302,742 / 6.95
Lot Size / Acres

Description

Rare opportunity to own 6.95+/- acres featuring a versatile building with nearly endless possibilities. The building offers four overhead doors, including one 10' door, along with a heated garage/workshop area and a separate finished flex space complete with a kitchen, gathering area, and half bath. Both the garage and finished areas are equipped with separate heaters. The property is improved with a 5" well, septic system, electric service, gravel drive, and ample open space surrounded by mature...Rare opportunity to own 6.95+/- acres featuring a versatile building with nearly endless possibilities. The building offers four overhead doors, including one 10' door, along with a heated garage/workshop area and a separate finished flex space complete with a kitchen, gathering area, and half bath. Both the garage and finished areas are equipped with separate heaters. The property is improved with a 5" well, septic system, electric service, gravel drive, and ample open space surrounded by mature trees. Whether you're seeking a hobby space, workshop, storage for vehicles and equipment, recreational property, or a place to gather and entertain, this property offers flexibility that is difficult to find. Convenient location with plenty of room to spread out and enjoy country living.
  1. Listed by Melissa Jagoda • Mike Thomas Associates, Inc.

Property Details for 425 West Rope

Subdivision
None
Waterfront
No
LISTING UPDATED: 06/11/2026 02:40 PM

Property Details for 425 West Rope

StatusPending
MLS #202622618
Days on Market1
Taxes$1,494 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLots & Lands / Agricultural Land
Year Built-
Lot Size6.95 AC
CountyDeKalb County

Location

Listing Courtesy of Mike Thomas Associates, Inc.
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Building Information for 425 West Rope

Lot Size6.95 AC

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$1,296 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,171

Property Taxes

$125

HOA Dues

$0

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Property Information for 425 West Rope

Summary
Location and General Information
  • Area: Dekalb County
  • City: Waterloo
  • Zip Code: 46793
  • State: IN
  • Township: Grant
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Road Access: City
  • Zoning Description: SR SubResidential
  • Fips Code: 18033
  • Directions To Property: North on Center Street (CR 35), East on Rope Street (CR 24)
  • Road Frontage: City
Taxes and HOA
  • Parcel Description: Level, Partially Wooded, 6-9.999
  • Annual Taxes: $1,494
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2025/2026
  • Parcel Number Id: 17-06-03-101-003.000-008
School Information
  • School District: Dekalb Central United
  • Elementary: Waterloo
  • Middle School: Dekalb
  • High School: Dekalb
Property
Lot Information
  • Class: LOTS AND LAND
  • Property Subtype: Agricultural Land
  • Approx Lot Size Acres: 6.95
  • Lot Dimensions: 6.95 +/- Acres
  • Approx Lot Size Sqft: 302742.0
  • Land Features: Pole Barn
Property and Assessments
  • Can Property Be Divided?: No
  • Curb: No
  • Documents Available: Survey
  • Easements: Yes
  • Planned Unit Development: No
  • Platted Development: No
  • Structure/Building Improvements: Yes
  • Type Use: Agriculture
Utilities
  • Electricity Type: Available
  • Fuel Type: Propane
  • Sewer Type: Septic
  • Water Utility: Well
  • Well Type: Private
Interior and Exterior Features
Exterior Features
  • Platted: Yes
  • Rail Siding: No
  • Road Surface: Paved
Rental
Rental Information
  • Leased Acres: No

Property History for 425 West Rope

DateEvent & SourcePriceAppreciation
Jun 11, 2026

Pending

Indiana Regional MLS #202622618

Jun 10, 2026

Listed (Active)

Indiana Regional MLS #202622618

$235,000
DateEvent & SourcePrice
06/11/2026

Pending

Indiana Regional MLS #202622618

06/10/2026

Listed (Active)

Indiana Regional MLS #202622618

$235,000

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

Schools near 425 West Rope

This home is within Dekalb County Ctl United Sch District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Waterloo Elementary School
PublicPK to 5

Dekalb Middle School
Public6 to 8

Dekalb High School
Public9 to 12

Country Meadow Elementary School
PublicPK to 5

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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Listing Courtesy of Mike Thomas Associates, Inc.

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.