Located in Miami County, between Paola and Ottawa, A conveniently located 40+- Acre property lies perfect for a family compound or an investment. The opportunity to build your dream home and have your family live on the same property in the farmhouse is here. Or rent it out for income!
A 1600+ square foot remodeled farmhouse, built in 1900, sits on the northeast corner of the property. With fresh exterior paint and brand new carpet, this home is immediately move in ready. The lower floor includes two living rooms, kitchen, bedroom, and a full bath. Up the staircase leads to 4 bedrooms with one of the bedrooms being a prime location to add another bathroom over the kitchen. There is Central Ac along with a propane furnace. The utilities are served by Evergy and Miami County Rural Water #2. The home is surrounded by large hardwood trees for that movie type farmhouse feel and the two porches await a couple chairs and a cup of coffee.
The property consists of 40+- acres with a 2000 sqft farm utility building with electric ready for equipment storage or boat storage as 4,580 acre Hillsdale Lake is seemingly right around the corner. Along with a historic 1930’s milk barn. The pasture is fully fenced and cross-fenced if you decide to bring your cows, horses, or want to start a farm. There are plenty of shade trees including a pond for water along with water hydrants. The front hay ground consists of brome, fescue, and clover.
Don’t miss out on this opportunity to invest as a short-term rental or a bed and breakfast while you build your own home on the property or bring the family together on one property!
Active
Price cut: $27.8K (8/9)
$499,977
27940 Indianapolis Rd, Wellsville, KS 66092
5beds
1,617sqft
Est.:
Single Family Residence
Built in ----
40 Acres Lot
$-- Zestimate®
$309/sqft
$-- HOA
What's special
Two porchesBrand new carpetFront hay groundFresh exterior paintShade treesLarge hardwood treesWater hydrants
- 32 days
- on Zillow |
- 2,355 |
- 184 |
Zillow last checked: 7 hours ago
Listing updated: August 09, 2025 at 05:23am
Listing Provided by:
Aaron Blount 214-707-3105,
Midwest Land Group
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2563938

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Propane
Cooling
- Electric
Appliances
- Laundry: Main Level
Features
- Flooring: Carpet
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,617
- Total interior livable area: 1,617 sqft
- Finished area above ground: 1,617
- Finished area below ground: 0
Property
Parking
- Parking features: Detached
Lot
- Size: 40 Acres
- Features: Acreage, Corner Lot
Details
- Parcel number: 999999
- Special conditions: As Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Utilities & green energy
- Sewer: Septic Tank
- Water: Rural
Community & HOA
Community
- Subdivision: Wellsville
HOA
- Has HOA: No
Location
- Region: Wellsville
Financial & listing details
- Price per square foot: $309/sqft
- Tax assessed value: $253,830
- Annual tax amount: $2,639
- Date on market: 7/17/2025
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Private
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