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10777 S Waveland Rd, Waveland, IN, 47989

3beds
3baths
3,726sqft
$639,900
$172price/sqft
$4,496/moest. monthly cost
$179,840/yrincome needed

About This Home

Hidden away on nearly 7 private acres in rural Indiana, this unique property offers more than just a home... it offers a lifestyle. Whether you dream of homesteading, hobby farming, or simply enjoying peace and privacy away from the noise, this meticulously maintained property delivers the space, functionality, and freedom to do it all. With over 3,200 square feet of living space, the home features 3 bedrooms, 2.5 baths, a nearly finished walkout basement, and a versatile loft area overlooking the main living space. The main level offers the convenience of a bedroom and 1.5 baths, making the layout both practical for a variety of living situations. The seller has taken exceptional care of the property, with numerous recent updates and maintenance items already completed, including a metal roof, brand new furnace, water heater, well pump, sump pump, and more, offering peace of mind for years to come. Outside is where this property truly shines. Enjoy a beautifully stocked pond complete with two aerators and a dock, winding wooded trails, and plenty of open yard space to garden, play, or enjoy the scenery. Two large pole barns provide incredible storage and workspace potential, including plumbing in one of the barns, while the RV shelter with full hookup makes hosting guests or traveling even easier. The soon-to-be paid off solar panel system adds another layer of efficiency and self-sufficiency to this already impressive setup. Even better, the seller is generously offering many furnishings, tools, and equipment as negotiable items, including a Kubota tractor, generator, workshop equipment, air compressor, workout equipment, and much more. Opportunities like this are rare, where a property can truly be purchased turnkey and ready for the next chapter from day one. If you've been searching for privacy, functionality, outdoor beauty, and a slower pace of life without sacrificing comfort, this property is one you simply must experience in person.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

7/10
9/10
Southmont Jr High SchoolGrades 6-87.4 mi
8/10
Southmont Sr High SchoolGrades 9-127.5 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Disposal,MicroHood,Electric Oven,Refrigerator,Washer,Water Softener Owned
  • Laundry features: In Unit,Connections All,Main Level

Basement

  • Has basement: Yes
  • Basement: Ceiling - 9+ feet,Full,Partially Finished,Storage Space,Walk-Out Access

Bedroom2

  • Level: Upper
  • Area: 264
  • Dimensions: 11x24

Bedroom3

  • Level: Upper
  • Area: 264
  • Dimensions: 11x24

Bedrooms & Bathrooms

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

Bonus Room

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

Bonus Room

  • Level: Basement
  • Area: 936
  • Dimensions: 26x36

Bonus Room

  • Features: Other
  • Level: Basement
  • Area: 425
  • Dimensions: 17x25

Dining Room

  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Family Room

  • Level: Main
  • Area: 182
  • Dimensions: 13x14

Features

  • Attic Access,Breakfast Bar,Kitchen Island,Entrance Foyer,Ceiling Fan(s),Hardwood Floors,High Speed Internet,Pantry,Walk-In Closet(s)
  • Window features: Wood Work Stained
  • Flooring: Hardwood
  • Attic: Access Only
  • Finished area below ground: 782

Heating & Cooling

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

Interior Area

  • Total structure area: 3,726
  • Total interior livable area: 3,726 sqft

Kitchen

  • Level: Main
  • Area: 117
  • Dimensions: 9x13

Laundry

  • Level: Main
  • Area: 36
  • Dimensions: 6x6

Living Room

  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Loft

  • Level: Upper
  • Area: 234
  • Dimensions: 13x18

Master Bedroom

  • Level: Main
  • Area: 168
  • Dimensions: 12x14

Property

Details

  • Parcel number: 541430400005001003
  • Special condition: Sales Disclosure On File
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Deck
  • Exterior features: Storage,RV Hookup
  • Has spa: Yes
  • Spa features: Above Ground,Heated,Private
  • Has view: Yes
  • View description: Forest,Pond,Rural,Trees/Woods,Water
  • Has water view: Yes
  • Water view: Pond,Water

Lot

  • Lot size: 6.85 Acres
  • Features: Irregular Lot,Not In Subdivision,Rural - Not Subdivision,Mature Trees,Trees-Small (Under 20 Ft),Wedge,Wooded

Parking

  • Total spaces: 4
  • Parking features: Attached,Detached,Gravel,Garage Door Opener,Storage,Workshop in Garage
  • 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

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Drought
Hail
Heat Wave
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 $3,235$38,820
Home Insurance *$606$7,272
Property Taxes $314$3,768
Electricity $341$4,098
Total$4,496$53,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$154,148/yr
40% on housing$134,880/yr
45% on housing$119,893/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.4%
3.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$172This listing

vs Other Active Listings

Avg $/sqft

ZIP 47989$159
Montgomery County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 47989$135
Montgomery 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
2026-08-05Price change$599,900
2026-08-04Price change$623,900
2026-07-29Price change$639,900
2026-05-25Listed for sale$650,000
2022-08-31Sold$475,000
2022-08-10Pending sale$475,000
2022-07-29Price change$475,000
2022-07-20Price change$485,000
2022-07-12Price change$489,900
2022-06-28Listed for sale$529,900
2012-07-09Sold$138,000

For Sale by Agent

AgentSamantha Riddle
BrokerageLPT Realty

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