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Active
  • Price cut: $24K (8/21)
    $275,000

    8948 N 500 E, Rolling Prairie, IN 46371

    1beds
    716sqft
    : 
    $1,793/mo
    Get pre-qualified
    Single Family Residence
    Built in 1938
    3.06 Acres Lot
    $268,200 Zestimate®
    $384/sqft
    $-- HOA

    What's special

    Frogs serenade the eveningHigh ceilingsUpdated kitchenBeautifully renovated bath
    Some homes are built to live in. Others are built to make you feel alive. This is one you'll never want to leave. Nestled in the peaceful countryside of Galena Township, this one-of-a-kind retreat is more than a home, it's an experience. Currently operating as a fully turnkey, income-producing Airbnb, this property comes completely furnished, allowing you to seamlessly continue its successful short-term rental business from day one or make it your own private sanctuary. Every corner of this artistic retreat reflects the creativity and craftsmanship of its owner, with handcrafted details thoughtfully woven throughout both the home and the grounds. Step inside to high ceilings, an updated kitchen, a beautifully renovated bath, and a warm, inviting one bedroom layout. Two charming loft sleeping areas provide additional accommodations, making this cozy retreat capable of hosting more guests than you'd expect. Outside, over 3 private acres invite you to slow down and reconnect. Wander peaceful trails beneath the trees, listen to the gentle creek winding through the property, and wake each morning to birdsong. Watch deer wander through the woods, wild turkeys cross the landscape, and frogs serenade the evening. This is the kind of place where you can truly exhale. Perfectly positioned for both relaxation and adventure, you're approximately 15 minutes from New Buffalo and the shores of Lake Michigan, about 30 minutes from Southwest Michigan's renowned wine country, and roughly an hour to an hour and a half from downtown Chicago, making it an ideal weekend escape or full-time haven. Whether you're looking for an investment that immediately generates income or a peaceful retreat to call your own, this extraordinary property offers the best of both worlds.
    39 days
    796
    63

    Zillow last checked:

    Listing updated:

    Listed by:

    Stacey Matthys,

    Brokerworks Group 219-786-7000,

    Kristy Ruminski,

    Brokerworks Group

    Source: NIRA as distributed by MLS GRID,MLS#: 842748MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Kitchen, Primary Bedroom, Living Room
      Primary bedroom
      • Level: Main
      • Area: 96
      • Dimensions: 12.0 x 8.0
      Kitchen
      • Level: Main
      • Area: 204
      • Dimensions: 17.0 x 12.0
      Living room
      • Level: Main
      • Area: 264
      • Dimensions: 24.0 x 11.0
      Sunroom
      • Level: Main
      • Area: 172.32
      • Dimensions: 12.0 x 14.36
      Heating
      • Baseboard, Propane, Forced Air
      Appliances
      • Included: Dishwasher, Refrigerator, Microwave
      Features
      • Cathedral Ceiling(s)
      • Basement: Unfinished
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 716
      • Total interior livable area: 716 sqft
      • Finished area above ground: 716

      Property

      Parking
      • Parking features: Off Street, Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Patio & porch: Deck
      • Pool features: None
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 3.06 Acres
      • Features: Back Yard, Wooded, Sprinklers In Rear, Sprinklers In Front, Private, Landscaped, Front Yard
      Details
      • Parcel number: 460323200012000048
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1938

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Rolling Prairie

      Financial & listing details

      • Price per square foot: $384/sqft
      • Tax assessed value: $113,900
      • Annual tax amount: $2,229
      • Date on market: 7/23/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $268,200

        $255,000 - $282,000

        $1,172/mo

        Price history

        DateEventPrice
        8/21/2026Price change$275,000-8%$384/sqft
        Source: NIRA as distributed by MLS GRID #842748 Report a problem
        7/23/2026Listed for sale$299,000+349.6%$418/sqft
        Source: NIRA as distributed by MLS GRID #842748 Report a problem
        3/20/2015Sold$66,500-13.6%$93/sqft
        Source: NIRA as distributed by MLS GRID #359171 Report a problem
        2/26/2015Pending sale$77,000$108/sqft
        Source: CENTURY 21 Middleton Co., Inc. #359171 Report a problem
        10/9/2014Price change$77,000+2.8%$108/sqft
        Source: Century 21 Middleton Co. #359171 Report a problem
        8/31/2014Price change$74,900-11.8%$105/sqft
        Source: Coldwell Banker Residential Brokerage - New Buffalo #346252 Report a problem
        4/7/2014Listed for sale$84,900$119/sqft
        Source: Coldwell Banker Residential Brokerage - New Buffalo #346252 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,229 +1.1%$113,900 -1%
        2024$2,205 -2%$115,100 +6.1%
        2023$2,251 -1.2%$108,500 -1.5%
        2022$2,279 -0.8%$110,100 +4.3%
        2021$2,297 +16.7%$105,600
        2020$1,968 -29.7%$105,600 +15.9%
        2019$2,802 +2.9%$91,100 +2.2%
        2018$2,724 +45.4%$89,100 +10.7%
        2017$1,874 +728.7%$80,500 -2.1%
        2016$226 +3.2%$82,200 +1%
        2014$219 -14.8%$81,400 -2.4%
        2013$257 $83,400 -1.7%
        2010-- $84,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 46371

        Getting around

        0 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating