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Sara Tenan

sara.tenan@evrealestate.com +1(317) 800-8130

Listed by Timothy Yazel • Yazel Group Real Estate Sales

$ 2,307,500

Est. payment -/mo

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New

7519 E 500 N Falmouth, IN 46127

3 Beds

2 Baths

2,752 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Vacant Land

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Square Footage 2,752 sqft

Price per Sqft $838

Subdivision No Subdivision

MLS Listing ID 22047308

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1865

Tax Year 2024

Lot Size 105.120 Acres

Acres 105.12

Property Sub-Type Farm

Property Description

Historic 105.12-Acre Farm with Income and Venue Potential Discover a rare opportunity to own a 105.12-acre working farm nestled in a quiet, serene setting bordered by a neighboring tree farm. This unique property features 96 tillable acres, 5 grain bins, two barns, and a beautifully restored 1865 Civil War-era farmhouse. It combines timeless character with modern updates and offers strong annual income through tillable acreage and grain bin rental income. The fully furnished farmhouse includes carefully selected antiques and preserved architectural details such as original refinished shutters, transom-topped doorways, trim, and restored bed headboards. The main level features hardwood floors, a cozy family room with gas fireplace, new kitchen with granite countertops, stainless steel appliances, a cabinet pantry, mudroom, and a great room combining living and dining areas with a built-in hutch for formal silver and glassware. A grand open staircase with lush carpeting leads upstairs. The home includes two fully updated bathrooms and a main-level primary suite with a sitting room and adjacent laundry. Modern upgrades include new electrical and plumbing systems, new windows, original steel fireplace surround and mantel, and an HVAC system installed in 2018. Exterior improvements feature new Hardy Plank siding, architectural shingles, a private pavered patio, and an oversized garage with workbench. The basement has a new poured concrete floor and provides excellent storage and storm shelter functionality. New well was recently installed. Outbuildings include a large pole barn and an original timber-frame barn-both suitable for use as a wedding or event venue. Whether you're seeking a peaceful country residence, productive farmland, or a unique venue space, this historic property delivers unmatched charm and potential.

Location

State IN

County Rush

Rooms

Basement Partial, Storage Space

Main Level Bedrooms 1

Kitchen Kitchen Updated

Interior

Interior Features Attic Access, Bath Sinks Double Main, Built In Book Shelves, Paddle Fan, Hardwood Floors

Heating Forced Air, Propane

Fireplaces Number 1

Fireplaces Type Family Room, Gas Log

Equipment Smoke Alarm, Sump Pump

Fireplace Y

Appliance Dishwasher, Dryer, Electric Oven, Refrigerator, Washer

Exterior

Exterior Feature Barn Pole, Barn Storage

Garage Spaces 2.0

Utilities Available Electricity Connected, Septic System, Well

View Y/N true

View Rural

Building

Story One and One Half

Foundation Partial, Stone

Water Private Well

Architectural Style TraditonalAmerican

Structure Type Cement Siding

New Construction false

Schools

Middle Schools Benjamin Rush Middle School

High Schools Rushville Consolidated High School

School District Rush County Schools

Sara Tenan

Advisor | License ID: RB24002170

+1(317) 800-8130

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