UNDER CONTRACT
$28K PRICE DROP
27940 Indianapolis Rd Wellsville, KS 66092
Estimated payment $2,923/month
Total Views
6,149
5
Beds
1
Bath
1,617
Sq Ft
$309
Price per Sq Ft
Highlights
- 1,742,400 Sq Ft lot
- Corner Lot
- Detached Garage
- Separate Formal Living Room
- No HOA
- Central Air
About This Home
Located in Miami County, between Paola and Ottawa, A conveniently located 40+- Acre property lies perfect for a family compound or an investment. The opportunity to build your dream home and have your family live on the same property in the farmhouse is here. Or rent it out for income!
A 1600+ square foot remodeled farmhouse, built in 1900, sits on the northeast corner of the property. With fresh exterior paint and brand new carpet, this home is immediately move in ready. The lower floor includes two living rooms, kitchen, bedroom, and a full bath. Up the staircase leads to 4 bedrooms with one of the bedrooms being a prime location to add another bathroom over the kitchen. There is Central Ac along with a propane furnace. The utilities are served by Evergy and Miami County Rural Water #2. The home is surrounded by large hardwood trees for that movie type farmhouse feel and the two porches await a couple chairs and a cup of coffee.
The property consists of 40+- acres with a 2000 sqft farm utility building with electric ready for equipment storage or boat storage as 4,580 acre Hillsdale Lake is seemingly right around the corner. Along with a historic 1930’s milk barn. The pasture is fully fenced and cross-fenced if you decide to bring your cows, horses, or want to start a farm. There are plenty of shade trees including a pond for water along with water hydrants. The front hay ground consists of brome, fescue, and clover.
Don’t miss out on this opportunity to invest as a short-term rental or a bed and breakfast while you build your own home on the property or bring the family together on one property!
Listing Agent
Midwest Land Group Brokerage Phone: 214-707-3105 License #00249896 Listed on: 07/16/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,639
Lot Details
- 40 Acre Lot
- Corner Lot
Parking
- Detached Garage
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1,617 Sq Ft Home
- 2-Story Property
- Family Room
- Separate Formal Living Room
- Carpet
- Crawl Space
- Laundry on main level
Bedrooms and Bathrooms
- 5 Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating System Uses Propane
- Septic Tank
Community Details
- No Home Owners Association
- Wellsville Subdivision
Listing and Financial Details
- $0 special tax assessment
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,639 | $26,163 | $5,576 | $20,587 |
| 2024 | $2,639 | $30,918 | $5,138 | $25,780 |
| 2023 | $2,771 | $30,405 | $4,609 | $25,796 |
| 2022 | $2,169 | $24,101 | $5,667 | $18,434 |
| 2021 | $2,169 | $0 | $0 | $0 |
| 2020 | $1,983 | $0 | $0 | $0 |
| 2019 | $3,244 | $0 | $0 | $0 |
| 2018 | $3,112 | $0 | $0 | $0 |
| 2017 | $1,579 | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | For Sale | $499,977 | 0.0% | $309 / Sq Ft |
| 08/28/2025 08/28/25 | Pending | -- | -- | -- |
| 08/09/2025 08/09/25 | Price Changed | $499,977 | -5.3% | $309 / Sq Ft |
| 07/16/2025 07/16/25 | For Sale | $527,797 | -- | $326 / Sq Ft |
Source: Heartland MLS
Similar Homes in Wellsville, KS
Source: Heartland MLS
MLS Number: 2563938
APN: 079-31-0-00-00-001.00-0
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Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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