$220,000
SOLD AUG 2, 2025

5391 N 400 W Markle, IN 46770

3 Beds
1 Bath
2,768 Sq Ft
6.02 Acres

Recently Sold

$79 Per Sq Ft

17% Below List Price

125 Days on Market

Highlights

  • Partially Wooded Lot
  • 1-Story Property
  • Wood Burning Fireplace
  • Traditional Architecture
  • Wood Siding
  • Carpet

About This Home

As of August 2025

Nestled along a serene gravel road, this stunning 6-acre property is a homesteader’s dream come true. The charming home offers 3 bedrooms, 1 bathroom, and an impressive 2,768 square feet of finished living space. Surrounded by mature timber, the land features raised garden beds and a thriving native bee colony housed in a bee box. Stay cozy with your choice of heating, thanks to the traditional gas furnace and a spacious woodstove. A generous 1,250-square-foot detached barn provides ample storage or workspace. As a bonus, this paradise borders 7,347 acres of public land and the 900-acre JE Roush Lake Fish and Wildlife area, teeming with deer, squirrels, mushrooms, and endless opportunities for outdoor enthusiasts. This property is an absolute must-see!

Last Agent to Sell the Property

Keanu Rish

Lundquist Appraisals & Real Estate Brokerage Email: keanu@lundquistrealestate.com Listed on: 03/29/2025

Last Buyer's Agent

Jared Kent

Anthony REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 1983

Lot Details

  • 6.02 Acre Lot
  • Rural Setting
  • Electric Fence
  • Partially Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,768 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Block Basement Construction
  • Laminate Countertops
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Lancaster Central Elementary School
  • Norwell Middle School
  • Norwell High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 90-04-04-300-004.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,976

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1983
  • Age: 42
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 04-27-11 6.02A S 315' OF N 775' OF W 825' N/2 SW
  • Parcel Number ID: 90-04-04-300-004.000-016
  • Platted: Yes
  • Amenities: Countertops-Laminate, Main Floor Laundry
  • Location: Rural
  • Road Surface: Gravel
  • Sp Lp Percent: 83.02
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2768
  • Total Finished Sq Ft: 2768
  • Above Grade Finished Sq Ft: 2768
  • Price Per Sq Ft: 79.48
  • Basement Foundation: Slab
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 25x17, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Dining Room: Dimensions: 16x13, On Level: Main
  • Family Room: Dimensions: 18x11, On Level: Main
  • Den: Dimensions: 18x11, On Level: Main
  • Bedroom 1: Dimensions: 12x14, On Level: Main
  • Bedroom 2: Dimensions: 16x12, On Level: Main
  • Bedroom 3: Dimensions: 16x15, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Metal
  • Outbuilding1: Barn, Dimensions: 23x55
  • Fence: Electric

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Wood, Propane Tank Owned
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Northern Wells Community
  • Elementary School: Lancaster Central
  • Middle School: Norwell
  • High School: Norwell
  • Elementary School: Lancaster Central

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 6.02 acres
  • Estimated Lot Sq Ft: 262231
  • Estimated Lot Size Acres: 6.02

Tax Info

  • Annual Taxes: 1975.7
  • Exemptions: Homestead

MLS Schools

  • High School: Norwell
  • Middle School: Norwell
  • School District: Northern Wells Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
Thomas Mark E
Bought by
Thomas Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Outstanding Balance
$20,451
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$246,859

Purchase Details

Closed on
Oct 6, 1993
Sold by
128 Hunnicutt Wayne and 128 705
Bought by
Not Provided
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 Sold $220,000 -17.0% $79 / Sq Ft
08/02/2025 08/02/25 For Sale $265,000 +20.5% $96 / Sq Ft
08/01/2025 08/01/25 Off Market $220,000 -- --
04/14/2025 04/14/25 Price Changed $265,000 -3.6% $96 / Sq Ft
03/29/2025 03/29/25 For Sale $275,000 -- $99 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $1,991 $277,200 $111,600 $165,600
2023 $1,976 $274,900 $111,600 $163,300
2022 $1,425 $210,800 $62,100 $148,700
2021 $1,272 $191,300 $62,100 $129,200
2020 $1,013 $163,300 $62,100 $101,200
2019 $948 $151,000 $56,200 $94,800
2018 $944 $153,200 $55,100 $98,100
2017 $734 $143,200 $44,900 $98,300
2016 $739 $142,600 $44,900 $97,700
2014 $798 $141,500 $44,500 $97,000
2013 $792 $145,300 $44,500 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202510452

Indiana Regional MLS

APN: 90-04-04-300-004.000-016