NOT LISTED FOR SALE

5752 E River Rd Waldron, IN 46182

Estimated Value: $283,000 - $799,923

3 Beds
2 Baths
2,790 Sq Ft
$194/Sq Ft Est. Value

Last Sold September 09, 2025

Last sale price $610,000 $219 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,386/month

96 Days on Market

Highlights

  • Family Room with Fireplace
  • Gothic Architecture
  • No HOA
  • Waldron Elementary School Rated 9+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of September 2025

Step into a piece of Indiana history with this extraordinary 1864 Greek Revival masterpiece, proudly listed on the National Register of Historic Places. Nestled on 6.84 lush, spring-fed acres, this rare offering blends timeless architecture with versatile modern functionality. Located just a short drive from Indianapolis, this estate offers both historical charm and prime convenience, making it an ideal private residence, event venue, or business investment. Once a cherished horse farm, this property offers incredible potential-whether you envision elegant weddings, corporate retreats, or a return to its equestrian roots. The property also includes a 2 car Carriage House equipped with potential for a commercial kitchen space, as well as an upstairs living quarters. The Stone Barn Event Center is ready to host elegant events, receptions, or celebrations or be converted back into its original use as a horse barn. The Indiana Heritage Barn built in 1840 is a functional space for livestock or hobby farming, maintaining the estate's agricultural roots. Located just minutes from I-74, this estate provides a serene countryside escape with easy access to Indianapolis, Shelbyville, and surrounding areas. Whether you're an event visionary, historic home enthusiast, or equestrian at heart, this once-in-a-lifetime property invites you to write the next chapter in its remarkable story. Property is back on market at no fault of the sellers.

Last Agent to Sell the Property

Heather Babb

CENTURY 21 Scheetz License #RB24001063 Listed on: 04/01/2025

CENTURY 21 Scheetz

Co-Listed By

Scott Babb

CENTURY 21 Scheetz License #RB23000178

Last Buyer's Agent

Josh Baxter

F.C. Tucker Company License #RB25000005

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $672

Year Built

  • Built in 1864

Lot Details

  • 6.84 Acre Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Gothic Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Power Generator
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Homestead Tax
  • Assessor Parcel Number 731607200010000014
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$672

Year Built

Built in 1864

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Gothic Revival
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1864
  • Building Area Total: 3060
  • Garage Y N: Yes
  • Lot Size Acres: 6.84
  • On Market Date: 2025-04-01
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Unfinished
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Exhaust Fan, Microwave, Electric Oven, Gas Oven, Refrigerator, Washer
  • Levels: Three Or More
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Kitchen Island, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Pantry
  • Living Area: 2790
  • Other Equipment: Generator, Sump Pump
  • Spa Y N: No
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1710
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1080

Exterior Features

  • Construction Materials: Brick
  • Fencing: Full
  • Foundation Details: Brick/Mortar, Crawl Space
  • Patio And Porch Features: Patio, Porch
  • Pool Private Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Zoned, Forced Air, Natural Gas, Propane
  • Laundry Features: Main Level
  • Water Source: Other
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: Barn
  • Lot Size Sq Ft: 297950
  • Parcel Number: 731607200010000014
  • Acres: 5-10 Acres

Tax Info

  • Tax Annual Amount: 672
  • Tax Lot: Homestead Tax
  • Semi Annual Property Tax Amt: 336
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2019
Sold by
Stewart James J
Bought by
Linder Jeffrey M and Linder Pamela S
Current Estimated Value
$541,462

Purchase Details

Listed on
Sep 17, 2014
Closed on
Jan 7, 2015
Sold by
Linder Jeffrey M and Linder Pamela S
Bought by
Babb Murray G and Babb Nicki L
Seller's Agent
Nancy Smith
Dropped Members
Buyer's Agent
Lindsey Smalling
F.C. Tucker Company
List Price
$399,000
Sold Price
$325,000
Premium/Discount to List
-$74,000
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$260,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Linder Jeffrey M -- None Available
Babb Murray G -- Nationwide Title Clearing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babb Murray G $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2025 09/09/25 Sold $610,000 -2.4% $219 / Sq Ft
07/06/2025 07/06/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $625,000 0.0% $224 / Sq Ft
07/02/2025 07/02/25 For Sale $625,000 -5.2% $224 / Sq Ft
06/07/2025 06/07/25 Pending -- -- --
05/28/2025 05/28/25 Price Changed $659,000 -3.8% $236 / Sq Ft
04/14/2025 04/14/25 Price Changed $685,000 -2.0% $246 / Sq Ft
04/14/2025 04/14/25 For Sale $699,000 +14.6% $251 / Sq Ft
04/01/2025 04/01/25 Off Market $610,000 -- --
04/01/2025 04/01/25 For Sale $699,000 +74.8% $251 / Sq Ft
07/28/2017 07/28/17 Sold $400,000 -4.7% $131 / Sq Ft View Prior Sale
06/29/2017 06/29/17 For Sale $419,900 0.0% $137 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
05/22/2017 05/22/17 Price Changed $419,900 -6.5% $137 / Sq Ft
04/05/2017 04/05/17 For Sale $449,000 +38.2% $147 / Sq Ft
01/07/2015 01/07/15 Sold $325,000 -6.9% $106 / Sq Ft View Prior Sale
12/10/2014 12/10/14 Pending -- -- --
11/26/2014 11/26/14 Price Changed $349,000 -12.5% $114 / Sq Ft
09/17/2014 09/17/14 For Sale $399,000 -- $130 / Sq Ft
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 $6,483 $428,300 $94,000 $334,300
2023 $6,251 $403,400 $80,900 $322,500
2022 $775 $52,500 $52,500 $0
2021 $711 $45,100 $45,100 $0
2020 $687 $44,800 $44,800 $0
2019 $820 $55,100 $55,100 $0
2018 $842 $56,000 $56,000 $0
2017 $919 $64,400 $64,400 $0
2016 $909 $68,100 $68,100 $0
2014 $3,025 $336,900 $98,500 $238,400
2013 $3,025 $325,200 $86,800 $238,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22022514

MIBOR Broker Listing Cooperative®

APN: 73-16-07-200-001.000-014