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Land with Home for Sale in Rensselaer, Indiana

4381 US-231, Rensselaer, IN 47978

$419,400
5.38 acres
Active
$500 drop
Est $2,181/mo

MOTIVATED SELLER! WILL LOOK AT ALL OFFERS! Discover an exceptional opportunity with this open-concept ranch home set on a sprawling 5 acres, complete with a detached garage housing a two-bedroom apartment above! This remarkable property is brimming with potential and versatility. Step inside the main home to find a captivating living space, enhanced by a striking wood-burning stone fireplace and soaring vaulted ceilings. The well-designed split floor plan includes 2 to 3 bedrooms, with the third bedroom currently serving as a private office. This room offers exclusive access to the outdoor living area, elegant French doors leading to the main living space, and a magnificent double-trayed ceiling that adds to its charm. The kitchen is a chef's dream, boasting ample natural light and breathtaking views of the surrounding acreage. Tastefully updated with granite countertops, it provides a perfect setting for cooking and entertaining. Retreat to the expansive master suite, where you'll find generous space and additional heating in the en suite bathroom to create a truly relaxing oasis. But that's not all! Above the spacious and heated 2.5-car garage lies a two-bedroom, one-bathroom apartment, ideal for related living, an Airbnb rental, or your creative studio. With its own private entrance and a large balcony overlooking the vast grounds, this space is perfect for enjoying serene moments and inspiring views. Imagine the possibilities on these 5 acres--plenty of space for horses, livestock, or even a personal garden! Experience the charm of rural Indiana while enjoying easy access to major roadways for your daily commute. This is more than just a home; it's a lifestyle waiting for you to embrace! Act now and make this extraordinary property your own!

2,548
Sq feet
4
Beds
2
Full baths
1
1/2 bath
1997
Built

Location

Street address
4381 US-231
Community
Nelson's
School district
Kankakee Valley
Elevation
686 feet
Coordinates
41.0764, -87.1499

Directions

From State Rd 10 and HWY 231, Turn south on HWY 231, home is on the left just before county road 400 N.

Property details

Acreage
5.38 acres
MLS #
GNIAR 826222
Posted

Property taxes

2024
$1,513

Parcels

  • 371006000002001030

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Driveway, Garage, Heated
Structures
Storage
Features
Balcony

Structure

Stories
1
Heating
Central, Fireplace(s), Forced Air, Propane

Interior

Room Count
10
Rooms
Bathroom x 3, Bedroom x 4, Dining Room, Family Room, Kitchen, Laundry, Living Room, Office
Appliances
Dishwasher, Dryer, Gas Range, Microwave, Range, Refrigerator, Washer
Features
Ceiling Fan(s), Eat-In Kitchen, Granite Counters, High Ceilings, In-Law Floorplan, Open Floorplan, Tray Ceiling(s), Vaulted Ceiling(s)

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Nov 4, 2025Price drop$419,400$500 -0.1%GNIAR
Oct 5, 2025Price drop$419,900$5,000 -1.2%GNIAR
Aug 19, 2025New listing$424,900GNIAR
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This 5.38-acre property is located at 4381 US-231 in Rensselaer, IN 47978. The property is available for sale for $419,400. It has a 2,548 sq ft 4 bedroom, 2 bath house built in 1997.

Checked 41 mins ago — Updated

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