RENTED OCT 1, 2025

5604 E Michigan Rd Waldron, IN 46182

Estimated Value: $285,000 - $397,000

3 Beds
1.5 Baths
2,162 Sq Ft
$166/Sq Ft Est. Value

Highlights

  • Updated Kitchen
  • 55.71 Acre Lot
  • Deck
  • Waldron Elementary School Rated 9+
  • Mature Trees
  • Traditional Architecture

About This Home

As of October 2025

This well-maintained farmhouse offers peaceful country living with modern comforts. Featuring three bedrooms and one and a half baths, the home includes a spacious living room, dining room, and a kitchen outfitted with quartz countertops, stainless steel appliances, and hardwood floors throughout. The main level boasts two bedrooms, a full bath with a large, tiled shower and double vanity, and a convenient laundry room. Upstairs, the finished attic provides a versatile space with a half bath and an additional bedroom. Outdoor amenities include a covered front porch, an open back deck off the kitchen, split rail fencing, and a detached one-car garage. A minimum 12-month lease is required, and please note that pets are not permitted. Lot size does not include the tillable acreage, only grass area around the house in fenced area.

Last Agent to Rent the Property

Amy Limpus

The Property Shop of Indiana License #RB14036373 Listed on: 09/10/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 55.71 Acre Lot
  • Rural Setting
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • High Ceiling
  • Formal Dining Room
  • Basement
  • Basement Cellar
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Waldron Elementary School
  • Waldron Jr-Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Property managed by The Property Shop of Indiana, LLC

Listing and Financial Details

  • Security Deposit $1,325
  • Property Available on 9/6/25
  • Tenant pays for all utilities, insurance, trash collection
  • The owner pays for insurance, taxes
  • 12-Month Minimum Lease Term
  • $25 Application Fee
  • Tax Lot 73-12-19-200-001.000-011
  • Assessor Parcel Number 731219200001000011

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2025-09-06
  • Lease Amount: 1300
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities, Insurance, Trash Collection
  • Min Lease Req: 12
  • Security Deposit: 1325
  • Smoking: No
  • Application Fee: 25
  • Security Deposit Refundable Y N: Yes
  • Leased Type: Leased
  • Lease Termin Months: 24

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1920
  • Building Area Total: 2836
  • Garage Y N: Yes
  • Lot Size Acres: 55.71
  • Subdivision Name: No Subdivision
  • Transaction Type: Lease
  • Website: www.thepropertyshopofindiana.com
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Oven, Range Hood, Refrigerator, Washer, Water Softener Owned
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Interior Amenities: Bath Sinks Double Main, Breakfast Bar, High Ceilings, Hardwood Floors, Wood Work Painted
  • Living Area: 2162
  • Other Equipment: Smoke Alarm
  • Owner Pays: Insurance, Taxes
  • Areas Interior: Laundry in Unit
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1263
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 899

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Partial, Split Rail
  • Foundation Details: Cellar, Brick
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Utilities: Electricity Connected, Septic System
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump
  • Laundry Features: Main Level
  • Water Source: Well, Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: No
  • Property Management Company: The Property Shop of Indiana, LLC
  • Property Management Company Contact: The Property Shop of Indiana, LLC
  • Property Management Company Email: alimpus@propertyshopin.com
  • Property Management Company Phone: 317-840-5786

Lot Info

  • Lot Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 2426728
  • Parcel Number: 731219200001000011
  • Acres: >20 Acres

Tax Info

  • Tax Annual Amount: 3096
  • Tax Block: 0
  • Tax Lot: 73-12-19-200-001.000-011
  • Semi Annual Property Tax Amt: 1548
  • Tax Exemption: None

MLS Schools

  • Elementary School: Waldron Elementary School
  • High School: Waldron Jr-Sr High School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 Rented $1,300 0.0% --
09/22/2025 09/22/25 Under Contract -- -- --
09/10/2025 09/10/25 For Rent $1,300 +23.8% --
08/05/2020 08/05/20 Rented $1,050 0.0% --
07/27/2020 07/27/20 Under Contract -- -- --
07/20/2020 07/20/20 For Rent $1,050 0.0% --
08/01/2018 08/01/18 Rented $1,050 0.0% --
07/16/2018 07/16/18 Under Contract -- -- --
07/10/2018 07/10/18 For Rent $1,050 -- --
Source: MIBOR Broker Listing Cooperative®

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 $3,096 $202,100 $112,700 $89,400
2023 $2,861 $182,700 $96,500 $86,200
2022 $2,579 $163,100 $79,400 $83,700
2021 $2,201 $141,100 $70,400 $70,700
2020 $2,079 $137,000 $70,100 $66,900
2019 $2,234 $149,600 $84,900 $64,700
2018 $2,217 $148,700 $86,900 $61,800
2017 $2,223 $156,200 $97,600 $58,600
2016 $2,109 $159,400 $102,500 $56,900
2014 $2,169 $168,500 $106,500 $62,000
2013 $2,169 $155,600 $93,600 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22061852

MIBOR Broker Listing Cooperative®

APN: 73-12-19-200-001.000-011