Bring your vision and imagination to this unique rural property set on 3.73 acres of peaceful countryside, surrounded by beautiful open farmland and endless possibilities. The home itself offers great bones, exposed wood beams, and charming original woodwork that could be the foundation for something special. This home has a Morristown address but is in Eastern Hancock School District. Inside, you'll find 1 bedroom, 1.5 bathrooms, and a loft area that could easily serve as an additional bedroom, home office, or cozy retreat. A flex space off the living room provides even more options for customization. If you've been searching for a project with character, really nice acreage, and privacy, this is your opportunity to bring new life to a solid structure in a beautiful rural setting. Whether you envision a farmhouse restoration, weekend getaway, or small hobby farm - this property offers the space and serenity to make it happen. Garage was converted to storage space... Could be converted back to garage. Home has propane hookup.. Tank was located 30 feet North/Rear of home, but was removed when converted to electric heat. Water Heather and Softener are in cellar.
Sold
$150,000
5681 S 500 E, Morristown, IN 46161
1beds
1,656sqft
Residential, Single Family Residence
Built in 1900
3.73 Acres Lot
$-- Zestimate®
$91/sqft
$1,477 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,477/mo
Zestimate® history
Owner options
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$1,477/mo
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$1,477/mo
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$960/mo
Est. payment
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$960/mo
Est. payment
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List your homeWhat's special
Loft areaGreat bonesCharming original woodworkFlex spaceExposed wood beams
Zillow last checked:
Listing updated:
Listed by:
Heather Large 317-408-8538,
Home Bound Real Estate LLC,
Jeremy Large,
Home Bound Real Estate LLC
Bought with:
Jeremy Large
Home Bound Real Estate LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22065361
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Kitchen
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Living room
- Level: Main
- Area: 442 Square Feet
- Dimensions: 17x26
Loft
- Features: Other
- Level: Upper
- Area: 468 Square Feet
- Dimensions: 26x18
Office
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Utility room
- Features: Tile-Ceramic
- Level: Main
- Area: 55 Square Feet
- Dimensions: 5x11
Heating
- Wood Stove
Cooling
- None
Appliances
- Included: Dishwasher
Features
- Cathedral Ceiling(s), Eat-in Kitchen
- Windows: Wood Work Stained
- Has basement: No
Interior area
- Total structure area: 1,656
- Total interior livable area: 1,656 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 3.73 Acres
- Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees
Details
- Additional structures: Storage
- Parcel number: 301135400018001001
- Special conditions: As Is,Estate
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Rustic
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Cellar, Crawl Space
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Water: Private
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Morristown
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $234,300
- Annual tax amount: $1,602
- Date on market: 10/15/2025
- Cumulative days on market: 115 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | $150,000-11.8%$91/sqft |
Source:  MIBOR as distributed by MLS GRID #22065361 Report a problem | ||
| 4/22/2026 | Pending sale | $170,000$103/sqft |
Source: MIBOR as distributed by MLS GRID #22065361 Report a problem | ||
| 4/21/2026 | Listed for sale | $170,000$103/sqft |
Source: MIBOR as distributed by MLS GRID #22065361 Report a problem | ||
| 2/5/2026 | Pending sale | $170,000$103/sqft |
Source: MIBOR as distributed by MLS GRID #22065361 Report a problem | ||
| 1/9/2026 | Price change | $170,000-2.9%$103/sqft |
Source: MIBOR as distributed by MLS GRID #22065361 Report a problem | ||
| 12/18/2025 | Price change | $175,000-7.9%$106/sqft |
Source: MIBOR as distributed by MLS GRID #22065361 Report a problem | ||
| 11/5/2025 | Price change | $190,000-5%$115/sqft |
Source: MIBOR as distributed by MLS GRID #22065361 Report a problem | ||
| 10/15/2025 | Listed for sale | $200,000$121/sqft |
Source: MIBOR as distributed by MLS GRID #22065361 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,578 +26.3% | $234,300 +2.4% |
| 2024 | $1,250 +35.3% | $228,800 +8.6% |
| 2023 | $924 +22.2% | $210,700 +33.6% |
| 2022 | $756 +0.3% | $157,700 +22.5% |
| 2021 | $753 +1.2% | $128,700 +2.7% |
| 2020 | $744 -31.1% | $125,300 -1.3% |
| 2019 | $1,080 +3.4% | $126,900 +1.8% |
| 2018 | $1,044 +68.7% | $124,700 +3.1% |
| 2017 | $619 | $121,000 +3.2% |
| 2016 | $619 -7.5% | $117,300 -2.3% |
| 2014 | $669 +6.6% | $120,100 +3% |
| 2013 | $628 -3.8% | $116,600 +1.1% |
| 2012 | $653 -60.5% | $115,300 +1.1% |
| 2011 | $1,653 -10% | $114,100 -4.2% |
| 2010 | $1,835 +5.3% | $119,100 |
| 2009 | $1,742 -6.2% | $119,100 -6.7% |
| 2007 | $1,857 +26.7% | $127,700 +14.4% |
| 2006 | $1,466 | $111,600 |
Find assessor info on the county website
Neighborhood: 46161
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Nearby schools
GreatSchools rating
- 7/10Eastern Hancock Elementary SchoolGrades: PK-5Distance: 9.9 mi
- 6/10Eastern Hancock Middle SchoolGrades: 6-8Distance: 9.9 mi
- 5/10Eastern Hancock High SchoolGrades: 9-12Distance: 9.8 mi
Schools provided by the listing agent
- Elementary: Eastern Hancock Elementary School
- Middle: Eastern Hancock Middle School
- High: Eastern Hancock 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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- Indiana
- Hancock County
- Morristown
- 46161
- 5681 S 500 E
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