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5586 W Beechwood Lane

New Palestine, IN 46163

ActiveListed Jul 31, 2026 · 58 days on market

Key facts

Beds
3
Baths
3 full
Living area
2,209 sqft
Lot
0.55 acres
Year built
1986
Type
Residential · Single Family Residence
Stories
One and one half
Garage
2 spaces
MLS #
22117701
County
Hancock
Subdivision
Beechwood

About this home

This home will need work but will be a dream home for someone with vision and renovation dollars. Built in 1986, this home offers 2,209 square feet of space that sits on .55 acres in a small neighborhood (No hoa!). The living room provides a welcoming atmosphere, floor to ceiling clearance, centered around a beautiful brick fireplace which will be perfect for gathering and relaxation. With 3 bedrooms and 3 full bathrooms (2 bathrooms are en-suite for primary/2nd bedroom), this 1.5-story home offers unique features and endless potential. An attached garage adds convenience and practical storage solutions along with the sheds in the backyard. Roof and siding replaced 4 years ago.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalMicrowaveElectric OvenBar FridgeFree-Standing FreezerWasherElectric Water HeaterWater Softener Owned
Interior features
Built-in FeaturesCathedral Ceiling(s)Eat-in Kitchen
Kitchen
Kitchen Some Updates
Other rooms and areas
Bedroom Other on Main
Fireplaces
1
Fireplace type
Living RoomWood Burning
Laundry
Main Level
Windows
Vinyl Windows
Rooms
7
Main-level bedrooms
2

Exterior

Exterior features
Barn MiniStorage
Patio and porch
CoveredPorch
Construction
Shingle SidingVinyl Siding
Foundation
Crawl Space
Style
Traditional
Parking and garage
Attached
Fencing
Full
Other equipment
Sump Pump

Systems

Heating
Forced AirElectric
Cooling
Central Air
Water
Private

Lot and HOA

Lot features
Storm SewerMature Trees

Schools

School district
Southern Hancock Co Com Sch Corp

Taxes

Estimated annual tax
$1,676 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,412per month, estimated
Principal and interest $1,190Property tax $140Insurance $83
20% · $47,200
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$236,000
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