Sold334d on market
5196 N London Rd
Fairland, IN, 46126 • 46126 • Shelby County
$160,000
$54/sqft
2Beds
1Baths
2,972Sqft
1.4 acLot
1940Built
Property DNA
Ranch Style
Built 1940 · 86 years of history
No Subdivision
46126
Outdoor Living
Covered
This home is in high demand
Listed 334 days ago · 18 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
18 views
People checking out this listing
334 days on market
Established listing
$54/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 1% 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 1940
Located in a serene countryside setting in Fairland, this property presents a unique blend of rural living and convenient access to nearby amenities. Located on 3 parcels for a total of 1.41 acres, this 2-bedroom, 1-bath home offers 1,312 sq ft of main-level living with a generously sized living room and a practical layout. The full 1,660 sq ft basement offers ample storage or workspace potential. The sizable outbuilding/barn on the property offers valuable and versatile options for storage, hobbies, or workshop use. Located in a peaceful country setting, the generous lot size offers endless possibilities for relaxation, outdoor activities, gardening, or future expansions. This home would qualify for a 203k loan and is perfect for someone who is handy, looking to make it their own. Just minutes from I-74, this property makes commutes to Indianapolis or Shelbyville a breeze, making it a practical option for commuters seeking space and privacy outside the city, or a great opportunity for those looking for a property in a quiet, country setting while staying connected to major routes and everyday conveniences. Don't miss the chance to make this property your own and enjoy the tranquility and space it has to offer.
Standout features identified
Our analysis highlights generous lot size, outdoor activities, and practical layout as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,050/month
Principal & Interest$837
Property Tax$160
Insurance$53
Down payment20% ($32,000)
3%50%
Est. 6.83% rate · 30yr fixed · $128,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1940
HeatingOil
CoolingCentral Air
ParkingCarport
Lot1.41 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1940
Stories1
Systems
HeatingOil
CoolingCentral Air
ConstructionVinyl With Stone
Water / SewerPrivate
Parking & Outdoor
ParkingCarport
Lot1.41 Acres
Location & Tax
Neighborhood46126
Annual tax$416
Parcel730501400019000018
Bathrooms & Fees
Full baths1
Features & details
9 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Eat-in Kitchen
Appliances
Dryer
Electric Oven
Refrigerator
Washer
Heating
Oil
Cooling
Central Air
Exterior Features
Exterior
Storage
Parking
Carport
Construction
Vinyl With Stone
Patio & Porch
Covered
Lot Features
Not In Subdivision
Rural - Not Subdivision
Mature Trees
Room details
4 rooms detailed
Master Bedroom
Main15.5×10.5 ft162.75 sqft
Bedroom2
Main14.5×11.5 ft166.75 sqft
Kitchen
Main15×8.5 ft127.5 sqft
Living Room
Main23×13 ft299 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market334
Est. value$164,400
Est. rent$1,249/mo
Tax rate0.70%
Price/sqft$54
On marketApr 12, 2025
PostedApr 12, 2025
Last sold$160,000
MLS statusSold
MLS updatedAug 26, 2025
Tour days6
Views18
How are the schools in Fairland?
3 schools rated nearby
Location
Fairland, IN, 46126
Price history
3 events
DateEventPrice$/sqftSource
May 9, 2025Sold$160,000$54MIBOR as distributed by MLS GRID
Apr 14, 2025Pending Sale$170,000$57MIBOR as distributed by MLS GRID
Apr 12, 2025Listed For Sale$170,000$57MIBOR as distributed by MLS GRID
Sold$160,000
May 9, 2025•$54/sqft•MIBOR as distributed by MLS GRID
Pending Sale$170,000
Apr 14, 2025•$57/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$170,000
Apr 12, 2025•$57/sqft•MIBOR as distributed by MLS GRID
Tax history
17 years of records
YearTax paidAssessed value
Apr 9, 2024$362$120,300
Apr 9, 2023$355$116,300
Apr 9, 2022$348$112,200
Apr 9, 2021$361$103,500
Apr 9, 2020$356$105,300
Apr 9, 2019$348$101,700
Apr 9, 2018$307$101,700
Apr 9, 2017$251$97,000
Apr 9, 2016$251$94,400
Apr 9, 2014$238$93,700
Apr 9, 2013$273$93,700
Apr 9, 2012$194$91,500
Apr 9, 2011$255$94,100
Apr 9, 2010$222$92,800
Apr 9, 2009$215$92,800
Apr 9, 2007—$85,800
Apr 9, 2006$288$70,500
Nearby homes
Neighborhood details
Local context around this listing
Fairland, IN • Shelby County
Nearby neighborhoods
LondonPleasant View
Nearby cities
BoggstownEdinburghFairlandFlat RockFountaintownGwynnevilleMorristownSaint Paul
Nearby zip codes
46126
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-09 12:22:54 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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