7519 E 500 N, Falmouth, IN 46127

$575,000
3
BD
2
BA
2,752
SqFt

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Sold Price
$575,000
List Price
$575,000
Closing Date
Jan 20, 2026
MLS#
22047308
Property Type
Residential
Bedrooms
3
Bathrooms
2
Sqft. of Residence
2,752
Year Built
1865
Days on Market
203
Status
SOLD

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.

Additional Information

Basement
Partial, Storage Space
Foundation
Partial, Stone
Number of Fireplaces
1
Fireplace Description
Family Room, Gas Log
Stories
One and One Half
Architecture
Traditional
Equipment
Smoke Alarm, Sump Pump
Interior
Attic Access, Bath Sinks Double Main, Built-in Features, Paddle Fan, Hardwood Floors
Exterior Amenities
Barn Pole, Storage
Acres
105.12
Heat
Forced Air, Propane
Fuel
Propane Leased
Cooling
Central Air
Financing
Conventional
Appliances
Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
Semi-Annual Taxes
$3,272
Garage
Yes
Garage Parking
Finished Garage, Garage Door Opener, Service Door
Region
Union
Areas
Living Room Formal
Eating Areas
Dining Combo/Family Room, Dining Combo/Living Room

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Calculator source: Real Geeks

Listing courtesy of Yazel Group Real Estate Sales. Selling Office: Yazel Group Real Estate Sales.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative