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7180 N 400 W

Fairland, IN 46126

ActiveListed Jul 31, 2026 · 70 days on market

Key facts

Beds
3
Baths
1 full · 1 half
Living area
1,664 sqft
Lot
0.46 acres
Year built
1973
Type
Residential · Single Family Residence
Stories
Multi/split
Garage
2 spaces
MLS #
22114308
County
Shelby
Subdivision
No Subdivision

About this home

Welcome to a home where opportunity meets space, ready for your personal touch to turn it into an absolute masterpiece. This 3 bedroom, 1.5 bathroom diamond in the rough is tailor-made for first-time buyers looking to build instant sweat equity or anyone with a vision for great living. The large family room downstairs is packed with possibilities. Need a 4th bedroom, a dedicated home office, a cozy media room, or a gym? The possibilities are endless! Step outside to your ultimate outdoor retreat with a fully fenced backyard, designed for unforgettable summers. Dive into the in-ground pool featuring its own slide, offering endless fun and relaxation right at home. DIYers and hobbyists will love the deep 2-car garage with a large workbench, plus a huge separate storage barn equipped with an overhead garage door and side door access - ideal for extra vehicles, riding mowers, or an ultimate hobby shop. Need a big yard? This home is situated on nearly half an acre! Needs some TLC and cosmetic updates, but the bones, footprint, and features are unbeatable for the price. Bring your vision and turn this bank-approved short-sale opportunity into your dream home!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterMicroHoodElectric OvenRefrigeratorWasherWater HeaterWater Softener Rented
Interior features
Kitchen Island
Kitchen
Kitchen Country
Other rooms and areas
Family Room 2nd StoryUtility Room
Fireplaces
1
Fireplace type
Free Standing
Laundry
Laundry Room
Windows
ScreensStorm Window(s)Low-Emissivity Windows
Rooms
8
Main-level bedrooms
3
Condition
Fixer

Exterior

Exterior features
Storage
Patio and porch
DeckPorch
Construction
BrickVinyl Siding
Foundation
Slab
Style
Traditional
Parking and garage
AttachedAsphaltGarage Door Opener
Pool
Diving BoardFencedLinerIn GroundPool Cover
Private pool
Yes
Fencing
FullFence Complete

Systems

Heating
BaseboardElectric
Cooling
Window Unit(s)
Water
Private
Utilities
Cable Available

Lot and HOA

Lot features
Rural - Not SubdivisionMature Trees

Schools

Elementary school
Triton Elementary School
High school
Triton Jr-Sr High School
School district
Triton School Corporation

Taxes

Estimated annual tax
$996 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,350per month, estimated
Principal and interest $1,185Property tax $83Insurance $82
20% · $47,000
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$235,000
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