5240 W 400 N Fairland, IN 46126
Estimated payment $4,632/month
Highlights
- Updated Kitchen
- Mature Trees
- Vaulted Ceiling
- 32.88 Acre Lot
- Family Room with Fireplace
- No HOA
About This Home
Snail Creek Retreat Log Home Nestled on 32+ Wooded Acres FAIRLAND, IN. This single-family residence in Shelby County presents an attractive property that offers everything in rural living. Hunt, large & small game, fish or creek stomp, hike the woods, or sit on the wrap around porch to relax with your favorite beverage & enjoy all of nature around you. It's in great condition, offering a unique opportunity to embrace comfortable living. The living room is a striking centerpiece, boasting a fireplace that promises cozy evenings and a focal point for gatherings, while the beamed, high, and vaulted ceilings, along with wood walls and wood ceilings, create an atmosphere of spacious warmth and architectural interest. Imagine relaxing in this inviting space, where the combination of natural materials and thoughtful design offers both comfort and visual appeal. The Remodeled Kitchen with newer appliances including a 48" Kucht range/oven & Live Edge open wood shelving. The Main Level Master Bedroom is enhanced by its wood walls, offers a distinctive and calming retreat, providing a personal sanctuary where the beauty of natural elements contributes to a restful environment. The remodeled bathroom features walk-in shower & vanity which adds a touch of luxury to your daily routine. Walk-out Basement features Living/Dining area, Fireplace, Bedroom, for guests or college students during breaks. Laundry has New Water Softener, extra Storage space + 400AMP service wired for Generator Back-up. Relax or Entertain on the porch, decks, or other outdoor spaces. The Barn is 30x40 with concrete floor & apron has plenty space for hobbies, walk-in cooler to store your latest harvest of game, food, & drinks for large gatherings. With 1864 square feet of living area spread across 1.5 stories above ground & walk out partially finished basement. This residence presents a wonderful opportunity to craft a fulfilling lifestyle within its walls. Located 5 min to I-74 & 10 min to 65.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,228
Year Built
- Built in 1991 | Remodeled
Lot Details
- 32.88 Acre Lot
- Rural Setting
- Mature Trees
- Wooded Lot
Parking
- 3 Car Detached Garage
Home Design
- Log Cabin
- Log Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1.5-Story Property
- Vaulted Ceiling
- Self Contained Fireplace Unit Or Insert
- Family Room with Fireplace
- 2 Fireplaces
- Great Room with Fireplace
- Utility Room
- Fire and Smoke Detector
Kitchen
- Updated Kitchen
- Convection Oven
- Gas Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Sump Pump
- Fireplace in Basement
- Laundry in Basement
Outdoor Features
- Wrap Around Porch
Schools
- Triton Elementary School
- Triton Jr-Sr High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Wood
- Heating System Powered By Owned Propane
- Heating System Uses Propane
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 73-06-08-400-013.000-018
- Assessor Parcel Number 730608400013000018
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 | $2,228 | $272,300 | $32,600 | $239,700 |
| 2023 | $1,850 | $261,300 | $30,000 | $231,300 |
| 2022 | $1,865 | $248,900 | $27,300 | $221,600 |
| 2021 | $1,714 | $232,900 | $25,900 | $207,000 |
| 2020 | $1,631 | $225,400 | $25,800 | $199,600 |
| 2019 | $1,674 | $225,200 | $27,400 | $197,800 |
| 2018 | $1,646 | $225,900 | $27,700 | $198,200 |
| 2017 | $1,595 | $218,300 | $29,400 | $188,900 |
| 2016 | $1,464 | $217,200 | $30,100 | $187,100 |
| 2014 | $1,370 | $214,700 | $30,700 | $184,000 |
| 2013 | $1,370 | $214,500 | $28,800 | $185,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Price Changed | $805,000 | -1.8% | $243 / Sq Ft |
| 07/02/2025 07/02/25 | Price Changed | $820,000 | -1.2% | $247 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $830,000 | +172.1% | $250 / Sq Ft |
| 11/23/2015 11/23/15 | Sold | $305,000 | 0.0% | $97 / Sq Ft |
| 09/30/2015 09/30/15 | Off Market | $305,000 | -- | -- |
| 08/21/2015 08/21/15 | For Sale | $349,900 | -- | $112 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $75,000 | Credit Line Revolving | |
| Open | $2,499,307 | Commercial | |
| Closed | $290,200 | New Conventional | |
| Closed | $286,730 | New Conventional | |
| Closed | $289,750 | New Conventional | |
| Previous Owner | $56,000 | Unknown | |
| Previous Owner | $25,000 | Unknown |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22046159
APN: 73-06-08-400-013.000-018
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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