4934 S 550 W New Palestine, IN 46163
Property details
About 4934 S 550 W
Located at 4934 S 550 W, NEWPALESTINE, IN, this single-family residence in Hancock County presents a rare opportunity to experience luxurious living in a home that is in great condition. Built in 2022, this amazing design features top-tier materials and awaits its discerning new owner. The heart of this home is undoubtedly the two kitchens, a culinary dream realized with its expansive kitchen island, shaker cabinets, and double oven, providing ample space for preparation and catering. The stovetop and backsplash add a touch of elegance and practicality, ensuring both beauty and functionality in this central space. The living room offers a place to relax and recharge, featuring a fireplace that serves as a focal point, creating an atmosphere of warmth. The high ceiling enhances the sense of spaciousness, inviting gatherings and quiet moments alike. This residence offers five full bathrooms and one half bathroom, ensuring convenience and privacy. Five bedrooms provide comfortable accommodation for all. With 4209 square feet of living area set upon a sprawling 301043 square foot lot in a rural area, this two-story residence provides a harmonious blend of space and privacy, making it the perfect retreat from the everyday. This luxurious house with an open floor plan and unfinished basement is waiting for you to make it a home.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 5
- Appliances: Dishwasher, Microwave Hood, Oven, Water Softener
- Basement: Yes
- Interior: Eat-in Kitchen, Pantry, Supplemental Storage, Walk-In Closet(s)
- Fireplace: Family Room
- Total Bedroom Count: 5
- Architectural Style: Modular
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $1,820,000
- Price/SqFt: $167
- Annual Tax Amount: $3,808
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 2022
- Living Area: 10,897 SqFt
- Lot Size: 6.91 Acres
- MLS Number: 22051806
- MLS Name: MIBOR
- Office Name: Midland Realty Group, Inc.
- Listing Agent: Harjot Suri
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 7/21/2025, 9:31:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 | $413,700 | $3,808 |
History based on county public records data.
Nearby schools
7
New Palestine Elementary School
Public District PK-4
0.8 mi
•4801 S 500 W
6
Sugar Creek Elementary School
Public District KG-4
2.6 mi
•2337 S 600 W
2
Grassy Creek Elementary School
Public District KG-4
5.0 mi
•10330 Prospect St
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 $102,064. Residents of New Palestine, IN typically earn between $35k-100k each year. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
PGA/LPGA
Soccer
Where do the neighbors shop?
Dick's Sporting Goods
Stein Mart
Old Navy
Where do the neighbors go to eat?
Arbys
Cracker Barrel
Jimmy Johns
What do the neighbors drive?
GMC
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
New Country
Frequently asked questions
About 4934 S 550 W
The listing price of 4934 S 550 W property is $1,820,000.
The property 4934 S 550 W is a house located in New Palestine, Indiana, 46163.
Active Listing: 4934 S 550 W is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4934 S 550 W are: New Palestine Elementary School (GreatSchools Rating 7/10), Sugar Creek Elementary School (GreatSchools Rating 6/10), Grassy Creek Elementary School (GreatSchools Rating 2/10), New Palestine Jr High School (GreatSchools Rating 7/10), New Palestine Intermediate School (GreatSchools Rating 7/10), Creston Intermediate & Middle School (GreatSchools Rating 4/10), New Palestine High School (GreatSchools Rating 9/10), Franklin Central High School (GreatSchools Rating 7/10), Warren Central High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $3,808 (source: MLS/based on county public records data).
The property at 4934 S 550 W has 5 bedrooms and 5 full and 1 half bathrooms.
The property 4934 S 550 W is 10,897 SqFt (source: MLS/tax record).
The year of construction for 4934 S 550 W is 2022.
This home is located at 4934 S 550 W in New Palestine, IN and zip code 46163. This 10,897 square foot home, which was built in 2022, sits on a 6.91 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $1,820,000.
In June 2025, from all listings sold in New Palestine, IN there were more than 2 sold above asking price, over 5 sold below and more than 3 were sold right at the asked price. The number of homes for sale in New Palestine, IN decreased by 5.8% between May and June 2025. Listings spent 10 days on the market in June 2025, and had a median list price of $379,900 during the same period.