Stunning three-bedroom, three-bath home located in the desirable Shepherd Cove subdivision and served by award-winning Penn-Harris-Madison schools! This beautifully updated home offers the perfect blend of style, space, and modern comfort. Step inside to soaring vaulted ceilings, premium finishes, and light, bright décor with today’s popular neutral tones. The finished basement adds more than 1,000 sq. ft. of additional living space, featuring a huge family room, wet bar, bedroom (no egress), and full bath—an ideal setup for entertaining, guests, or multigenerational living. Outside, the fenced backyard is ready to enjoy with a storage shed and a new covered deck complete with a ceiling fan, perfect for relaxing and unwinding after a long day. This exceptional home truly has it all—move-in ready and a must-see!
Closed
$382,500
501 Shepherds Cove Dr, Osceola, IN 46561
3beds
2,349sqft
Single Family Residence
Built in 2003
10,018 Square Feet Lot
$390,700 Zestimate®
$--/sqft
$2,792 Estimated rent
Home value
$390,700
$352,000 - $434,000
$2,792/mo
Zestimate® history
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$1,910/mo
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List your homeWhat's special
Fenced backyardWet barStorage shedThree-bedroom three-bath homeHuge family roomPremium finishesSoaring vaulted ceilings
Zillow last checked:
Listing updated:
Listed by:
Christine Simper Cell:574-876-5106,
McKinnies Realty, LLC
Bought with:
Judith Allie, RB14044821
Milestone Realty, LLC
Source: IRMLS,MLS#: 202602924
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Living room
- Level: Main
- Area: 306
- Dimensions: 18 x 17
Office
- Level: Main
- Area: 117
- Dimensions: 13 x 9
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Gas Range, Gas Water Heater
- Laundry: Main Level, Washer Hookup
Features
- Vaulted Ceiling(s), Eat-in Kitchen, Main Level Bedroom Suite
- Basement: Full,Finished,Concrete
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,569
- Total interior livable area: 2,349 sqft
- Finished area above ground: 1,288
- Finished area below ground: 1,061
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck Covered
Lot
- Size: 10,018 Square Feet
- Dimensions: 80X125
- Features: Level
Details
- Additional structures: Shed
- Parcel number: 711008452002.000030
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: City
- Water: City
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Shepherds Cove
Location
- Region: Osceola
Financial & listing details
- Tax assessed value: $278,000
- Annual tax amount: $2,820
- Date on market: 1/29/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Sold | $382,500-1.9% |
Source:  IRMLS #202602924 Report a problem | ||
| 2/17/2026 | Pending sale | $389,900 |
Source: IRMLS #202602924 Report a problem | ||
| 1/29/2026 | Listed for sale | $389,900 |
Source: IRMLS #202602924 Report a problem | ||
| 1/25/2026 | Listing removed | $389,900 |
Source: IRMLS #202546875 Report a problem | ||
| 11/21/2025 | Listed for sale | $389,900+2.6% |
Source: IRMLS #202546875 Report a problem | ||
| 6/30/2025 | Sold | $379,900 |
Source: IRMLS #202514692 Report a problem | ||
| 5/23/2025 | Pending sale | $379,900 |
Source: IRMLS #202514692 Report a problem | ||
| 5/19/2025 | Price change | $379,900-3.2% |
Source: IRMLS #202514692 Report a problem | ||
| 4/28/2025 | Pending sale | $392,500 |
Source: IRMLS #202514692 Report a problem | ||
| 4/25/2025 | Listed for sale | $392,500+28.7% |
Source: IRMLS #202514692 Report a problem | ||
| 11/13/2023 | Sold | $305,000-6.2% |
Source: IRMLS #202335242 Report a problem | ||
| 10/13/2023 | Pending sale | $325,000 |
Source: IRMLS #202335242 Report a problem | ||
| 10/6/2023 | Price change | $325,000-11% |
Source: IRMLS #202335242 Report a problem | ||
| 9/27/2023 | Listed for sale | $365,000+40.4% |
Source: IRMLS #202335242 Report a problem | ||
| 4/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/28/2023 | Listed for rent | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/7/2022 | Sold | $260,000$111/sqft |
Source: Cressy Everett solds #202200028_46561 Report a problem | ||
| 1/3/2022 | Pending sale | $260,000 |
Source: IRMLS #202200028 Report a problem | ||
| 1/1/2022 | Listed for sale | $260,000+53% |
Source: IRMLS #202200028 Report a problem | ||
| 3/30/2016 | Sold | $169,987$72/sqft |
Source: Agent Provided Report a problem | ||
| 2/10/2016 | Listed for sale | $169,987$72/sqft |
Source: RE/MAX 1ST #201605062 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,791 +5.2% | $343,900 +23.7% |
| 2024 | $2,653 +17.7% | $278,000 -1.6% |
| 2023 | $2,255 +19.6% | $282,500 -1.8% |
| 2022 | $1,885 +1.1% | $287,800 +51.5% |
| 2021 | $1,864 +13.9% | $190,000 +1.1% |
| 2020 | $1,636 +8.8% | $187,900 +11.6% |
| 2019 | $1,504 +15.3% | $168,300 +3.1% |
| 2018 | $1,305 +16.4% | $163,200 +6.1% |
| 2017 | $1,121 -5% | $153,800 +16.7% |
| 2016 | $1,180 -3.9% | $131,800 -3.1% |
| 2014 | $1,228 -4.9% | $136,000 -1% |
| 2013 | $1,292 +1% | $137,400 -1.5% |
| 2012 | $1,279 +9.5% | $139,500 +4.1% |
| 2011 | $1,168 +1.9% | $134,000 -4.4% |
| 2010 | $1,146 -0.5% | $140,200 |
| 2009 | $1,152 | $140,200 +2% |
| 2007 | -- | $137,400 -45.2% |
| 2006 | $1,846 +7123.7% | $250,800 +50060% |
| 2003 | $26 | $500 +400% |
| 2001 | -- | $100 |
Find assessor info on the county website
Neighborhood: 46561
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Nearby schools
GreatSchools rating
- 9/10Moran Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Virgil I Grissom Middle SchoolGrades: 6-8Distance: 4.9 mi
- 10/10Penn High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Moran
- Middle: Grissom
- High: Penn
- District: Penn-Harris-Madison School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Saint Joseph County
- Osceola
- 46561
- 501 Shepherds Cove Dr
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