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  • Price cut: $15K (7/1)
    $834,900

    9271 S 225 E, Flat Rock, IN 47234

    4beds
    5,670sqft
    : 
    $5,218/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1861
    18.37 Acres Lot
    $-- Zestimate®
    $147/sqft
    $-- HOA

    What's special

    Several lamp postsMultiple covered porch areasViews of the riverTwo fenced-in horse pasturesStunning curved staircaseGrand entranceCustom cabinet layout
    Back on Market No Fault of Sellers! The Mill Estate: Historic charm, riverfront, stable, 18 grand acres with several lamp posts, a walking trail along the river, and two fenced-in horse pastures. There is no property like this. Whether looking for a Wedding Venue, Bed and Breakfast, or a family home, this property is being sold FURNISHED and is second to none. Originally a mill built in 1861 and converted to an estate in the 1950s, then fully renovated in the last few years, this property, encompassing 5675 square feet, is ready for its next chapter. Previously used as a retreat, this expansive property offers a unique opportunity for sophisticated living within a historically significant structure. The grand entrance features sleek marble floors and a stunning curved staircase. The completely renovated chef's kitchen is outfitted with high-end appliances, including a double oven, custom cabinet layout, and boasts plenty of quartz counter space, ideal for all your culinary endeavors and gatherings. Both living spaces (formal and informal) are complete with fireplaces and views of the river. The study features a grand fireplace with marble accents and an entire wall of built-in bookshelves. The Primary Bedroom features an en suite bath, fireplace, custom blown glass chandelier, and overlooks the estate and the river. Three of the four bedrooms have a view of the river. The bonus room creates a large, open functional space perfect for kids or groups. The property's exterior amenities include outdoor dining areas on the balcony and on the large patio, both conveniently accessed from the living areas. Multiple covered porch areas create versatile spaces for relaxation and entertainment. A welcoming porch enhances the home's curb appeal. With so many uses and features, this property is truly one of a kind. Potential opportunity for expansion as seller owns adjacent tillable land (~38 acres).
    79 days
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    1,724
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    108
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    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Barlow 317-364-2955,

    FULL CANOPY REAL ESTATE, LLC,

    Matthew Martin

    Source: MIBOR as distributed by MLS GRID,MLS#: 22057884MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      Primary bedroom
      • Level: Upper
      • Area: 447.01 Square Feet
      • Dimensions: 17'1x26'2
      Bedroom 2
      • Level: Upper
      • Area: 255.16 Square Feet
      • Dimensions: 16'11x15'1
      Bedroom 3
      • Level: Upper
      • Area: 206.25 Square Feet
      • Dimensions: 16'6x12'6
      Bedroom 4
      • Level: Upper
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Bonus room
      • Level: Upper
      • Area: 1012.81 Square Feet
      • Dimensions: 26'3x38'7
      Breakfast room
      • Level: Main
      • Area: 107.5 Square Feet
      • Dimensions: 10x10'9
      Dining room
      • Level: Main
      • Area: 210.52 Square Feet
      • Dimensions: 11'9x17'11
      Family room
      • Level: Main
      • Area: 367.03 Square Feet
      • Dimensions: 15'1x24'4
      Kitchen
      • Level: Main
      • Area: 315.03 Square Feet
      • Dimensions: 17'11x17'7
      Laundry
      • Level: Main
      • Area: 155.69 Square Feet
      • Dimensions: 11'9x13'3
      Library
      • Level: Main
      • Area: 445.59 Square Feet
      • Dimensions: 17'1x26'1
      Living room
      • Level: Main
      • Area: 575 Square Feet
      • Dimensions: 25x23
      Heating
      • Forced Air, Propane, Wood Stove
      Cooling
      • Central Air
      Appliances
      • Included: Electric Cooktop, Dishwasher, Down Draft, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Double Oven, Refrigerator, Water Heater, Water Softener Owned
      • Laundry: Laundry Room, Main Level
      Features
      • Attic Access, Double Vanity, Built-in Features, High Ceilings, Entrance Foyer, Ceiling Fan(s), Hardwood Floors, High Speed Internet, Smart Thermostat
      • Flooring: Hardwood
      • Has basement: No
      • Attic: Access Only
      • Number of fireplaces: 4
      • Fireplace features: Bedroom, Library, Family Room, Living Room, Primary Bedroom, Wood Burning
      Interior area
      • Total structure area: 5,670
      • Total interior livable area: 5,670 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Levels: Three Or More,Two
      • Stories: 2
      • Patio & porch: Covered, Deck
      • Exterior features: Balcony, Smart Lock(s)
      • Fencing: Fenced,Fence Complete
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: River Access, River Front, Water Access, Water View, Waterfront
      Lot
      • Size: 18.37 Acres
      • Features: Rural - Not Subdivision, Mature Trees, Wooded
      Details
      • Parcel number: 731522100019000014
      • Special conditions: Flood Insurance Required
      • Horse amenities: Barn, Hay Storage, Pasture, Riding Trail, Stable(s), Tack Room, Trailer Storage

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick, Stucco
      • Foundation: Rock, Stone, Brick/Mortar
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1861

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: No Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Flat Rock

      Financial & listing details

      • Price per square foot: $147/sqft
      • Tax assessed value: $434,200
      • Annual tax amount: $6,378
      • Date on market: 5/8/2026
      • Cumulative days on market: 49 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Price change$834,900-1.8%$147/sqft
        Source: MIBOR as distributed by MLS GRID #22057884 Report a problem
        5/30/2026Pending sale$849,900$150/sqft
        Source: MIBOR as distributed by MLS GRID #22057884 Report a problem
        5/8/2026Listed for sale$849,900+54.5%$150/sqft
        Source: MIBOR as distributed by MLS GRID #22057884 Report a problem
        12/6/2019Sold$550,000-21.3%$97/sqft
        Source: MIBOR as distributed by MLS GRID #21377998 Report a problem
        8/6/2019Pending sale$699,000$123/sqft
        Source: Berkshire Hathaway Home #21377998 Report a problem
        7/11/2018Listed for sale$699,000$123/sqft
        Source: Berkshire Hathaway Home #21377998 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,300 +3.1%$434,200 +4.3%
        2024$6,110 -0.7%$416,200 +5.6%
        2023$6,154 +7.5%$394,300 +0.3%
        2022$5,726 +2.8%$393,000 +8.2%
        2021$5,570 +69.9%$363,200 +0%
        2020$3,280 -13.5%$363,100
        2019$3,790 +12%$363,100 -12.7%
        2018$3,384 -33.7%$416,000 +5.4%
        2017$5,104 $394,700 +0.5%
        2016$5,104 +0.4%$392,900 +0.3%
        2014$5,086 +3.5%$391,800 +0.1%
        2013$4,916 +2.7%$391,600 +3.9%
        2012$4,788 +72.1%$376,900 +5.2%
        2011$2,782 -8.3%$358,200 +0.2%
        2010$3,033 -5.1%$357,400 +0%
        2009$3,196 $357,300 +3.5%
        2007-- $345,100 +17.5%
        2006$4,755 $293,600
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 47234

        Getting around

        0 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Waldron Elementary School
        • High: Waldron Jr-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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