Active - first right contingency

$389,900

3218 E State Road 55, Fair Oaks, IN 47943

4beds

3,360sqft

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Single Family Residence

Built in 1964

2 Acres Lot

$372,000 Zestimate^®

$116/sqft

$-- HOA

What's special

Frost-free water hydrant

This one has PLENTY OF ROOM with PLENT OF PRIVACY. Walk into your family room that is open to the kitchen & dining room. You also have a living room that has a bit of seclusion for those that have a different agenda. You have a great space in the basement for exercise, gaming, pool table, bar or mancave. There are bedrooms, 3/4-bathroom, storage & laundry room in the basement as well. A frost-free water hydrant. The apartment (formerly a garage) has 888 sq. ft. of space with its own furnace, central air & 100-amp electric panel. The 9' x 10' kitchen has a dishwasher, electric stove, refrigerator, dishwasher, clothes washer & dryer also included. 23' x 16' living area, 21' x 11'-bedroom, 21' x 11' utility room, 2 steel entry doors, 3/4 bathroom. Living in this location the Internet & Garbage pick-up is free.

25 days

1,389

77

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Rooms

Room types: Bedroom 2, Utility Room, Primary Bedroom, Living Room, Laundry, Kitchen, Great Room, Family Room, Dining Room, Bedroom 4, Bedroom 3

Primary bedroom

Level: Main
Area: 165
Dimensions: 11.0 x 15.0

Bedroom 2

Level: Main
Area: 132
Dimensions: 11.0 x 12.0

Bedroom 3

Level: Main
Area: 132
Dimensions: 11.0 x 12.0

Bedroom 4

Level: Basement
Area: 110
Dimensions: 10.0 x 11.0

Dining room

Level: Main
Area: 242
Dimensions: 11.0 x 22.0

Family room

Level: Main
Area: 260
Dimensions: 13.0 x 20.0

Great room

Level: Basement
Area: 364
Dimensions: 28.0 x 13.0

Kitchen

Level: Main
Area: 200
Dimensions: 10.0 x 20.0

Laundry

Level: Basement
Area: 154
Dimensions: 11.0 x 14.0

Living room

Level: Main
Area: 240
Dimensions: 12.0 x 20.0

Utility room

Description: Mechanical's are in closet of this room
Level: Basement
Area: 80
Dimensions: 10.0 x 8.0

Utility room

Level: Basement
Area: 110
Dimensions: 10.0 x 11.0

Heating

Forced Air, Propane

Appliances

Included: Dishwasher, Water Softener Owned, Microwave
Laundry: Electric Dryer Hookup, Washer Hookup, Sink, Laundry Room, Lower Level

Features

Ceiling Fan(s), Laminate Counters, Kitchen Island
Windows: Wood Frames
Basement: Crawl Space,Storage Space,Sump Pump,Partially Finished,Full
Has fireplace: No

Interior area

Total structure area: 3,360
Total interior livable area: 3,360 sqft
Finished area above ground: 1,920

Property

Parking

Parking features: Driveway, Gravel
Has uncovered spaces: Yes

Features

Levels: One
Patio & porch: Deck, Rear Porch, Porch, Front Porch
Exterior features: Fire Pit, Storage, Rain Gutters, Private Yard, Lighting
Pool features: None
Has view: Yes
View description: Rural, Trees/Woods

Lot

Size: 2 Acres
Features: Back Yard, Wooded, Private, Front Yard

Details

Parcel number: 560834300004000003
Special conditions: Standard,None
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1964

Utilities & green energy

Electric: 100 Amp Service, Other
Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Connected, Propane

Community & HOA

HOA

Has HOA: No

Location

Region: Fair Oaks

Financial & listing details

Price per square foot: $116/sqft
Tax assessed value: $399,400
Annual tax amount: $3,361
Date on market: 6/22/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,VA Loan,USDA Loan,FHA,Conventional

Robert McDaniel

(219) 863-4296

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Estimated market value

$372,000

$353,000 - $391,000

$2,268/mo

Price history

Date	Event	Price
6/22/2026	Listed for sale	$389,900$116/sqft
Source: NIRA as distributed by MLS GRID #841062 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,361 -4.8%	$372,900 -6.6%
2024	$3,528 +105.7%	$399,400 +17.9%
2023	$1,715 +24.3%	$338,900 +83%
2022	$1,380 -5.1%	$185,200 +25.8%
2021	$1,454 +6.4%	$147,200
2020	$1,367 -10.7%	$147,200 -2.1%
2019	$1,530 -1.9%	$150,300 -6.4%
2018	$1,560 -1.5%	$160,600 -4.5%
2017	$1,583 +37.4%	$168,200 -0.9%
2016	$1,152 +9.6%	$169,700 +20.4%
2014	$1,052 -8%	$140,900 -1.3%
2013	$1,143 +0.4%	$142,800 -1.7%
2012	$1,139 -11.2%	$145,200 -7.2%
2011	$1,282 -6.5%	$156,400 -4.6%
2010	$1,372 +1%	$164,000 -1.6%
2009	$1,358 +8.7%	$166,600 +11.6%
2007	$1,249 -43%	$149,300 -18.6%
2006	$2,189	$183,500
2005	--	$183,500

Find assessor info on the county website

Monthly payment

Est. payment

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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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