NOT LISTED FOR SALE

6511 N 550 E Lebanon, IN 46052

Estimated Value: $605,000 - $747,000

3 Beds
2.5 Baths
2,328 Sq Ft
$291/Sq Ft Est. Value

Sale Details

Date Sold: February 6, 2025

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

Est. 4% decrease in value since last sale

Current estimated payment $3,893 / mo

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Feb 6, 2025
Sold by
Bought by
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
$677,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,152
Avg. Annual Appreciation
-2.75%
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,783 $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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