5081 N 500 W Fairland, IN 46126
Property details
About 5081 N 500 W
Discover the perfect blend of tranquil country living and modern convenience in this expansive country home nestled on 0.80 acres of lush landscape. This charming property boasts over 2800 sqft of thoughtfully designed living space, featuring 5 spacious bedrooms and 2.5 bathrooms, providing ample room for family and guests alike. The heart of this home is its inviting sunroom, where you can soak in the serene surroundings and enjoy the picturesque scenic views that change with the seasons. For the hobbyist, a generous 30x20 outbuilding offers endless possibilities, whether you're into crafts, woodworking, or simply need extra storage space. Car enthusiasts and DIYers will appreciate the 2-car tandem detached garage, providing plenty of room for vehicles, tools, and projects. The idyllic property is a true escape, offering peace and privacy Whether you're hosting family gatherings in the spacious living areas or enjoying quiet moments of solitude in your sun-drenched sanctuary, this home truly has it all. Experience easy living in this country retreat.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Electric Cooktop, Dishwasher, Electric Water Heater, Microwave Hood, Refrigerator, Water Softener
- Basement: No
- Interior: Attic Access, Center Island, Entrance Foyer, Windows Vinyl, Wood Work Stained
- Fireplace: Dining Room, Gas Log
- Total Bedroom Count: 5
- Exterior: Out Building With Utilities
- Architectural Style: TraditonalAmerican
- Heating: Forced Air, Propane
- Cooling: Dual
- List Price: $415,000
- Price/SqFt: $146
- Annual Tax Amount: $1,606
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1970
- Living Area: 2,832 SqFt
- Lot Size: 0.8 Acres
- MLS Number: 22046548
- MLS Name: MIBOR
- Office Name: Monteith-Legault Real Estate C
- Office Email: josh@monteithlegault.com
- Listing Agent: Josh Monteith
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 7/6/2025, 11:46:26 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 | $227,000 | $1,606 |
| 2021 | $200,400 | $1,549 |
| 2020 | $207,300 | $1,548 |
| 2019 | $204,000 | $1,552 |
| 2018 | $207,600 | $1,552 |
| 2017 | $207,600 | $1,375 |
History based on county public records data.
Nearby schools
6
Triton Central Elementary School
Public District PK-4
0.8 mi
•4976 W 600 N
5
Acton Elementary School
Public District KG-3
6.3 mi
•8010 Acton Rd
5
Clark Elementary School
Public District KG-5
6.3 mi
•CR 700 N & 575 E
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 $115,485. Residents of Fairland, IN typically earn between $100k-200k each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
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?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
New Country
Classic Country
Oldies
Frequently asked questions
About 5081 N 500 W
The listing price of 5081 N 500 W property is $415,000.
The property 5081 N 500 W is a house located in Fairland, Indiana, 46126.
Active Listing: 5081 N 500 W is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5081 N 500 W are: Triton Central Elementary School (GreatSchools Rating 6/10), Acton Elementary School (GreatSchools Rating 5/10), Clark Elementary School (GreatSchools Rating 5/10), Triton Central Middle School (GreatSchools Rating 6/10), Franklin Central Junior High School (GreatSchools Rating 6/10), Shelbyville Middle School (GreatSchools Rating 5/10), Triton Central High School (GreatSchools Rating 7/10), Excel Center - Shelbyville (GreatSchools Rating 1/10), Shelbyville Sr High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $1,606 (source: MLS/based on county public records data).
The property at 5081 N 500 W has 5 bedrooms and 2 full and 1 half bathrooms.
The property 5081 N 500 W is 2,832 SqFt (source: MLS/tax record).
The year of construction for 5081 N 500 W is 1970.
This home is located at 5081 N 500 W in Fairland, IN and zip code 46126. This 2,832 square foot home, which was built in 1970, sits on a 0.80 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $415,000.
Over 0 listings were sold over their listed price in June 2025 in Fairland, IN. In the same period over 1 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Fairland, IN increased by 64.3% between May and June 2025. In June 2025 median list price was $232,500 and the average listing age was 3 days.