Skip main navigation
Active
  • Price cut: $250K (6/24)
    $625,000

    3084 S State Road 257, Velpen, IN 47590

    6beds
    5,922sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2003
    7 Acres Lot
    $601,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Double bowl sinksLuxurious steam showerExpansive walk-in closetHigh-end finishesConvenient jack-and-jill bathroom configurationCustom built-in bookshelvesSubstantial eat-at bar
    This pristine home sits on 7 acres of meticulously manicured grounds, complete with a fully stocked lake that offers a serene backdrop for daily living. If you seek a secluded haven, this impressive estate provides unparalleled privacy and luxury. The residence boasts a generous 6-bedroom, 4.5-bathroom layout, expertly designed for easy accommodation. The architectural design maximizes functional elegance, offering over 3,770 square feet of sophisticated living space. The heart of the home is a chef’s dream kitchen, featuring a substantial eat-at bar, high-end finishes, and a full suite of included appliances. Retreat to the master bedroom suite, a true sanctuary equipped with a luxurious steam shower, double bowl sinks, and an expansive walk-in closet. The dedicated office provides an inspiring environment with grand floor-to-ceiling windows and custom built-in bookshelves. Entertainment possibilities are endless, starting with a living room that features soaring ceilings open to the second level and a massive window framing picturesque lake views. Step outside onto the expansive deck, a perfect venue for hosting large gatherings or enjoying quiet, peaceful moments in nature. The outdoor amenities further include a massive 40 X 40 pole building that offers versatile space, including potential for additional living quarters. The surrounding 40-acre property has been thoughtfully developed with a network of private riding and walking trails for year-round exploration. The lower level of the home continues to impress with a fully finished walk-out basement, adding over 2,700 square feet of additional living area. This level includes three exceptionally large bedrooms, a well-appointed full bathroom featuring a walk-in shower, and a convenient Jack-and-Jill bathroom configuration serving the additional sleeping quarters. This home and property has everything to offer!!
    70 days
    |
    1,210
    |
    88
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve A Wigand office:812-482-6080,

    ERA FIRST ADVANTAGE REALTY, INC

    Source: IRMLS,MLS#: 202616529MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Upper
      Dining room
      • Level: Main
      • Area: 196
      • Dimensions: 14 x 14
      Family room
      • Level: Main
      • Area: 208
      • Dimensions: 13 x 16
      Kitchen
      • Level: Basement
      • Area: 272
      • Dimensions: 17 x 16
      Living room
      • Level: Main
      • Area: 320
      • Dimensions: 16 x 20
      Heating
      • Natural Gas, Propane
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Exhaust Fan, Oven-Built-In, Warming Drawer
      Features
      • Windows: Window Treatments
      • Basement: Full,Walk-Out Access,Finished
      • Number of fireplaces: 2
      • Fireplace features: Family Room, Living Room
      Interior area
      • Total structure area: 6,538
      • Total interior livable area: 5,922 sqft
      • Finished area above ground: 3,773
      • Finished area below ground: 2,149
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • On waterfront: Yes
      • Waterfront features: Lake, Frontage Lot, Non Ski Lake
      • Body of water: Private Lake
      • Frontage length: Channel/Canal Frontage(0),Water Frontage(50)
      Lot
      • Size: 7 Acres
      • Features: Level, Sloped, 15+, Wooded
      Details
      • Additional structures: Pole/Post Building
      • Parcel number: 631205100008.000006

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: None
      • Water: City

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Velpen

      Financial & listing details

      • Tax assessed value: $496,400
      • Annual tax amount: $4,854
      • Date on market: 5/5/2026

        Estimated market value

        $601,300

        $571,000 - $631,000

        $3,391/mo

        Price history

        DateEventPrice
        6/24/2026Price change$625,000-28.6%
        Source: IRMLS #202616529 Report a problem
        5/5/2026Listed for sale$875,000+9.4%
        Source: IRMLS #202616529 Report a problem
        7/18/2025Listing removed--
        Source: Owner Report a problem
        7/9/2025Listed for sale$800,000$135/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,863 +4.4%$496,400 +6.3%
        2024$4,656 +1.7%$467,000 +5.3%
        2023$4,580 +11.7%$443,300 +7.6%
        2022$4,099 +5%$412,100 +12%
        2021$3,903 +8.7%$368,000 +4.4%
        2020$3,591 -1.2%$352,400 +3%
        2019$3,635 +2.7%$342,100 +4.3%
        2018$3,538 +0.9%$328,000 +2.2%
        2017$3,508 $320,900 +0.3%
        2016$3,508 +1.6%$319,900 +9.4%
        2014$3,453 +8%$292,400 +0.2%
        2013$3,199 -3.3%$291,700 -4.4%
        2012$3,309 +6.2%$305,100 +5.5%
        2011$3,116 +4.8%$289,200 +6.4%
        2010$2,973 +0.3%$271,800 -0.3%
        2009$2,963 +20.7%$272,700 +1.5%
        2007$2,455 -42.3%$268,700 +1.6%
        2006$4,257 $264,500 +7.2%
        2005-- $246,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 47590

        Getting around

        0 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Winslow
        • Middle: Pike Central
        • High: Pike Central
        • District: Pike County School Corp.

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

        Similar homes