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(SOLD) $535,000

5434 N Michigan Road Fairland, IN  46126

  • 3 Beds
  • 2 Baths
  • 1,000 sq. Ft

Property Description for 5434 N Michigan Road Fairland, IN 46126

WHOA! 10 Acres, 4 Paddocks, 14 Stalls, AND a brick ranch home less than 2 miles from Horseshoe Indianapolis! Horse lovers paradise, classy vinyl black fence with lush green grass along the blacktop drive leads you home w/ 3 bds, 2bths, newer HVAC, wnds, and roof just to name a few! Enjoy your morning coffee while you watch the horses graze from the quaint and peaceful rear patio, then head to the first 34'x87' barn with 10 stalls, many of which are oversized, a private tack room, and doors on all 4 sides for tremendous natural air flow! Continue through to find the 24'x40' barn boasting of 4 more stalls situated in one of the smaller paddocks. Great views of the stables and driveway from the house, gates at every turn for ease of access, meticulously maintained, and move in ready! Enormous investment opportunity! Prime location in Triton School District!
QuickBuy option for home selling

Address:5434 N Michigan Road Fairland IN 46126
Status:Sold
Sold On: 9/20/2024
Price:$550,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,000
Year Built:1971
Lot Size:10.01
County: Shelby
Township: Brandywine
MLS #:21993911
Property Type:Single Family Residence

Lot Dimensions:436036
Lot Features:Rural - Not Subdivision, Mature Trees
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,000
Total Sq. Ft. :1,000

Loan Price
$3,292
Price And Interest $2,791/month
Property Tax $278/month
MTG INS $0/month
HOME INS $223/month
Price
$535,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$278/month
Home Owner Insurance
$2,676 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 15x12 Main
Kitchen 24x11 Main
Primary Bedroom 12x12 Main
Bedroom 2 14x11 Main
Bedroom 3 10x10 Main

Semi-Annual Property Tax:$1,668
Tax Year:2023
Other Disclosures:None
Mandatory HOA Fee:$

Area: 7306 - Shelby - Brandywine
Subdivision: No Subdivision
Zip Code:46126

Total Sq. Ft.:1,000
Interior Features:Entrance Foyer, Eat-in Kitchen
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Microwave, Electric Oven, Refrigerator
Exterior Features:Barn Pole, Out Building With Utilities
Exterior Type:Brick
Fuel:Propane Leased
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, Microwave, Electric Oven, Refrigerator
Total Rooms:5
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 Alicia Barr with HIGH BARR Real Estate, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/31/2024 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.





Fairland Market Report

84
Avg. DOM
$154.15
Avg. $ / Sq.Ft.
$ 249,900
Med. List Price

The house prices in Fairland are indeed dropping at the moment. There has been a decrease in price of $156,933.33. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Fairland are going Down. The average house price is $249,900.00 and the average price per square feet is $149.06 per square feet. At the moment, the amount of homes listed is exactly 49 houses, with 11 with active status, 7 with pending status and 31 sold in Fairland .

The most popular place to buy a home in Fairland is 7301 - Shelby - Moral. 7301 - Shelby - Moral is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Fairland .

The average amount of property taxes you would have to pay for a home in Fairland is $2,649.82. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Fairland are staying listed for an average of 74 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Fairland was 3176 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Fairland is $2,400,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Fairland is $100,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Fairland in year 1920 and the newest built house is in year 2024.

The average size of properties in Fairland is 2975.45 sq.ft. , the biggest one being 10350 sq.ft. and the smaller being 960 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.