Residential and commercial all in one! What an amazing opportunity! This home has been in the same family since 1967. This 4-5 bedroom, 2 bath, 2 story home with a daylight basement sits on a 2.78 acre residential parcel. The main level features a beautiful entry with hardwood flooring, living room with French doors leading to the 26x10 ft covered front porch and to the 4 season sunroom. The formal dining room has a custom built-in Deacon's bench. The kitchen has an abundance of cabinet and counter space with granite countertops. Possible fifth bedroom on the main level, currently being used as a TV room/den. Upstairs you will find a 13x7 landing with hw flooring, 4 lg bedrooms and a 2nd full bath. There are hw floors under all of the carpeting on the main and upper level, beautiful wood trim and built-ins throughout. All 5 bedrooms have walk-in closets. There are 3 custom made stained glass windows, along with many original light fixtures, including hurricane lamp sconces in the dining room. The partially finished daylight basement provides a huge amount of storage space, laundry area with a lg utility sink and endless possibilities for additional living space. There is a 2+ car detached garage, a coop w/electric and concrete floor and a pump house. Plus, there is a commercially zoned barn on a separate .22 acre parcel. The main level of the barn is a 1740 sq ft workshop with an office and storage space that can be used for a business or personal use. The front half of the barn has an upstairs 570 sq ft storage area with hw floors. The back half of the upstairs has a 1170 sq ft apartment with a full kitchen, living room, 3/4 bath and a second story loft/bedroom area. There is also a private entrance and an 11x8 deck with exterior stairs. The apartment is currently rented. This 2 parcel, 3 acre property offers plenty of space for parking, nicely landscaped yard, fruit trees, grapevines and a variety of plants and flowers. Rural living right in the midst of town!
Active
Price cut: $50K (6/20)
$499,900
403 N Main St, Kouts, IN 46347
5beds
2,552sqft
Est.:
Single Family Residence
Built in 1920
3 Acres Lot
$483,800 Zestimate®
$196/sqft
$-- HOA
What's special
Walk-in closetsLaundry areaNicely landscaped yardPartially finished daylight basementCovered front porchFrench doorsGranite countertops
- 94 days
- on Zillow |
- 679 |
- 40 |
Zillow last checked: 7 hours ago
Listing updated: July 01, 2025 at 10:17am
Listed by:
Melanie Yagelski,
Coldwell Banker Real Estate Gr 219-464-3531
Source: NIRA,MLS#: 820428

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Basement, Primary Bedroom, Other Room, Living Room, Kitchen, Dining Room, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2
Primary bedroom
- Description: Bow window
- Area: 217
- Dimensions: 16.17 x 13.42
Bedroom 2
- Area: 217
- Dimensions: 16.17 x 13.42
Bedroom 3
- Area: 178.88
- Dimensions: 13.5 x 13.25
Bedroom 4
- Area: 178.88
- Dimensions: 13.5 x 13.25
Bedroom 5
- Description: 5th Bedroom/TV Room/Den
- Area: 160.06
- Dimensions: 13.25 x 12.08
Basement
- Description: Partially finished
- Area: 1139.25
- Dimensions: 36.75 x 31.0
Dining room
- Area: 217
- Dimensions: 16.17 x 13.42
Kitchen
- Area: 184.35
- Dimensions: 13.83 x 13.33
Living room
- Area: 281.68
- Dimensions: 17.42 x 16.17
Other
- Description: Entry. Approx dimensions, irregular shape
- Area: 52
- Dimensions: 8.0 x 6.5
Other
- Description: Landing. Hardwood flooring.
- Area: 91
- Dimensions: 13.0 x 7.0
Other
- Description: Sunroom
- Area: 107.78
- Dimensions: 11.25 x 9.58
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Washer, Refrigerator, Microwave, Dryer
- Laundry: Gas Dryer Hookup, Sink, Washer Hookup, Lower Level
Features
- Crown Molding, Walk-In Closet(s), Granite Counters, Entrance Foyer, Eat-in Kitchen
- Basement: Daylight,Full
- Has fireplace: No
Interior area
- Total structure area: 2,552
- Total interior livable area: 2,552 sqft
- Finished area above ground: 2,552
Property
Parking
- Total spaces: 2.5
- Parking features: Additional Parking, Detached, Off Street, Gravel, Garage Faces Front, Driveway
- Garage spaces: 2.5
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Covered, Front Porch
- Exterior features: Private Yard, Storage
- Pool features: None
- Has view: Yes
- View description: Neighborhood, Rural
Lot
- Size: 3 Acres
- Features: Back Yard, Landscaped, Front Yard
Details
- Has additional parcels: Yes
- Parcel number: 641607476008000014 & 641607476009000014
- Zoning description: residential
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Well
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Kouts
Financial & listing details
- Price per square foot: $196/sqft
- Tax assessed value: $233,200
- Annual tax amount: $1,631
- Date on market: 5/9/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
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