2531 W State Road 32
Covington, IN, 47932 $ 275,500
Bedrooms2 Baths2.0 Sq 2,520 Monthly Estimate*
$ 1,696
for $275,500 with 2 bedrooms and 2 full baths. This 2,520 square foot home was built in 1980 on a lot size of 1.22.
Tucked away just 5 miles south of Covington, this beautifully updated country property offers the perfect blend of privacy and convenience-set on 1.22 acres with a quick drive back to town. Right from the start, you'll love the versatility this home offers. In addition to the 2 main-level bedrooms, the finished walkout basement includes 2 additional flex rooms with closets currently being used as bedrooms, providing extra space for guests, hobbies, or a home office setup. This well-maintained one-story home with a finished walkout basement features an open-concept layout with luxury vinyl plank flooring, recessed lighting, and fresh paint throughout the main level. The inviting family room showcases a new fireplace, creating a warm and comfortable gathering space. The eat-in kitchen offers stainless steel appliances, a stylish tile backsplash, and plenty of room for everyday dining. The spacious primary bedroom includes his-and-her walk-in closets and a private door leading out to the wrap-around deck-perfect for morning coffee or evening relaxation. A second bedroom on the main level provides great closet space, and the updated full bath features new tile and a tub/shower combination. Downstairs, the finished walkout basement expands your living space with a large rec room, full bath, laundry area, and the two flex rooms mentioned above. Step outside to enjoy everything this property has to offer-a freshly stained wrap-around deck, new exterior accent lighting, and a spacious yard enhanced with new landscaping, mature trees, and fruit trees. You'll also find a new fire pit, fenced area for pets, and a large yard shed, making this outdoor space just as functional as it is beautiful. While the home does not currently have a garage, the 1.22 acre lot provides excellent potential for a future garage or outbuilding. If you're looking for peaceful country living with room to spread out-yet still close to town-this one checks all the boxes.
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FeaturesInteriorInterior Amenities Attic Access Breakfast Bar Paddle Fan Hi-Speed Internet Availbl Eat-in Kitchen Pantry Walk-In Closet(s)
Basement Exterior Entry Finished Walk-Out Access
Total Fireplaces 1
Fireplace Features Family Room Wood Burning
Basement (Y/N) Y
Half Baths 0
Laundry Features In Basement
Total Bedrooms 2
Below Grade Finished Area 960
Main Level Bedrooms 2
Total Baths 2
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GeneralHeating Forced Air Natural Gas Propane
Cooling Central Air
Utilities Electricity Connected Septic System
Possession Closing
Appliances Dryer Electric Water Heater Microwave Gas Oven Range Hood Refrigerator Washer Water Softener Owned
Patio/Porch Features Deck
Architectural Style Traditional
Construction Materials Other
Year Built 1980
Electric 200+ Amp Service
Township Wabash
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Additional Parcels Description 23-12-31-110-001.000-019
County Fountain
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N N
Total Rooms 7
Full Baths 2
Status Pending
Directions From I-74 Covington Exit travel south on Stringtown Road approximately 5 miles. Property will be on your left.
City Covington
High School District Covington Community School Corp
MLS Area 2308 - Fountain - Wabash
Lot Size Square Feet 9583
Property Attached Y/N N
Property Condition Updated/Remodeled
Additional Parcels Y/N Y
Standard Status Pending
Tax Lot 231231107001000019
Legal Description 019-00342-03 PT PT NW NW 31-19-8 .22A; 019-00459-00 PT NW NW 31-19-8 1A
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ExteriorExterior Amenities Storage Shed
Fencing Partial
Parking Features Gravel
Lot Features Mature Trees Trees-Small (Under 20 Ft)
Water Source Well Private
Foundation Details Block
Building Area Total 2520
Lot Size Acres 1.22
Horse Amenities None
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* Excluded FeaturesList ByMidwest Homes And LandBroker
ginastalcup@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,696
- Monthly Property Taxes
- $97
- 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.
Learn more about how to save NearbySingle family listings in Covington, IN
Average List Price $290,821
Percent of Sale Price 6%
About Covington, IN 2,550 Population
-3% Since 2002
$ 52,267 Median Income
42.98 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
4046436 Elementary School
4046605 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/17/2026 | $275,500 | | Listed Price |