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7637 E State Road 47

Waveland, IN 47989

PendingListed Sep 2, 2026 · 46 days on market

Key facts

Beds
3
Baths
2 full
Living area
2,085 sqft
Lot
4.34 acres
Year built
1987
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22124222
County
Parke
Subdivision
Subdivision Not Available See Legal

About this home

Welcome home to 7637 E State Road 47 in Waveland, Indiana where wooded privacy, distinctive architecture and thoughtful updates come together on 4.34 acres in a setting that feels like your own private retreat! Surrounded by mature trees, with Lake Waveland directly across the highway and Turkey Run Golf Course adjacent to the property, this 3-bedroom home offers character you simply won't find in a cookie-cutter floor plan. Step inside to a dramatic two-story entry where hardwood floors, abundant natural light and warm woodwork immediately set the tone. Spacious living and dining areas feature hardwood flooring and large windows overlooking the surrounding woods, while French Doors open to an expansive multi-level back deck-perfect for relaxing or entertaining. The kitchen offers abundant cabinetry, updated countertops, newer LVT flooring, a full suite of stainless appliances and plenty of workspace. One of the home's standout features is the upper-level living space overlooking the entry below, highlighted by a gorgeous vaulted wood ceiling with exposed beams and access to an outdoor balcony. The primary suite is complemented by a beautifully updated bath featuring a freestanding soaking tub, dramatic black shower fixtures, double vanity and modern finishes with dual closets including a walk-in closet. Convenient upstairs laundry adds functionality right where you need it. Three bedrooms provide flexibility, including a first-floor bedroom with updated flooring and its own mini-split system, plus the upstairs primary bedroom with newer LVP flooring. Recent improvements also include repairs and fresh paint to the back deck and lattice. Outside, the 4.34-acre property offers a wonderful mix of mature woods and open space, multiple areas to enjoy nature, a generous deck and covered wood storage. An additional 864 SF barn provides terrific space for hobbies, a workshop, equipment, recreational toys or extra storage. Set up your showing today!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterDisposalMicrowaveElectric OvenRefrigeratorWasherWater Softener Owned
Interior features
Vaulted Ceiling(s)Entrance FoyerWalk-In Closet(s)
Kitchen
Kitchen GalleyKitchen Some UpdatesKitchen Updated
Other rooms and areas
Family Room 2nd StoryUtility Room
Flooring
Hardwood
Laundry
Upper Level
Rooms
9
Main-level bedrooms
2
Condition
Updated/Remodeled

Exterior

Exterior features
Barn Pole
Patio and porch
Deck
Construction
Vinyl SidingWood Siding
Foundation
Crawl Space
Style
Contemporary
Parking and garage
AttachedDetached
Other structures
Outbuilding

Systems

Heating
ZonedForced AirPropaneWood Stove
Cooling
Central Air
Water
WellPrivate
Utilities
Electricity ConnectedNatural Gas ConnectedSep Electric MeterSeptic System

Lot and HOA

Lot features
Near Golf CourseOn Golf CourseRural - Not SubdivisionMature TreesWooded

Schools

Elementary school
New Market 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
$1,012 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,971per month, estimated
Principal and interest $1,764Property tax $84Insurance $123
20% · $70,000
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$350,000
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