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348 W Middle Street

Rosedale, IN 47874

ActiveListed Aug 2, 2026 · 75 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,350 sqft
Lot
8.19 acres
Year built
2005
Type
Residential · Single Family Residence
Stories
One
MLS #
22117834
County
Parke
Subdivision
No Subdivision

About this home

Mini-farm opportunity on approximately 8 acres of rolling pasture and grassland with beautiful country views! Enjoy the best of both worlds-small-town living with the privacy and seclusion of your own acreage. The home was built around 2005 and features a unique design that is partially built into the side of a hill, which may provide excellent energy efficiency. The property is connected to city water, and electric service has already been run to the home. Approximately two years ago, the home suffered a fire. It has since been gutted to the studs and a new roof has been installed, leaving it ready for the next owner to redesign the floor plan, expand the home, or finish it to their own taste. If you're looking for a property that just needs a little paint and carpet, this is not it. Expect a substantial renovation, likely $100,000 or more, depending on your finishes and plans. The home is essentially a shell and will require new electrical, plumbing, HVAC, insulation, drywall, siding, windows, kitchen, bathrooms, flooring, and other finish work. However, the structural framework appears to be sound, offering an excellent foundation for your vision. Whether you're looking for a custom home project, a mini-farm, or a secluded country retreat with incredible hilltop sunsets, this property offers a rare opportunity to build equity and create something truly special. Broker owned. Possible seller financing available with as little as 10% down for qualified buyers. Directions, take main street north of town 1 block to Middle, then take Middle west until it dead ends into a shared gravel driveway. Follow the gravel drive straight up the hill to the house on top of the hill. Do not take the driveway to the right.

Description provided by the listing brokerage.

Interior

Interior features
Attic Access
Rooms
5
Main-level bedrooms
3

Exterior

Construction
Vinyl Siding
Foundation
Block
Style
Ranch

Systems

Water
Public

Schools

High school
Riverton Parke Jr-Sr High School
School district
Southwest Parke Com Sch Corp

Taxes

Estimated annual tax
$592 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,074per month, estimated
Principal and interest $958Property tax $49Insurance $67
20% · $38,000
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$190,000
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