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591 E 400 S, Kokomo, IN, 46902

5beds
3baths
5,052sqft
$1,250,000
$247price/sqft
$8,764/moest. monthly cost
$350,560/yrincome needed

About This Home

Welcome to this picturesque 10 acre horse farm, where all your equestrian dreams will come true! Waiting for you at the end of the long, paved driveway you will find the centerpiece of this estate, a stately 5 bedroom home. With over 5,000 finished sq/ft of living space you will appreciate the large kitchen, formal dining room, living room, and a 33x22 family/entertainment room, which walks out to a nice deck overlooking the private, peaceful backyard. You will also find a spiral staircase, an in-home office, and a 3 1/2 car attached garage with an additional full apartment above it! Adjacent to the home, await 3 amazing barns! With over 2,000 sq/ft, the smaller barn behind the home, is the perfect maintenance barn for storage of equipment etc. Across the property you will find another barn with over 7,500 sq ft which is the insulated, heated indoor riding arena. The third barn was meticulously redone, and truly designed to cater to the needs of many horses and their caretakers! It is insulated, heated, has cement floors, and a full ventilation system! You will also find 22 perfectly finished horse stalls with rubber mats, a tack room with washer/dryer, a wash stall, full hay loft and a 3 ton grain bin. And if that isn't enough, you will appreciate the nicely finished office and another small apartment, perfect for a stablehand! From the 4.5 acre grazing pasture, to an outdoor arena & horse walker, there is nothing left to desire. This horse farm is not just an ordinary property, it's a sanctuary for both horses and humans alike, offering tranquility, functionality and the perfect setting for an equestrian lifestyle!

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

4/10
Taylor Primary SchoolGrades PK-40.6 mi
4/10
Taylor Middle SchoolGrades 5-83.4 mi
3/10
Taylor High SchoolGrades 9-123.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Other
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Electric Oven

Basement

  • Has basement: Yes

Bedroom2

  • Level: Upper
  • Area: 228
  • Dimensions: 19x12

Bedroom3

  • Level: Upper
  • Area: 180
  • Dimensions: 15x12

Bedroom4

  • Level: Upper
  • Area: 140
  • Dimensions: 14x10

Bedroom5

  • Level: Upper
  • Area: 140
  • Dimensions: 14x10

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Breakfast Room

  • Level: Main
  • Area: 72
  • Dimensions: 9x8

Dining Room

  • Level: Main
  • Area: 192
  • Dimensions: 16x12

Family Room

  • Level: Main
  • Area: 693
  • Dimensions: 33x21

Features

  • Eat-in Kitchen
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

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

Interior Area

  • Total structure area: 5,052
  • Total interior livable area: 5,052 sqft

Kitchen

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

Library

  • Level: Upper
  • Area: 192
  • Dimensions: 12x16

Living Room

  • Level: Main
  • Area: 380
  • Dimensions: 20x19

Master Bedroom

  • Level: Upper
  • Area: 240
  • Dimensions: 16x15

Property

Details

  • Parcel number: 341030200028000015
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 10.44 Acres

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Winter Weather

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 $6,320$75,840
Home Insurance *$911$10,932
Property Taxes $1,070$12,840
Electricity $463$5,557
Total$8,764$105,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$300,480/yr
40% on housing$262,920/yr
45% on housing$233,706/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

$247This listing

vs Other Active Listings

Avg $/sqft

ZIP 46902$102
Howard County$85

vs Homes Sold Last Month

Median $/sqft

ZIP 46902$125
Howard County$127

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
2024-12-12Price change$1,250,000
2024-06-17Listed for sale$1,499,000

For Sale by Agent

AgentPaul Wyman
BrokerageThe Wyman Group

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