5081 N 500 W Fairland, IN 46126
Estimated payment $2,138/month
Highlights
- Mature Trees
- No HOA
- 4 Car Detached Garage
- Separate Formal Living Room
- Formal Dining Room
- Tandem Parking
About This Home
Discover the perfect blend of tranquil country living and modern convenience in this expansive country home nestled on 0.80 acres of lush landscape. This charming property boasts over 2800 sqft of thoughtfully designed living space, featuring 5 spacious bedrooms and 2.5 bathrooms, providing ample room for family and guests alike. The heart of this home is its inviting sunroom, where you can soak in the serene surroundings and enjoy the picturesque scenic views that change with the seasons. For the hobbyist, a generous 30x20 outbuilding offers endless possibilities, whether you're into crafts, woodworking, or simply need extra storage space. Car enthusiasts and DIYers will appreciate the 2-car tandem detached garage, providing plenty of room for vehicles, tools, and projects. The idyllic property is a true escape, offering peace and privacy Whether you're hosting family gatherings in the spacious living areas or enjoying quiet moments of solitude in your sun-drenched sanctuary, this home truly has it all. Experience easy living in this country retreat.
Listing Agent
Monteith-Legault Real Estate C License #RB14046520 Listed on: 06/27/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1970
Lot Details
- 0.8 Acre Lot
- Rural Setting
- Mature Trees
Parking
- 4 Car Detached Garage
- Tandem Parking
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Block Foundation
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Woodwork
- Gas Log Fireplace
- Entrance Foyer
- Separate Formal Living Room
- Dining Room with Fireplace
- Formal Dining Room
- Attic Access Panel
- Laundry closet
Kitchen
- Electric Cooktop
- Built-In Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- Enclosed Glass Porch
Utilities
- Two cooling system units
- Forced Air Heating and Cooling System
- Heating System Powered By Owned Propane
- Heating System Uses Propane
- Well
- Electric Water Heater
Community Details
- No Home Owners Association
- Subdivision Not Available See Legal
Listing and Financial Details
- Tax Lot 73-06-05-400-017.000-018
- Assessor Parcel Number 730605400017000018
Map
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 |
|---|---|---|---|---|
| 2024 | $1,785 | $234,600 | $16,300 | $218,300 |
| 2023 | $1,606 | $227,000 | $16,300 | $210,700 |
| 2022 | $1,671 | $218,100 | $16,300 | $201,800 |
| 2021 | $1,502 | $200,400 | $16,300 | $184,100 |
| 2020 | $1,550 | $207,300 | $16,300 | $191,000 |
| 2019 | $1,549 | $204,000 | $16,000 | $188,000 |
| 2018 | $1,629 | $216,700 | $16,000 | $200,700 |
| 2017 | $1,552 | $207,600 | $16,000 | $191,600 |
| 2016 | $1,376 | $201,300 | $16,000 | $185,300 |
| 2014 | $1,314 | $205,900 | $16,000 | $189,900 |
| 2013 | $1,314 | $205,900 | $16,000 | $189,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2025 10/06/25 | Price Changed | $379,900 | -2.6% | $134 / Sq Ft |
| 09/13/2025 09/13/25 | Price Changed | $389,900 | -2.5% | $138 / Sq Ft |
| 07/16/2025 07/16/25 | Price Changed | $399,900 | -3.6% | $141 / Sq Ft |
| 06/27/2025 06/27/25 | For Sale | $415,000 | -- | $147 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22046548
APN: 73-06-05-400-017.000-018
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