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4400 N State Road 5, Shipshewana, IN, 46565

4beds
5baths
6,143sqft
$1,395,000
$227price/sqft
$8,980/moest. monthly cost
$359,200/yrincome needed

About This Home

Experience the epitome of country living in this extraordinary custom-built, all-brick ranch estate, perfectly situated on 5.3 picturesque acres just north of quiet Shipshewana. Thoughtfully designed for both luxurious everyday living and effortless entertaining, this exceptional 4-bedroom, 4.5-bath home offers a rare combination of privacy, tranquility, craftsmanship, and resort-style amenities. From the moment you arrive, the setting is truly special. The property features a private, stocked pond ideal for fishing, beautifully landscaped grounds, a stunning waterfall and courtyard, and an impressive outdoor living space designed to be enjoyed throughout the seasons. The saltwater pool is surrounded by a spacious entertaining area complete with a fireplace, outdoor kitchen, and smart pergola. For those seeking a quiet retreat, a charming cabin tucked away at the rear of the property provides a private sanctuary. The expansive heated and cooled shop offers exceptional flexibility, with dedicated workshop space and three additional parking spaces. Inside, the home is equally impressive. The spacious primary suite is a private retreat, featuring a walk-in closet, dual-sided fireplace, and access to a deck- the perfect spot for your morning coffee. The great room showcases soaring cathedral ceilings, RH lighting and expansive views of the waterfall and courtyard. At the center of the home, the gourmet kitchen is thoughtfully designed for both everyday living and entertaining, offering a natural gathering place that seamlessly connects to the home's main living spaces. The walk-out lower level provides an exceptional extension of the living space, featuring a spacious family room with fireplace, wet bar, bedroom, and full bath. Every element of this remarkable property has been thoughtfully considered to create a home that feels both luxurious and inviting. A rare opportunity to own this exclusive estate just minutes from Shipshewana and all the area has to offer.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

7/10
7/10

Construction

Condition

  • Year built: 1979

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Cooktop,Exhaust Fan,Double Oven,Refrigerator,Water Softener Owned
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Finished,Storage Space,Walk-Out Access

Bedroom2

  • Level: Main
  • Area: 168
  • Dimensions: 12 X 14

Bedroom3

  • Level: Main
  • Area: 192
  • Dimensions: 12 X 16

Bedroom4

  • Level: Basement
  • Area: 242
  • Dimensions: 22 X 11

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 4
  • Main level bedrooms: 3

Breakfast Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 130
  • Dimensions: 13 X 10

Dining Room

  • Level: Main
  • Area: 120
  • Dimensions: 10 X 12

Family Room

  • Level: Basement
  • Area: 522
  • Dimensions: 29 X 18

Features

  • Attic Pull Down Stairs,Cathedral Ceiling(s),Hardwood Floors,Walk-In Closet(s)
  • Flooring: Hardwood
  • Number of fireplaces: 5
  • Fireplace features: Double Sided,Basement,Family Room,Living Room
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Finished area below ground: 2,582

Foyer

  • Level: Main
  • Area: 108
  • Dimensions: 12 X 9

Great Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 456
  • Dimensions: 24 X 19

Guest Room

  • Level: Basement
  • Area: 551
  • Dimensions: 29 X 19

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,143
  • Total interior livable area: 6,143 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 240
  • Dimensions: 16 X 15

Laundry

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 126
  • Dimensions: 14 X 9

Living Room

  • Level: Main
  • Area: 342
  • Dimensions: 18 X 19

Master Bedroom

  • Level: Main
  • Area: 357
  • Dimensions: 21 X 17

Office

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 169
  • Dimensions: 13 X 13

Play Room

  • Level: Basement
  • Area: 368
  • Dimensions: 23 X 16

Property

Details

  • Parcel number: 440434400004000017
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: Heated,In Ground,Salt Water
  • Patio & porch: Deck,Porch
  • Exterior features: Balcony,Outdoor Kitchen,Sprinkler System
  • Fencing: Fenced,Fence Complete
  • Has view: Yes
  • View description: Pond,Rural
  • Water view: Pond
  • On waterfront: Yes
  • Waterfront features: Pond

Lot

  • Lot size: 5.28 Acres
  • Features: Rural - Not Subdivision,Mature Trees

Parking

  • Total spaces: 4
  • Parking features: Attached
  • 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

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Indiana Counties

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 $7,053$84,636
Home Insurance *$714$8,568
Property Taxes $650$7,800
Electricity $563$6,757
Total$8,980$107,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$307,885/yr
40% on housing$269,400/yr
45% on housing$239,466/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: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$227This listing

vs Other Active Listings

Avg $/sqft

ZIP 46565$143
LaGrange County$163

vs Homes Sold Last Month

Median $/sqft

ZIP 46565
LaGrange County$123

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
2026-07-29Listed for sale$1,395,000

For Sale by Agent

AgentAndrea Kelly
BrokerageEncore Sotheby's International

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