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7588 N Bottom Rd, Ellettsville, IN, 47429

3beds
2baths
1,800sqft
$1,800,000
$1,000price/sqft
$11,596/moest. monthly cost
$463,840/yrincome needed

About This Home

Heirloom family farm is now on the market! 188 Acre estate has an existing all brick ranch home over full walkout basement, with 3600 total sq. feet, 3 B.R., 2 Baths, and new roof. There are 4 separate parcels, 72.60 acres (which the house sits on), 18 acres, 53.6 acres, and 44 acres. The land is a mix of tillable acreage, fenced pasture, and ridge land of woods with marketable timber. There is also a farm pond affording a great set up for horses and cattle. The well built home offers a commanding view of the entire farm from the wrap around porch. Multiple additional building sites on the property. This is a rare opportunity to own one of Monroe Counties family farms, and they don't come up for sale very often!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

6/10
6/10
7/10
Edgewood High SchoolGrades 9-125.3 mi

Construction

Condition

  • Year built: 1982

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Walkout Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Unfinished,Brick

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

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

Features

  • Eat-in Kitchen
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,800

Heating & Cooling

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

Interior Area

  • Total structure area: 3,600
  • Total interior livable area: 1,800 sqft

Kitchen

  • Level: Main
  • Area: 238

Living Room

  • Level: Main
  • Area: 352

Property

Details

  • Parcel number: 530313400001.000001

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch Covered

Lot

  • Lot size: 188 Acres
  • Features: Irregular Lot,Few Trees,Rolling Slope,Flood Plain,Rural

Parking

  • Total spaces: 2
  • Parking features: Attached,Gravel
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Earthquake
Hail
Heat Wave
Inland Flooding
Lightning
Tornado

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 $9,101$109,212
Home Insurance *$1,031$12,372
Property Taxes $1,280$15,360
Electricity $184$2,212
Total$11,596$139,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$397,577/yr
40% on housing$347,880/yr
45% on housing$309,226/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: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 7.5%
7.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,000This listing

vs Other Active Listings

Avg $/sqft

ZIP 47429$157
Monroe County$164

vs Homes Sold Last Month

Median $/sqft

ZIP 47429$177
Monroe County$183

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
2026-03-31Listed for sale$1,800,000

For Sale by Agent

AgentBill Howard
BrokerageBill Howard Real Estate

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