Key facts
- Beds
- 4
- Baths
- 2 full · 1 half
- Living area
- 6,595 sqft
- Lot
- 5.47 acres
- Year built
- 2003
- Type
- Residential · Single Family Residence
- Stories
- Two
- Garage
- 3 spaces
- MLS #
- 22102828
- County
- Shelby
- Subdivision
- 106 North
About this home
A true 2 for 1 opportunity this market simply does not produce anymore: 2 complete single family homes plus a substantial barn on 5.47 private acres in Fairland. Opportunities like this are gone in a heartbeat, and once it sells, there is no finding another. The custom built main residence delivers 6,595 square feet of living space designed to impress from the moment you walk in. A dramatic 2 story great room with soaring vaulted ceilings, rich hardwood floors, and oversized windows flooding the home with natural light sets the tone, while the flowing layout moves effortlessly between grand entertaining and comfortable everyday living. The kitchen features an island, pantry, and eat in dining, with a formal dining room steps away ready for holidays and celebrations. A dedicated home office keeps work separate from life, and upstairs, a sprawling loft flexes to fit your needs as a media room, playroom, or second living area. The primary suite is a genuine retreat, complete with a garden tub, walk in shower, double sinks, and a walk in closet. Geothermal heating and cooling keeps utility costs remarkably low for a home of this size, and the 3 car attached garage, private well, and septic complete the package. Then comes the game changer. The second residence is a fully separate and beautifully updated 3 bedroom, 2 bath home of approximately 2,000 square feet, perfect for rental income, multigenerational living, aging parents, adult children, or a private guest house. Accessible door features make it especially well suited for family members of every age and stage. Rental income from this home can help the property pay for itself from day 1. Very few properties anywhere offer a true second house, not an apartment, not a bonus room, but a complete standalone home. The 32x64 barn is a serious asset in its own right, with a 15 foot lean to on 3 sides, a 16 foot wide by 16 foot high door built to swallow RVs, boats, and full size equipment, and 18 feet of inter
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Kitchen
- Other rooms and areas
- Flooring
- Fireplaces
- 1
- Fireplace type
- Laundry
- Accessibility
- Rooms
- 8
- Condition
Exterior
- Exterior features
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
- Fencing
- Other equipment
Systems
- Heating
- Cooling
- Water
- Utilities
Lot and HOA
- Lot features
Schools
- Elementary school
- Triton Elementary School
- High school
- Triton Jr-Sr High School
- School district
- Triton School Corporation
Taxes
- Estimated annual tax
- $8,142 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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