4866 E 500th St S

$760,000
Price
5
Beds
4,877 Sq. Ft.
$156 / Sq. Ft.
4,877
Sq. Ft.
$156
per Sq. Ft.

Description

Not just a home, but a retreat-tucked deep down a private gravel road with no through traffic, this 11.66-acre property offers peace, privacy, and a lifestyle where modern comfort meets the beauty of nature. Surrounded by wooded acreage rich with deer, turkey, and other wildlife, it's perfect for those who value seclusion and space to explore. A peaceful creek winds through the land, while trails meander through the woods-ideal for quiet walks, wildlife watching, or simply enjoying the stillness....Not just a home, but a retreat-tucked deep down a private gravel road with no through traffic, this 11.66-acre property offers peace, privacy, and a lifestyle where modern comfort meets the beauty of nature. Surrounded by wooded acreage rich with deer, turkey, and other wildlife, it's perfect for those who value seclusion and space to explore. A peaceful creek winds through the land, while trails meander through the woods-ideal for quiet walks, wildlife watching, or simply enjoying the stillness. With room to roam, space for animals, and endless outdoor opportunities, this property delivers a rare balance of natural beauty and modern living. The fully remodeled 5-bedroom, 5-bath home offers over 4,800 square feet of thoughtfully designed living space. The primary suite features a private sitting room, two large walk-in closets plus an additional closet, and a spa-like bath with custom tile shower, freestanding soaking tub, double vanity, and bidet. Four additional bedrooms and two fully remodeled baths complete the upper level. The main floor includes an open-concept layout with a dream kitchen boasting a 10' x 3.6' island with butcher block and vegetable sink, farm sink, walk-in pantry, stainless steel appliances, touchless faucets, and designer lighting. Hardwood and luxury vinyl plank flooring extend throughout. Additional amenities include a finished side-load 3-car garage, three 50-gallon water heaters, dual 200-amp panels, and high-speed fiber internet. The 46x12 deck is ideal for entertaining, while the walk-out basement offers a large family room, remodeled half-bath with plumbing for a full bath, and two flexible rooms for a home office, gym, or creative space. Freshly drywalled and painted, the basement adds versatility. An energy-efficient geothermal system installed in 2020 completes this exceptional property. This one-of-a-kind retreat blends privacy, natural beauty, and modern comfort-don't miss your chance to experience it.
  1. Listed by Patrick Watkins • Mike Watkins Real Estate Group
  2. Listed by Christopher Watkins • Mike Watkins Real Estate Group

Property Details for 4866 East 500th Street South

Architectural Style
Traditional
Subdivision Name
No Subdivision
Township
Blue River
LISTING UPDATED: 12/15/2025 01:50 PM

Property Details for 4866 East 500th Street South

StatusPending
MLS #22049683
Days on Market137
Taxes$3,540 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1999
Lot Size11.66 AC / 507,909 SF
CountyJohnson County

Location

Listing Courtesy of Mike Watkins Real Estate Group
Add your commute

Building Information for 4866 East 500th Street South

Stories-Year Built1999Building Size-Lot Size11.66 AC / 507,909 SF

Payment Calculator

$4,345 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,755

Property Taxes

$590

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4866 East 500th Street South

