Sold7d on marketHistoric · 156 yrs
516 S Main St
Bourbon, IN, 46504 • 46504 • Marshall County
$194,000
$191/sqft
3Beds
1Baths
1,015Sqft
0.77 acLot
1870Built
Property DNA
Ranch Style
Built 1870 · 156 years of history
None
46504
2-Car Garage
Detached
This home is getting attention
Listed 7 days ago · 162 views · 2 saves
Market activity
Demand and pricing signals for this listing
162 views
People checking out this listing
2 saves
Buyers have saved this home
7 days on market
Just listed — act fast
$191/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 31% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1870 · Historic
A RARE FIND in today’s market and ready for you to call home! This 3 bedroom, 1 bath property sits on a large lot just over 3/4 of an acre, offering plenty of space both inside and out. The home has seen numerous updates during the current ownership and features modern finishes throughout, along with a durable metal roof, updated interior, and newer central air. As you arrive, you’ll immediately notice the generous driveway with plenty of space for multiple vehicles, along with an oversized detached 2 car garage. Inside, the home welcomes you with a mudroom area that flows naturally into the dining space, which connects the kitchen and living room. The kitchen is both functional and inviting, while the bedrooms offer comfortable space for everyday living. The home also includes a convenient stackable washer and dryer. Step outside to the true highlight of the property. The backyard offers beautiful, level land that provides endless possibilities for outdoor enjoyment, gardening, entertaining, or simply enjoying the open space. If you’ve been looking for a property with space, updates, and functionality, this is one you won’t want to miss. Schedule your showing today!
Standout features identified
Our analysis highlights modern finishes throughout, durable metal roof, and mudroom area as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,273/month
Principal & Interest$1,015
Property Tax$194
Insurance$65
Down payment20% ($38,800)
3%50%
Est. 6.83% rate · 30yr fixed · $155,200 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1870
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking2 Garage spaces
Lot0.77 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1870
Stories1
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
ConstructionVinyl Siding
Water / SewerCity / City
Parking & Outdoor
ParkingDetached
Garage2 spaces
BasementCrawl Space,Block
Lot0.77 Acres
Location & Tax
Neighborhood46504
Annual tax$639
Parcel503324404302000002
Bathrooms & Fees
Full baths1
Features & details
8 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Laminate Counters
Eat-in Kitchen
Tub/Shower Combination
Appliances
Range/Oven Hook Up Gas
Dishwasher
Refrigerator
Washer/Dryer Stacked
Gas Range
Heating
Natural Gas
Forced Air
Cooling
Central Air
Laundry
Main Level
Exterior Features
Parking
Detached
Construction
Vinyl Siding
Lot Features
Level
Room details
4 rooms detailed
Bedroom1
MainBedroom2
MainKitchen
Main8×12 ft96 sqft
Living Room
Main12×12 ft144 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market7
Est. value$194,000
Est. rent$1,175/mo
Tax rate0.68%
Price/sqft$191
On marketMar 5, 2026
PostedMar 5, 2026
Last sold$194,000
MLS statusClosed
MLS updatedApr 1, 2026
Tour days6
Views162
Favorites2
How are the schools in Bourbon?
2 schools rated nearby
Location
Bourbon, IN, 46504
Price history
6 events
DateEventPrice$/sqftSource
Apr 1, 2026Sold$194,000—IRMLS
Mar 6, 2026Pending Sale$194,000—IRMLS
Mar 5, 2026Listed For Sale$194,000—IRMLS
Jan 16, 2018Sold$72,500—IRMLS
Dec 18, 2017Listed For Sale$75,000$74Ball Auction & Realty
Dec 18, 2017Pending Sale$75,000$74Ball Auction & Realty
Sold$194,000
Apr 1, 2026•IRMLS
Pending Sale$194,000
Mar 6, 2026•IRMLS
Listed For Sale$194,000
Mar 5, 2026•IRMLS
Sold$72,500
Jan 16, 2018•IRMLS
Listed For Sale$75,000
Dec 18, 2017•$74/sqft•Ball Auction & Realty
Pending Sale$75,000
Dec 18, 2017•$74/sqft•Ball Auction & Realty
Tax history
17 years of records
YearTax paidAssessed value
Apr 9, 2024$633$82,600
Apr 9, 2023$983$84,300
Apr 9, 2022$850$84,500
Apr 9, 2021$867$69,000
Apr 9, 2020$807$68,200
Apr 9, 2019$293$62,900
Apr 9, 2018$242$60,500
Apr 9, 2017—$56,300
Apr 9, 2016—$35,600
Apr 9, 2014—$35,500
Apr 9, 2013$600$36,000
Apr 9, 2012—$33,600
Apr 9, 2011—$29,700
Apr 9, 2010—$30,900
Apr 9, 2009—$31,400
Apr 9, 2006—$30,600
Apr 9, 2005—$32,600
Nearby homes
Neighborhood details
Local context around this listing
Bourbon, IN • Marshall County
Nearby cities
ArgosBourbonBremenCulverDonaldsonLa PazPlymouthTippecanoe
Nearby zip codes
46504
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