Listing courtesy of Whitetail Properties Real Estate · Listing agent: Andrew Malott · Cell: 574-225-2699

Virtual tour
ActiveSite-Built Home

9136 W 500 S

$700,000

$426.05 / sq ft

Est. $4,306/mo

Jamestown, IN 46147

Original price $750,000 · Price reduced on October 6, 2026

  • 30.7 acres
  • 2-car garage
  • Fireplace
  • Basement
Bedrooms
3
Bathrooms
1
Living area
1,643 sq ft
Lot
30.73 ac
Year built
1880
Type
Site-Built Home
Listed
April 8, 2026
MLS #
202611875

About this home

Located in Boone County within the Western Boone School District, this versatile 30-acre farm presents an excellent opportunity for those seeking a combination of income-producing ground, rural living, and future potential. Situated on a paved road just west of I-74, the property offers convenient access while maintaining a quiet country setting. Approximately 22.23 acres are tillable and currently in a corn and soybean rotation, providing immediate return with strong soil productivity. The farm features quality silty clay loam and silt loam soils with an NCCPI rating of 83.04 and a WAPI of 154.18, making it a solid addition to any agricultural portfolio. The remaining acreage includes a traditional farmhouse, outbuildings, and pasture ground. The 1,643 sq. ft. ranch-style home offers 3 bedrooms and 1 bathroom, with original hardwood floors, built-in cabinetry, and some updated vinyl windows. With a little vision and renovation, the home could be restored into a comfortable country residence or rental property. A detached two-car garage and livestock/hay barn add functionality for both hobby farmers and livestock owners. A fenced pasture area provides space for horses or cattle, while the property's elevation offers scenic views and potential for a future homesite with walkout basement capability. This is a well-rounded property offering income, recreational appeal, and a peaceful rural lifestyle—all in a highly sought-after location.

Monthly payment estimate

$4,306/mo

Principal & interest
$3,832
Property taxes
$270
Homeowners insurance
$204
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 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.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One and One Half
Total rooms
9
Total area
1,852 sq ft
Finished area above grade
1,643 sq ft
Unfinished area below grade
209 sq ft
Below grade total
209 sq ft
Bedrooms above grade
3
Full baths, main level
1
Basement
Partial, Unfinished
Flooring
Hardwood, Carpet, Tile, Vinyl
Heating
Propane, Forced Air
Cooling
Central Air
Fireplaces
1
Fireplace features
Living/Great Rm
Laundry
Main Level

Exterior & parking

Construction
Aluminum Siding, Shingle Siding, Vinyl Siding
Roof
Shingle
Foundation
Block, Brick/Mortar
Garage spaces
2
Attached garage
No
Garage type
Detached
Garage sq ft
900 sq ft
Private pool
No
Fencing
Barbed Wire, Wire
Other structures
Barn(s)
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level, Rolling Lot, 15+, Pasture
Lot size (acres)
30.73 ac
Lot dimensions
2051 x 635
Location type
Rural
County
Boone County
Township
Jackson
Platted
Yes
Planned unit development
No
Directions
From Jamestown, travel north on State Road 75. Turn left onto West County Road 500 S and the property will be located on the north side of the road.

Schools

Elementary school
Granville Wells
Middle school
Western Boone Jr/Sr
High school
Western Boone
School district
Western Boone County Community S.D.

Taxes & terms

Annual taxes
$3,243
Tax year
2025
Possession
Negotiable
Parcel number
06-05-28-000-001.000-008

Utilities

Water
Well
Well
Private
Sewer
Septic Tank

Rooms

RoomLevelDimensions
Bedroom 1Main17 × 10 ft
Bedroom 2Main14 × 10 ft
Bedroom 3Upper21 × 10 ft
LaundryMain—

Location

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$700,000

3 beds · 1 bath