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(SOLD) $450,000

  • 4 Beds
  • 3 Baths
  • 2,850 sq. Ft

Property Description for 1026 S 500 W New Palestine, IN 46163

NO FLOOD INSURANCE NEEDED AS OF JUNE 2024!! Nestled among peaceful surroundings yet conveniently close to amenities, this stunning ranch-style home boasts nearly 3000 sq. ft. of living space on over an acre of land, with the renowned multi-use Pennsy Trail just steps away. One of the highlights of the property is a spacious 30 x 60 pole barn that has been converted into a rehearsal space and recording studio, catering to musicians from near and far. Featuring soundproof walls, upgraded insulation, dedicated 100-amp electric service, and efficient heating and cooling systems, the barn offers endless possibilities as a family gathering space, home theater, workshop, entertainment space, or home office. The sky is the limit. As you enter, a newly sealed driveway leads you to both the main residence and the barn, offering ample parking space. Enjoy the benefits of cost-effective private well and septic systems, as well as a meticulously renovated interior with thoughtful upgrades throughout. The home features 4 bedrooms, including a versatile space (the 4th bedroom) that can serve as an office or bonus room, 2.5 bathrooms, and multiple inviting living areas that seamlessly blend open-concept design with distinct zones for privacy and relaxation. Every corner of this home has been rejuvenated, from the fresh paint on the walls to the brand-new flooring and energy-efficient windows installed throughout. Additional features include a tankless water heater, new and updated furnaces and AC units in both the home and barn, and a newer utility shed. An elevation certificate is in place, eliminating the need for flood insurance (June 2024). Whether you're welcoming in-laws, accommodating younger and older children, or seeking a dedicated workspace and utility space, this property offers versatility and comfort for all your lifestyle needs. Step into this haven of space and tranquility, where every detail has been carefully considered to create a welcoming and inspiring retrea
QuickBuy option for home selling

Address:1026 S 500 W New Palestine IN 46163
Status:Sold
Sold On: 8/16/2024
Price:$469,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,850
Year Built:1975
Lot Size:1.08
County: Hancock
Township: Sugar Creek
MLS #:21978078
Property Type:Single Family Residence

Lot Dimensions:47045
Lot Features:Corner Lot
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :2,850
Total Sq. Ft. :2,850

Loan Price
$2,738
Price And Interest $2,347/month
Property Tax $203/month
MTG INS $0/month
HOME INS $188/month
Price
$450,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$203/month
Home Owner Insurance
$2,256 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 20x16 Main
Dining Room 14x13 Main
Kitchen 15x12 Main
Primary Bedroom 19 x 12 Main
Bedroom 2 11 x 10 Main
Bedroom 3 13 x 12 Main
Bonus Room 17 x 14 Main
Family Room 25 x 12 Main
Bedroom 4 24x14 Main

Semi-Annual Property Tax:$1,215
Tax Year:2023
Mandatory HOA Fee:$

Area: 3007 - Hancock - Sugar Creek
Subdivision: Gem Meadows
Zip Code:46163

Total Sq. Ft.:2,850
Interior Features:Attic Access, Attic Pull Down Stairs, Cathedral Ceiling(s), Center Island, Entrance Foyer, Hi-Speed Internet Availbl, Pantry, Screens Complete, Skylight(s), Walk-in Closet(s), Windows Thermal, Windows Vinyl, Wood Work Painted
Interior Area(s):Laundry in Garage, Laundry in Unit, Living Room Formal
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Gas Water Heater, Convection Oven, Electric Oven, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
Equipment:Smoke Alarm, Sump Pump
Exterior Features:Barn Pole, Barn Storage, Out Building With Utilities, Storage Shed
Exterior Type:Brick
Fireplace(s):Family Room, Insert, Woodburning Fireplce
Cool:Central Electric
Heat:Dual, Electric, Forced Air, Gas, Heat Pump, High Efficiency (90%+ AFUE ), Other
Water Heater:Dishwasher, Dryer, Gas Water Heater, Convection Oven, Electric Oven, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Eli Skinner with Key Realty Indiana from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/16/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





New Palestine Market Report

63
Avg. DOM
$151.65
Avg. $ / Sq.Ft.
$ 388,450
Med. List Price

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