community
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Subdivision Name:No Subdivision
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Association:false
Parking
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Garage:false
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Garage SqFt:2000
Monthly cost estimate
Asking price
$419,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,243
|
| Taxes | $109 |
| Insurance | $115 |
| Utilities | $126 See report |
| Total | $2,593/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/12/25
May 12, 2025
|
Listed / Active | MIBOR | $419,000 | 187.0% (9.9% / YR) |
|
6/30/06
Jun 30, 2006
|
MIBOR | $146,000 |
