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9136 W 500 South

Jamestown, IN 46147

ActiveListed Apr 8, 2026 · 177 days on market

Key facts

Beds
3
Baths
1 full
Living area
1,643 sqft
Lot
30.73 acres
Year built
1880
Type
Residential · Single Family Residence
Stories
One and one half
Garage
2 spaces
MLS #
22093945
County
Boone
Subdivision
106 North

About this home

Located in Boone County within the Western Boone School District, this versatile 30-acre farm presents an excellent opportunity for those seeking a combination of income-producing ground, rural living, and future potential. Situated on a paved road just west of I-74, the property offers convenient access while maintaining a quiet country setting. Approximately 22.23 acres are tillable and currently in a corn and soybean rotation, providing immediate return with strong soil productivity. The farm features quality silty clay loam and silt loam soils with an NCCPI rating of 83.04 and a WAPI of 154.18, making it a solid addition to any agricultural portfolio. The remaining acreage includes a traditional farmhouse, outbuildings, and pasture ground. The 1,643 sq. ft. ranch-style home offers 3 bedrooms and 1 bathroom, with original hardwood floors, built-in cabinetry, and some updated vinyl windows. With a little vision and renovation, the home could be restored into a comfortable country residence or rental property. A detached two-car garage and livestock/hay barn add functionality for both hobby farmers and livestock owners. A fenced pasture area provides space for horses or cattle, while the property's elevation offers scenic views and potential for a future homesite with walkout basement capability. This is a well-rounded property offering income, recreational appeal, and a peaceful rural lifestyle-all in a highly sought-after location.

Description provided by the listing brokerage.

Interior

Interior features
Attic Access
Flooring
Hardwood
Basement
Partial
Fireplaces
1
Fireplace type
Family Room
Rooms
10
Main-level bedrooms
2
Condition
Fixer

Exterior

Construction
Aluminum SidingBrickBlockVinyl Siding
Foundation
BlockBrick/Mortar
Style
Split Level
Parking and garage
Detached
Fencing
Partial

Systems

Heating
Forced AirPropane
Cooling
Central Air
Water
Private

Lot and HOA

Lot features
See Remarks

Schools

Elementary school
Granville Wells Elementary School
High school
Western Boone Jr-Sr High School
School district
Western Boone Co Com Sch Dist

Taxes

Estimated annual tax
$3,244 / yearTwice the semi-annual installment the listing reports.
Tax year
2026

Estimate your monthly payment

$4,044per month, estimated
Principal and interest $3,529Property tax $270Insurance $245
20% · $140,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$700,000
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