For sale

$585,000

8489 E State Road 356, Lexington, IN 47138

4beds

1,568sqft

Est.: Get pre-qualified

Single Family Residence

Built in 1969

36.75 Acres Lot

$407,100 Zestimate^®

$373/sqft

$-- HOA

What's special

Small pondEfficient electric heat pumpWalkout basementTwo storage rooms

Discover a spacious country retreat on 36.75 acres featuring a 4 bedroom, 2 full bath home with Thermal pane double hung windows and an efficient electric heat pump. The walkout basement offers two storage rooms, washer/dryer hookups, a full bath with shower, a 200 amp breaker box, and an office that could serve as a fifth bedroom. Outside, a massive 100' x 50' garage that is 18 feet tall with four garage doors (one with an automatic opener) provides ample vehicle and equipment space. The garage is heated and insulated. There are two additional barns, both with sliding doors front and back. The red barn is 48 x 60 with concrete floors, and the other barn is 48x48 with dirt floors. The sheds will not stay. There is a creek that runs through the property along with a small pond. Complete this versatile property ideal for hobby farming, businesses, or private country living.

1 day

147

8

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Description: Flooring: Carpet
Level: First
Dimensions: 13.5 x 14.6

Bedroom

Description: Flooring: Carpet
Level: First
Dimensions: 13.4 x 10.11

Bedroom

Description: Flooring: Carpet
Level: First
Dimensions: 10.1 x 11.8

Bedroom

Description: Flooring: Carpet
Level: First
Dimensions: 10.9 x 13.7

Dining room

Description: Cabinets,Flooring: Laminate
Level: First
Dimensions: 10.1 x 13.7

Other

Description: Newer tub,Flooring: Laminate
Level: First

Other

Description: Shower - stick on vinyl
Level: Lower

Kitchen

Description: Flooring: Laminate
Level: First
Dimensions: 13.7 x 9.10

Living room

Description: Flooring: Carpet
Level: First
Dimensions: 13.5 x 21.3

Office

Description: Concrete floor, could be used as a 5th bedroom.,Flooring: Other
Level: Lower
Dimensions: 13.1 x 13.5

Other

Description: Storage room - shelves and breaker box in the room
Level: Lower
Dimensions: 6.7 x 10.10

Other

Description: Storage room - shelves and concrete floor
Level: Lower
Dimensions: 9.2 x 9.7

Other

Description: Open area in the basement
Level: Lower
Dimensions: 26 x 30

Heating

Forced Air, Heat Pump

Cooling

Central Air, Heat Pump

Appliances

Included: Oven, Range, Refrigerator
Laundry: In Basement, Laundry Room

Features

Basement: Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 1,568
Total interior livable area: 1,568 sqft
Finished area above ground: 1,568
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Detached, Garage
Garage spaces: 4

Features

Levels: One
Stories: 1

Lot

Size: 36.75 Acres
Features: Wooded

Details

Additional structures: Barn(s), Garage(s)
Parcel number: 720634700014000005
Zoning: Agriculture
Zoning description: Agriculture

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Stone, Frame
Foundation: Block

Condition

New construction: No
Year built: 1969

Utilities & green energy

Sewer: Septic Tank
Water: Connected, Public

Community & HOA

Location

Region: Lexington

Financial & listing details

Price per square foot: $373/sqft
Tax assessed value: $251,400
Annual tax amount: $2,157
Date on market: 5/29/2026
Listing terms: Cash,Conventional

Estimated market value

$407,100

$342,000 - $472,000

$1,424/mo

Price history

Date	Event	Price
5/29/2026	Listed for sale	$585,000+225%$373/sqft
Source: SIRA #202608721 Report a problem
7/31/2015	Sold	$180,000$115/sqft
Source: SIRA #201502534 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,980 +78.5%	$251,400 +1.5%
2023	$1,670 +15.8%	$247,800 +42.7%
2022	$1,441 +1.6%	$173,700 +15.6%
2021	$1,419 -6%	$150,200 +1.2%
2020	$1,509 -32.1%	$148,400 -4.7%
2019	$2,223 -0.6%	$155,700 +3.5%
2018	$2,236 +21.1%	$150,400 -0.1%
2017	$1,846 +73.4%	$150,600 +11%
2016	$1,065 +0.7%	$135,700 -0.4%
2014	$1,057 +1.5%	$136,300 +1.5%
2013	$1,041 +11.9%	$134,300 +3%
2012	$930 +5.1%	$130,400 +2.4%
2011	$885 +1.3%	$127,400 -4.1%
2010	$874 +0.8%	$132,900 -0.4%
2009	$867 -3.3%	$133,500 -2.7%
2007	$897 -24.6%	$137,200 +8%
2006	$1,189	$127,000
2005	--	$127,000

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified