$160,000

12200 N Co Road 500 W Gaston, IN 47342

Estimated payment $912/month

Total Views 862
3 Beds
2 Baths
1,256 Sq Ft
$127 Price per Sq Ft

Highlights

  • Waterfront
  • Great Room
  • 2 Car Detached Garage
  • Lake, Pond or Stream
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

Escape to the quiet and serenity of the countryside with this charming 3-bedroom farmhouse set on nearly 4 acres. This property offers a rare combination of open green space, mature trees, and a pond, creating the perfect setting for relaxation and privacy. The home features a welcoming wrap-around porch, ideal for enjoying sunrises, sunsets, and everything in between. Multiple outbuildings provide abundant storage, workshop space, or room for hobbies and equipment. While the home is in need of some TLC, it presents a fantastic investment opportunity—unlock instant equity and watch its value grow for years to come. Highlights: Close to 4 acres of peaceful country living, 3 bedrooms with charming farmhouse character, Wrap-around porch for year-round enjoyment, Multiple outbuildings for storage, workshop, or projects, Scenic pond perfect for nature lovers, Quiet, private setting with open sky views. Important: If you’ve been searching for a place to create your dream country homestead or a weekend getaway with huge upside potential, this is it! This property is cash only, no financing available.

Listing Agent

Austin Rich

NextHome Elite Real Estate Brokerage Phone: 765-749-4546 Listed on: 08/12/2025

NextHome Elite Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $755

Year Built

  • Built in 1880

Lot Details

  • 3.85 Acre Lot
  • Waterfront
  • Rural Setting
  • Irregular Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Wes-Del Elementary And Middle School
  • Wesdel High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 18-06-02-100-006.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$755

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1880
  • Age: 145
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SW QTR NW QTR S02 T21 R09 3.840 AC
  • Parcel Number ID: 18-06-02-100-006.000-008
  • Platted: Yes
  • Amenities: Countertops-Laminate, Deck Open, Dryer Hook Up Electric, Eat-In Kitchen, Porch Covered, Range/Oven Hook Up Elec, Twin Sink Vanity, Tub/Shower Combination, Great Room, Main Floor Laundry, Washer Hook-Up
  • Location: Rural
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1572
  • Total Finished Sq Ft: 1256
  • Above Grade Finished Sq Ft: 1256
  • Below Grade Sq Ft: 316
  • Price Per Sq Ft: 127.39
  • Basement: Yes
  • Basement Foundation: Crawl, Cellar
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 19x10, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Family Room: Dimensions: 17x11, On Level: Main
  • Den: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 12x9, On Level: Main
  • Bedroom 2: Dimensions: 14x9, On Level: Upper
  • Bedroom 3: Dimensions: 13x8, On Level: Upper
  • Main Level Sq Ft: 1139
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 316

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Pole/Post Building, Dimensions: 30x40

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Laundry: Dimensions: Mainx3, On Level: 5
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: Wes-Del Community Schools
  • Elementary School: Wes-Del
  • Middle School: Wes-Del
  • High School: Wesdel
  • Elementary School: Wes-Del

Lot Info

  • Lot Description: Irregular, Waterfront, 3-5.9999, Water View
  • Estimated Lot Sq Ft: 167706
  • Estimated Lot Size Acres: 3.85

Tax Info

  • Annual Taxes: 755
  • Exemptions: Homestead

MLS Schools

  • High School: Wesdel
  • Middle School: Wes-Del
  • School District: Wes-Del Community Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $160,000 -- $127 / Sq Ft
Source: Indiana Regional MLS

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See All Homes in Gaston

Source: Indiana Regional MLS

MLS Number: 202531932

Indiana Regional MLS

Indiana Delaware County Gaston 47342

12200 N Co Road 500 W, Gaston, IN

This home is located at 12200 N Co Road 500 W, Gaston, IN 47342 and is currently priced at $160,000, approximately $127 per square foot. This property was built in 1880. 12200 N Co Road 500 W is a home located in Delaware County with nearby schools including Wes-Del Elementary School and Wes-Del Middle/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Austin Rich
Listing Agent
Austin Rich
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NextHome Elite Real Estate
(765) 705-7367