1026 S 500 W New Palestine, IN $ 495,000
1026 S 500 W
$ 495,000
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1026 S 500 W

New Palestine, IN, 46163
$ 495,000
Bedrooms4 Baths2.1 Sq 2,850

Monthly Estimate*

$ 3,290

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Single Family Home for sale in New Palestine, IN

for $495,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,850 square foot home was built in 1975 on a lot size of 1.08.

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.

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Single Family Active

Price

$ 495,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 2,430

Style

Ranch

Lot Size

1.08

Year Built

1975

Town/City

New Palestine

County/Region

Hancock

MLS | Web ID

21978078

Features
General
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 Woo
Heating Dual Electric Forced Air Gas Heat Pump High Efficiency (90%+ AFUE ) Other
Cooling Central Electric
Utilities Electricity Connected Gas Septic System Well
Possession Closing Negotiable
Appliances Dishwasher Dryer Gas Water Heater Convection Oven Electric Oven Refrigerator Tankless Water Heater Washer Water Softener Owned
Exterior Features Barn Pole Barn Storage Out Building With Utilities Storage Shed
Garage Spaces 2
Patio/Porch Features Open Patio Screened Patio
Architectural Style Ranch
Construction Materials Brick
Year Built 1975
Electric 100 Amp Service 200+ Amp Service 220 Volts For Spa 220 Volts in Garage 220 Volts in Kitchen Circuit Breakers
Township Sugar Creek
Levels One
Property SubType Single Family Residence
Tax Year 2023
County Hancock
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name Gem Meadows
Facing Direction East
Garage Y/N Y
Total Rooms 9
Status Active
Directions GPS Friendly
High School New Palestine High School
City New Palestine
Buyer Agent Compensation 2
View Y/N N
High School District Southern Hancock Co Com Sch Corp
MLS Area 3007 - Hancock - Sugar Creek
Lot Size Square Feet 47045
Waterfront Y/N N
Street Name 500
Spa Features See Remarks
Elementary School Sugar Creek Elementary Sch
Property Attached Y/N N
Current Financing Exchange - 1031 Conventional FHA USDA VA
Middle/Junior High School New Palestine Jr High School
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Days on Market 12
Standard Status Active
Tax Lot Provided by Title
Buyer Agent Compensation Type %
Legal Description Gem Meadows Pt L19
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Exterior
Parking Features Attached Asphalt Electric Vehicle Service Equipment (EVSE) Garage Door Opener Guest Parking Storage
Lot Features Corner Lot
Water Source Private Well
Foundation Details Block Slab
Spa Y
Building Area Total 2850
Lot Size Acres 1.08
Other Equipment Smoke Alarm Sump Pump
Horse Amenities None
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Interior
Total Fireplaces 1
Fireplace Features Family Room Insert Woodburning Fireplce
Basement (Y/N) N
Full Baths 2
Half Baths 1
Laundry Features Connections All Laundry Closet Main Level
Total Bedrooms 4
Main Level Bedrooms 4
Total Baths 3
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* Excluded Features
List By
Key Realty Indiana

Broker

eli@simplifyre.com

Email

Affordability Calculator

$3,492
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,290
Monthly Property Taxes
$203
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4046557 Elementary School
4051873 Middle School
New Palestine High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$495,000 -1.00% Price Down
5/17/2024$500,000 Listed Price

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1026 S 500 W, New Palestine, IN, 46163 is a Single Family Home for sale at $495,000 with 2,850 sqft and a lot size of 1.08. 1026 S 500 W has 4 bedrooms, 2.1 baths, and was built in 1975. The property's zip code is 46163 which is in New Palestine, IN