Skip to content

5559 S 1000 E

New Ross, IN 47968

PendingListed Aug 9, 2026 · 44 days on market

Key facts

Beds
3
Baths
1 full
Living area
1,511 sqft
Lot
0.42 acres
Year built
1900
Type
Residential · Single Family Residence
Stories
One and one half
Garage
1 space
MLS #
22118064
County
Montgomery
Subdivision
No Subdivision

About this home

Affordable country home that is livable, but not perfection. This peaceful setting located just outside of New Ross. Bungalow style home offering just over 1500 SF of comfortable living space, situated on almost a 1/2 acre lot. The property features 3 bedrooms, with one on the main level and 2 upstairs. There is also a bonus room on the main level that could serve a multitude of uses, anywhere from an office to a workout room. The eat-in kitchen also has washer/dryer hook ups in one corner. Ample space for a large table. A full bathroom serves the home, and has been updated in recent years. Outside, a classic covered porch extends the living space, perfect for enjoying the outdoors. Priced with condition in mind, the seller welcomes inspections, but doesn't want to do a lot of repairs. Conventional loan programs or rehab loans only. New pex water lines, furnace, a/c, and vinyl double hung windows 5 years old, drilled well & rear metal roof about 10 years old. If you are searching for budget friendly country living and the opportunity to be a homeowner, this property may be the one!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric Water Heater
Interior features
Attic AccessPaddle FanEat-in Kitchen
Flooring
Hardwood
Laundry
Connections All
Windows
Vinyl Windows
Security
Smoke Detector(s)
Rooms
7
Main-level bedrooms
1

Exterior

Patio and porch
Covered
Construction
Vinyl Siding
Foundation
Brick
Style
Traditional
Parking and garage
Detached
Other equipment
Dehumidifier

Systems

Heating
Forced AirPropaneBaseboard
Cooling
Central AirWindow Unit(s)
Water
Private

Lot and HOA

Lot features
Rural - Not SubdivisionMature Trees

Schools

Elementary school
Walnut Elementary School
Middle school
Southmont Jr High School
High school
Southmont Sr High School
School district
South Montgomery Com Sch Corp

Taxes

Estimated annual tax
$1,650 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,081per month, estimated
Principal and interest $882Property tax $138Insurance $61
20% · $35,000
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.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$175,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.