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  • $621,500

    703 W Milroy Ave, Rensselaer, IN 47978

    5beds
    4,353sqft
    Single Family Residence
    Built in 1900
    0.65 Acres Lot
    $621,600 Zestimate®
    $143/sqft
    $2,992 Estimated rent

    Home value

    $621,600

    Estimated sales range

    Not available

    $2,992/mo

    Zestimate® history
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    What's special

    Wood-burning fireplaceAttached garageCovered back porchQuartz countertopsSpacious primary suiteFormal dining roomExquisite original woodwork
    Every once in a while, a home comes to market that simply cannot be replicated. Rich in history and beautifully updated for today's lifestyle, this remarkable turn-of-the-century residence is one of Rensselaer's most admired homes. Offering 5 bedrooms, 5 baths, and 3,753 SF on the 1st and 2nd Floors, plus an expansive floored walk-up attic with endless possibilities, this home showcases the craftsmanship and character that make historic homes so special. From the moment you enter the grand foyer, you'll be captivated by the magnificent open staircase, exquisite original woodwork, and timeless elegance throughout. The spacious living room features a wood-burning fireplace, while the formal dining room is ready for memorable gatherings. A private office offers the ideal work-from-home space. The custom kitchen is truly the heart of the home, featuring quartz countertops, premium Viking appliances, custom cabinetry, and a charming pass-through window above the sink that opens directly into the sunroom--perfect for entertaining. You will love the thoughtfully designed mudroom/laundry room with abundant storage and a convenient dog-washing station. The spacious primary suite offers a private balcony overlooking the fenced backyard and a luxurious bath with double vanities, a tiled walk-in shower, and a soaking tub. The partially finished basement includes a theater room, exercise room, and additional storage, while the walk-up attic offers incredible expansion potential. Outdoor living is equally impressive with covered back porch, sunroom, attached garage, and beautifully landscaped lot of just over one-half acre. Timeless architecture, exceptional craftsmanship, and modern amenities come together to create a home that is as impressive today as it was a century ago. Numerous quality updates have been made to this home. Please see complete list attached to this listing. Seller requests 14 days after an offer is accepted to find a suitable home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Terri Phegley,

    Cornerstone Real Estate Agency 219-866-4528

    Bought with:

    Terri Phegley, RB14016585

    Cornerstone Real Estate Agency

    Source: NIRA as distributed by MLS GRID,MLS#: 842901MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Bedroom 2, Primary Bedroom, Office, Media Room, Living Room, Laundry, Kitchen, Exercise Room, Dining Room, Bedroom 5, Bedroom 4, Bedroom 3
    Primary bedroom
    • Description: Gorgeous Suite and Balcony overlooks backyard
    • Level: Upper
    • Area: 294
    • Dimensions: 21.0 x 14.0
    Bedroom 2
    • Level: Upper
    • Area: 117
    • Dimensions: 13.0 x 9.0
    Bedroom 3
    • Level: Upper
    • Area: 140
    • Dimensions: 14.0 x 10.0
    Bedroom 4
    • Level: Upper
    • Area: 132
    • Dimensions: 12.0 x 11.0
    Bedroom 5
    • Level: Upper
    • Area: 132
    • Dimensions: 11.0 x 12.0
    Breakfast room
    • Description: French Doors out to Covered Porch
    • Level: Main
    • Area: 90
    • Dimensions: 10.0 x 9.0
    Dining room
    • Description: French Doors to Covered Porch, Bamboo Hardwood Floors
    • Level: Main
    • Area: 204
    • Dimensions: 17.0 x 12.0
    Exercise room
    • Description: Tile Floor, 3/4 Bath
    • Level: Basement
    • Area: 221
    • Dimensions: 13.0 x 17.0
    Foyer
    • Description: Slate with Stunning Open Stairway
    • Level: Main
    • Area: 224
    • Dimensions: 14.0 x 16.0
    Kitchen
    • Description: Viking Appliances, Pot Filler, Window opens to Sunroom for serving
    • Level: Main
    • Area: 312
    • Dimensions: 26.0 x 12.0
    Living room
    • Description: Fireplace, Bamboo Hardwood Floors, Bay Windows
    • Level: Main
    • Area: 495
    • Dimensions: 33.0 x 15.0
    Media room
    • Description: Tile Floor, 1/2 Bath, Kitchenette with Beverage Fridge
    • Level: Basement
    • Area: 336
    • Dimensions: 24.0 x 14.0
    Other
    • Description: Laundry, Dog Wash and Storage
    • Level: Main
    • Area: 150
    • Dimensions: 15.0 x 10.0
    Office
    • Description: Bamboo Hardwood Floors
    • Level: Main
    • Area: 168
    • Dimensions: 14.0 x 12.0
    Heating
    • Hot Water, Natural Gas
    Appliances
    • Included: Disposal, Range Hood, Refrigerator, Range, Microwave, Dishwasher
    • Laundry: Laundry Room, Main Level
    Features
    • Ceiling Fan(s), Walk-In Closet(s), Stone Counters, Soaking Tub, Recessed Lighting, His and Hers Closets, High Ceilings, Eat-in Kitchen, Entrance Foyer, Double Vanity, Crown Molding
    • Basement: Interior Entry,Walk-Out Access,Sump Pump,Partially Finished
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 4,353
    • Total interior livable area: 4,353 sqft
    • Finished area above ground: 3,753

