7161 N 1200 W, Fair Oaks, IN, 47943
About This Home
Escape to the country with this beautifully maintained 4-bedroom, 2-bath rustic ranch situated on 8 picturesque acres, perfectly set up for horse enthusiasts. The inviting open-concept floor plan showcases stunning cathedral wood-planked ceilings, custom hickory cabinetry, newer stainless steel appliances, and gorgeous 3" oak hardwood flooring throughout the main level. The finished basement, completed approximately nine years ago, features a cozy gas fireplace, creating the perfect space for relaxing or entertaining. A pellet stove efficiently heats the main level, complemented by zoned heating for year-round comfort. Additional updates include a 4-year-old roof and a 6-year-old hot tub. Step outside to enjoy the spacious 24' x 24' composite deck overlooking beautifully landscaped flower beds, or unwind in the charming 18' x 12' screened room surrounded by colorful gardens. Built for efficiency and durability, the home features 2x6 construction with double insulation. The insulated, heated garage includes hot and cold water, as well as dual floor drains, making it ideal for projects and year-round use. Equestrians will appreciate the exceptional horse facilities, including all-new fencing throughout the property, 11 newly constructed paddocks with shelters, a large barn, and multiple outbuildings offering abundant storage for equipment, livestock, or hobbies. This remarkable property combines rustic charm, modern updates, and outstanding equestrian amenities, making it a rare opportunity to enjoy peaceful country living at its finest. Book your showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2005
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Washer,Stainless Steel Appliance(s),Refrigerator,Disposal
- Laundry features: Lower Level,Main Level,Laundry Room
Basement
- Has basement: Yes
- Basement: Bath/Stubbed,Unfinished,Storage Space,Finished
Bedroom2
- Level: Main
- Area: 132
- Dimensions: 12.0 x 11.0
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bonus Room
- Level: Basement
- Area: 120
- Dimensions: 10.0 x 12.0
Dining Room
- Level: Main
- Area: 110
- Dimensions: 11.0 x 10.0
Family Room
- Level: Basement
- Area: 624
- Dimensions: 24.0 x 26.0
Features
- Cathedral Ceiling(s),Country Kitchen,Recessed Lighting,Laminate Counters,Kitchen Island,Eat-in Kitchen,Ceiling Fan(s)
- Number of fireplaces: 1
- Fireplace features: Basement,Gas
- Fireplace: Yes
- Finished area above ground: 1,849
Foyer
- Level: Main
- Area: 42
- Dimensions: 7.0 x 6.0
Heating
- Heating features: Natural Gas,Other
Interior Area
- Total structure area: 3,449
- Total interior livable area: 3,449 sqft
Kitchen
- Level: Main
- Area: 228
- Dimensions: 19.0 x 12.0
Laundry
- Level: Main
- Area: 48
- Dimensions: 8.0 x 6.0
Laundry
- Level: Basement
- Area: 35
- Dimensions: 7.0 x 5.0
Living Room
- Level: Main
- Area: 312
- Dimensions: 26.0 x 12.0
Primary Bedroom
- Level: Main
- Area: 225
- Dimensions: 15.0 x 15.0
Property
Details
- Parcel number: 371219000016000030
- Special condition: None
Features
- Levels: One
- Patio & porch: Deck
- Exterior features: Rain Gutters,Storage
- Fencing: Fenced
- Has view: Yes
- View description: Meadow,Rural,Pond
- Has water view: Yes
- Water view: Pond
- On waterfront: Yes
- Waterfront features: Pond
- Horses can be raised: Yes
Lot
- Lot size: 8 Acres
- Features: Back Yard,Front Yard
Parking
- Total spaces: 2.5
- Parking features: Attached,Oversized,Kitchen Level,Heated Garage,Gravel,Driveway,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2.5
- Covered spaces: 2.5
- Has uncovered spaces: Yes
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
- Cold Wave
- Strong Wind
- Tornado
- Hail
- Heat Wave
- Inland Flooding
- 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 | $3,665 | $43,980 |
| Home Insurance * | $247 | $2,964 |
| Property Taxes | $327 | $3,924 |
| Electricity | $316 | $3,794 |
| Total | $4,555 | $54,660 |
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 |
|---|---|---|
| 2026-08-12 | Price change | $715,000 |
| 2026-07-21 | Listed for sale | $725,000 |
| 2021-12-31 | Listing removed | -- |
| 2021-08-17 | Listed for sale | $510,000 |
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