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  • $465,000

    7641 S 500 W, Trafalgar, IN 46181

    3beds
    2,806sqft
    Residential, Single Family Residence
    Built in 1930
    2.07 Acres Lot
    $465,600 Zestimate®
    $166/sqft
    $2,633 Estimated rent

    Home value

    $465,600

    $424,000 - $512,000

    $2,633/mo

    Zestimate® history
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    What's special

    Charming farmhouse
    Begin Your Homesteading Lifestyle! Discover peaceful country living on 2 acres of open land, ready for your gardens, animals, and self-sufficient dreams. The charming farmhouse features 2 bedrooms and 1.5 baths, completely rebuilt from the studs in 2014, blending modern comfort with timeless appeal. Plumbing and electrical as well. A spacious 30x40 barn with 12-foot and 10-foot garage doors offers endless possibilities for equipment, animals, or workshop space. The oversized 3-car garage provides plenty of room for tinkering, hobbies, or storage - and includes a fully equipped 1-bedroom apartment above, perfect for multigenerational living, guest quarters, or rental income potential. Whether you're seeking a peaceful retreat or a productive homestead, this property offers the best of both worlds - privacy, functionality, and room to grow. 2014 interior taken down to studs. wiring, plumbing, electrical box

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Stephanie Cook 317-652-3136,

    eXp Realty LLC

    Bought with:

    Karen Nowacki

    Keller Williams Indy Metro S

    Source: MIBOR as distributed by MLS GRID,MLS#: 22074409MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 352 Square Feet
    • Dimensions: 16x22
    Bedroom 2
    • Level: Upper
    • Area: 256 Square Feet
    • Dimensions: 16x16
    Bedroom 3
    • Level: Upper
    • Area: 190 Square Feet
    • Dimensions: 19x10
    Dining room
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 330 Square Feet
    • Dimensions: 15x22
    Kitchen
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Laundry
    • Features: Other
    • Level: Basement
    • Area: 208 Square Feet
    • Dimensions: 16x13
    Living room
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 15x14
    Heating
    • Electric
    Cooling
    • Central Air, Other
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
    • Laundry: In Basement
    Features
    • Breakfast Bar, Kitchen Island, Ceiling Fan(s), High Speed Internet, In-Law Floorplan, Eat-in Kitchen, Walk-In Closet(s)
    • Basement: Cellar
    Interior area
    • Total structure area: 2,806
    • Total interior livable area: 2,806 sqft
    • Finished area below ground: 1

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached
    • Garage spaces: 3
    • Details: Garage Parking Other(Finished Garage, Garage Door Opener)
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Wrap Around
    Lot
    • Size: 2.07 Acres
    • Features: Not In Subdivision, Mature Trees, Wooded
    Details
    • Additional structures: Barn Pole, Storage
    • Parcel number: 411027032019000015
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl With Stone
    • Foundation: Cellar, Crawl Space
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Trafalgar
    • Subdivision: No Subdivision

    Price history

    DateEventPrice
    2/3/2026Sold$465,000-5%$166/sqft
    Source: MIBOR as distributed by MLS GRID #22074409 Report a problem
    1/6/2026Pending sale$489,500$174/sqft
    Source: MIBOR as distributed by MLS GRID #22074409 Report a problem
    11/21/2025Listed for sale$489,500$174/sqft
    Source: MIBOR as distributed by MLS GRID #22074409 Report a problem
    11/21/2025Listing removed$489,500$174/sqft
    Source: MIBOR as distributed by MLS GRID #22067523 Report a problem
    11/4/2025Price change$489,500-6.8%$174/sqft
    Source: MIBOR as distributed by MLS GRID #22067523 Report a problem
    10/14/2025Listed for sale$525,000$187/sqft
    Source: MIBOR as distributed by MLS GRID #22067523 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,397 +7.8%$290,400 +17.3%
    2024$1,296 +4.5%$247,500 +2.8%
    2023$1,241 +34.2%$240,700 +7.4%
    2022$924 +9.2%$224,200 +14.4%
    2021$846 +42.9%$195,900 +1.6%
    2020$592 -17.2%$192,800 +13.3%
    2019$715 +9.8%$170,100 +2.2%
    2018$651 -5.4%$166,500 +6.2%
    2017$688 $156,800 -2.5%
    2016$688 +6.9%$160,900 -2.1%
    2014$644 -0.1%$164,400 -0.1%
    2013$645 -37.6%$164,600 +1.2%
    2012$1,032 +28.5%$162,700 +12.6%
    2011$804 -5.1%$144,500
    2010$847 -3.9%$144,500
    2009$881 -20.7%$144,500 -7.4%
    2007$1,112 -29.3%$156,100 -6.9%
    2006$1,573 $167,700 +24.2%
    2005-- $135,000

    Find assessor info on the county website

    Neighborhood: 46181

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Indian Creek Elementary School
    • Middle: Indian Creek Middle School
    • High: Indian Creek 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.

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    Estimated market value
    $465,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $465,600