- 3 beds
- 2 baths
- 1,484 sqft
- ~14 acre lot
- $427 per sqft
- 1979 build
Welcome to your dream homestead in this turnkey, sustainable farm with income potential on almost 15 Acres of diverse and fully fenced land, only 30 minutes from Bloomington. Whether you're seeking a peaceful rural retreat, or a dynamic income-generating property, this one-of-a-kind farm offers it all--multi-pasture layout perfect for rotational grazing and livestock plus berry bushes, fruit trees, perennial flowers, raised bed gardens for abundant farm-to-table living. Don't miss the scenic walking trails, fire pits, and a peaceful pond to enjoy the natural beauty. There are two large barns for equipment and animals, and a newer pole barn (built in 2020) with barndominium potential. Seven of eight buildings have new copper-tone metal roofs (installed 2020). Main Residence: Approx. 1,500 sq ft ranch-style home with three bedrooms, cozy fireplace, and wood stove as well as stunning all-season room with stamped concrete, floor-to-ceiling windows, and independent heating/cooling-ideal for a master bedroom or sunlit sanctuary. The "Saloon": Rustic charm meets function in this Airbnb-favorite guest house featuring open-concept living/dining, 1 bedroom, and full bath with vintage clawfoot tub. (Pellet stove ready to install) A truly unique space that adds personality and rental income potential. Guest Cabin: Approx. 1,000 sq ft with full kitchen and bath, first-floor bedroom + loft, wood stove, and cozy living/dining area. The front porch overlooks a pond- ideal for Airbnb, in-law quarters, or a serene getaway. Additional Structures: Workshop/art studio, small shed perfect for a chicken coop and even more room to expand or repurpose structures for additional business opportunities! This farm is not just a property-it's a lifestyle, schedule your private tour today!
Last checked:
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Checking…
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Last updated Jul 20, 2025
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MLS# 22050305 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1979
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New Construction:false
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Construction Materials:Brick, Wood Siding
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Architectural Style:Ranch
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Foundation Details:Crawl Space
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Levels:One
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Basement:false
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Exterior Features:Storage, Carriage/Guest House, Fire Pit
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Patio And Porch Features:Glass Enclosed
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Accessibility Features:No
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Building Area Total:1484
Interior
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Rooms:6
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Rooms Total:6
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Rooms Total:6
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Interior:Bedroom Other on Main
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Interior Features:Wood Work Stained
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Kitchen Features:Kitchen Country
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Eating Area:Dining Combo/Kitchen
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Fireplaces Total:1
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Fireplace Features:Great Room
Room Dimensions
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SqFt:1484
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Main Level SqFt:1484
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Living Area:1484
Location
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Directions:GPS Friendly
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Latitude:39.200024
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Longitude:-86.821102
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:601623400170000017
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Acres:10-20 Acres
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Lot Features:Rural - Not Subdivision, Mature Trees
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Lot Size Acres:14.35
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Lot Size SqFt:625,086 Sqft
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Price Per Acre:44251
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Additional Parcels:false
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Fencing:Fence Complete, Gate
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 753-4250
- Office phone:
- (317) 563-5051
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:1317
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
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
Heating & Cooling
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Heating:Electric
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected
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Water Source:Well, Private
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Solid Waste:No
Appliances
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Appliances:Dishwasher, Electric Oven, Refrigerator, Water Heater
Schools
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Middle Or Junior School:Owen Valley Middle School
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High School:Owen Valley Community High School
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High School District:Spencer-Owen Community Schools
The Community
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Subdivision Name:No Subdivision
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Association:false
Parking
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Parking Features:Attached, Detached, Workshop in Garage
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Garage:true
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Garage Spaces:2
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Garage SqFt:576
Extra Units
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Other Structures:Outbuilding
Monthly cost estimate

Asking price
$635,000
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. |
$3,400
|
Taxes | $219 |
Insurance | $174 |
Utilities | $139 See report |
Total | $3,932/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 |
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7/20/25
Jul 20, 2025
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Listed / Active | MIBOR | $635,000 |