Located at 4934 S 550 W, NEWPALESTINE, IN, this single-family residence in Hancock County presents a rare opportunity to experience luxurious living in a home that is in great condition. Built in 2022, this amazing design features top-tier materials and awaits its discerning new owner. The heart of this home is undoubtedly the two kitchens, a culinary dream realized with its expansive kitchen island, shaker cabinets, and double oven, providing ample space for preparation and catering. The stovetop and backsplash add a touch of elegance and practicality, ensuring both beauty and functionality in this central space. The living room offers a place to relax and recharge, featuring a fireplace that serves as a focal point, creating an atmosphere of warmth. The high ceiling enhances the sense of spaciousness, inviting gatherings and quiet moments alike. This residence offers five full bathrooms and one half bathroom, ensuring convenience and privacy. Five bedrooms provide comfortable accommodation for all. With 4209 square feet of living area set upon a sprawling 301043 square foot lot in a rural area, this two-story residence provides a harmonious blend of space and privacy, making it the perfect retreat from the everyday. This luxurious house with an open floor plan and unfinished basement is waiting for you to make it a home.
Sold
$1,388,000
4934 S 550 W, New Palestine, IN 46163
5beds
10,897sqft
Residential, Single Family Residence
Built in 2022
6.91 Acres Lot
$1,387,500 Zestimate®
$127/sqft
$4,332 Estimated rent
Home value
$1,387,500
$1.22M - $1.58M
$4,332/mo
Zestimate® history
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$6,689/mo
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Zillow last checked:
Listing updated:
Listed by:
Harjot Suri 317-779-9274,
Midland Realty Group, Inc.
Bought with:
Kelsey Dossey
Bennett Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22051806
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 255 Square Feet
- Dimensions: 17X15
Bedroom 2
- Level: Main
- Area: 256 Square Feet
- Dimensions: 16X16
Bedroom 3
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 13X15
Bedroom 4
- Level: Upper
- Area: 238 Square Feet
- Dimensions: 14X17
Bedroom 5
- Level: Upper
- Area: 255 Square Feet
- Dimensions: 17X15
Breakfast room
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Dining room
- Level: Main
- Area: 255 Square Feet
- Dimensions: 15x17
Family room
- Level: Main
- Area: 448 Square Feet
- Dimensions: 28x16
Great room
- Level: Main
- Area: 280 Square Feet
- Dimensions: 14X20
Loft
- Level: Upper
- Area: 154 Square Feet
- Dimensions: 11X14
Office
- Level: Upper
- Area: 112 Square Feet
- Dimensions: 8X14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, MicroHood, Oven, Water Softener Owned
Features
- Eat-in Kitchen, Pantry, Supplemental Storage, Walk-In Closet(s)
- Basement: Egress Window(s),Roughed In,Unfinished
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 10,897
- Total interior livable area: 10,897 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Features
- Levels: Three Or More
Lot
- Size: 6.91 Acres
Details
- Parcel number: 301030300021001012
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modular
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Stone, Vinyl With Brick
- Foundation: Concrete Perimeter, Full
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Water: Private
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: New Palestine
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $1,505,900
- Annual tax amount: $15,508
- Date on market: 7/21/2025
- Cumulative days on market: 223 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Sold | $1,388,000-5.6%$127/sqft |
Source:  MIBOR as distributed by MLS GRID #22051806 Report a problem | ||
| 2/25/2026 | Pending sale | $1,470,000$135/sqft |
Source: MIBOR as distributed by MLS GRID #22051806 Report a problem | ||
| 1/4/2026 | Price change | $1,470,000-12%$135/sqft |
Source: MIBOR as distributed by MLS GRID #22051806 Report a problem | ||
| 10/6/2025 | Price change | $1,670,000-2.9%$153/sqft |
Source: MIBOR as distributed by MLS GRID #22051806 Report a problem | ||
| 9/16/2025 | Price change | $1,720,000-5.5%$158/sqft |
Source: MIBOR as distributed by MLS GRID #22051806 Report a problem | ||
| 7/21/2025 | Listed for sale | $1,820,000+90900%$167/sqft |
Source: MIBOR as distributed by MLS GRID #22051806 Report a problem | ||
| 8/12/2024 | Sold | $2,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,437 +309.1% | $1,505,900 +2.3% |
| 2024 | $3,774 +1933.6% | $1,472,100 +255.8% |
| 2023 | $186 -4.4% | $413,700 +3877.9% |
| 2022 | $194 | $10,400 +7.2% |
| 2021 | -- | $9,700 |
Find assessor info on the county website
Neighborhood: 46163
Nearby homes
- $397,7003 bd2 ba2.1k sqft5625 W Stinemyer Rd, New Palestine, IN 46163Off Market
- $8,0004 bd3 ba-- sqft4980 S 550 W, New Palestine, IN 46163Off Market
- $615,4004 bd3 ba3.2k sqft4980 S 550 W, New Palestine, IN 46163Off Market
- $1,013,3005 bd5 ba5.5k sqft4898 S 550 W, New Palestine, IN 46163Off Market
- $17,200-- bd-- ba-- sqft5667 W Stinemyer Rd, New palestine, IN 46163Off Market
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- $717,5005 bd3 ba2.2k sqft4976 S 550 W, New Palestine, IN 46163Off Market
- $389,1003 bd2 ba1.8k sqft5678 W Stinemyer Rd, New Palestine, IN 46163Off Market
Nearby schools
GreatSchools rating
- 8/10New Palestine Elementary SchoolGrades: PK-4Distance: 0.8 mi
- 8/10New Palestine Jr High SchoolGrades: 7-8Distance: 2.7 mi
- 10/10New Palestine High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Middle: New Palestine Jr High School
- High: New Palestine High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,387,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,387,500
- Indiana
- Hancock County
- New Palestine
- 46163
- 4934 S 550 W
Nearby cities
Nearby zip codes
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