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9136 W 500 S, Jamestown, IN, 46147

3beds
1baths
1,643sqft
$730,000
$444price/sqft
$5,860/moest. monthly cost
$234,400/yrincome needed

About This Home

Located in Boone County within the Western Boone School District, this versatile 30-acre farm presents an excellent opportunity for those seeking a combination of income-producing ground, rural living, and future potential. Situated on a paved road just west of I-74, the property offers convenient access while maintaining a quiet country setting. Approximately 22.23 acres are tillable and currently in a corn and soybean rotation, providing immediate return with strong soil productivity. The farm features quality silty clay loam and silt loam soils with an NCCPI rating of 83.04 and a WAPI of 154.18, making it a solid addition to any agricultural portfolio. The remaining acreage includes a traditional farmhouse, outbuildings, and pasture ground. The 1,643 sq. ft. ranch-style home offers 3 bedrooms and 1 bathroom, with original hardwood floors, built-in cabinetry, and some updated vinyl windows. With a little vision and renovation, the home could be restored into a comfortable country residence or rental property. A detached two-car garage and livestock/hay barn add functionality for both hobby farmers and livestock owners. A fenced pasture area provides space for horses or cattle, while the property's elevation offers scenic views and potential for a future homesite with walkout basement capability. This is a well-rounded property offering income, recreational appeal, and a peaceful rural lifestyle-all in a highly sought-after location.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Fixer
  • Year built: 1880

Materials

  • Foundation: Block,Brick/Mortar
  • Construction materials: Aluminum Siding,Brick,Block,Vinyl Siding,Other

Type & Style

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

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes
  • Basement: Partial

Bedroom2

  • Level: Upper
  • Area: 240
  • Dimensions: 20x12

Bedroom3

  • Level: Main
  • Area: 170
  • Dimensions: 17x10

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 255
  • Dimensions: 17x15

Features

  • Attic Access,Hardwood Floors
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,643
  • Total interior livable area: 1,643 sqft

Kitchen

  • Level: Main
  • Area: 192.5
  • Dimensions: 17.5x11

Master Bedroom

  • Level: Main
  • Area: 238
  • Dimensions: 17x14

Office

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Utility Room

  • Level: Main
  • Area: 175
  • Dimensions: 17.5x10

Property

Details

  • Parcel number: 060528000001000008
  • Horse amenities: None

Features

  • Levels: One and One Half
  • Stories: 1
  • Exterior features: Other
  • Fencing: Fenced,Partial

Lot

  • Lot size: 30.73 Acres
  • Features: See Remarks

Parking

  • Total spaces: 2
  • Parking features: Detached,Other
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Drought
Hail

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 $3,691$44,292
Home Insurance *$525$6,300
Property Taxes $1,460$17,520
Electricity $184$2,212
Total$5,860$70,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$200,914/yr
40% on housing$175,800/yr
45% on housing$156,266/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.9%
3.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$444This listing

vs Other Active Listings

Avg $/sqft

ZIP 46147$161
Boone County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 46147$128
Boone County$180

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)

No zestimate history available

Price History

DateEventPrice
2026-04-08Listed for sale$750,000
2026-03-01Listing removed$780,000
2026-01-15Price change$780,000
2025-10-06Listed for sale$795,000

For Sale by Agent

AgentAndrew Malott
BrokerageWhitetail Properties

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