6 days on Rocket
$3,324 Closing Credit¹
#202520238, Courtney Ousley, Listing office: North Eastern Group Realty
$270,000 List price
407 S Colony Dr Garrett, IN 46738
$3,206
Closing credit¹
4 beds
1 full, 1 partial
0.7 acres
$124 / sqft
House
Property details
About 407 S Colony Dr
Start Showing Date: 6/6/2025 Charming 4-Bedroom Home with Hobby Farm Potential in Town!Discover the perfect blend of town convenience and country charm with this spacious 4-bedroom, 1.5-bath home situated on a generous 0.3-acre lot—plus an additional connected 0.35-acre county lot ideal for hobby farming! With no active HOA, this property offers freedom and flexibility.Recent updates include a new roof (2019), flooring (2022), and kitchen appliances—including a stove and microwave (2024) and dishwasher (2020)—providing modern comfort throughout. The home features multiple living areas, perfect for family gatherings or entertaining, and a 2-car attached garage for added convenience.Step outside to find a 20x26 outbuilding (built in 2020) on the county lot, along with a chicken coop, making this property a dream for backyard farmers or anyone seeking extra space for hobbies or storage. An empty lot next door adds a bonus sense of privacy and openness.Located within walking distance to all three local schools and the Jam Center, and just a short trip to community favorites like Hoosier Barbershop, The Grind Coffee House, and Shorty's Steakhouse, this home offers both location and lifestyle.Don’t miss your chance to own a unique in-town property with room to grow—schedule your tour today!More pictures to be uploaded Thursday June, 5th
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air
Lot size0.65 Acres
Year built1975
MLS #202520863
Attached garage2 spaces
FireplaceFamily Rm, Gas Log
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Fireplace: Family Rm, Gas Log
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Exterior: Aluminum
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $270,000
- Price/SqFt: $124
- Annual Tax Amount: $1,253
- Tax Year: 2023
- Lot: Level
- Directions: S Randolph St. to Warfield East to Taylor Rd. North to (Woodview Estates) Maple Lane to Colony.
- Year Built: 1975
- Lot Size: 0.65 Acres
- MLS Number: 202520863
- Office Name: North Eastern Group Realty
- Office Phone: (260) 515-5448
- Listing Agent: Gary Lee
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 5:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$270,000
407 S Colony Dr
$3,206
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $198,800 | $1,253 |
| 2021 | $156,900 | $1,037 |
| 2020 | $153,300 | $1,588 |
| 2019 | $153,700 | $1,347 |
| 2017 | $116,000 | $1,096 |
History based on county public records data.
Nearby schools
3
J E Ober Elementary School
Public District KG-5
0.6 mi
•801 E Houston St
5
McKenney-Harrison Elementary School
Public District PK-5
3.1 mi
•400 S Indiana Ave
6
James R Watson Elementary School
Public District PK-5
4.1 mi
•901 Eckhart Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,948. Most Garrett, IN residents have annual incomes between $35k-100k. Most families are married, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
25%
<35k
56%
35k-100k
18%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
30%
Single, No Kids
9%
Single, with Kids
36%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
College Football
NASCAR
Figure Skating
Where do the neighbors shop?
Best Buy
Dollar General
Kmart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Bob Evans
What do the neighbors drive?
Ram
Buick
Jeep
What do the neighbors listen to?
Contemporary Christian
Classic Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 407 S Colony Dr
The listing price of 407 S Colony Dr property is $270,000.
The property 407 S Colony Dr is a house located in Garrett, Indiana, 46738.
Active Listing: 407 S Colony Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 407 S Colony Dr are: J E Ober Elementary School (GreatSchools Rating 3/10), McKenney-Harrison Elementary School (GreatSchools Rating 5/10), James R Watson Elementary School (GreatSchools Rating 6/10), Garrett Middle School (GreatSchools Rating 4/10), Dekalb Middle School (GreatSchools Rating 6/10), Maple Creek Middle School (GreatSchools Rating 7/10), Garrett High School (GreatSchools Rating 4/10), Dekalb High School (GreatSchools Rating 6/10), East Noble High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $1,253 (source: MLS/based on county public records data).
The property at 407 S Colony Dr has 4 bedrooms and 1 full and 1 half bathrooms.
The year of construction for 407 S Colony Dr is 1975.
This home is located at 407 S Colony Dr in Garrett, IN and zip code 46738. This home, which was built in 1975, sits on a 0.65 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $270,000.
Over 3 listings were sold over their listed price in May 2025 in Garrett, IN. In the same period over 2 listings were sold below the listed price and 6 listings were sold for the listed price. Between April and May 2025, Garrett, IN real estate market has seen increase in the number of listings by 23.1%.
From Rocket Homes Real Estate and based on county public records data.