7487 W 500 N, Mccordsville, IN 46055

$600,000
5
BD
4
BA
3,178
SqFt

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Sold Price
$600,000
List Price
$600,000
MLS#
22106249
Status
SOLD
Days on Market
46
Closing Date
Jul 21, 2026
Bedrooms
5
Bathrooms
4
Sqft. of Residence
3,178
Property Type
Residential
Year Built
1973

Property Description

The unicorn property you've been waiting for has finally arrived! Nestled on over 7 acres in growing McCordsville and located within the highly regarded Mt. Vernon School district, this rare opportunity offers the perfect blend of residential comfort and agricultural flexibility. Boasting over 3,000 square feet, 5 bedrooms, and 4 bathrooms, this home provides room to spread out while offering a true In-law suite (or rental space) complete with its own entrance, bedroom, bathroom, kitchen and sunroom, making it ideal for multi generational living, guests, or private quarters. Inside, you'll find spacious living areas centered around a cozy fireplace and endless potential to make the home your own. The primary suite even offers the opportunity to create a stunning Juliet balcony overlooking the acreage and pond with a little vision and renovation. Outside is where this property truly shines. The homesite is fully fenced, while the horse paddock features secure fencing ready for your equestrian companions. Cast a line in the large fishing pond, enjoy wide open green space, or take advantage of the impressive 1,900 sq. ft. two stall barn, perfect for horses, hobby farming, storage, equipment, or workshop space. While some cosmetic updates and TLC could restore the pond area to its full glory, the hard to find combination of acreage, outbuildings, recreational features, and multi generational living opportunities make this property truly special. Enjoy the peace and privacy of country living while remaining just minutes from McCordsville's shopping, dining, and everyday conveniences. Properties offering this much land, functionality, and potential rarely become available. Whether you're dreaming of a hobby farm, equestrian estate, family compound, or private retreat, this one checks all the boxes. Don't miss your chance to own one of the area's most unique properties. Please see list of updates and features for more info!

Additional Information

Foundation
Crawl Space
Number of Fireplaces
1
Fireplace Description
Family Room
Stories
Two
Architecture
Traditional
Interior
Attic Access, Breakfast Bar, Entrance Foyer, In-Law Arrangement, Eat-in Kitchen, Walk-In Closet(s)
Exterior Amenities
Storage
Acres
7.03
Heat
Electric, Forced Air
Cooling
Central Air
Financing
Conventional, FHA, VA
Appliances
Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
Semi-Annual Taxes
$2,126
Garage
Yes
Garage Parking
Garage Door Opener, Other
Region
Buck Creek
Areas
Laundry in Unit, Living Room Formal
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC. Selling Office: BluPrint Real Estate Group.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative