




8948 N 500 E, Rolling Prairie, IN, 46371
About This Home
Some homes are built to live in. Others are built to make you feel alive. This is one you'll never want to leave. Nestled in the peaceful countryside of Galena Township, this one-of-a-kind retreat is more than a home, it's an experience. Currently operating as a fully turnkey, income-producing Airbnb, this property comes completely furnished, allowing you to seamlessly continue its successful short-term rental business from day one or make it your own private sanctuary. Every corner of this artistic retreat reflects the creativity and craftsmanship of its owner, with handcrafted details thoughtfully woven throughout both the home and the grounds. Step inside to high ceilings, an updated kitchen, a beautifully renovated bath, and a warm, inviting one bedroom layout. Two charming loft sleeping areas provide additional accommodations, making this cozy retreat capable of hosting more guests than you'd expect. Outside, over 3 private acres invite you to slow down and reconnect. Wander peaceful trails beneath the trees, listen to the gentle creek winding through the property, and wake each morning to birdsong. Watch deer wander through the woods, wild turkeys cross the landscape, and frogs serenade the evening. This is the kind of place where you can truly exhale. Perfectly positioned for both relaxation and adventure, you're approximately 15 minutes from New Buffalo and the shores of Lake Michigan, about 30 minutes from Southwest Michigan's renowned wine country, and roughly an hour to an hour and a half from downtown Chicago, making it an ideal weekend escape or full-time haven. Whether you're looking for an investment that immediately generates income or a peaceful retreat to call your own, this extraordinary property offers the best of both worlds.
Getting Around
Schools
Construction
Condition
- Year built: 1938
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Microwave
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Cathedral Ceiling(s)
- Number of fireplaces: 1
- Fireplace features: Living Room,Wood Burning
- Fireplace: Yes
- Finished area above ground: 716
Heating
- Heating features: Baseboard,Propane,Forced Air
Interior Area
- Total structure area: 716
- Total interior livable area: 716 sqft
Kitchen
- Level: Main
- Area: 204
- Dimensions: 17.0 x 12.0
Living Room
- Level: Main
- Area: 264
- Dimensions: 24.0 x 11.0
Primary Bedroom
- Level: Main
- Area: 96
- Dimensions: 12.0 x 8.0
Sunroom
- Level: Main
- Area: 172.32
- Dimensions: 12.0 x 14.36
Property
Details
- Parcel number: 460323200012000048
- Special condition: None
Features
- Levels: One
- Pool features: None
- Patio & porch: Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 3.06 Acres
- Features: Back Yard,Wooded,Sprinklers In Rear,Sprinklers In Front,Private,Landscaped,Front Yard
Parking
- Parking features: Off Street,Driveway
- Has uncovered spaces: Yes
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
- Tornado
- Hail
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,511 | $18,132 |
| Home Insurance * | $250 | $3,000 |
| Property Taxes | $568 | $6,816 |
| Electricity | $184 | $2,212 |
| Total | $2,513 | $30,156 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-23 | Listed for sale | $299,000 |
| 2015-03-20 | Sold | $66,500 |
| 2015-02-26 | Pending sale | $77,000 |
| 2014-10-09 | Price change | $77,000 |
| 2014-08-31 | Price change | $74,900 |
| 2014-04-07 | Listed for sale | $84,900 |
