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Charming, Income-Producing Farm with Guesthouse & Ample Space - Perfect for a Family Homestead, Retreat Center, or Investment This beautiful 5-bedroom farmhouse is a blend of modern amenities woven into historic charm, offering abundant income potential and versatile living options. Set on 3.5 picturesque acres, the property showcases original hardwood floors and beautiful wood trim, adding warmth and character throughout. Enjoy the benefit of low-cost energy bills, making this property not only charming but also efficient. Ideal for a homestead or hobby farm, the property features a spacious barn, fenced pastures, and open land ready for gardening, livestock, or other agricultural pursuits. Whether you envision fresh eggs, homegrown produce, or simply space to roam, this property is primed for a self-sustaining lifestyle. A finished 2-bedroom, 1-bath guesthouse provides numerous possibilities. Currently a popular short-term rental, it can continue to generate income or easily serve as an in-law suite, offering a comfortable and private space for family members. Additionally, a camper spot on-site adds another income stream, appealing to travelers and outdoor enthusiasts alike. The layout and amenities also make this property an excellent candidate for a retreat center. With peaceful surroundings, ample guest accommodations, and room to expand, it's a welcoming escape from the everyday. Furnishings are negotiable, providing added flexibility and convenience to suit your needs. With options for income, a homesteading lifestyle, or a retreat center, this property is a rare opportunity to build your dream while creating a sustainable income. Embrace the tranquility, versatility, and potential of this unique property!
Property Type(s):
Single Family
Last Updated | 4/29/2025 | Tract | No Subdivision |
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Year Built | 1930 | Community | 2916 - Hamilton - Adams |
Garage Spaces | 2.0 | County | Hamilton |
Price History
Prior to Nov 12, '24 | $950,000 |
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Nov 12, '24 - Nov 22, '24 | $875,000 |
Nov 22, '24 - Dec 2, '24 | $850,000 |
Dec 2, '24 - Jan 9, '25 | $799,500 |
Jan 9, '25 - Mar 15, '25 | $765,000 |
Mar 15, '25 - Apr 5, '25 | $760,000 |
Apr 5, '25 - Today | $735,000 |
Additional Details
AIR | Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer, Water Softener Owned |
AREA | 2916 - Hamilton - Adams |
BARN/EQUESTRIAN | Yes |
BASEMENT | Sump Pump, Unfinished, Yes |
CONSTRUCTION | Vinyl Siding |
GARAGE | Yes |
HEAT | Electric, Heat Pump, Solar |
INTERIOR | Eat-in Kitchen |
LOT | 3.5 acre(s) |
PARKING | Detached |
SEWER | Septic Tank |
STORIES | 2 |
STYLE | Farmhouse |
SUBDIVISION | No Subdivision |
UTILITIES | Electricity Connected |
WATER | Well |
Location
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© 2025 Metropolitan Indianapolis Board of REALTORS®
© 2025 Metropolitan Indianapolis Board of REALTORS®
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