For sale

Price cut: $15K (7/14)

$360,000

12526 Peelman Rd, Vevay, IN 47043

3beds

2,076sqft

$2,201/mo

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Single Family Residence

Built in 2006

7.65 Acres Lot

$358,400 Zestimate^®

$173/sqft

$-- HOA

What's special

Above ground poolFormal dining areaMain floor laundryPrimary en-suiteDouble vanityTiled showerKing size kitchen

Looking for move-in ready, spacious home and property? Check out this 3 BR, 2 BA home built in 2006 with 2076 sq ft of living space PLUS an unfin full bsmt that would be great for additional living space. Laminate and ceramic tile flooring throughout with 6 panel doors. The primary en-suite incl large walkin closet, double vanity, tiled shower & loads of cabinets/storage. The king size kitchen offers an abundance of cabinets/counterspace, island with places for your barstools, desk/work area, all great for time spent together. Off of the kitchen is the formal dining area with a woodburning fireplace (needs work). The home has a septic system and is on city water. You also have the option of cistern water with just a turn of a knob. This home sits on nearly 8 mostly wooded acres with room for a 2nd home. There is also an old barn, perfect for the tractors and outdoor toys. And an above ground pool. Located within minutes of the Markland Dam. Main floor laundry and Fiber optics.

89 days

431

27

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Bath Adjoins, Walk-In Closet(s), Walkout
Level: First
Area: 231
Dimensions: 16.5 x 14

Bedroom 2

Level: First
Area: 140
Dimensions: 14 x 10

Bedroom 3

Level: First
Area: 168
Dimensions: 14 x 12

Bedroom 4

Area: 0
Dimensions: 0 x 0

Bedroom 5

Area: 0
Dimensions: 0 x 0

Primary bathroom

Features: Double Vanity, Shower, Tile Floor

Dining room

Level: First
Area: 196
Dimensions: 14 x 14

Family room

Features: Laminate Floor
Area: 0
Dimensions: 0 x 0

Kitchen

Features: Counter Bar, Eat-in Kitchen, Kitchen Island, Planning Desk, Tile Floor, Walkout
Level: First
Area: 238
Dimensions: 14 x 17

Living room

Features: Laminate Floor
Level: First
Area: 336
Dimensions: 14 x 24

Office

Area: 0
Dimensions: 0 x 0

Heating

Electric, Heat Pump

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Dishwasher, Electric Cooktop, Disposal, Microwave, Oven/Range, Electric Water Heater

Features

Windows: Single Hung, Double Pane Windows
Basement: Full,Unfinished
Has fireplace: Yes
Fireplace features: Dining Room, Inoperable, Wood Burning

Interior area

Total structure area: 4,152
Total interior livable area: 2,076 sqft
Finished area below ground: 0

Property

Parking

Parking features: None, Driveway, Gravel
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Has private pool: Yes
Pool features: Above Ground
Fencing: Fenced
Has view: Yes
View description: Trees/Woods
Frontage length: 135.00

Lot

Size: 7.65 Acres
Features: Wooded
Topography: Level to gently rolling

Details

Additional structures: Barn(s)
Parcel number: 780910400008000001
Other equipment: Sump Pump w/oBattery

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Concrete Perimeter
Roof: Shingle

Condition

New construction: No
Year built: 2006

Utilities & green energy

Gas: None
Sewer: Septic Tank
Water: Cistern, Public
Utilities for property: Natural Gas Not Available

Community & HOA

Location

Region: Vevay

Financial & listing details

Price per square foot: $173/sqft
Tax assessed value: $215,000
Annual tax amount: $1,390
Date on market: 4/30/2026
Road surface type: Blacktop

Estimated market value

$358,400

$340,000 - $376,000

$1,665/mo

Price history

Date	Event	Price
7/14/2026	Price change	$360,000-4%$173/sqft
Source: MLS of Southeastern Indiana #207347 Report a problem
4/30/2026	Listed for sale	$375,000$181/sqft
Source: MLS of Southeastern Indiana #207347 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,329 +2.8%	$215,000 +19%
2024	$1,292 -9.4%	$180,700 -0.6%
2023	$1,426 +1.8%	$181,800 -2.4%
2022	$1,400 +8%	$186,300 +5.3%
2021	$1,297 +7.8%	$177,000 +6.9%
2020	$1,203 -62.2%	$165,500 -1.1%
2019	$3,181 +79.2%	$167,400 -0.9%
2018	$1,775 -39.3%	$169,000 +0.7%
2017	$2,923 +150.8%	$167,800 -7.3%
2016	$1,166 +3.3%	$181,100 -1.3%
2014	$1,128 -0.8%	$183,400 -2.3%
2013	$1,137 -13.8%	$187,700 -12.2%
2009	$1,319	$213,800

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 47043

Getting around

0 / 100

Car-Dependent

10 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Switzerland Co Elementary School
Grades: PK-6Distance: 1.8 mi
6/10
Switzerland Co Middle School
Grades: 7-8Distance: 9 mi
4/10
Switzerland Co Senior High School
Grades: 9-12Distance: 9 mi

Schools provided by the listing agent

Elementary: Switzerland County E
High: Switzerland County H
District: Switzerland County

Source: MLS of Southeastern Indiana. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.