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13956 S 550 W, Hanna, IN, 46340

3beds
2baths
984sqft
$245,000
$249price/sqft
$1,758/moest. monthly cost
$70,320/yrincome needed

About This Home

Discover peaceful rural living in Hanna, IN with this ranch style 2-bed, 1-bath home with full basement on 5 sprawling acres. Updated bathroom, with the rest of the home ready for your own personal vision. Build a pole barn, shed, or garage you've always wanted. Start your garden, or bring your horses and chickens--there's room for it all. Enjoy quiet mornings and relaxing evenings from the side deck overlooking your beautiful countryside retreat. The possibilities here are endless!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

8/10
5/10

Construction

Condition

  • Property condition: Fixer
  • Year built: 1994

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Area: 132
  • Dimensions: 12.0 x 11.0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Entrance Foyer
  • Finished area above ground: 984

Foyer

  • Area: 288
  • Dimensions: 18.0 x 16.0

Heating

  • Heating features: Propane

Interior Area

  • Total structure area: 984
  • Total interior livable area: 984 sqft

Kitchen

  • Area: 144.5
  • Dimensions: 17.0 x 8.5

Living Room

  • Area: 207
  • Dimensions: 18.0 x 11.5

Primary Bedroom

  • Area: 168
  • Dimensions: 14.0 x 12.0

Property

Details

  • Parcel number: 461807300010000049
  • Special condition: None

Features

  • Levels: One
  • Patio & porch: Deck
  • Exterior features: None
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 5 Acres
  • Features: Private,Wooded,Rectangular Lot

Parking

  • Parking features: Off Street,Gravel

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

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Hail
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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 $1,238$14,856
Home Insurance *$144$1,728
Property Taxes $192$2,304
Electricity $184$2,212
Total$1,758$21,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,274/yr
40% on housing$52,740/yr
45% on housing$46,880/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: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$249This listing

vs Other Active Listings

Avg $/sqft

ZIP 46340$263
LaPorte County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 46340$182
LaPorte County$138

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
2026-05-08Listed for sale$245,000
2026-05-08Listing removed$250,000
2025-12-03Listed for sale$250,000

For Sale by Agent

AgentJoseph Moke
BrokerageWeichert, Realtors-Moke Agency

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