Listing courtesy of True Realty · Listing agent: Jonathan Hartman · Cell: 765-434-5974
4587 S 50 E Road
Kokomo, IN 46902
Original price $359,900 · Price reduced on September 8, 2026
- Waterfront
- 1.5 acres
- 2-car garage
- Fireplace
- Basement
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 2,619 sq ft
- Lot
- 1.53 ac
- Year built
- 1950
- Type
- Site-Built Home
- Listed
- July 27, 2026
- MLS #
- 202630207
About this home
Nestled in the peaceful countryside, this charming rural property with 1.53 acres is full of opportunity for the right buyer. With solid bones, a sauna, a bar, a whole lot of space and endless potential, this home is ready for your personal updates and vision to bring it to life. The property features a spacious detached outbuilding that offers incredible flexibility—perfect for a workshop, hobby space, storage, or even a future studio. Whether you're a craftsman, small business owner, or simply need extra room for projects, you'll appreciate the endless possibilities. Surrounded by the tranquility of rural living, there's plenty of space to enjoy the outdoors while creating the country retreat you've always imagined. If you're looking for a property with character, room to grow, and the chance to build equity through updates, this is one you won't want to miss.
Monthly payment estimate
$2,228/mo
- Principal & interest
- $1,915
- Property taxes
- $211
- Homeowners insurance
- $102
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- One
- Total rooms
- 9
- Total area
- 5,238 sq ft
- Finished area above grade
- 2,619 sq ft
- Unfinished area below grade
- 2,619 sq ft
- Below grade total
- 2,619 sq ft
- Bedrooms above grade
- 3
- Full baths, main level
- 2
- Basement
- Full
- Heating
- Natural Gas
- Cooling
- Central Air
- Fireplaces
- 1
- Fireplace features
- Family Room, Living/Great Rm
- Laundry
- In Basement
- Interior features
- Bar, Ceiling Fan(s)
Exterior & parking
- Construction
- Stone
- Foundation
- Stone
- Garage spaces
- 2
- Garage type
- Basement
- Garage sq ft
- 552 sq ft
- Private pool
- No
- Fencing
- Privacy
- Outbuilding 1
- 2,330 sq ft
- New construction
- No
Waterfront & lake
- Waterfront
- Yes
- Water access
- Riverfront
- Water frontage
- 238 ft
- Water feature
- Creek
Lot
- Lot features
- Irregular Lot, Waterfront
- Lot size (acres)
- 1.53 ac
- Lot dimensions
- 238 x 280
- Location type
- Rural
- County
- Howard County
- Township
- Taylor
- Road surface
- Paved
- Platted
- Yes
- Planned unit development
- No
- Directions
- GPS Friendly
Schools
- Elementary school
- Taylor
- Middle school
- Taylor
- High school
- Taylor
- School district
- Taylor Community School Corp.
HOA & community
- Community amenities
- Exercise Room, Sauna
- Other fees
- $90
- Other fees frequency
- Monthly
- Other fees description
- Sewage
Taxes & terms
- Annual taxes
- $2,535
- Tax year
- 2026
- Tax exemptions
- Homestead, Supplemental
- Listing terms
- Cash
- Possession
- 30 DAC
- Parcel number
- 34-10-30-300-003.000-024
Included in the sale
- Included in sale
- Dishwasher,Microwave,Refrigerator,Washer,Cooktop-Gas,Dryer-Electric
Utilities
- Water
- Private
- Well
- Private
- Sewer
- Public Sewer
Location
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