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$319,900
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Property Description
This one has PLENTY OF ROOM with PLENT OF PRIVACY. Walk into your family room that is open to the kitchen & dining room. You also have a living room that has a bit of seclusion for those that have a different agenda. You have a great space in the basement for exercise, gaming, pool table, bar or mancave. There are bedrooms, 3/4-bathroom, storage & laundry room in the basement as well. A frost-free water hydrant. The apartment (formerly a garage) has 888 sq. ft. of space with its own furnace, central air & 100-amp electric panel. The 9' x 10' kitchen has a dishwasher, electric stove, refrigerator, dishwasher, clothes washer & dryer also included. 23' x 16' living area, 21' x 11'-bedroom, 21' x 11' utility room, 2 steel entry doors, 3/4 bathroom. Living in this location the Internet & Garbage pick-up is free.
Full Property Details
Full Property Details for 3218 E State Road 55
General
- Price: $319,900
- Taxes: $3,361 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 841062
- Updated: 8/4/2026
- Added to Site: 49 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Ceiling Fan(s), Laminate Counters, Kitchen Island
- Appliances: Dishwasher, Water Softener Owned, Microwave, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Fire Pit, Storage, Rain Gutters, Private Yard, Lighting
Parking
- Parking Features: Driveway, Gravel
Location
- County: Newton
- Township: Colfax
- Subdivision: Not Applicable
- Driving Directions: Take State Road 55 to Fair Oaks. House is on North side of the Road. Just East of S County Road 300 E.
School Information
- High School District: North Newton
Heating & Cooling
- Heating Type: Forced Air, Propane
Structural Information
- Square Feet: 3,360
- Year Built: 1964
Lot Features
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,120
- Lot Features: Back Yard, Horses Allowed, Wooded, Private, Front Yard
Financial Considerations
- Tax Amount: $3,361
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: PT SW SW SEC 34 T30N R8W 2 ACRES COLFAX TWP
- Property ID: 560834300004000003
Listed by McColly Real Estate
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Schools
Schools serving 3218 E State Road 55
School District:North Newton School Corporation
| Name | Grades | Distance |
|---|---|---|
Morocco Elementary School 310 South Lincoln Street, Morocco, IN 47963 | K-6 | 7.5 mi |
North Newton Jr-Sr High School 1641 West 250 North, Morocco, IN 47963 | 7-12 | 5.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3218 E State Road 55
Date
Details
Price
Change
Source
7/31/2026
Price Reduced
$319,900
-17.95%
MLS
6/22/2026
Listed
$389,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3218 E State Road 55
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,663
-21%
$372,900
-7%
2024
$3,361
-5%
$399,400
18%
2023
$3,528
106%
$338,900
83%
2022
$1,715
17%
$185,200
26%
2020
$1,464
7%
$147,200
—
2019
$1,372
-10%
$147,200
-2%
2018
$1,530
-1%
$150,300
-6%
2017
$1,550
35%
$160,600
-5%
2016
$1,152
—
$168,200
-1%
2016
$1,152
—
$169,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3218 E State Road 55
3218 E State Road 55, Fair Oaks, IN 47943 (MLS# 841062) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 3218 E State Road 55 is currently listed for $319,900 and was received on June 22, 2026. Want to learn more about 3218 E State Road 55? Do you have questions about finding other Single Family real estate for sale in Fair Oaks? You can browse all Fair Oaks real estate or contact a Coldwell Banker agent to request more information.

