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524 N College Ave, Rensselaer, IN, 47978

5beds
2baths
1,840sqft
$299,900
$163price/sqft
$2,038/moest. monthly cost
$81,520/yrincome needed

About This Home

2 story original hardwood foors downstairs..all new carpet upstairs..new furnace..hot water heater in 2025..new carpet 2023..new pool liner 2024..both bathrooms remodeled 2020..new windows and doors in 2019..lots and lots of new updates..all appliances and windows covering stay..storage galore with schools and parks within walking distance..perfect for a large or growing family.large pantry and storm cellar...could be converted back to apartments for nice investment property

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

6/10
Rensselaer Middle SchoolGrades 6-81.0 mi
6/10

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Crawl/Raised
  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Tile,Carpet,Hardwood,Laminate

Heating & Cooling

  • Heating features: Forced air,Gas,Other
  • Cooling features: Central

Interior Area

  • Total interior livable area: 1,840 sqft

Property

Details

  • Parcel number: 370730016025055027

Features

  • Exterior features: Shingle,Stone,Vinyl
  • Has spa: Yes

Lot

  • Lot size: 7,405 sqft

Parking

  • Total spaces: 4
  • Parking features: Garage - Attached

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
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Hail
Tornado

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 $1,516$18,192
Home Insurance *$221$2,652
Property Taxes $117$1,404
Electricity $184$2,212
Total$2,038$24,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,874/yr
40% on housing$61,140/yr
45% on housing$54,346/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: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 47978$131
Jasper County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 47978$119
Jasper County$150

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
2026-02-04Listed for sale$299,900

For Sale by Owner

AgentProperty Owner

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