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Kitchen Level, Garage Faces Front, Driveway, Concrete, Additional Parking, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Patio & porch: Covered, Rear Porch, Front Porch
    • Exterior features: Rain Gutters, Private Yard
    • Fencing: Back Yard,Fenced
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.65 Acres
    • Features: Back Yard, Landscaped, Front Yard
    Details
    • Parcel number: 370730000115000027
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Fire Alarm
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Rensselaer

    Financial & listing details

    • Price per square foot: $143/sqft
    • Tax assessed value: $453,200
    • Annual tax amount: $2,554
    • Date on market: 7/24/2026
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,VA Loan,Conventional

    Price history

    DateEventPrice
    9/1/2026Sold$621,500-4.4%$143/sqft
    Source: NIRA as distributed by MLS GRID #842901 Report a problem
    8/3/2026Pending sale$649,900$149/sqft
    Source: NIRA as distributed by MLS GRID #842901 Report a problem
    7/24/2026Listed for sale$649,900+117%$149/sqft
    Source: NIRA as distributed by MLS GRID #842901 Report a problem
    3/18/2015Listing removed$299,500$69/sqft
    Source: Cornerstone Real Estate Agency, Inc. #347976 Report a problem
    11/1/2014Price change$299,500-6.4%$69/sqft
    Source: Cornerstone Real Estate Agency, Inc. #347976 Report a problem
    7/18/2014Price change$320,000-5.9%$74/sqft
    Source: Cornerstone Real Estate Agency, Inc. #347976 Report a problem
    5/2/2014Listed for sale$340,000$78/sqft
    Source: Cornerstone Real Estate Agency, Inc. #347976 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,767 +9.5%$453,200 +9.8%
    2024$2,527 -3.3%$412,600 +5.1%
    2023$2,615 +7.2%$392,500 +8.2%
    2022$2,439 +6%$362,700 +14%
    2021$2,300 +8.1%$318,100 +3.1%
    2020$2,128 +4.7%$308,500 +3.2%
    2019$2,033 +17.5%$298,800 +4.7%
    2017$1,730 +51.3%$285,300 +0.8%
    2016$1,143 -7.6%$283,000 +34.8%
    2014$1,237 +3.3%$209,900 -1.5%
    2013$1,197 +4%$213,100 +2.8%
    2012$1,151 -11.9%$207,300 -3.4%
    2011$1,307 +12.4%$214,700
    2010$1,163 +10.3%$214,700
    2009$1,054 $214,700 +7.4%
    2006-- $199,900 -1.6%
    2005-- $203,100
    Find assessor info on the county website

    Neighborhood: 47978

    Nearby schools

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