5397 W Coletrane Hill Rd Connersville, IN 47331
Estimated payment $3,871/month
About This Lot
For sale: This 50+/- acre homestead in Fayette County, Indiana offers a perfect blend of rural living, functional outbuildings, and outdoor recreational opportunities. The main residence is a well-maintained 1,560 sq. ft. home with 3 bedrooms and 1.5 bathrooms, providing a cozy and comfortable living space. The property includes a newly constructed 64x48 ft. pole barn featuring heated floors, a full bathroom, 200-amp electrical service, and a 100x10 ft. front porch, ideal for storage, a workshop, or entertaining. An additional 36x40 ft. barn is equipped with animal stalls and an office, making it ideal for livestock or farming operations.
The land itself is primarily wooded, featuring marketable timber such as red oak, black oak, and poplar, along with a well-maintained trail system that allows easy exploration of the property. For families, there's a children's tree house for added outdoor fun. The property also offers a quarter-acre fenced-in pasture, perfect for livestock, and an additional 6+/- acres of non-fenced pasture that can be used for hay production, grazing, or food plots.
This versatile property provides endless opportunities for comfortable living, agriculture, and recreation. Whether you're seeking a family homestead, a place for outdoor activities, or land with income potential, this Fayette County property is the perfect fit. Dont miss out on making this beautiful property yours!

Property Details
Property Type
- Land
Est. Annual Taxes
- $1,634
Lot Details
- Level Lot
- Current uses include hunting/fishing, residential single
- Potential uses include residential single
Outdoor Features
- Wildlife includes whitetail deer, turkeys
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 | $1,634 | $169,300 | $24,800 | $144,500 |
2023 | $1,655 | $157,100 | $23,800 | $133,300 |
2022 | $997 | $113,400 | $22,700 | $90,700 |
2021 | $686 | $86,800 | $19,100 | $67,700 |
2020 | $651 | $79,300 | $19,000 | $60,300 |
2019 | $589 | $75,700 | $19,800 | $55,900 |
2018 | $920 | $97,600 | $34,900 | $62,700 |
2017 | $588 | $86,200 | $17,900 | $68,300 |
2016 | $603 | $86,600 | $18,200 | $68,400 |
2014 | $576 | $87,700 | $18,500 | $69,200 |
2013 | $576 | $84,600 | $17,700 | $66,900 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/07/2025 07/07/25 | Pending | -- | -- | -- |
06/19/2025 06/19/25 | Price Changed | $449,500 | -33.4% | $288 / Sq Ft |
06/05/2025 06/05/25 | Price Changed | $674,999 | -2.2% | $433 / Sq Ft |
05/29/2025 05/29/25 | Price Changed | $689,999 | -1.4% | $442 / Sq Ft |
05/22/2025 05/22/25 | Price Changed | $699,999 | -7.3% | $449 / Sq Ft |
04/30/2025 04/30/25 | Price Changed | $755,000 | -0.7% | $484 / Sq Ft |
04/08/2025 04/08/25 | Price Changed | $760,000 | 0.0% | $487 / Sq Ft |
04/08/2025 04/08/25 | For Sale | $760,000 | -1.9% | $487 / Sq Ft |
04/07/2025 04/07/25 | Off Market | $775,000 | -- | -- |
04/02/2025 04/02/25 | Price Changed | $775,000 | -1.3% | $497 / Sq Ft |
02/11/2025 02/11/25 | Price Changed | $785,000 | -1.4% | $503 / Sq Ft |
11/08/2024 11/08/24 | Price Changed | $795,900 | -3.5% | $510 / Sq Ft |
10/09/2024 10/09/24 | For Sale | $825,000 | -- | $529 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $120,000 | -- | |
Land Contract | $145,000 | -- | |
Deed | $135,000 | -- |
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