Summary
Location and General Information
  • City: Franklin
  • County Or Parish: Johnson
  • Directions: GPS Friendly
  • Postal Code: 46131
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 411207044008000004
  • Semi Annual Property Tax Amt: 3540
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • Additional Parcels Description: 411208033011006004, 411217022007005004
  • TaxLot: 10
  • Tax Block: 0
School Information
  • Elementary School: East Side Elementary School
  • High School: Edinburgh Community High School
  • Middle Or Junior School: Edinburgh Comm Middle School
  • School District: Edinburgh Community School Corp
Parking
  • Garage YN: Yes
  • Garage Parking Other: Finished Garage
  • Garage Spaces: 3.0
  • Garage SqFt: 630
Virtual Tour
Property
Lot Information
  • Acreage: 10-20 Acres
  • Lot Description: Irregular Lot, Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
  • Lot Size Square Feet: 507909.0
  • Lot Size Acres: 11.66
  • Main Level SqFt: 1547
  • New Construction: False
  • Living SqFt: 2103.0
  • Sqft Total: 3650.0
  • Sq Ft Total: 4877.0
  • Year Built Numeric: 1999
  • Below Grade Finished Area: 1227.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Inspection Warranties: General
  • Legal Subdivision: W SW S8 T11 R5 PT Tract 10, NW NW S/7 T11 R5 PT Tract 10, E SE ST T11 R5 PT Tract 10
  • Photos Count: 59
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Electric: 200+ Amp Service
  • Solid Waste: No
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Storage Shed
  • Foundation Details: Concrete Perimeter, Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Electric Cooktop, Dishwasher, Oven, Double Oven, Range Hood, Refrigerator, Water Softener Rented
  • Areas Interior: Laundry in Unit,Living Room Formal
  • Basement Description: Ceiling - 9+ feet, Finished, Partial, Roughed In, Walk-Out Access
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Breakfast Room, Formal Dining Room
  • Fireplaces Total: 0
  • Heating: Geothermal
  • Interior Features: Attic Access, High Ceilings, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Walk-In Closet(s), Wood Work Painted
  • Levels: Two
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Smoke Alarm
  • Room List: Living Room, Dining Room, Kitchen, Laundry, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Sitting Room, Great Room, Family Room, Bonus Room
  • Room and Features: Living Room-Main-Luxury Vinyl Plank, Dining Room-Main, Kitchen-Main-Luxury Vinyl Plank, Laundry-Main-Luxury Vinyl Plank, Primary Bedroom-Upper, Bedroom 2-Upper, Bedroom 3-Upper, Bedroom 4-Upper, Bedroom 5-Upper, Sitting Room-Upper, Great Room-Main-Luxury Vinyl Plank, Family Room-Basement-Other, Bonus Room-Basement-Other
  • Main Level Bedrooms: 0
  • Num Bedrooms Upper: 5
  • Num Bedrooms Basement: 0
  • Rooms Basement: 3
Room Information
Room Information
  • Rooms MU: 12
  • Rooms Total MU: 12
  • Total Rooms: 15
Room 1
  • Room Level: Main
  • Room Dimensions: 11x10
  • Room Features: Luxury Vinyl Plank
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 13x11
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 21x15
  • Room Features: Luxury Vinyl Plank
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 12x11
  • Room Features: Luxury Vinyl Plank
  • Room Type: Laundry
Room 5
  • Room Level: Upper
  • Room Dimensions: 20x15
  • Room Type: Primary Bedroom
Room 6
  • Room Level: Upper
  • Room Dimensions: 12x12
  • Room Type: Bedroom 2
Room 7
  • Room Level: Upper
  • Room Dimensions: 13x11
  • Room Type: Bedroom 3
Room 8
  • Room Level: Upper
  • Room Dimensions: 13x11
  • Room Type: Bedroom 4
Room 9
  • Room Level: Upper
  • Room Dimensions: 15x12
  • Room Type: Bedroom 5
Room 10
  • Room Level: Upper
  • Room Dimensions: 18x12
  • Room Type: Sitting Room
Room 11
  • Room Level: Main
  • Room Dimensions: 20x16
  • Room Features: Luxury Vinyl Plank
  • Room Type: Great Room
Room 12
  • Room Level: Basement
  • Room Dimensions: 32x15
  • Room Features: Other
  • Room Type: Family Room
Room 13
  • Room Level: Basement
  • Room Dimensions: 11x15
  • Room Features: Other
  • Room Type: Bonus Room
Room 14
  • Room Level: Basement
  • Room Dimensions: 15x14
  • Room Features: Other
  • Room Type: Bonus Room
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 2
  • Bathrooms Total Count: 5
  • Full Baths Basement: 0
  • Full Baths Main: 0
  • Full Baths MU: 3
  • Full Baths Upper: 3
  • Half Baths Basement: 1
  • Half Baths Main: 1
  • Half Baths MU: 1
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 5
  • Bedrooms MU: 5
  • Bedrooms Total: 5

Property History for 4866 East 500th Street South

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Pending

MIBORMLS #22049683

—
Nov 11, 2025

Price Change

MIBORMLS #22049683

$760,000—
Sep 26, 2025

Price Change

MIBORMLS #22049683

$774,900—
Jul 30, 2025

Listed (Active)

MIBORMLS #22049683

$799,900—
May 20, 2022

Sold

MIBORMLS #21827851

$570,000—
Apr 8, 2022

Pending

MIBORMLS #21827851

—
Jan 7, 2022

Price Change

MIBORMLS #21827851

$630,000—
Dec 7, 2021

Listed (Active)

MIBORMLS #21827851

$650,000—
DateEvent & SourcePrice
12/15/2025

Pending

MIBORMLS #22049683

—
11/11/2025

Price Change

MIBORMLS #22049683

$760,000
09/26/2025

Price Change

MIBORMLS #22049683

$774,900
07/30/2025

Listed (Active)

MIBORMLS #22049683

$799,900
05/20/2022

Sold

MIBORMLS #21827851

$570,000
04/08/2022

Pending

MIBORMLS #21827851

—
01/07/2022

Price Change

MIBORMLS #21827851

$630,000
12/07/2021

Listed (Active)

MIBORMLS #21827851

$650,000

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

Schools near 4866 East 500th Street South

This home is within Edinburgh Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
East Side Elementary School
PublicPK to 5

Edinburgh Community Middle School
Public6 to 8

Edinburgh Community High School
Public9 to 12

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 Watkins Real Estate Group

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/29/2025 06:06 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.