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4550 W Grassy Road

Jamestown, IN 46147

ActiveListed Oct 16, 2026 · 1 day on market

Key facts

Beds
4
Baths
2 full · 1 half
Living area
1,768 sqft
Lot
5.46 acres
Year built
1975
Type
Residential · Single Family Residence
Stories
One
MLS #
22131691
County
Boone
Subdivision
No Subdivision

About this home

Escape to 5.46 scenic acres of peaceful country living, towering shade trees, and endless possibilities in Jamestown! This sprawling rural retreat offers open green space, mature woods, and cut walking paths winding through nature. Exterior assets include a full-length covered front porch, room for a homestead garden, an open equipment shelter, and a heavy-duty concrete foundation slab primed for a future workshop, garage, or equipment storage. Inside, the single-story ranch home is a fixer-upper's dream! Whether you are looking to build a private country homestead, craft an investment property, or design a customized rural getaway, this property awaits your vision. Schedule your showing today! DISCLOSURE: Property sold strictly as-is. Select listing photos feature virtually staged and conceptual renderings to demonstrate spatial layout and design possibilities. The home is currently in distressed, unfinished condition; all staged furnishings, upgraded cabinetry, and proposed fixtures are conceptual only and not included in the sale.

Description provided by the listing brokerage.

Interior

Appliances
DryerMicrowaveWasherWater HeaterWater Softener Owned
Interior features
Attic Access
Laundry
Main Level
Windows
Screens
Rooms
8
Main-level bedrooms
4
Condition
Fixer

Exterior

Construction
Aluminum SidingVinyl SidingWood Siding
Foundation
Crawl Space
Style
Ranch

Systems

Heating
Baseboard
Cooling
Window Unit(s)
Water
Private

Lot and HOA

Lot features
Rural - Not SubdivisionMature TreesWooded

Schools

High school
Western Boone Jr-Sr High School
School district
Western Boone Co Com Sch Dist

Taxes

Estimated annual tax
$1,540 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,746per month, estimated
Principal and interest $1,512Property tax $128Insurance $105
20% · $60,000
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$300,000
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