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About This Home

This 5-bedroom, 4-bathroom single family at 7487 W 500 N in McCordsville, IN is listed for $600,000 ($189 per sqft). Built in 1973, the home offers 3,178 sqft of living space on a 7.03 acres lot.

Agent Description

The unicorn property you've been waiting for has finally arrived! Nestled on over 7 acres in growing McCordsville and located within the highly regarded Mt. Vernon School district, this rare opportunity offers the perfect blend of residential comfort and agricultural flexibility.

Boasting over 3,000 square feet, 5 bedrooms, and 4 bathrooms, this home provides room to spread out while offering a true In-law suite (or rental space) complete with its own entrance, bedroom, bathroom, kitchen and sunroom, making it ideal for multi generational living, guests, or private quarters.

Inside, you'll find spacious living areas centered around a cozy fireplace and endless potential to make the home your own. The primary suite even offers the opportunity to create a stunning Juliet balcony overlooking the acreage and pond with a little vision and renovation.

Outside is where this property truly shines. The homesite is fully fenced, while the horse paddock features secure fencing ready for your equestrian companions. Cast a line in the large fishing pond, enjoy wide open green space, or take advantage of the impressive 1,900 sq.

ft. two stall barn, perfect for horses, hobby farming, storage, equipment, or workshop space. While some cosmetic updates and TLC could restore the pond area to its full glory, the hard to find combination of acreage, outbuildings, recreational features, and multi generational living opportunities make this property truly special.

Enjoy the peace and privacy of country living while remaining just minutes from McCordsville's shopping, dining, and everyday conveniences. Properties offering this much land, functionality, and potential rarely become available. Whether you're dreaming of a hobby farm, equestrian estate, family compound, or private retreat, this one checks all the boxes. Don't miss your chance to own one of the area's most unique properties. Please see list of updates and features for more info!

Key Features

  • Built in 1973
  • 7.03 acre lot
  • Fireplace
  • Waterfront

Property Details

3 full, 1 half
1973

Amenities

FireplaceWaterfrontView

Monthly Cost Estimate

$3,209/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

7487 W 500 N

McCordsville, IN 46055

Buck Creek

Features & Amenities

Interior Features

Attic AccessBreakfast BarEntrance FoyerIn-law ArrangementEat-in KitchenWalk-in Closet(s)

Exterior Features

FencingStorage

Property Details

Construction

Brick

Views

Water

Parking

Garage

Heating

Electric (Heating)Fireplace(s)Forced Air

Cooling

Central Air

Appliances

DishwasherDryerGarbage DisposerMicrowaveRefrigeratorWasher

Questions & Answers

This 5-bedroom, 4-bathroom single family at 7487 W 500 N is listed at $600,000 ($189/sqft). The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.

Key features include: Built in 1973, 7.03 acre lot, Fireplace, Waterfront. Interior Features: Attic Access, Breakfast Bar, Entrance Foyer. Exterior Features: Fencing, Storage.

This property is listed by Summer Hudson and can be reached at 3176226575 or FindALotToLove@gmail.com.

SH

Summer Hudson

Agent at eXp Realty, LLC

(317) 622-6575

Listed by eXp Realty, LLC · View on Broker Site

MLS# 22106249· Source: listhub· Updated 2 days ago

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7487 W 500 N, McCordsville, IN 46055

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