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8534 N Murphy Rd, Brazil, IN, 47834

3beds
3baths
4,854sqft
$1,450,000
$299price/sqft
$10,795/moest. monthly cost
$431,800/yrincome needed

About This Home

Experience refined country living in this beautifully remodeled custom estate, privately situated on approximately 17 acres just minutes from town. Originally built in 1994 and extensively renovated in 2016, this nearly 4,900-square-foot residence showcases exceptional craftsmanship with custom oak trim and cabinetry, quartz countertops, designer lighting, updated baths, new flooring, and a custom Pella front entry. Thoughtfully designed for primarily main-level living, the home offers oversized bedrooms, a spacious loft, abundant storage, and a luxurious primary suite with a tiled double shower and dual-entry walk-in closet. The chef's kitchen features custom-crafted cabinetry, a farmhouse sink, walk-in pantry, and updated appliances. Outside, an exceptional equestrian facility includes a five-stall horse barn with water to every stall, wash bay, tack room, hay loft, office with half bath, and extensive storage. Two fenced horse pastures and 11 acres of productive, attached farmland create endless opportunities for equestrian pursuits, recreation, or agricultural use. Blending timeless craftsmanship, modern updates, and expansive acreage, this one-of-a-kind estate offers the privacy, versatility, and lifestyle rarely found in today's market.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

4/10
6/10
North Clay Middle SchoolGrades 6-83.4 mi
4/10
Northview High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Microwave,Range Hood,Electric Water Heater,Water Softener Owned

Bedroom2

  • Level: Main
  • Area: 320
  • Dimensions: 20x16

Bedroom3

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

Bedrooms & Bathrooms

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

Bonus Room

  • Level: Main
  • Area: 525
  • Dimensions: 35x15

Dining Room

  • Level: Main
  • Area: 204
  • Dimensions: 17x12

Family Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 195
  • Dimensions: 15x13

Features

  • Tray Ceiling(s),Walk-In Closet(s),Breakfast Bar,Entrance Foyer
  • Number of fireplaces: 1
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 4,854
  • Total interior livable area: 4,854 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 224
  • Dimensions: 16x14

Laundry

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 91
  • Dimensions: 13x7

Living Room

  • Level: Main
  • Area: 576
  • Dimensions: 24x24

Loft

  • Level: Upper
  • Area: 819
  • Dimensions: 39x21

Master Bedroom

  • Level: Main
  • Area: 368
  • Dimensions: 23x16

Property

Details

  • Parcel number: 110405200017005007
  • Horse amenities: Barn,Boarding Facilities,Pasture,Tack Room

Features

  • Levels: One Leveland + Loft
  • Stories: 1
  • Patio & porch: Patio,Covered
  • Fencing: Fenced
  • Has view: Yes
  • View description: Pasture,Rural,Trees/Woods

Lot

  • Lot size: 16.67 Acres
  • Features: Rural - Not Subdivision,Mature Trees

Parking

  • Total spaces: 4
  • Parking features: Attached,Detached
  • 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

  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Hail
Tornado
Earthquake
Heat Wave
Inland Flooding
Ice Storm
Lightning

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 $7,331$87,972
Home Insurance *$1,462$17,544
Property Taxes $1,558$18,696
Electricity $444$5,339
Total$10,795$129,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$370,114/yr
40% on housing$323,850/yr
45% on housing$287,866/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: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$299This listing

vs Other Active Listings

Avg $/sqft

ZIP 47834$131
Clay County$122

vs Homes Sold Last Month

Median $/sqft

ZIP 47834$117
Clay County$101

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
2026-07-10Listed for sale$1,450,000

For Sale by Agent

AgentJake Stiles
BrokerageColdwell Banker Stiles

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