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1026 S 500 W, New Palestine, IN, 46163

$495,000

Home List Price

$5,878*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,850 SqFt
$174/SqFt
House
Schools Nearby

Location

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1026 S 500 W, New Palestine$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1975
HeatingDual System, Electric, Forced Air, Natural Gas, Heat Pump, Furnace, Other
CoolingCentral Air
FireplaceFamily Room, Insert, Woodburning Fireplce
MLS #21978078
Lot Size1.08 Acres
StatusActive

About 1026 S 500 W

Nestled in tranquility yet close to convenience, this expansive ranch-style home spans nearly 3000 sq. ft. on just over 1 acre of land with the acclaimed multi-use, cross-state Pennsy Trail just a few step north of the property line. The crown jewel of the property is a 30 x 60 pole barn, impeccably insulated and transformed into a professional recording studio for "big band" players from all over, boasting finished walls, soundproofing, dedicated 100-amp electric service, and year-round comfort with heating and cooling systems in place. A freshly seal-coated driveway leas to both the residence and the barn, offering ample parking space. Enjoy cost savings with your private well and septic system. The entire home has been thoughtfully refreshed and remodeled, touching nearly every surface for a renewed ambiance and plenty of special features (including two separate HVAC systems for the house alone). Inside, discover 4 bedrooms (one can double as an office or bonus room), 2.5 bathrooms, and an abundance of gathering areas, seamlessly blending separated spaces with an inviting open concept. With generous square footage, there's room to customize and expand, making it easy to add additional bedrooms to suit your needs. Show up with your favorite wall-paint colors in hand, and "Welcome," to your haven of space and serenity. Buyer to confirm all details of this listing prior to submitting an offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1975
  • Living Area: 2,850 SqFt

Listing Office:

  • Office Name: Key Realty Indiana
  • Office Email: eli@simplifyre.com
  • Listing Agent: Eli Skinner

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Convection Oven, Electric Oven, Refrigerator, Tankless Water Heater, Washer, Water Softener
  • Basement: No
  • Interior: 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
  • Fireplace: Family Room, Insert, Woodburning Fireplce

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Barn Pole, Barn Storage, Out Building With Utilities, Storage Shed

Lot Features

Lot Information:

  • Lot Size: 1.08 Acres

Utilities

Utilities Information:

  • Heating: Dual System, Electric, Forced Air, Natural Gas, Heat Pump, Furnace, Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • New Palestine High School, Public District Grades 9-12
  • Doe Creek Middle School, Public District Grades 7-8
  • Sugar Creek Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $174/SqFt

Tax Information:

  • Annual Amount: $1,971
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21978078

Listing Office:

  • Office Name: Key Realty Indiana
  • Office Email: eli@simplifyre.com
  • Listing Agent: Eli Skinner

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Last updated on: 6/1/2024, 11:46:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,971$221,200
2019$1,816$206,800
2018$1,791$201,300
2017$1,868$193,700

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7116206
4
/10
  • Sugar Creek Elementary School

  • 2337 S 600 W

  • 1.64 miles

  • Public District Grades PK-6

Middle School

school-card-donut-7116207
7
/10
  • Doe Creek Middle School

  • 2279 S 600 W

  • 1.44 miles

  • Public District Grades 7-8

High School

school-card-donut-7116208
9
/10
  • New Palestine High School

  • 4485 South Victory Dr

  • 3.68 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,821. The majority of Hancock County, IN residents have income between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1026 S 500 W

What is the listing price of this property?

The listing price of 1026 S 500 W property is $495,000.

What type of property is this?

The property 1026 S 500 W is a house located in New Palestine, Indiana, 46163.

Is this property for sale now?

Active Listing: 1026 S 500 W is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1026 S 500 W are:
Sugar Creek Elementary School: GreatSchools Rating 4/10
Doe Creek Middle School: GreatSchools Rating 7/10
New Palestine High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,971 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1026 S 500 W has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1026 S 500 W is 2,850 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1026 S 500 W is 1975.

Rocket HomesIndianaHancock CountyNew Palestine461631026 S 500 W

This home is located at 1026 S 500 W in New Palestine, IN and zip code 46163. This 2,850 square foot home, which was built in 1975, sits on a 1.08 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $495,000.

Over 26 listings were sold over their listed price in May 2024 in Hancock County, IN. In the same period over 65 listings were sold below the listed price and 44 listings were sold for the listed price. The inventory of homes for sale in Hancock County, IN between April 2024 and May 2024 increased by 5.2%. The median list price of listings available in May 2024 was $338,562, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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