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7519 E 500 N

Falmouth, IN 46127
  • $2,307,500
  • STATUS: Pending
  • ON SITE: 159 Days
  • MLS #: 22047308
Under Contract
UPDATED: 70 min ago
$2,307,500
  • 3
    BEDS
  • 105.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,752
    SQFT
  • $838
    $/SQFT
Neighborhood:
Type:
Farm
Built:
1865
County:

School Information

School District:

Description

Historic 105.12-Acre Farm with Income and Venue Potential Discover a rare opportunity to own a 105.12-acre 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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© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-12-08T20:25:31.517. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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7519 E 500 N Falmouth, IN 46127

  • Price: $2,307,500
  • Status: Pending
  • On Site: 159 Days
  • Updated: 70 min ago
  • MLS #: 22047308
3
Beds
2
Baths
0
½ Baths
105.12
Acres
2,752
SQFT
$838
$/SQFT
1865
Built
Neighborhood:
No Subdivision
County:
Rush
Area:
7006 - Rush - Union
Middle School:
Benjamin Rush Middle School
High School:
Rushville Consolidated High School
School District:
Rush County
Property Description
Historic 105.12-Acre Farm with Income and Venue Potential Discover a rare opportunity to own a 105.12-acre 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.
Exterior Features

Architectural Style Traditional Construction Materials Cement Siding Exterior Features Barn PoleStorage Foundation Details PartialStone Garage Parking Other Finished GarageGarage Door OpenerService Door Garage Sq Ft 624 Garage YN Yes Horse Amenities None Levels One and One Half Lot Information Rural - Not SubdivisionMature Trees Parking Features AttachedConcreteGravelGarage Door OpenerStorage Porch CoveredPatio View Rural View YN Yes Waterfront YN No

Interior Features

Appliances DishwasherDryerElectric OvenRefrigeratorWasher Areas Interior Living Room Formal Basement PartialStorage Space Basement YN Yes Below Grade Finished Area 0 Building Area Total 2752 Cooling Central Air Eating Area Dining Combo/Family RoomDining Combo/Living Room Fireplace Features Family RoomGas Log Fireplaces Total 1 Fuel Propane Leased Full Baths Basement 0 Full Baths Main 1 Full Baths MU 2 Full Baths Upper 1 Half Baths Basement 0 Half Baths Main 0 Half Baths MU 0 Half Baths Upper 0 Heating Forced AirPropane Interior Features Attic AccessBath Sinks Double MainBuilt-in FeaturesPaddle FanHardwood Floors Kitchen Features Kitchen Updated Main Level Bedrooms 1 Main Level Sq Ft 1764 Primary Bedroom Description Bedroom SplitSitting Room Rooms Great Room (Main Level 27X25) Family Room (Main Level 13X16) Kitchen (Main Level 13X10) Laundry (Main Level 10X10) Primary Bedroom (Main Level 14X14) Bedroom 2 (Upper Level 12X12) Bedroom 3 (Upper Level 12X12) Mud Room (Main Level 10X9) Laundry (Main Level 9x10) Sitting Room (Main Level 13X12) Rooms MU 10 Rooms Total MU 10 Spa YN No Sq Ft MU 2752 Upper Sq Ft 988

Property Features

Accessibility Features YN No Acres >20 Acres Association YN No Current Financing Conventional Dpr YN No Electric 200+ Amp Service Laundry Laundry RoomMain Level New Construction YN No Other Equipment Smoke AlarmSump Pump Possession Negotiable Property Attached YN Yes Property Condition Updated/Remodeled Property Sub Type Farm Rooms Total 10 Semi Annual Property Tax Amt 3272 Solid Waste No Tax Exemption None Tax Year 2024 Township Union Transaction Type Sale Utilities Electricity ConnectedSeptic System Water Source WellPrivate

Listing provided courtesy of Yazel Group Real Estate Sales: . © 2025 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-12-08T20:25:31.517. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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