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4007 State Road 46 E, Nashville, IN, 47448

4beds
3baths
2,024sqft
$325,000
$161price/sqft
$2,078/moest. monthly cost
$83,120/yrincome needed

About This Home

Discover this exceptional property, formerly the residence of the esteemed local artist, John Elmore. This estate sale presents a rare and advantageous opportunity to acquire this home "as-is." Boasting a thoughtfully designed layout, the property features a comfortable living space with 4 bedrooms, 2 full bathrooms, and 1 half bathroom, complemented by a spacious living room that includes a functional gas fireplace, creating the perfect ambiance for cozy evenings. Whether you relish the charm of indoor gatherings or the vibrancy of outdoor entertaining, this versatile residence effortlessly caters to both preferences, offering unparalleled flexibility. The property's unique character extends beyond the main house, featuring a detached building that houses a total of 5 garages (approximately 50'X20') and one expansive approximately+ 14'X40" RV garage (complete with electric hookup), all surrounding a studio area, which provides an abundance of space suitable for artistic endeavors, relaxation, or hosting memorable events. Step into the backyard, where an inviting entertaining area awaits, complete with an approximately 15'X15' gazebo, featuring a built-in bar and a captivating large open fire pit with a central chimney. Furthermore, the previous owner thoughtfully incorporated an on-site showroom, meticulously designed to showcase his remarkable artwork, adding another layer of character to this extraordinary property.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

6/10
6/10
Brown County Junior HighGrades 6-83.9 mi
5/10
Brown County High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 1968

Materials

  • Foundation: Block
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: A-Frame
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Dryer,Refrigerator,Washer

Bedroom2

  • Level: Upper
  • Area: 120
  • Dimensions: 10X12

Bedroom3

  • Level: Upper
  • Area: 180
  • Dimensions: 12X15

Bedroom4

  • Level: Upper
  • Area: 96
  • Dimensions: 8X12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Breakfast Bar,Ceiling Fan(s),High Speed Internet,Eat-in Kitchen
  • Number of fireplaces: 1
  • Fireplace features: Insert,Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,024
  • Total interior livable area: 2,024 sqft

Kitchen

  • Level: Main
  • Area: 120
  • Dimensions: 12X10

Laundry

  • Level: Main
  • Area: 32
  • Dimensions: 4X8

Living Room

  • Level: Main
  • Area: 300
  • Dimensions: 20X15

Master Bedroom

  • Level: Main
  • Area: 180
  • Dimensions: 12X15

Property

Accessibility

  • Accessibility features: Accessible Entrance,Handicap Accessible Interior

Details

  • Parcel number: 070726100149000004
  • Special condition: As Is,Flood Insurance Required
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Balcony,Fire Pit,RV Hookup

Lot

  • Lot size: 1.90 Acres

Parking

  • Total spaces: 4
  • Parking features: Detached,Gravel,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind
Inland Flooding
Tornado
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$173$2,076
Property Taxes $77$924
Electricity $185$2,226
Total$2,078$24,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,245/yr
40% on housing$62,340/yr
45% on housing$55,413/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$161This listing

vs Other Active Listings

Avg $/sqft

ZIP 47448$204
Brown County$234

vs Homes Sold Last Month

Median $/sqft

ZIP 47448$188
Brown County$201

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Price change$350,000
2026-03-20Price change$375,000
2026-01-07Price change$385,000
2025-11-04Listed for sale$425,000

For Sale by Agent

AgentThomas Prendergast
BrokerageCarpenter Hills O'Brown

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