




3050 E County Road 550 N, North Vernon, IN, 47265
About This Home
This 40 acre recreational and hunting land tract near Butlerville offers a large home, mature woods, creek frontage, and an opportunity to expand ownership with an additional 80 acres currently available for purchase. Located at the end of a dead-end road, the property provides a private setting while remaining within a short drive of North Vernon, State Road 50, and several local communities. The residence includes approximately 4,929 square feet of living space with four bedrooms and three full bathrooms. The layout includes a living room, kitchen, dining area, and a main-level primary suite with a walk-in closet. A spacious walkout basement adds usable living, storage, or recreation space and includes walkout doors and basement windows. Exterior features include a large deck, covered patio, and block garage. The 40 acres are predominantly wooded and have not been timbered. A timber appraisal completed in January 2026 identified more than $79,000 in estimated timber value. The woods provide cover, travel corridors, and habitat for deer, turkey, songbirds, and other wildlife. Long Branch Creek runs along the eastern portion of the tract, with more than 1,000 feet of creek frontage. The combination of wooded acreage, water, and a home creates options for hunting, hiking, wildlife observation, camping, and full-time or weekend use. An additional 80 acres are available for sale, allowing a buyer to potentially assemble approximately 120 total acres. This added acreage could provide more room for recreation, hunting management, trails, or long-term land ownership. The property is close to Butlerville and a short drive from North Vernon for shopping, dining, and services. State Road 50 provides convenient regional access. Seymour, Columbus, and Versailles are each approximately 35 minutes away. This property combines a substantial residence, wooded acreage, creek frontage, and available expansion acreage in Jennings County.
Getting Around
Schools
Construction
Condition
- Year built: 1982
Materials
- Foundation: Block
- Construction materials: Block,Stone,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Farm
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Electric Oven,Refrigerator,Washer,Water Heater
Basement
- Has basement: Yes
- Basement: Exterior Entry,Finished,Finished Ceiling,Finished Walls,Full,Interior Entry,Walk-Out Access
Bedroom2
- Level: Main
- Area: 216
- Dimensions: 18 x 12
Bedroom3
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Bedroom4
- Level: Basement
- Area: 204
- Dimensions: 17 x 12
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Dining Room
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Features
- Pantry,Walk-In Closet(s)
- Finished area below ground: 2,883
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 4,929
- Total interior livable area: 4,929 sqft
Kitchen
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Living Room
- Level: Basement
- Area: 286
- Dimensions: 22 x 13
Master Bedroom
- Level: Main
- Area: 192
- Dimensions: 12 x 16
Utility Room
- Features: Other
- Level: Basement
- Area: 812
- Dimensions: 29 x 28
Property
Details
- Parcel number: 400808200003000002
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Deck
- Has view: Yes
- View description: Creek/Stream,Forest,Rural,Trees/Woods,Water
- Has water view: Yes
- Water view: Creek/Stream,Water
- On waterfront: Yes
- Waterfront features: Creek,Water Access
Lot
- Lot size: 40 Acres
- Features: Not In Subdivision,Rural - Not Subdivision,Mature Trees,Trees-Small (Under 20 Ft),Wooded
Parking
- Total spaces: 2
- Parking features: Attached,Asphalt,Gravel
- 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
- Tornado
- Cold Wave
- Drought
- Inland Flooding
- Ice Storm
- Lightning
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 | $2,932 | $35,184 |
| Home Insurance * | $407 | $4,884 |
| Property Taxes | $362 | $4,344 |
| Electricity | $451 | $5,422 |
| Total | $4,152 | $49,824 |
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 |
|---|---|---|
| 2026-07-08 | Price change | $580,000 |
| 2026-07-08 | Price change | $1,300,000 |
| 2026-07-07 | Listed for sale | $580,000 |
