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5127 N 500 W Fairland, IN $ 272,500
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$ 272,500 Get more info
5127 N 500 W
$ 272,500
Back to search
Share Save

5127 N 500 W

Fairland, IN, 46126
$ 272,500
Bedrooms4 Baths2.1 Sq 1,520

Monthly Estimate*

$ 1,678

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View a Virtual Tour

Single Family Home for sale in Fairland, IN

for $272,500 with 4 bedrooms and 2 full baths, 1 half bath. This 1,520 square foot home was built in 1964 on a lot size of 0.8.

Set on nearly one acre in Fairland, this beautifully updated bi-level home offers 4 bedrooms, 2.5 baths, and 1,520 sq ft of comfort and style, featuring hardwood flooring throughout the living room, dining room, and bedrooms. A split-system heat pump installed in 2021, a 50-gallon electric water heater added in 2025, a whole-house electronic water descaler, and a new pressure tank (2021) provide modern efficiency, while new windows (2020-2023) and a new well pump (2023) deliver peace of mind. The kitchen showcases stainless appliances updated between 2022-2025, a filtered water pot filler, and convenient access to the partially fenced backyard. Outdoor amenities include a sand filter pump and saltwater system added in 2025, plus both small and large chicken coops wired for electricity-ideal for hobby farming and country living. Additional upgrades include a new insulated garage door and opener (2024) and a roof installed in 2016. With a 2-car attached garage and a serene rural setting, this property blends modern updates with the privacy and space today's buyers seek in Indiana countryside living.

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Single Family Active

Price

$ 272,500

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 676

Style

Traditional

Lot Size

0.8

Year Built

1964

Town/City

Fairland

County/Region

Shelby

MLS | Web ID

22075862
Features
Interior
Interior Amenities Paddle Fan
Basement Egress Window(s) Exterior Entry Finished Walls
Basement (Y/N) Y
Half Baths 1
Laundry Features Connections All In Basement
Total Bedrooms 4
Below Grade Finished Area 545
Main Level Bedrooms 3
Total Baths 3
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General
Heating Electric Forced Air Heat Pump
Cooling Central Air Heat Pump
Utilities Electricity Connected Septic System
Possession Closing
Appliances Electric Cooktop Dishwasher Dryer Electric Water Heater Disposal Microwave Electric Oven Refrigerator Washer
Garage Spaces 2
Patio/Porch Features Covered Patio
Architectural Style Traditional
Pool Features Above Ground
Security Features Security Lights Security System Smoke Detector(s)
Construction Materials Aluminum Siding Brick
Year Built 1964
Electric 100 Amp Service
Township Sugar Creek
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2024
County Shelby
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 8
Full Baths 2
Status Active
Directions GPS Friendly
High School Triton Central High School
City Fairland
High School District Northwestern Con School Corp
MLS Area 7307 - Shelby - Sugar Creek
Lot Size Square Feet 34848
Elementary School Triton Central Elementary School
Property Attached Y/N N
Current Financing Conventional FHA VA
Middle/Junior High School Triton Central Middle School
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/d8f2f46a-268d-49ef-b1a8-d72d931b2f2f?wl=true&setAttribution=mls&initialViewType=pano https://www.zillow.com/view-imx/d8f2f46a-268d-49ef-b1a8-d72d931b2f2f?initialViewType=pano
Standard Status Active
Tax Lot 0
Legal Description Pt Ne Se 5 13 6 .80A
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Exterior
Exterior Amenities Barn Pole Storage Shed
Fencing Partial
Parking Features Attached
Lot Features Rural - Not Subdivision Mature Trees
Water Source Well Private
Foundation Details Slab
Spa N
Building Area Total 1520
Lot Size Acres 0.8
Waterfront Y/N N
Horse Amenities None
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* Excluded Features
List By
Exp Realty, Llc

Broker

diana@theabnergroup.com

Email

Affordability Calculator

$1,734
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,678
Monthly Property Taxes
$56
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4048049 Elementary School
4048059 Middle School
Triton Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/8/2026$272,500 -0.91% Price Down
12/5/2025$275,000 Listed Price

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5127 N 500 W, Fairland, IN, 46126 is a Single Family Home for sale at $272,500 with 1,520 sqft and a lot size of 0.8. 5127 N 500 W has 4 bedrooms, 2.1 baths, and was built in 1964. The property's zip code is 46126 which is in Fairland, IN

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