7519 E 500 N, Falmouth, IN 46127
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
7519 E 500 N,Falmouth, IN 46127
$2,307,500
- 105.12 Acres
- Lots / Land
- Active
Listed by:timothy yazel
Office:yazel group real estate sales
MLS#:22050547
Source:IN_MIBOR
Price summary
- Price:$2,307,500
About this home
Divisible, Historic 105.12-Acre Farm with Income and Venue Potential. Discover a rare opportunity to own a working farm nestled in a quiet, serene setting bordered by a neighboring tree farm. This unique property features 96 tillable acres, 5 grain bins, two barns, and a beautifully restored 1865 Civil War-era farmhouse. It combines timeless character with modern updates and offers strong annual income through tillable acreage and grain bin rental income. The fully furnished farmhouse includes carefully selected antiques and preserved architectural details such as original refinished shutters, transom-topped doorways, trim, and restored bed headboards. The main level features hardwood floors, a cozy family room with gas fireplace, new kitchen with granite countertops, stainless steel appliances, a cabinet pantry, mudroom, and a great room combining living and dining areas with a built-in hutch for formal silver and glassware. A grand open staircase with lush carpeting leads upstairs. The home includes two fully updated bathrooms and a main-level primary suite with a sitting room and adjacent laundry. Modern upgrades include new electrical and plumbing systems, new windows, original steel fireplace surround and mantel, and an HVAC system installed in 2018. Exterior improvements feature new Hardy Plank siding, architectural shingles, a private pavered patio, and an oversized garage with workbench. The basement has a new poured concrete floor and provides excellent storage and storm shelter functionality. New well was recently installed. Outbuildings include a large pole barn and an original timber-frame barn-both suitable for use as a wedding or event venue. Whether you're seeking a peaceful country residence, productive farmland, or a unique venue space, this historic property delivers unmatched charm and potential. Tillable farm ground can be split from house, barns, & bins for a negotiated price. House, barns, and bins, can be sold separately. 45X90 Pole barn
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Home facts
- Listing Id #:22050547
- Added:30 day(s) ago
- Updated:July 24, 2025 at 10:43 PM
Structure and exterior
- Lot area:105.12 Acres
Schools
- High school:Rushville Consolidated High School
- Middle school:Benjamin Rush Middle School
Utilities
- Water:Well on Site
- Sewer:Septic Tank
Finances and disclosures
- Price:$2,307,500
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