2827 W Wabash Chapel Rd, Covington, IN, 47932
About This Home
This is a once-in-a-lifetime opportunity to own your very own retreat between Covington and Perrysville! This stunning property allows you to hunt, fish, raise animals, grow a garden, swim in the creek, hike, explore waterfalls, and even venture into a small cave. While the listing service doesn't allow photos of wildlife, we assure you there are plenty of animals roaming the land. If you're a turkey hunter, this is the perfect property for you! Several deer also frequent the area, and you might even catch a glimpse of a bobcat from time to time. The horse barn has been used to store various items, including RVs and larger toys. However, if you've been looking for a property to raise horses, the barn will make an ideal home for them, complete with two grazing areas. If fishing is your passion, you'll appreciate the stocked pond located just steps away from your spacious home. The garage not only provides ample space for vehicles and recreational toys but also offers potential for additional living space in the lofted section. This truly is a marvelous piece of land, offering opportunities that make an owner feel they never have to leave, with all the enjoyment right at home.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1983
Materials
- Foundation: Block
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Farm
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Water Heater,Microwave,Gas Oven,Refrigerator,Washer
Basement
- Has basement: Yes
Bedroom2
- Level: Main
- Area: 132
- Dimensions: 12x11
Bedroom3
- Level: Upper
- Area: 162
- Dimensions: 9x18
Bedroom4
- Level: Upper
- Area: 286
- Dimensions: 22x13
Bedroom5
- Level: Upper
- Area: 196
- Dimensions: 14x14
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 255
- Dimensions: 15x17
Dining Room
- Level: Main
- Area: 208
- Dimensions: 16x13
Features
- Attic Access,Entrance Foyer
- Number of fireplaces: 3
- Fireplace features: Bedroom,Family Room
- Fireplace: Yes
- Attic: Access Only
- Finished area below ground: 0
Heating & Cooling
- Heating features: Hot Water,Propane
- Cooling features: Central Air
Interior Area
- Total structure area: 5,524
- Total interior livable area: 5,524 sqft
Kitchen
- Level: Main
- Area: 160
- Dimensions: 8x20
Living Room
- Level: Main
- Area: 315
- Dimensions: 15x21
Loft
- Level: Upper
- Area: 176
- Dimensions: 16x11
Master Bedroom
- Level: Upper
- Area: 196
- Dimensions: 14x14
Office
- Level: Main
- Area: 110
- Dimensions: 10x11
Property
Details
- Parcel number: 231323200001000019
- Horse amenities: None
Features
- Levels: Multi/Split
Lot
- Lot size: 23.50 Acres
Parking
- Total spaces: 4
- Parking features: 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
- Lightning
- Cold Wave
- Strong Wind
- Winter Weather
- Drought
- Hail
- Heat Wave
- Inland Flooding
- Tornado
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 | $3,514 | $42,168 |
| Home Insurance * | $781 | $9,372 |
| Property Taxes | $314 | $3,768 |
| Electricity | $506 | $6,076 |
| Total | $5,115 | $61,380 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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 |
|---|---|---|
| 2026-06-15 | Listed for sale | $695,000 |
| 2021-04-21 | Sold | $365,000 |
View on Zillow