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Sold
  • $550,000

    5288 S County Road 725 E, Straughn, IN 47387

    3beds
    2,667sqft
    Residential, Single Family Residence
    Built in 1967
    56 Acres Lot
    $561,600 Zestimate®
    $206/sqft
    $1,501 Estimated rent

    Home value

    $561,600

    Estimated sales range

    Not available

    $1,501/mo

    Zestimate® history
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    What's special

    Set well back from the road for exceptional privacy, this former cattle ranch offers an ideal setup for a working farm, hobby farm, or country retreat. Spanning 56 acres across two separate parcels, the property includes fenced pastures, hay fields, a pond for fishing or livestock watering, a creek, approximately 11 acres of woods, and some tillable acreage (subject to tenant's rights). The land is equipped with drainage tiles and is home to abundant wildlife including wild turkey and deer. The 3-bedroom, 1-bath brick ranch features a spacious living room, a large, remodeled kitchen with island, dining area, and pantry, plus an oversized family room. A full basement offers additional storage or workspace. Stove, refrigerator, and newer water softener remain with the sale. Updates include a new propane furnace (2020), some new windows, and a roof replacement (2021). Home needs some finish work which makes it perfect for customizing to your taste. Two versatile outbuildings enhance the property's functionality: 1) 48' x 72' Steel Post & Steel Truss building with newer 200-amp power, water, Drains and plumbing, concrete floor, and 18' walls, sliding doors. 2) Barn set up for livestock. 28' x 72' building with newer 100-amp power, water, 1,000 BTU propane heater in the enclosed section. With gated pastures, excellent drainage, and easy access to I-70, this property combines agricultural capability with the peace and privacy of country living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Falck-Neal 765-524-5585,

    RE/MAX First Integrity

    Bought with:

    Non-BLC Member

    MIBOR REALTOR® Association

    Source: MIBOR as distributed by MLS GRID,MLS#: 22056310MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Features: Other
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Bedroom 3
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 10x9
    Dining room
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Kitchen
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Living room
    • Level: Main
    • Area: 459 Square Feet
    • Dimensions: 27x17
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Electric Oven, Refrigerator
    • Laundry: In Basement
    Features
    • Attic Access, Kitchen Island, Ceiling Fan(s)
    • Basement: Partial
    • Attic: Access Only
    Interior area
    • Total structure area: 2,667
    • Total interior livable area: 2,667 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None, Attached
    • Has attached garage: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Storage
    • Fencing: Fenced,Partial
    Lot
    • Size: 56 Acres
    • Features: Irregular Lot, Not In Subdivision, Rural - Not Subdivision
    Details
    • Additional parcels included: 331812000203.003003
    • Parcel number: 331812000203000003
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick
    • Foundation: Block, Crawl Space
    Condition
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Water: Private

    Community & HOA

    Community
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Straughn

    Financial & listing details

    • Price per square foot: $206/sqft
    • Tax assessed value: $181,300
    • Annual tax amount: $1,748
    • Date on market: 8/20/2025
    • Cumulative days on market: 103 days

    Price history

    DateEventPrice
    1/20/2026Sold$550,000-8.3%$206/sqft
    Source: MIBOR as distributed by MLS GRID #22056310 Report a problem
    11/30/2025Pending sale$599,900
    Source: IRMLS #202533166 Report a problem
    11/5/2025Price change$599,900-4%
    Source: IRMLS #202533166 Report a problem
    10/8/2025Price change$624,900-3.8%
    Source: IRMLS #202533166 Report a problem
    9/19/2025Price change$649,900-3.7%
    Source: IRMLS #202533166 Report a problem
    8/20/2025Listed for sale$674,900
    Source: IRMLS #202533166 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,224 -11.6%$181,300 +2%
    2024$1,384 +13.2%$177,800 +0.7%
    2023$1,223 +19.7%$176,600 +14.1%
    2022$1,022 -42.8%$154,800 +11%
    2021$1,785 -26.4%$139,400 -20.4%
    2020$2,426 -12.8%$175,200 -7.3%
    2019$2,783 -1.5%$188,900 -8.9%
    2017$2,826 +18.8%$207,300 -1.9%
    2016$2,379 -0.5%$211,300 -5.8%
    2014$2,391 +3.4%$224,300 +8.6%
    2013$2,312 +14%$206,500 +0.2%
    2012$2,029 -17.3%$206,100 -1.1%
    2011$2,453 -8.4%$208,300 +6.8%
    2010$2,677 +20.7%$194,950 +1%
    2009$2,218 $193,100
    Find assessor info on the county website

    Neighborhood: 47387

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Tri-Elementary School
    • High: Tri Junior-Senior 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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