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  • $2,307,500

    7519 E 500 N, Falmouth, IN 46127

    3beds
    2,752sqft
    : 
    Residential, Farm
    Built in 1865
    105.12 Acres Lot
    $-- Zestimate®
    $838/sqft
    $-- HOA

    What's special

    Gas fireplaceOversized garageMain-level primary suiteSitting roomCozy family roomWorking farmTillable acres
    Historic 105.12-Acre Farm with Income and Venue Potential Discover a rare opportunity to own a 105.12-acre working farm nestled in a quiet, serene setting bordered by a neighboring tree farm. This unique property features 96 tillable acres, 5 grain bins, two barns, and a beautifully restored 1865 Civil War-era farmhouse. It combines timeless character with modern updates and offers strong annual income through tillable acreage and grain bin rental income. The fully furnished farmhouse includes carefully selected antiques and preserved architectural details such as original refinished shutters, transom-topped doorways, trim, and restored bed headboards. The main level features hardwood floors, a cozy family room with gas fireplace, new kitchen with granite countertops, stainless steel appliances, a cabinet pantry, mudroom, and a great room combining living and dining areas with a built-in hutch for formal silver and glassware. A grand open staircase with lush carpeting leads upstairs. The home includes two fully updated bathrooms and a main-level primary suite with a sitting room and adjacent laundry. Modern upgrades include new electrical and plumbing systems, new windows, original steel fireplace surround and mantel, and an HVAC system installed in 2018. Exterior improvements feature new Hardy Plank siding, architectural shingles, a private pavered patio, and an oversized garage with workbench. The basement has a new poured concrete floor and provides excellent storage and storm shelter functionality. New well was recently installed. Outbuildings include a large pole barn and an original timber-frame barn-both suitable for use as a wedding or event venue. Whether you're seeking a peaceful country residence, productive farmland, or a unique venue space, this historic property delivers unmatched charm and potential. Tillable farm ground can be split from house, barns, & bins for a negotiated price. House, barns, and bins, can be sold separately. 45X90 Pole barn.
    44 days
    on Zillow
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    399
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    Zillow last checked: 7 hours ago

    Listing updated: July 24, 2025 at 02:53pm

    Listing Provided by:

    Timothy Yazel 317-512-1533,

    Yazel Group Real Estate Sales

    Source: MIBOR as distributed by MLS GRID,MLS#: 22047308MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 7519 E 500 N.

    Next available tour time:Today at 1pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14X14
    Bedroom 2
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Bedroom 3
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Family room
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 13X16
    Great room
    • Level: Main
    • Area: 675 Square Feet
    • Dimensions: 27X25
    Kitchen
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Laundry
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 9x10
    Laundry
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Mud room
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 10X9
    Sitting room
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13X12
    Heating
    • Forced Air, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
    • Laundry: Laundry Room, Main Level
    Features
    • Attic Access, Double Vanity, Built-in Features, Ceiling Fan(s), Hardwood Floors
    • Flooring: Hardwood
    • Basement: Partial,Storage Space
    • Attic: Access Only
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas Log
    Interior area
    • Total structure area: 2,752
    • Total interior livable area: 2,752 sqft
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete, Gravel, Garage Door Opener, Storage
    • Attached garage spaces: 2
    • Details: Garage Parking Other(Finished Garage, Garage Door Opener, Service Door)
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Storage
    • Has view: Yes
    • View description: Rural
    Lot
    • Size: 105.12 Acres
    • Features: Rural - Not Subdivision, Mature Trees
    Details
    • Additional structures: Barn Pole
    • Parcel number: 700809100004000012
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Farm
    • Attached to another structure: Yes
    Materials
    • Cement Siding
    • Foundation: Partial, Stone
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1865

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Septic Tank
    • Water: Well, Private
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Falmouth

    Financial & listing details

    • Price per square foot: $838/sqft
    • Tax assessed value: $511,300
    • Annual tax amount: $6,544
    • Date on market: 7/1/2025
    • Electric utility on property: Yes
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