This spacious ranch-style home is the perfect place to raise a family and enjoy the peaceful country life in Wells County. Set on nearly 5 acres, this property boasts plenty of fenced-in pasture and a barn that features 2 stalls (floor mats included!), storage for hay and tack, and a 2-car garage with workbench and shelving, making this property ideal for 4-H projects or hobby animals. The yard includes a playset, mature trees, a pollinator garden, and plenty of space for a vegetable garden and for your children to run and play. Enter the house under the new (2025) custom-built carport and through the large mudroom/laundry room, into the open concept great room which includes vaulted ceilings, a carpeted living area, kitchen with lots of counter and cabinet space and all appliances included, a dining area, and a cozy wood burning stove for those cold Indiana winters. Walk through the sliding barn door created from reclaimed fence posts to the dining room, where you'll find space for a large family table as well as the front door and the sliding glass door that leads to the deck and a beautiful view of the backyard. The dining room also provides access to the beautifully finished basement (2024), which includes a possible 5th bedroom or office space and custom built-in shelving along one wall, as well as more reclaimed wood. Off of the dining room is the hall that leads to the full bathroom with heated tile floors and clawfoot tub, 4 bedrooms (one which includes a half-bath), and a small room that can be used as a storage space, office, or craft room. The house was newly sided on the front and both sides in 2026. Don't miss out on this special find! Swing set / playground stays with the property. Broker is related to the seller. Room sizes are approximate.
Active
$405,000
5635 E 1050 S, Keystone, IN 46759
5beds
3,144sqft
Residential, Single Family Residence
Built in 1959
4.3 Acres Lot
$-- Zestimate®
$129/sqft
$-- HOA
What's special
Beautifully finished basementOpen concept great roomPollinator gardenVaulted ceilingsCozy wood burning stoveYard includes a playsetMature trees
- 20 days
- 1,776
- 53
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Marty Matlock marty@matlockgroup.net,
Matlock Realty Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22127146
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 4
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 5
- Level: Basement
- Area: 110 Square Feet
- Dimensions: 11x10
Dining room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Family room
- Level: Main
- Area: 320 Square Feet
- Dimensions: 16x20
Kitchen
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Laundry
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11x14
Play room
- Level: Basement
- Area: 320 Square Feet
- Dimensions: 16x20
Heating
- Electric, Propane, Wood Stove
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Gas Water Heater, Gas Oven, Refrigerator
- Laundry: Main Level
Features
- Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen
- Basement: Finished
Interior area
- Total structure area: 3,144
- Total interior livable area: 3,144 sqft
- Finished area below ground: 1,008
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 4.3 Acres
- Features: Rural - Not Subdivision, Mature Trees
Details
- Parcel number: 901225100005000015
- Horse amenities: Barn
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Water: Private
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Keystone
Financial & listing details
- Price per square foot: $129/sqft
- Tax assessed value: $282,400
- Annual tax amount: $3,078
- Date on market: 9/22/2026
- Cumulative days on market: 21 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Listed for sale | $405,000+131.4%$129/sqft |
Source: | ||
| 11/3/2017 | Sold | $175,000-8.9%$56/sqft |
Source: Agent Provided Report a problem | ||
| 9/7/2017 | Price change | $192,000-1.5%$61/sqft |
Source: Heartland Auction & Realty, Inc. #201734791 Report a problem | ||
| 8/22/2017 | Price change | $195,000-1.5%$62/sqft |
Source: Heartland Auction & Realty, Inc. #201734791 Report a problem | ||
| 8/15/2017 | Price change | $198,000-4.3%$63/sqft |
Source: Heartland Auction & Realty, Inc. #201734791 Report a problem | ||
| 7/28/2017 | Listed for sale | $207,000$66/sqft |
Source: Heartland Auction & Realty, Inc. #201734791 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,630 +15.6% | $282,400 +11% |
| 2024 | $2,276 +130% | $254,300 +10.7% |
| 2023 | $990 +9.2% | $229,700 +13.7% |
| 2022 | $907 +25.3% | $202,000 +10.1% |
| 2021 | $724 +3.3% | $183,500 +5.8% |
| 2020 | $700 -38.1% | $173,400 +10.1% |
| 2019 | $1,132 +145.4% | $157,500 +5.6% |
| 2018 | $461 +12.8% | $149,200 +12.3% |
| 2017 | $409 +35.1% | $132,800 +3.3% |
| 2016 | $303 -4.3% | $128,500 +21% |
| 2014 | $316 -0.5% | $106,200 -0.3% |
| 2013 | $318 -30.5% | $106,500 -11.3% |
| 2012 | $457 +15.8% | $120,000 +13% |
| 2011 | $395 -17.1% | $106,200 -5.6% |
| 2010 | $477 +12.7% | $112,500 +1.4% |
| 2009 | $423 -34.3% | $110,900 +3% |
| 2006 | $644 | $107,700 +13.2% |
| 2005 | -- | $95,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46759
Nearby schools
Schools provided by the listing agent
- Elementary: Southern Wells Elementary School
- High: Southern Wells Jr-Sr 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.



