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$2,307,500
14 Days On Site

7519 E 500 N
Falmouth, IN 46127

For Sale|Farm|Active
0
Beds
0
Total Baths
Subdivision:
No Subdivision
County:
Rush
Listing courtesy of Yazel Group Real Estate Sales 3175121533

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

7519 E 500 N7519 E 500 N7519 E 500 N7519 E 500 N
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Divisible, Historic 105.12-Acre Farm with Income and Venue Potential. Discover a rare opportunity to own a working farm nestled in a quiet, serene setting bordered by a neighboring tree farm. This unique property features 96 tillable acres, 5 grain bins, two barns, and a beautifully restored 1865 Civil War-era farmhouse. It combines timeless character with modern updates and offers strong annual income through tillable acreage and grain bin rental income. The fully furnished farmhouse includes carefully selected antiques and preserved architectural details such as original refinished shutters, transom-topped doorways, trim, and restored bed headboards. The main level features hardwood floors, a cozy family room with gas fireplace, new kitchen with granite countertops, stainless steel appliances, a cabinet pantry, mudroom, and a great room combining living and dining areas with a built-in hutch for formal silver and glassware. A grand open staircase with lush carpeting leads upstairs. The home includes two fully updated bathrooms and a main-level primary suite with a sitting room and adjacent laundry. Modern upgrades include new electrical and plumbing systems, new windows, original steel fireplace surround and mantel, and an HVAC system installed in 2018. Exterior improvements feature new Hardy Plank siding, architectural shingles, a private pavered patio, and an oversized garage with workbench. The basement has a new poured concrete floor and provides excellent storage and storm shelter functionality. New well was recently installed. Outbuildings include a large pole barn and an original timber-frame barn-both suitable for use as a wedding or event venue. Whether you're seeking a peaceful country residence, productive farmland, or a unique venue space, this historic property delivers unmatched charm and potential. Tillable farm ground can be split from house, barns, & bins for a negotiated price. House, barns, and bins, can be sold separately. 45X90 Pole barn

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Listing Snapshot
Price 
$2,307,500
Days On Site 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
105.12 Acres
Year Built 
N/A
MLS® Number 
22050547
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
105.12
Property Sub Type 
Farm
Sewer 
Septic Tank
Water Source 
Well
Zoning 
Agricultur
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Exterior Features
Lot Features 
ClearedLevel
Other Structures 
Barn(s)Grain StorageSee Remarks
Road Frontage 
County Road
Community Features
Financing Terms Available 
Lease Back
Horse Property 
None
MLS Area 
7006 - Rush - Union
Roads 
Asphalt
School District 
Rush County Schools
Township 
Union
Schools
School District
Rush County Schools
Elementary School
Unknown
Middle School
Benjamin Rush Middle School
High School
Rushville Consolidated High School
Listing courtesy of Yazel Group Real Estate Sales 3175121533



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2025-07-30 01:17 PM UTC. 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.

Copyright © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

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