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5037 W Us Highway 52, New Palestine, IN, 46163

2beds
3baths
1,860sqft
$350,000
$188price/sqft
$2,228/moest. monthly cost
$89,120/yrincome needed

About This Home

Discover this opportunity at 5037 W Us Highway 52 HWY W in NEW PALESTINE, IN. This charming 1240 square foot single-family residence, built in 1950, offers a unique foundation for your envisioned lifestyle. This inviting single-story home sits on a generous .36 of an acre, providing ample outdoor space for relaxation or recreation. Embrace the potential of this distinctive property and schedule your private showing today. There are endless possibilities with this one. You can live here and run a small business! Possible commercial opportunities. You'll enjoy the floor plan, nice size lot, basement, and big garage just to name a few of it's features. Make sure to see the office attached to the garage with it's own bath. This home use to be a 3 bedroom - said 3rd bedroom was turned into a second full bath and laundry room on the main level. There is laundry in the basement too. Conveniently located and beautiful lot to boot! Two covered porches! See it today!

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

8/10
8/10
10/10
New Palestine High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes

Bedroom2

  • Level: Main
  • Area: 110
  • Dimensions: 10x11

Bedrooms & Bathrooms

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

Bonus Room

  • Features: Other
  • Level: Basement
  • Area: 224
  • Dimensions: 14x16

Dining Room

  • Level: Main
  • Area: 168
  • Dimensions: 12x14

Features

  • Attic Access,Hardwood Floors
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 545

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,860
  • Total interior livable area: 1,860 sqft

Kitchen

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

Laundry

  • Features: Other
  • Level: Basement
  • Area: 216
  • Dimensions: 12x18

Living Room

  • Level: Main
  • Area: 288
  • Dimensions: 16x18

Master Bedroom

  • Level: Main
  • Area: 120
  • Dimensions: 10x12

Property

Details

  • Parcel number: 301030100012001013
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.36 Acres
  • Features: Access,Street Lights,Mature Trees

Parking

  • Total spaces: 2
  • Parking features: Detached
  • 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

  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Winter Weather

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 $1,769$21,228
Home Insurance *$176$2,112
Property Taxes $99$1,188
Electricity $184$2,212
Total$2,228$26,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,388/yr
40% on housing$66,840/yr
45% on housing$59,413/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: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 46163$143
Hancock County$146

vs Homes Sold Last Month

Median $/sqft

ZIP 46163$151
Hancock County$153

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

DateEventPrice
2026-08-13Price change$275,000
2026-07-29Listed for sale$350,000
2011-07-07Sold$9,000

For Sale by Agent

AgentJoshua Ember
BrokerageF.C. Tucker Company

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