Bring your dreams of a Beautiful Home, Bed and Breakfast or AirBNB to one of the most admired Victorian homes on Milroy Ave. — rich in history, unforgettable charm, and thoughtfully updated for the way we live today. Built in 1893, this 3-story treasure offers approximately 3,770 SF of distinctive character on just over 1/2 acre, framed by mature trees and a beautiful black metal fence. Step onto the wide front porch and look up — the porch ceiling is painted haint blue, an old Southern tradition believed to protect the home and welcome good energy. Inside, you'll find exquisite architectural details at every turn: Two sets of original pocket doors, Inlaid hardwood floors in many rooms, Sun-filled spaces thanks to abundant natural light, Intricate trim and original craftsmanship rarely seen today. The main floor offers exceptional flow for everyday living and entertaining, featuring: A formal living room, parlor, and library, A spacious dining room for gatherings, A bright kitchen and adjoining breakfast area surrounded by windows and a window seat, plus a cozy family room. There are 6 Bedrooms, one on main floor, arranged to allow privacy and comfort, along with multiple bathrooms to accommodate family and guests. The highlight of the 2nd Story is the Gorgeous Sunroom. The outdoor spaces are wonderful. Enjoy a large deck with swimming pool, Firepit for evening gatherings, Play fort and the Original Victorian pond, a rare feature that connects you back to the home's history. The basement houses the Laundry, Utility Area and tons of storage. Low Taxes and close proximity to downtown and parks. The geothermal heating/cooling are a wonderful upgrade, and the roof was put on in October of 2025. This home has been the backdrop to countless holidays, celebrations, and story-filled evenings. Now, it's ready for its next chapter — and for someone who appreciates beauty, craftsmanship, and the charm only a historic home can offer. Condition use approval by BZA required for B&B.
Active
Price cut: $50.5K (4/10)
$499,000
623 W Milroy Ave, Rensselaer, IN 47978
6beds
3,771sqft
Est.:
Single Family Residence
Built in 1893
0.6 Acres Lot
$479,200 Zestimate®
$--/sqft
$-- HOA
What's special
Firepit for evening gatheringsOriginal victorian pondCozy family roomWide front porchExquisite architectural detailsPlay fortFramed by mature trees
- 47 days |
- 406 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Terri L Phegley 219-863-2206,
Cornerstone Real Estate Agency
Source: IRMLS,MLS#: 202609014
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 242
- Dimensions: 22 x 11
Family room
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Kitchen
- Level: Main
- Area: 242
- Dimensions: 22 x 11
Living room
- Level: Main
- Area: 221
- Dimensions: 17 x 13
Heating
- Geothermal, ENERGY STAR Qualified Equipment
Cooling
- Central Air
Appliances
- Included: Refrigerator, Gas Range
Features
- Breakfast Bar, Walk-In Closet(s), Laminate Counters, Entrance Foyer, Stand Up Shower, Tub/Shower Combination, Formal Dining Room
- Flooring: Hardwood, Carpet, Laminate
- Basement: Partial
- Number of fireplaces: 3
- Fireplace features: Family Room, Living Room, 4th Bdrm
Interior area
- Total structure area: 5,128
- Total interior livable area: 3,771 sqft
- Finished area above ground: 3,771
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Concrete
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch Covered
- Exterior features: Fire Pit, Play/Swing Set
- Pool features: Above Ground
- Fencing: Other-See Remarks
Lot
- Size: 0.6 Acres
- Dimensions: 125 x 200
- Features: Level, 0-2.9999, City/Town/Suburb
Details
- Parcel number: 370730000114.000027
- Other equipment: Pool Equipment
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Wood Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1893
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Subdivision: None
Location
- Region: Rensselaer
Financial & listing details
- Tax assessed value: $288,300
- Annual tax amount: $1,823
- Date on market: 3/19/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$479,200
$455,000 - $503,000
$3,267/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Price change | $499,000-9.2%$132/sqft |
Source: | ||
| 3/6/2026 | Price change | $549,500-6.5%$146/sqft |
Source: | ||
| 11/4/2025 | Listed for sale | $587,500+217.6%$156/sqft |
Source: | ||
| 10/30/2008 | Sold | $185,000$49/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,694 -3.8% | $288,300 +4% |
| 2023 | $1,761 -1.6% | $277,200 +7% |
| 2022 | $1,790 +7.4% | $259,000 +5.7% |
| 2021 | $1,667 +7% | $245,000 +4.1% |
| 2020 | $1,558 +24.2% | $235,300 +2.3% |
| 2019 | $1,255 +23.9% | $230,000 +25.5% |
| 2017 | $1,012 -6.6% | $183,300 +0.4% |
| 2016 | $1,083 +2.9% | $182,500 -4% |
| 2014 | $1,053 +2.9% | $190,200 -1.7% |
| 2013 | $1,023 +2% | $193,500 +1.1% |
| 2012 | $1,003 -17.4% | $191,400 -5.9% |
| 2011 | $1,214 +12.4% | $203,400 |
| 2010 | $1,080 +7.2% | $203,400 |
| 2009 | $1,008 | $203,400 +7.6% |
| 2006 | -- | $189,000 +1.8% |
| 2005 | -- | $185,700 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,696/mo
Principal & interest
$2492
Property taxes
$204
More affordability tools
Climate risks
Neighborhood: 47978
Nearby schools
GreatSchools rating
- 9/10Van Rensselaer Elementary SchoolGrades: 3-5Distance: 0.9 mi
- 6/10Rensselaer Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Rensselaer Central High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Rensselaer Central
- Middle: Rensselaer Central
- High: Rensselaer Central
- District: Rensselaer Central School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Jasper County
- Rensselaer
- 47978
- 623 W Milroy Ave






