For sale

$695,000

5546 Neibauer Rd, Billings, MT 59106

3beds

3,121sqft

Est.:

Single Family Residence

Built in 1910

5.62 Acres Lot

$498,200 Zestimate^®

$223/sqft

$-- HOA

What's special

Tack roomShop spaceTwo wellsExtra trailer parkingSeparate holding areas

Pack up the horses, load the chickens, and head to 5546 Neibauer — this one is ready for all of them! This fully fenced 5.62-acre west-end property is the complete package for the equestrian family. The 3-bed, 2-bath, 3,121 sq ft farmhouse was gutted to the studs and rebuilt with all new sheetrock, electrical, and plumbing — move-in ready from day one. The equestrian setup is equally dialed in: barn with a bunkhouse above, tack room, separate holding areas, shop space, and extra trailer parking. Two wells and a septic system keep you completely self-sufficient outside city limits. Whether it's the kids, the horses, the dogs, or the chickens — everyone has a place here. Properties that check every box this completely just don't come around twice!!

2 hours

263

19

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 1
Main level bedrooms: 1

Heating

Forced Air, Gas

Cooling

Central Air

Appliances

Included: Built-In Range, Cooktop, Dryer, Dishwasher, Electric Range, Microwave, Oven, Range, Refrigerator, Smooth Cooktop, Washer, Stove
Laundry: Washer Hookup, Dryer Hookup

Features

Window Treatments
Windows: Window Treatments
Basement: Full
Number of fireplaces: 1

Interior area

Total interior livable area: 3,121 sqft
Finished area above ground: 2,005

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: Detached, Additional Parking
Garage spaces: 3

Features

Levels: One,Two
Stories: 1
Patio & porch: Deck, Patio
Exterior features: Fence, Sprinkler/Irrigation, Patio, Workshop
Fencing: Fenced

Lot

Size: 5.62 Acres
Features: Corner Lot, Level, Trees, Pond on Lot, Sprinklers In Ground

Details

Additional structures: Barn(s), Poultry Coop, Workshop
Parcel number: D00910
Zoning description: UNZON
Other equipment: DC Well Pump
Horse amenities: Corral(s)

Construction

Type & style

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

Materials

Block
Roof: Asphalt

Condition

Resale
Year built: 1910

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Subdivision: Conrad Park

Location

Region: Billings

Financial & listing details

Price per square foot: $223/sqft
Tax assessed value: $534,400
Annual tax amount: $2,793
Date on market: 5/9/2026
Listing terms: Cash,Conventional,1031 Exchange,FHA,New Loan,Other,VA Loan

Estimated market value

$498,200

$418,000 - $578,000

$2,908/mo

Price history

Date	Event	Price
5/9/2026	Listed for sale	$695,000+20.9%$223/sqft
Source: BMTMLS #359271 Report a problem
1/1/2020	Listing removed	$575,000$184/sqft
Source: Montana Real Estate Brokers #291769 Report a problem
4/4/2017	Listed for sale	$575,000-25.3%$184/sqft
Source: Magic City Real Estate #271396 Report a problem
1/7/2017	Listing removed	$769,900$247/sqft
Source: Montana Realty Co.of Red Lodge #252816 Report a problem
9/11/2015	Price change	$769,900-3.2%$247/sqft
Source: Montana Realty Company of Red Lodge #252816 Report a problem
6/18/2015	Listed for sale	$795,000$255/sqft
Source: Montana Realty Company of Red Lodge #252816 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,151 -17%	$534,400 +21.1%
2024	$2,591 +19.9%	$441,300 +20.5%
2023	$2,161 +5.4%	$366,300 +24.2%
2022	$2,050 -4.3%	$295,000
2021	$2,143 +4.5%	$295,000 +6%
2020	$2,052 -3.6%	$278,200
2019	$2,129 -9.8%	$278,200 +7.8%
2018	$2,360 +1.9%	$258,100
2017	$2,317 +12.8%	$258,100 +14.5%
2016	$2,053	$225,400
2015	$2,053 -0.1%	$225,400 +88.6%
2014	$2,056 +17.6%	$119,515 +3%
2013	$1,749 +0.9%	$116,000 +3.5%
2012	$1,732	$112,123
2011	--	--
2010	--	--
2009	--	--
2008	--	$149,717
2007	--	$149,717 +1802.4%
2003	--	$7,870