Boasting 21+ picturesque acres, this remarkable property offers a rare opportunity to enjoy country living without sacrificing convenience. Currently a private equestrian farm, the property features fenced pastures, a hayfield, pole barn, professionally installed outdoor ring, wash rack, round pen, and scenic 1-mi. trail through open & wooded areas around the property. Beyond the noteworthy acreage and equestrian amenities, the property offers a lifestyle that is increasingly difficult to find. Gently rolling expansive fields, gardens, and recreational spaces create a setting that feels both peaceful and vibrant. Whether enjoying a morning ride, an evening walk along the wooded trail, gathering with friends on the deck, cutting wildflowers, hosting ATV races and hayrides, or simply taking in the views, this property offers endless year-round outdoor connection. Even still, the storybook front porch will draw new owners inside through the charming entry, into a cottage that feels both cozy and unexpectedly spacious. Vaulted beamed ceilings, a spectacular stone hearth, and wood-burning fireplace create warmth and character that are also enjoyed from the open dining area and onward to the expansive partially covered deck overlooking the gardens, outdoor ring, gently rolling pastures, hayfield & partially wooded acreage beyond. Back inside, the thoughtful split floorplan places the primary suite adjacent the kitchen & laundry room, while 2 additional bedrooms & full bath are situated on the opposite side of the home. Additional opportunity awaits in the lower level partially finished 1428sf walkout basement & 3/4 bath. At the heart of the property, the home serves as a welcoming centerpiece while the surrounding acreage offers endless potential - whether with livestock, hobby farming, recreation, gardening, multi-generational living, or just enjoying the peace. Given the opportunity to escape to this life while enjoying proximity to all of life's necessities, new owners will gain far more than real estate.
Active
Price cut: $55.2K (6/25)
$749,900
16321 Colorado St, Hebron, IN 46341
3beds
2,856sqft
Single Family Residence
Built in 1993
21.91 Acres Lot
$716,600 Zestimate®
$263/sqft
$-- HOA
What's special
Pole barnPrivate equestrian farmWood-burning fireplaceProfessionally installed outdoor ringCharming entrySpectacular stone hearthFenced pastures
- 25 days |
- 1,676 |
- 71 |
Zillow last checked:
Listing updated:
Listed by:
Jen Johns 219-742-3005,
McColly Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12668677
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Office, Bonus Room, Other Room
Primary bedroom
- Features: Flooring (Slate), Bathroom (Full)
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13X13
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11X12
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Bonus room
- Level: Basement
- Area: 204 Square Feet
- Dimensions: 12X17
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10X13
Family room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 272 Square Feet
- Dimensions: 16X17
Kitchen
- Features: Flooring (Hardwood)
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X9
Laundry
- Features: Flooring (Hardwood)
- Level: Main
- Area: 48 Square Feet
- Dimensions: 8X6
Office
- Level: Basement
- Area: 130 Square Feet
- Dimensions: 13X10
Other
- Level: Basement
- Area: 90 Square Feet
- Dimensions: 9X10
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Laundry: Main Level
Features
- Vaulted Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Beamed Ceilings, Open Floorplan
- Flooring: Hardwood
- Windows: Window Treatments
- Basement: Partially Finished,Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Family Room
Interior area
- Total structure area: 2,856
- Total interior livable area: 2,856 sqft
- Finished area below ground: 1,075
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Gravel, Garage Door Opener, Garage, Yes, Detached
- Garage spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Fire Pit, Other
- Fencing: Electric,Partial
- Has view: Yes
Lot
- Size: 21.91 Acres
- Dimensions: 468x2038
- Features: Wooded, Mature Trees, Garden, Pasture, Views
Details
- Additional structures: Barn(s), Gazebo, Arena, Outdoor Riding Ring, See Remarks
- Additional parcels included: 452012300007000012
- Parcel number: 452012300006000012
- Special conditions: Home Warranty
- Horse amenities: Paddocks
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1993
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Features: Horse-Riding Area, Horse-Riding Trails, Other
HOA
- Services included: None
Location
- Region: Hebron
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $399,800
- Annual tax amount: $4,205
- Date on market: 6/10/2026
- Ownership: Fee Simple
Estimated market value
$716,600
$681,000 - $752,000
$3,031/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $694,700-7.4%$243/sqft |
Source:  NIRA as distributed by MLS GRID #840238 Report a problem | ||
| 6/5/2026 | Listed for sale | $749,900+121.9%$263/sqft |
Source: NIRA as distributed by MLS GRID #840238 Report a problem | ||
| 11/22/2019 | Sold | $338,000-8.6%$118/sqft |
Source: NIRA as distributed by MLS GRID #450016 Report a problem | ||
| 8/26/2019 | Listed for sale | $369,900$130/sqft |
Source: Coldwell Banker Res. Brokerage #450016 Report a problem | ||
| 8/9/2019 | Pending sale | $369,900$130/sqft |
Source: Coldwell Banker Residential Brokerage - Highland #450016 Report a problem | ||
| 2/26/2019 | Listed for sale | $369,900$130/sqft |
Source: Coldwell Banker Res. Brokerage #450016 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,627 +0.1% | $399,800 +5.5% |
| 2024 | $3,623 +5.7% | $378,800 +1.4% |
| 2023 | $3,428 +29.5% | $373,700 +13.1% |
| 2022 | $2,648 +7.8% | $330,300 +19.8% |
| 2021 | $2,457 +1% | $275,800 +3.7% |
| 2020 | $2,433 +7.7% | $266,000 +6% |
| 2019 | $2,260 -4.2% | $250,900 +2.7% |
| 2018 | $2,360 +4.7% | $244,300 +1.2% |
| 2017 | $2,253 | $241,300 -0.1% |
| 2016 | $2,253 +7% | $241,500 +6.3% |
| 2014 | $2,105 -5.4% | $227,200 -1% |
| 2013 | $2,227 -20.3% | $229,400 -3.2% |
| 2012 | $2,795 +3% | $237,000 -8% |
| 2011 | $2,713 -10% | $257,500 |
| 2010 | $3,015 | $257,500 |
| 2009 | -- | $257,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 46341
Nearby schools
GreatSchools rating
- 7/10Three Creeks Elementary SchoolGrades: K-4Distance: 6.1 mi
- 8/10Lowell Middle SchoolGrades: 7-8Distance: 8 mi
- 9/10Lowell Senior High SchoolGrades: 9-12Distance: 5.5 mi
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A local lender can help you make sure your offer is ready when you are.
- Indiana
- Lake County
- Hebron
- 46341
- 16321 Colorado St
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