1026 South 500 West

New Palestine, IN 46163

$495,000
Price
4
Beds
2
Baths
1
1/2 Bath
2,850 Sq. Ft.
$174 / Sq. Ft.
2,850
Sq. Ft.
$174
per Sq. Ft.

Description

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...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.
  1. Listed by Eli Skinner • Key Realty Indiana • eli@simplifyre.com

Property Details for 1026 South 500 West

Architectural Style
Ranch
Subdivision Name
Gem Meadows
Township
Sugar Creek
Waterfront
No

Location

Listing Courtesy of Key Realty Indiana
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LISTING UPDATED: 05/28/2024 08:57 AM

Property Details for 1026 South 500 West

StatusActive
MLS #21978078
Days on Market16
Taxes$1,215 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1975
Lot Size1.08 AC / 47,044 SF
CountyHancock County

Location

Listing Courtesy of Key Realty Indiana
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Building Information for 1026 South 500 West

Stories-Year Built1975Building Size-Lot Size1.08 AC / 47,044 SF

Payment Calculator

$2,904 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$203

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1026 South 500 West

Summary
Location and General Information
  • City: New Palestine
  • County Or Parish: Hancock
  • Directions: GPS Friendly
  • Postal Code: 46163
  • Postal Code Plus4: 9639
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 301007102001000012
  • Semi Annual Property Tax Amt: 1215
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2023
  • TaxLot: Provided by Title
  • Tax Block: Provided by Title
School Information
  • Elementary School: Sugar Creek Elementary Sch
  • High School: New Palestine High School
  • Middle Or Junior School: New Palestine Jr High School
  • School District: Southern Hancock Co Com Sch Corp
Parking
  • Garage YN: Yes
  • Garage Parking Other: Finished Garage,Garage Door Opener
  • Garage Spaces: 2.0
  • Garage SqFt: 1440
Property
Lot Information
  • Acreage: 1-3 Acres
  • Lot Description: Corner Lot
  • Lot Size Square Feet: 47045.0
  • Lot Size Acres: 1.08
  • Main Level SqFt: 2850
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 2850.0
  • Sq Ft Total: 2850.0
  • Year Built Numeric: 1975
  • Living Area Source: Broker
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: Gem Meadows Pt L19
  • Photos Count: 44
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Green Features
  • Green Certification: No
Utilities
  • Electric: 100 Amp Service, 200+ Amp Service, 220 Volts For Spa, 220 Volts in Garage, 220 Volts in Kitchen, Circuit Breakers
  • Solid Waste: No
  • Utilities: Electricity Connected, Gas, Septic System, Well
  • Water Source: Private Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Barn Pole, Barn Storage, Out Building With Utilities, Storage Shed
  • Foundation Details: Block, Slab
  • Pool Private: No
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Convection Oven, Electric Oven, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
  • Areas Interior: Laundry in Garage,Laundry in Unit,Living Room Formal
  • Basement YN: No
  • Cooling: Central Electric
  • Eating Area: Formal Dining Room
  • Fireplace Features: Family Room, Insert, Woodburning Fireplce
  • Fireplaces Total: 1
  • Heating: Dual, Electric, Forced Air, Gas, Heat Pump, High Efficiency (90%+ AFUE ), Other
  • 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
  • Levels: One
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Smoke Alarm, Sump Pump
  • Room List: Living Room, Dining Room, Kitchen, Primary Bedroom, Bedroom 2, Bedroom 3, Bonus Room, Family Room, Bedroom 4
  • Room and Features: Living Room-Main-Vinyl Plank, Dining Room-Main-Vinyl Plank, Kitchen-Main-Vinyl Plank, Primary Bedroom-Main-Vinyl Plank, Bedroom 2-Main-Vinyl Plank, Bedroom 3-Main-Vinyl Plank, Bonus Room-Main-Vinyl Plank, Family Room-Main-Vinyl Plank, Bedroom 4-Main-Carpet
  • Spa Features: See Remarks
  • Spa: Yes
  • Main Level Bedrooms: 4
  • Laundry Features: Connections All, Laundry Closet, Main Level
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 9
  • Rooms Total MU: 9
  • Total Rooms: 9
Room 1
  • Room Level: Main
  • Room Dimensions: 20x16
  • Room Features: Vinyl Plank
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 14x13
  • Room Features: Vinyl Plank
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 15x12
  • Room Features: Vinyl Plank
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 19 x 12
  • Room Features: Vinyl Plank
  • Room Type: Primary Bedroom
Room 5
  • Room Level: Main
  • Room Dimensions: 11 x 10
  • Room Features: Vinyl Plank
  • Room Type: Bedroom 2
Room 6
  • Room Level: Main
  • Room Dimensions: 13 x 12
  • Room Features: Vinyl Plank
  • Room Type: Bedroom 3
Room 7
  • Room Level: Main
  • Room Dimensions: 17 x 14
  • Room Features: Vinyl Plank
  • Room Type: Bonus Room
Room 8
  • Room Level: Main
  • Room Dimensions: 25 x 12
  • Room Features: Vinyl Plank
  • Room Type: Family Room
Room 9
  • Room Level: Main
  • Room Dimensions: 24x14
  • Room Features: Carpet
  • Room Type: Bedroom 4
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Count: 3
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 1
  • Half Baths MU: 1
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 4
  • Bedrooms MU: 4
  • Bedrooms Total: 4

Property History for 1026 South 500 West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1026 South 500 West

Taxable ValueLand$61,300Additions$215,700Total$277,000
Tax Record2023$2,431 ($203 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,495 SqFtAbove Grade Finished SqFt2,495 SqFtStories1Lot Size47,045 SqFtStyleSingle Family ResidenceYear Built1975CountyHANCOCKAPN30-10-07-102-001.000-012Fireplace TypeHas Fireplace

Schools near 1026 South 500 West

This home is within Southern Hancock County Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 7 to 8
Public - 9 to 12
Public - 5 to 6
Rating
School
Distance
Sugar Creek Elementary School
PublicK to 4

New Palestine Jr High School
Public7 to 8

New Palestine High School
Public9 to 12

New Palestine Intermediate School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1026 South 500 West is a single family home for sale in New Palestine, IN 46163. This property was listed for sale on May 17, 2024 by Key Realty Indiana, it's currently listed at $495,000. It has been on the market for a total of 16 days and was last sold on June 3, 2022. This listing's school district is Southern Hancock County Com Sch Corp. Nearby schools include Sugar Creek Elementary School, New Palestine Jr High School and New Palestine High School. 1026 South 500 West is a 4-bed, 2.5-bath, 2,850 sqft single family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Key Realty Indiana

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.