Nestled on 1.78 peaceful acres in the highly sought-after Oak Hill School District, this unique country property is ready for its next chapter. Surrounded by open farmland, you'll enjoy the privacy and tranquility that rural living has to offer. Offering approximately 2,400 square feet, the home is currently configured as a one-bedroom, one-bath residence with a distinctive log cabin-style front living room full of rustic charm and character. While the property is in need of renovation, it presents an incredible opportunity for someone with vision to restore its charm, expand the existing home, or create an entirely new custom build in a beautiful country setting. Once a homesteader's dream, the property features multiple outbuildings, including a large greenhouse, providing endless possibilities for gardening, hobby farming, workshops, storage, or pursuing your own rural lifestyle. Whether you're dreaming of a modern farmhouse renovation, a private country retreat, or building your forever home, this property offers the space and setting to bring those ideas to life. If you've been searching for acreage, privacy, and unlimited potential in a desirable location, this is your opportunity to create something truly special. Buyer and buyer's agent to verify square footage, school district, and all information deemed material to the buyer.
Active under contract
$130,000
4855 N 700 W, Marion, IN 46952
1beds
2,400sqft
Single Family Residence
Built in 1959
1.77 Acres Lot
$148,900 Zestimate®
$--/sqft
$-- HOA
What's special
Peaceful acresLarge greenhouseSurrounded by open farmlandRustic charm and characterMultiple outbuildings
- 52 days
- 809
- 34
Zillow last checked:
Listing updated:
Listed by:
Sarah E Mast 765-618-0155,
Real Broker, LLC
Source: IRMLS,MLS#: 202628644
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Upper
Heating
- Natural Gas, Forced Air
Cooling
- None
Appliances
- Included: Range/Oven Hook Up Elec, Refrigerator, Washer, Dryer-Gas, Electric Range
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Features
- Stand Up Shower, Formal Dining Room
- Flooring: Carpet
- Basement: Partial,Unfinished,Concrete
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,916
- Total interior livable area: 2,400 sqft
- Finished area above ground: 2,400
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Pool features: Above Ground
Lot
- Size: 1.77 Acres
- Features: Level, 0-2.9999, Rural
Details
- Additional structures: Outbuilding, Barn
- Parcel number: 270414100009.001025
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Marion
Financial & listing details
- Tax assessed value: $132,900
- Annual tax amount: $1,486
- Date on market: 7/16/2026
- Listing terms: Cash,Conventional
Estimated market value
$148,900
$115,000 - $186,000
$1,089/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $130,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,482 +6.9% | $132,900 +14.4% |
| 2024 | $1,386 -16.5% | $116,200 +10.9% |
| 2023 | $1,659 +7.6% | $104,800 +0.4% |
| 2022 | $1,542 +8% | $104,400 +9% |
| 2021 | $1,428 +3.5% | $95,800 +2.5% |
| 2020 | $1,380 +9.3% | $93,500 -1% |
| 2019 | $1,263 +241.3% | $94,400 +3.6% |
| 2018 | $370 -27.5% | $91,100 +4.6% |
| 2017 | $511 +55.1% | $87,100 +4.1% |
| 2016 | $329 -30.3% | $83,700 -11.1% |
| 2014 | $472 +10.4% | $94,200 +0.3% |
| 2013 | $428 +4% | $93,900 -0.1% |
| 2012 | $412 +5.6% | $94,000 +58.5% |
| 2011 | $390 +0.7% | $59,300 +1.4% |
| 2010 | $387 +6.9% | $58,500 |
| 2009 | $362 -12.8% | $58,500 +3.2% |
| 2007 | $415 | $56,700 |
| 2006 | -- | $56,700 +1.3% |
| 2005 | -- | $56,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46952
Nearby schools
Schools provided by the listing agent
- Elementary: Converse/Sweetser
- Middle: Oak Hill
- High: Oak Hill
- District: Oak Hill United School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



