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4981 E Rinker Rd, Mooresville, IN, 46158

3beds
2baths
3,479sqft
$475,000
$137price/sqft
$3,141/moest. monthly cost
$125,640/yrincome needed

About This Home

This attractive single-family residence, built in 1975, offers 2653 square feet of living space, all in great condition. This ranch-style home provides a comfortable and convenient single-story living experience. The heart of this home is its open-plan kitchen, seamlessly integrating with the great room and dining room. Designed for effortless entertaining and daily life, the kitchen features a functional island, providing both workspace and a casual gathering spot. The bathrooms in this residence are designed for relaxation, with at least one offering a luxurious soaking tub, perfect for unwinding after a long day. With three well-proportioned bedrooms, office and two full bathrooms, this property offers ample space for comfortable living. Relax on the covered front porch or deck. Unfinished basement would be great for finishing as a playroom or additional living space. The expansive 2 acre lot provides a generous outdoor environment, ripe with possibilities. The oversized attached garage (heated/cooled), 24x50 three car detached garage w/workshop and a HUGE wooden barn are also a staple of this property! Did I mention NO HOA? Experience the ease and comfort of this delightful property; inquire today to schedule your private viewing.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
7/10
4/10
Martinsville High SchoolGrades 9-128.6 mi

Construction

Condition

  • Year built: 1975

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Dryer,Disposal,Gas Water Heater,MicroHood,Gas Oven,Refrigerator,Washer,Water Purifier,Microwave
  • Laundry features: Connections All,In Basement

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Unfinished

Bedroom2

  • Level: Main
  • Area: 132
  • Dimensions: 11x12

Bedroom3

  • Level: Main
  • Area: 140
  • Dimensions: 10x14

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 352
  • Dimensions: 22x16

Features

  • Attic Access,Breakfast Bar,Kitchen Island,High Speed Internet,Smart Thermostat,Cathedral Ceiling(s)
  • Window features: Wood Work Stained
  • Number of fireplaces: 1
  • Fireplace features: Dining Room,Free Standing
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 0

Great Room

  • Level: Main
  • Area: 528
  • Dimensions: 22x24

Heating & Cooling

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

Interior Area

  • Total structure area: 3,479
  • Total interior livable area: 3,479 sqft

Kitchen

  • Level: Main
  • Area: 238
  • Dimensions: 14x17

Master Bedroom

  • Level: Main
  • Area: 180
  • Dimensions: 12x15

Office

  • Level: Main
  • Area: 210
  • Dimensions: 14x15

Sun Room

  • Level: Main
  • Area: 408
  • Dimensions: 24x17

Property

Details

  • Parcel number: 550632100005000006
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck
  • Exterior features: Other

Lot

  • Lot size: 2 Acres

Parking

  • Total spaces: 1
  • Parking features: Detached,Asphalt,Garage Door Opener,Heated Garage,Garage Faces Side,Storage,Workshop in Garage,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Hail
Inland Flooding
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 $2,401$28,812
Home Insurance *$250$3,000
Property Taxes $172$2,064
Electricity $318$3,827
Total$3,141$37,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,691/yr
40% on housing$94,230/yr
45% on housing$83,760/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: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 7.8%
7.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$137This listing

vs Other Active Listings

Avg $/sqft

ZIP 46158$144
Morgan County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 46158$160
Morgan County$146

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
2026-07-31Listed for sale$475,000
2026-07-27Pending sale$475,000
2026-07-16Price change$475,000
2026-06-30Listed for sale$499,900

For Sale by Agent

AgentAmanda LaVullis
BrokerageCarpenter, REALTORS®

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