$409,900
PENDING $20K PRICE DROP

7140 N Michigan Rd Fairland, IN 46126

Estimated payment $2,482/month

Total Views 15,401
4 Beds
2.5 Baths
2,713 Sq Ft
$151 Price per Sq Ft

Highlights

  • Mature Trees
  • Wood Flooring
  • No HOA
  • Cathedral Ceiling
  • Pole Barn
  • Rustic Architecture

About This Home

Country Charm Meets City Convenience - Your Private 2-Acre Retreat Awaits! If you're dreaming of peaceful country living without sacrificing quick access to the city, this beautifully updated 4-bedroom, 2.5-bath estate is the one you've been waiting for. Nestled on 2 serene acres, this property offers the space and tranquility of rural life while being just 15 minutes from Shelbyville and 20 minutes to downtown. Step inside and you'll find a warm, inviting home packed with thoughtful updates and timeless character. The kitchen is a showstopper, featuring granite countertops, a custom wood island, and newer stainless steel appliances. The spacious family room impresses with its soaring two-story ceiling and a cozy wood-burning stove that can heat the entire house. Upstairs, each bedroom offers generous space, with a small bonus room perfect for a home office or additional storage. The main bedroom includes a walk-in closet and its own private deck with sweeping views of the entire property-a perfect place to enjoy a sunrise coffee or unwind at sunset. This home has seen major upgrades in all the right places: a new boiler system in 2023, water heater in 2022, water softener and all new windows in 2024, plus a new well pump and fully remodeled bathrooms in 2023. Outside, the 30x60 heated pole barn is a dream come true-complete with 200-amp electric service, it's ideal for hobbies, storage, or a serious workspace. And with a full 1,700 square foot basement, there's even more potential to expand your living space or create the ultimate home gym, game room, or media lounge. Whether you want wide open skies or a quick city commute, this rare gem offers the best of both worlds.

Listing Agent

Todd Campbell

United Real Estate Indpls License #RB14038058 Listed on: 05/04/2025

United Real Estate Indpls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,624

Year Built

  • Built in 1985

Lot Details

  • 1.91 Acre Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Rustic Architecture
  • Block Foundation
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Cathedral Ceiling
  • Paddle Fans
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump with Backup

Outdoor Features

  • Fire Pit
  • Pole Barn
  • Wrap Around Porch

Schools

  • Triton Central Elementary School
  • Triton Central Middle School
  • Triton Central High School

Utilities

  • Window Unit Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 730229400014000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,624

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Split Level, Rustic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1985
  • Building Area Total: 4458
  • Garage Y N: Yes
  • Lot Size Acres: 1.91
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished, Finished Walls
  • Appliances: Dishwasher, Dryer, Electric Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Attic Pull Down Stairs, Cathedral Ceiling(s), Kitchen Island, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Wired for Data
  • Living Area: 2713
  • Other Equipment: Sump Pump w/Backup
  • Areas Interior: Great Room - 2 Story,Laundry in Garage,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 2229
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 484
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Barn Pole, Fire Pit
  • Fencing: Chain Link, Partial
  • Foundation Details: Block
  • List Price: 409900
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Wrap Around
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached, Heated Garage, Storage
  • Fuel: Propane Leased
  • Garage Sq Ft: 462

Utilities

  • Utilities: Cable Available
  • Cooling: Window Unit(s)
  • Electric: 200+ Amp Service
  • Heating: Hot Water
  • Laundry Features: Laundry Room
  • Water Source: Private
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Triton Central Middle School

Lot Info

  • Lot Features: Not In Subdivision, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 83200
  • Parcel Number: 730229400014000013
  • Acres: 1-3 Acres
  • Price Acre: 214607

Tax Info

  • Tax Annual Amount: 2624
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1312
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Triton Central Elementary School
  • High School: Triton Central High School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,624 $365,100 $30,600 $334,500
2023 $2,690 $357,300 $30,600 $326,700
2022 $2,592 $323,600 $27,100 $296,500
2021 $1,936 $246,000 $27,100 $218,900
2020 $1,885 $242,500 $27,100 $215,400
2019 $1,820 $231,200 $26,700 $204,500
2018 $1,631 $214,600 $26,700 $187,900
2017 $1,485 $204,900 $26,700 $178,200
2016 $1,244 $189,500 $25,700 $163,800
2014 $1,161 $189,100 $25,700 $163,400
2013 $1,161 $189,100 $25,700 $163,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Pending -- -- --
07/15/2025 07/15/25 Price Changed $409,900 -2.4% $151 / Sq Ft
06/06/2025 06/06/25 Price Changed $419,900 -2.3% $155 / Sq Ft
05/04/2025 05/04/25 For Sale $429,900 +32.3% $158 / Sq Ft
11/15/2021 11/15/21 Sold $325,000 -15.6% $82 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $385,000 -- $97 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $410,637 Lopez Dean
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,750 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $150,000 Purchase Money Mortgage
Previous Owner $60,000 Credit Line Revolving
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22036655

MIBOR Broker Listing Cooperative®

APN: 73-02-29-400-014.000-013