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Sold
  • $600,000

    7487 W 500 N, McCordsville, IN 46055

    5beds
    3,178sqft
    Residential, Single Family Residence
    Built in 1973
    7.03 Acres Lot
    $600,000 Zestimate®
    $189/sqft
    $2,968 Estimated rent

    Home value

    $600,000

    $564,000 - $636,000

    $2,968/mo

    Zestimate® history
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    What's special

    Cozy fireplaceHomesite is fully fencedWide open green spaceLarge fishing pond
    The unicorn property you've been waiting for has finally arrived! Nestled on over 7 acres in growing McCordsville and located within the highly regarded Mt. Vernon School district, this rare opportunity offers the perfect blend of residential comfort and agricultural flexibility. Boasting over 3,000 square feet, 5 bedrooms, and 4 bathrooms, this home provides room to spread out while offering a true In-law suite (or rental space) complete with its own entrance, bedroom, bathroom, kitchen and sunroom, making it ideal for multi generational living, guests, or private quarters. Inside, you'll find spacious living areas centered around a cozy fireplace and endless potential to make the home your own. The primary suite even offers the opportunity to create a stunning Juliet balcony overlooking the acreage and pond with a little vision and renovation. Outside is where this property truly shines. The homesite is fully fenced, while the horse paddock features secure fencing ready for your equestrian companions. Cast a line in the large fishing pond, enjoy wide open green space, or take advantage of the impressive 1,900 sq. ft. two stall barn, perfect for horses, hobby farming, storage, equipment, or workshop space. While some cosmetic updates and TLC could restore the pond area to its full glory, the hard to find combination of acreage, outbuildings, recreational features, and multi generational living opportunities make this property truly special. Enjoy the peace and privacy of country living while remaining just minutes from McCordsville's shopping, dining, and everyday conveniences. Properties offering this much land, functionality, and potential rarely become available. Whether you're dreaming of a hobby farm, equestrian estate, family compound, or private retreat, this one checks all the boxes. Don't miss your chance to own one of the area's most unique properties. Please see list of updates and features for more info!

    Zillow last checked:

    Listing updated:

    Listed by:

    Summer Hudson 317-622-6575,

    eXp Realty, LLC

    Bought with:

    Stephen Oesterreich

    BluPrint Real Estate Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22106249MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 460 Square Feet
    • Dimensions: 20x23
    Bedroom 2
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 14x15
    Bedroom 3
    • Level: Upper
    • Area: 180 Square Feet
    • Dimensions: 12x15
    Bedroom 4
    • Level: Upper
    • Area: 216 Square Feet
    • Dimensions: 12x18
    Bedroom 5
    • Level: Upper
    • Area: 160 Square Feet
    • Dimensions: 16x10
    Breakfast room
    • Level: Main
    • Area: 91 Square Feet
    • Dimensions: 7x13
    Dining room
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10x13
    Family room
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 17x11
    Kitchen
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 9x12
    Living room
    • Level: Main
    • Area: 350 Square Feet
    • Dimensions: 14x25
    Sun room
    • Features: Other
    • Level: Main
    • Area: 288 Square Feet
    • Dimensions: 24x12
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
    • Laundry: Connections All, Laundry Room, Main Level
    Features
    • Attic Access, Breakfast Bar, Entrance Foyer, In-Law Floorplan, Eat-in Kitchen, Walk-In Closet(s)
    • Has basement: No
    • Attic: Access Only
    • Number of fireplaces: 1
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 3,178
    • Total interior livable area: 3,178 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    • Details: Garage Parking Other(Garage Door Opener, Other)
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Glass Enclosed, Patio, Porch
    • Exterior features: Storage
    • Fencing: Fenced,Full
    • Has view: Yes
    • View description: Pasture, Pond, Rural, Trees/Woods, Water
    • Has water view: Yes
    • Water view: Pond,Water
    • Waterfront features: Pond
    Lot
    • Size: 7.03 Acres
    • Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees
    Details
    • Parcel number: 300511100001000006
    • Special conditions: None
    • Horse amenities: Barn, Boarding Facilities, Hay Storage, Paddocks, Pasture, Stable(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick, Vinyl With Brick
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Septic Tank
    • Water: Well, Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Buck Creek
    HOA
    • Has HOA: No
    Location
    • Region: Mccordsville

    Financial & listing details

    • Price per square foot: $189/sqft
    • Tax assessed value: $451,300
    • Annual tax amount: $4,252
    • Date on market: 6/6/2026
    • Cumulative days on market: 18 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/21/2026Sold$600,000$189/sqft
    Source: MIBOR as distributed by MLS GRID #22106249 Report a problem
    6/22/2026Pending sale$600,000$189/sqft
    Source: MIBOR as distributed by MLS GRID #22106249 Report a problem
    6/6/2026Listed for sale$600,000$189/sqft
    Source: MIBOR as distributed by MLS GRID #22106249 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,982 -8.3%$451,300 +0.9%
    2024$5,435 +17%$447,400 +3.2%
    2023$4,645 +26.9%$433,400 +21.1%
    2022$3,660 +5.3%$357,900 +13.8%
    2021$3,476 +4.2%$314,600 +7.2%
    2020$3,335 -2.6%$293,400 +4.6%
    2019$3,425 -1%$280,400 -0.6%
    2018$3,460 +2.7%$282,200 +1.7%
    2017$3,371 $277,500 +3.3%
    2016$3,371 +6.2%$268,600 +3.7%
    2014$3,173 +0.7%$258,900 -1.7%
    2013$3,150 -0.5%$263,500 -0.6%
    2012$3,166 -3.6%$265,100 +0.8%
    2011$3,283 +12.1%$263,000 +0.9%
    2010$2,929 +12%$260,700 +6.8%
    2009$2,616 -8.4%$244,100 -3%
    2007$2,857 -1.4%$251,600 +5.7%
    2006$2,897 $238,000 +10.4%
    2005-- $215,500
    Find assessor info on the county website

    Neighborhood: 46055

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $600,000
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    Estimated market value
    $600,000