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  • $400,000

    4381 N Us Highway 231, Rensselaer, IN 47978

    4beds
    1,748sqft
    Single Family Residence
    Built in 1997
    5.38 Acres Lot
    $404,900 Zestimate®
    $229/sqft
    $2,602 Estimated rent

    Home value

    $404,900

    Estimated sales range

    Not available

    $2,602/mo

    Zestimate® history
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    What's special

    Open-concept ranch homeStriking wood-burning stone fireplaceCaptivating living spaceSoaring vaulted ceilingsMagnificent double-trayed ceilingWell-designed split floor plan
    MOTIVATED SELLER! WILL LOOK AT ALL OFFERS! Discover an exceptional opportunity with this open-concept ranch home set on a sprawling 5 acres, complete with a detached garage housing a two-bedroom apartment above! This remarkable property is brimming with potential and versatility. Step inside the main home to find a captivating living space, enhanced by a striking wood-burning stone fireplace and soaring vaulted ceilings. The well-designed split floor plan includes 2 to 3 bedrooms, with the third bedroom currently serving as a private office. This room offers exclusive access to the outdoor living area, elegant French doors leading to the main living space, and a magnificent double-trayed ceiling that adds to its charm. The kitchen is a chef's dream, boasting ample natural light and breathtaking views of the surrounding acreage. Tastefully updated with granite countertops, it provides a perfect setting for cooking and entertaining. Retreat to the expansive master suite, where you'll find generous space and additional heating in the en suite bathroom to create a truly relaxing oasis. But that's not all! Above the spacious and heated 2.5-car garage lies a two-bedroom, one-bathroom apartment, ideal for related living, an Airbnb rental, or your creative studio. With its own private entrance and a large balcony overlooking the vast grounds, this space is perfect for enjoying serene moments and inspiring views. Imagine the possibilities on these 5 acres plenty of space for horses, livestock, or even a personal garden! Experience the charm of rural Indiana while enjoying easy access to major roadways for your daily commute. This is more than just a home; it's a lifestyle waiting for you to embrace! Act now and make this extraordinary property your own!

    Zillow last checked:

    Listing updated:

    Listed by:

    Starla VanSoest,

    BHHS Executive Realty 219-663-1986

    Bought with:

    Bradley Ericks, RB18001373

    Advanced Real Estate, LLC

    Source: NIRA as distributed by MLS GRID,MLS#: 832283MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Area: 360.89
    • Dimensions: 23.9 x 15.1
    Bedroom 2
    • Area: 183.06
    • Dimensions: 16.2 x 11.3
    Bedroom 3
    • Description: In Apartment above garage
    • Area: 90
    • Dimensions: 10.0 x 9.0
    Bedroom 4
    • Description: In apartment above garage
    • Area: 90
    • Dimensions: 10.0 x 9.0
    Dining room
    • Description: Door to outdoor, backyard living space. Patio
    • Area: 154.56
    • Dimensions: 13.8 x 11.2
    Family room
    • Description: In apartment above garage - open kitchen and living room
    • Area: 400
    • Dimensions: 20.0 x 20.0
    Kitchen
    • Description: updated, Granite counter tops
    • Area: 142.24
    • Dimensions: 12.7 x 11.2
    Laundry
    • Description: Main floor laundry room
    • Area: 70.56
    • Dimensions: 11.2 x 6.3
    Living room
    • Description: Vaulted Ceiling, Fireplace, Open concept!
    • Area: 484.41
    • Dimensions: 24.1 x 20.1
    Office
    • Description: Option for additional bedroom. Has private access to back patio!
    • Area: 179.2
    • Dimensions: 16.0 x 11.2
    Heating
    • Propane, Other, Forced Air
    Appliances
    • Included: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Dishwasher
    • Laundry: Laundry Room, Main Level
    Features
    • Ceiling Fan(s), Vaulted Ceiling(s), Tray Ceiling(s), Open Floorplan, In-Law Floorplan, High Ceilings, Granite Counters, Eat-in Kitchen
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Wood Burning
    Interior area
    • Total structure area: 1,748
    • Total interior livable area: 1,748 sqft
    • Finished area above ground: 1,748

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Detached, Heated Garage, Driveway, Additional Parking, Garage Door Opener
    • Garage spaces: 2.5
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Patio & porch: Covered, Patio, Front Porch, Deck
    • Exterior features: Storage
    • Pool features: None
    • Has view: Yes
    • View description: Rural
    Lot
    • Size: 5.38 Acres
    • Features: Few Trees, Rectangular Lot, Landscaped, Front Yard
    Details
    • Parcel number: 371006000002001030
    • Special conditions: Standard
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected, Propane

    Community & neighborhood

    Location
    • Region: Rensselaer
    • Subdivision: Nelson's

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,VA Loan,USDA Loan,FHA,Conventional

    Price history

    DateEventPrice
    4/3/2026Sold$400,000+0%$229/sqft
    Source: NIRA as distributed by MLS GRID #832283 Report a problem
    3/7/2026Pending sale$399,900$229/sqft
    Source: NIRA as distributed by MLS GRID #832283 Report a problem
    1/16/2026Price change$399,900-4.6%$229/sqft
    Source: NIRA as distributed by MLS GRID #832283 Report a problem
    1/1/2026Listed for sale$419,400$240/sqft
    Source: NIRA as distributed by MLS GRID #832283 Report a problem
    1/1/2026Listing removed$419,400$240/sqft
    Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #826222 Report a problem
    11/4/2025Price change$419,400-0.1%$240/sqft
    Source: NIRA as distributed by MLS GRID #826222 Report a problem
    10/5/2025Price change$419,900-1.2%$240/sqft
    Source: NIRA as distributed by MLS GRID #826222 Report a problem
    8/18/2025Listed for sale$424,900+58.5%$243/sqft
    Source: NIRA as distributed by MLS GRID #826222 Report a problem
    12/13/2021Sold$268,000-0.7%$153/sqft
    Source: NIRA as distributed by MLS GRID #503315 Report a problem
    10/28/2021Listed for sale$270,000+86.3%$154/sqft
    Source: NIRA as distributed by MLS GRID #503315 Report a problem
    4/7/2011Listing removed$144,900$83/sqft
    Source: isNowListed.com #9945863 Report a problem
    3/24/2011Listed for sale$144,900$83/sqft
    Source: isNowListed.com #9945863 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,471 +15%$312,300 +11.5%
    2024$1,279 -4.2%$280,000 +6.3%
    2023$1,335 +16.9%$263,300 +6.1%
    2022$1,143 -8.5%$248,200 +17.6%
    2021$1,249 +9%$211,100 +1.3%
    2020$1,146 +3.1%$208,400 +4.3%
    2019$1,112 +8.4%$199,900 +2.1%
    2017$1,025 +12.8%$195,800 -0.2%
    2016$909 +2.6%$196,200 -0.6%
    2014$886 +8.4%$197,300 +0.9%
    2013$817 +1.4%$195,600 -1.2%
    2012$806 -7.5%$198,000
    2011$871 +9.8%$198,000 -1.4%
    2010$793 +5.7%$200,800
    2009$751 $200,800 -9.8%
    2006-- $222,700 +5.5%
    2005-- $211,000

    Find assessor info on the county website

    Neighborhood: 47978

    Nearby schools

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