1

Gillam Home for Sale

Section Image Section Image
  • /78

    $375,000

    • 1 Bed
    • 1 Bath
    • 864 Sq Ft

    2554 E 400 N, Rensselaer, IN 47978

    Charming country retreat on Approx. 20 acres, made up of Woods, gardens and grass and offering privacy, wildlife, trails, and endless possibilities! This remodeled 1 bedroom, 1 bath home features 864 square feet of updated living space and is being offered turnkey with furniture and appliances included. Within the last 5 years, the home has been extensively remodeled with new drywall, vinyl

    Agent Photo

    Terri Phegley

    Cornerstone Real Estate Agency

    (219) 533-9363

    2554 E 400 N, Rensselaer, IN 47978

Why Live in Gillam

Gillam, located in Wheatfield, Indiana, captures the essence of rural living with its expansive open land and lush forests. The neighborhood is characterized by large lots and homes, including bungalows, farmhouses, and ranch-style residences, often situated on sprawling acreage that can reach up to 30 acres. This setup encourages activities like farming and gardening, with personal vehicles being the primary mode of transportation. Gillam is conveniently situated near Interstate 65, making Valparaiso a 30-minute drive and Chicago a 90-minute commute, thus balancing a peaceful lifestyle with access to urban amenities. The community's landscape is a source of pride, featuring wildlife areas and nearby formal green spaces such as the Sandhill Crane Observation Area, which offers immersive birdwatching experiences with observation towers and boardwalks. The annual Sandhill Crane Festival in September celebrates the cranes' migration with a car show, live entertainment, and various vendors. Nearby, residents can enjoy charming cafes and family-owned restaurants in Francesville, with The Patio Drive-In being a popular spot for American classics and summer ice cream. For groceries and essentials, Walmart and Strack and Van Til in Rensselaer are convenient options. The neighborhood is part of the West Central School Corporation, with schools that provide a solid educational foundation.

Frequently Asked Questions

Is Gillam a good place to live?
Gillam is a good place to live. Gillam is considered somewhat bikeable. Gillam is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Gillam has 1 park for recreational activities. It is sparse in population with 1.0 people per acre and a median age of 45. The average household income is $62,509 which is below the national average. College graduates make up 1.7% of residents. A majority of residents in Gillam are home owners, with 15% of residents renting and 85% of residents owning their home. A local real estate agent serving Gillam can help you decide if this neighborhood is the right one for you. Learn more on our Gillam neighborhood guide.
Is Gillam, IN a safe neighborhood?
Gillam, IN is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Gillam?
The median home price in Gillam is $242,450. If you put a 20% down payment of $48,500 and had a 30-year fixed mortgage with an interest rate of 6.52%, your estimated principal and interest payment would be $1,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $53K a year to afford the median home price in Gillam. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Gillam is $63K.
What are the best public schools in Gillam?
The best public schools that serve Gillam are:
What are the most popular zip codes in Gillam, Wheatfield, IN?
The most popular zip codes in Gillam, Wheatfield, IN include 46392, 47978, 47957, 47946 and 46366.
What are the most popular neighborhoods near Gillam, Wheatfield, IN?
The most popular neighborhoods near Gillam, Wheatfield, IN are Barkley, Walker, Porter County, Keener and Newton.
Are home prices dropping in Gillam?
Yes, home prices in Gillam are down 2% in the last 12 months.

Gillam Home Prices vs. Nearby Wheatfield, IN Neighborhoods

Gillam Rockfield Vinton Highlands Sherwood
Median Home Price
$242,450
$192,500
$254,900
$274,900
Median Sale Price
$230,000
-5% YoY
$177,500
-8% YoY
$251,000
-2% YoY
$264,900
+8% YoY
Median Single Family Price
$242,500
$180,000
$251,000
$264,950
Total Active Listings
1
1
0
1
Market Conditions
4 Months
Balanced Market
2 Months
Seller's Market
0 Months
Seller's Market
1 Months
Seller's Market
How to Buy a Home How to Finance a Home How to Sell a Home