$578,360
SOLD SEP 11, 2025

8549 Elm Rd Bourbon, IN 46504

3 Beds
2.5 Baths
2,776 Sq Ft
10 Acres

Recently Sold

$208 Per Sq Ft

10% Above List Price

5 Days on Market

Highlights

  • Freestanding Bathtub
  • Covered Patio or Porch
  • Formal Dining Room
  • Victorian Architecture
  • Workshop
  • 2 Car Detached Garage

About This Home

As of September 2025

~ best & highest offer/terms by NOON on Sunday, August 10th.~ Nestled on a tranquil 10-acre, tree-lined property, this meticulously maintained farm is a rare gem that blends timeless charm with thoughtful updates in the Triton School System. The historic Victorian-style home, lovingly restored over the past 55 years, showcases a deep pride of ownership and a commitment to preserving its 1890s heritage. Soaring 9’+ ceilings, Windmill, clawfoot tub, hand-carved millwork, and refurbished doors plus transom windows fill the two-story residence with warmth & character, offering a glimpse into the past while providing modern comforts. With updated electric, a Geothermal HVAC system, and a remodeled kitchen (2010), the home is as practical as it is elegant. Offering 3 oversized bedrooms and 2.5 baths, this property promises comfort and space. Outside, a versatile Morton outbuilding (74’ x 35’) serves as a garage/workshop, with a large gathering space inside—perfect for family/youth events while making lifelong memories. 2 additional outbuildings: detached 2 car garage & small barn for livestock. Peaceful, secluded, and impeccably maintained, this farm is truly one of a kind. Pre-approved buyers only please. Please do not drive down the lane unless an appointment is approved. Pre-approved buyers only please.

Last Agent to Sell the Property

Mary Dale

Coldwell Banker Real Estate Group Brokerage Phone: 574-522-2822 Listed on: 07/17/2025

Coldwell Banker Real Estate Group

Last Buyer's Agent

LYNN KEHOE

COLLINS and CO REALTORS - PLYMOUTH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1890

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 1027x424
  • Rural Setting
  • Decorative Fence
  • Aluminum or Metal Fence
  • Landscaped
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Slate Roof
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Workshop
  • Unfinished Basement
  • Sump Pump
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Freestanding Bathtub
  • Garden Bath
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch

Schools

  • Triton Elementary And Middle School
  • Triton High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 50-43-35-000-010.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 135
  • Style: Two Story
  • Architectural Style: Victorian
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Legal description to be inserted in deed
  • Parcel Number ID: 50-43-35-000-010.000-001
  • Platted: Yes
  • Amenities: Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garden Tub, Landscaped, Natural Woodwork, Patio Open, Porch Covered, Range/Oven Hook Up Elec, Stand Up Shower, Workshop, Formal Dining Room, Sump Pump, Washer Hook-Up
  • Location: Rural
  • Sp Lp Percent: 110.16
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3404
  • Total Finished Sq Ft: 2776
  • Above Grade Finished Sq Ft: 2776
  • Below Grade Sq Ft: 628
  • Price Per Sq Ft: 208.34
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Fireplace: Family Rm
  • Flooring: Concrete, Vinyl
  • Living Great Room: Dimensions: 15x13, On Level: Main
  • Kitchen: Dimensions: 18x9, On Level: Main
  • Dining Room: Dimensions: 17x15, On Level: Main
  • Family Room: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 16x13, On Level: Upper
  • Bedroom 2: Dimensions: 16x13, On Level: Upper
  • Bedroom 3: Dimensions: 17x16, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 628

Exterior Features

  • Exterior: Stone
  • Roof Material: Slate
  • Outbuilding1: Pole/Post Building, Dimensions: 74x35
  • Fence: Decorative, Metal
  • Outbuilding2: Outbuilding, Dimensions: 37x16, 592

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x20
  • Garage Sq Ft: 460
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Hvac: Ceiling Fan, Geothermal Hvac
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: Triton School Corporation
  • Elementary School: Triton
  • Middle School: Triton
  • High School: Triton
  • Elementary School: Triton

Lot Info

  • Lot Description: Level, 10-14.999
  • Lot Dimensions: 1027x424
  • Estimated Lot Sq Ft: 435600
  • Estimated Lot Size Acres: 10

Tax Info

  • Annual Taxes: 2769.74
  • Exemptions: Homestead

MLS Schools

  • High School: Triton
  • Middle School: Triton
  • School District: Triton School Corporation

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2025
Closed on
Sep 11, 2025
Sold by
Amish Mutual Mortgage Fund and Ammf Trustee Corporation
Bought by
Mast Joel and Mast Kalynn
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
LYNN KEHOE
COLLINS and CO REALTORS - PLYMOUTH
List Price
$525,000
Sold Price
$578,360
Premium/Discount to List
$53,360
10.16%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-80.48%

Purchase Details

Closed on
Mar 29, 2021
Sold by
Mitchell Robert K and Mitchell Janet K
Bought by
Mitchell Janet K and Mitchell David K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Contract Of Sale $578,360 None Listed On Document
Deed -- Heritage Parke Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 Sold $578,360 +10.2% $208 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
08/06/2025 08/06/25 For Sale $525,000 -- $189 / Sq Ft
Source: Indiana Regional MLS

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 $2,442 $362,200 $95,000 $267,200
2022 $2,442 $358,300 $89,600 $268,700
2021 $2,359 $280,500 $68,900 $211,600
2020 $2,049 $252,700 $64,400 $188,300
2019 $1,796 $226,000 $46,800 $179,200
2018 $1,748 $219,200 $45,000 $174,200
2017 $1,503 $215,900 $45,000 $170,900
2016 $1,453 $214,200 $45,900 $168,300
2014 $1,222 $186,600 $31,300 $155,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202527797

Indiana Regional MLS

APN: 50-43-35-000-010.000-001