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If you've been searching for a country home with acreage in Indiana, homestead potential, workshop space, and the freedom to enjoy quieter living, this Russellville property deserves a look. Situated on 3 acres just outside of town with quick access to SR 236 and US Hwy 231, this one-level stone ranch offers privacy and functionality. Located within the North Putnam School district, the home sits well back off the road and is surrounded by open fields creating a peaceful setting with space for kids, pets, gardening, outdoor recreation, hobby farming, or simply enjoying the slower pace of country living. Inside, the home has been thoughtfully reworked to create a more open and functional layout for everyday living. Natural light fills the spacious living room while the double-sided masonry fireplace creates a warm focal point between living spaces. The home offers 4 bedrooms and 3 bathrooms, including one fully renovated bathroom and two additional bathrooms ready for your finishing touches allowing the next owner to continue customizing the home while building additional equity over time. The eat-in kitchen features brand-new kitchen cabinetry installed in 2025 along with newer appliances that remain with the home. A partially completed butler's pantry/laundry area has already been framed and drywalled, leaving space for additional cabinetry, prep space, pantry storage, coffee bar potential, or a custom mudroom setup. Additional attic space provides even more storage flexibility.Major mechanical and utility updates already completed provide peace of mind, including a new HVAC system installed in 2020, boiler heat plus traditional HVAC, new water heater, new water softener, updated 200-amp electrical breaker box, metal roof, septic pumped in 2025, owned propane tank, and a brand-new front entry door. Fiber internet is also available!
Property Type(s):
Single Family
| Last Updated | 6/16/2026 | Tract | No Subdivision |
|---|---|---|---|
| Year Built | 1962 | Community | 6704 - Putnam - Russell |
| Garage Spaces | 2.0 | County | Putnam |
SCHOOLS
| Elementary School | Roachdale Elementary School |
|---|---|
| Jr. High School | North Putnam Middle School |
| High School | North Putnam Sr High School |
Price History
| Prior to Apr 15, '26 | $399,900 |
|---|---|
| Apr 15, '26 - May 13, '26 | $374,000 |
| May 13, '26 - Jun 16, '26 | $370,000 |
| Jun 16, '26 - Today | $350,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Oven, Gas Water Heater, Refrigerator, Water Heater, Water Softener Owned |
| AREA | 6704 - Putnam - Russell |
| CONSTRUCTION | Stone |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Propane, Wood Stove |
| INTERIOR | Eat-in Kitchen |
| LOT | 3 acre(s) |
| PARKING | Attached, Gravel, Garage Door Opener |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | No Subdivision |
| UTILITIES | Electricity Connected, Propane |
| WATER | Well, Private |
Location
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Listed with The Stewart Home Group
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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