NOT LISTED FOR SALE

6511 N 550 E Lebanon, IN 46052

Estimated Value: $674,119 - $778,000

3 Beds
2.5 Baths
2,328 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 06, 2025

Last sale price $705,000 $303 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,965/month

6 Days on Market

Highlights

  • Deck
  • Pole Barn
  • Country Kitchen
  • Ranch Style House
  • No HOA
  • 3 Car Attached Garage

About This Home

As of February 2025

Discover the perfect horse farm ready for its next chapter! This property spans two parcels: a 1.06-acre lot with the house and a 10.78-acre lot with the barns and pastures. The brick ranch, complete with a 3-car attached garage, offers a blank slate for your updates and personal touches. Recent improvements include a new roof within the past year and an HVAC system replaced 3-4 years ago. The home also features two water heaters, ensuring ample supply for all your needs. Designed with horse enthusiasts in mind, the property boasts a spacious barn with 8 stalls, a birthing stall, a tack room, and an office, all equipped with water and electricity. A 32x72 indoor riding arena, an automatic pasture water system, and white vinyl fencing make this farm a dream come true. With easy access to Indianapolis and endless possibilities, this property is a must-see!

Last Agent to Sell the Property

Heather Schaller

eXp Realty, LLC Brokerage Email: heatherschallersellshouses@yahoo.com License #RB14038556 Listed on: 01/06/2025

eXp Realty, LLC

Co-Listed By

Matthew Schaller

eXp Realty, LLC Brokerage Email: heatherschallersellshouses@yahoo.com License #RB21001121

Last Buyer's Agent

Sandy Busald

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 2000

Lot Details

  • 1.06 Acre Lot
  • Additional Parcels

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,328 Sq Ft Home
  • Great Room with Fireplace
  • Attic Access Panel

Kitchen

  • Country Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Pole Barn
  • Outbuilding

Schools

  • Thorntown Elementary School
  • Western Boone Jr-Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 061536000016002004
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,964

Year Built

Built in 2000

Lot Details

1.06 Acres

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2000
  • Building Area Total: 2328
  • Co List Office Phone: 888-611-3912
  • Garage Y N: Yes
  • Lot Size Acres: 1.06
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: heatherschallersellshouses@yahoo.com
  • Attribution Contact: heatherschallersellshouses@yahoo.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Center Island
  • Living Area: 2328
  • Eating Area: Dining Combo/Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2328
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Country
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Barn Pole, Out Building With Utilities
  • Fencing: Fence Complete
  • Foundation Details: Block
  • Patio And Porch Features: Deck Main Level

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Fuel: Propane Leased
  • Garage Parking Other: Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels Description: Pt Ne 36-20-1E 10.78
  • Additional Parcels: Yes
  • Horse Amenities: Arena, Barn, Boarding Facilities, Corral(s), Paddocks, Pasture, Round Pen, Stable(s), Tack Room, Wash Rack
  • Lot Size Sq Ft: 46174
  • Parcel Number: 061536000016002004
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2964
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1482
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Thorntown Elementary School
  • High School: Western Boone Jr-Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Feb 6, 2025
Sold by
Cripe Gale R Trustee Of The Ga
Bought by
Kistler Kevin A
Seller's Agent
Heather Schaller
eXp Realty, LLC
Buyer's Agent
Sandy Busald
eXp Realty, LLC
List Price
$750,000
Sold Price
$705,000
Premium/Discount to List
-$45,000
-6%
Views
35
Current Estimated Value
$724,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,530
Avg. Annual Appreciation
2.49%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Kistler Kevin A $7,050,000 Meridian Title Corporation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2025 02/06/25 Sold $705,000 -6.0% $303 / Sq Ft
01/12/2025 01/12/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $750,000 -- $322 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $2,344 $501,100 $21,900 $479,200
2024 $2,344 $389,800 $21,900 $367,900
2023 $2,165 $362,300 $21,900 $340,400
2022 $2,106 $325,800 $21,900 $303,900
2021 $1,952 $288,500 $21,900 $266,600
2020 $1,776 $264,300 $21,900 $242,400
2019 $1,677 $256,300 $21,900 $234,400
2018 $1,560 $246,600 $21,900 $224,700
2017 $1,489 $245,600 $21,900 $223,700
2016 $1,322 $232,300 $21,900 $210,400
2014 $1,009 $198,000 $22,400 $175,600
2013 $1,155 $198,000 $22,400 $175,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22015366

MIBOR Broker Listing Cooperative®

APN: 06-15-36-000-016.002-004

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