Listing provided courtesy of eXp Realty, LLCMLS# MBR22106249MLS Provider
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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!

Source: MIBOR, MLS#: MBR22106249

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  • Property Type
    Residential
  • Lot
    7.03 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 7487 W 500 N


Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/22/2026Source: MIBOR Status Change
Pending
6/5/2026Source: MIBOR Added to Database
June 05, 2026