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UNBELIEVABLE OASIS IN THE COUNTRY! This 10-ACRE HOMESTEAD is situated on a peaceful stream just north of Elwood in Frankton School District and less than eight short miles from Hamilton County. Peace and tranquility abound on this estate with large shade trees, stately pines and a quiet stream with plenty of room to enjoy life to its fullest. You will love the quaint home with a newer roof, windows and HVAC systems luxurious laminated hardwood floors throughout. Pride of ownership shown in all aspects of this home as the owners gave much attention to upkeep and properly installed amenities. See attached sheet with list of improvements. Updated kitchen has solid countertops and is open to the breakfast room and sitting area. The backyard has a beautiful, covered patio with an amazing stamped concrete pad to enjoy your completely private retreat. There are numerous buildings on the property including a playhouse, shed and barn. There is an established area for gardening and a pasture. Endless quiet places abound on this homestead. You will fall in love with this place! FEMA amended Flood Zone in 2022 to "Zone X"
Property Type(s):
Single Family
| Last Updated | 10/1/2025 | Tract | No Subdivision |
|---|---|---|---|
| Year Built | 1974 | Community | 4804 - Madison - Pipe Creek |
| Garage Spaces | 2.0 | County | Madison |
SCHOOLS
| Elementary School | Frankton Elementary School |
|---|
Price History
| Prior to Aug 21, '25 | $679,000 |
|---|---|
| Aug 21, '25 - Sep 8, '25 | $664,000 |
| Sep 8, '25 - Oct 1, '25 | $625,000 |
| Oct 1, '25 - Today | $589,000 |
Additional Details
| AIR | Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Electric Oven, Exhaust Fan, Microwave, Range Hood, Refrigerator, Water Heater, Water Purifier, Water Softener Owned |
| AREA | 4804 - Madison - Pipe Creek |
| BARN/EQUESTRIAN | Yes |
| CONSTRUCTION | Stone, Wood Siding |
| EXTERIOR | Fire Pit, Storage |
| GARAGE | Yes |
| HEAT | Forced Air, Heat Pump |
| INTERIOR | Breakfast Bar, Entrance Foyer, Smart Thermostat |
| LOT | 10.17 acre(s) |
| LOT DESCRIPTION | Waterfront, Wooded |
| PARKING | Garage Door Opener, Attached |
| STORIES | 2 |
| STYLE | Split Level, Traditional |
| SUBDIVISION | No Subdivision |
| UTILITIES | Electricity Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Creek/Stream |
| WATER | Private |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Creek |
Location
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Listed with Green Pocket Realty
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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