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$647,900
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Property Description
Still Active! 21+ picturesque acres, this remarkable property offers a rare opportunity to enjoy country living w/o sacrificing convenience. Currently a private equestrian farm, featuring fenced pastures, a hayfield, pole barn, prof. installed outdoor ring, wash rack, round pen, and scenic 1-mi. trail thru open & wooded areas around the property. Beyond the noteworthy acreage and equestrian amenities, the property offers a lifestyle that is increasingly difficult to find. Gently rolling expansive fields, gardens, and recreational spaces create a setting that feels both peaceful and vibrant. Whether enjoying a morning ride, an evening walk along the wooded trail, gathering with friends on the deck, cutting wildflowers, hosting ATV races and hayrides, or simply taking in the views, this property offers endless year-round outdoor connection. Even still, the storybook front porch will draw new owners inside through the charming entry, into a cottage that feels both cozy and unexpectedly spacious. Vaulted beamed ceiling, a spectacular stone hearth, and wood-burning fireplace create warmth and character that are also enjoyed from the open dining area and onward to the expansive partially covered deck overlooking the gardens, outdoor ring, gently rolling pastures, hayfield & partially wooded acreage beyond. Back inside, the thoughtful split floorplan places the primary suite adjacent the kitchen & laundry rm, while 2 additional bedrooms & full bath are situated on the opposite side of the home. Addt'l opportunity awaits in the LL partially finished 1428sf walkout basement & 3/4 bath. At the heart of the property, the home serves as a welcoming centerpiece while the surrounding acreage offers endless potential - whether with livestock, hobby farming, recreation, gardening, multi-gen living, or just enjoying the peace. Given the opportunity to escape to this life while enjoying proximity to all of life's necessities, new owners will gain far more than real estate.
Full Property Details
Full Property Details for 16321 Colorado St
General
- Price: $647,900
- Taxes: $4,205 (2025)
- Status: Under Contract
- Type: Single Family
- Source: GNIAR
- MLS ID: 840238
- Updated: 10/6/2026
- Added to Site: 126 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Ceiling Fan(s), Vaulted Ceiling(s), Soaking Tub, Recessed Lighting, Open Floorplan, In-Law Floorplan, High Ceilings
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Electric Range, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Fire Pit, Storage, Rain Gutters, Private Yard, Other
Parking
- Garage Spaces: 4
- Parking Features: Detached, Oversized, Gravel, Driveway, Additional Parking, Other, Garage Door Opener
Location
- County: Lake
- Township: Eagle Creek
- Subdivision: Eagle Creek
- Driving Directions: Colorado Street runs North /South - 16321 Colorado Street is on the West side of the street. The Sentrilock is on the gate. The gate is to remain closed and no one is to enter or remain without their agent.
School Information
- High School District: Tri-Creek
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 2,503
- Year Built: 1993
Lot Features
- Lot Size (Acres): 21.91
- Lot Size (Sq. Ft.): 954,399.6
- Lot Features: Back Yard, Horses Allowed, Wooded, Rectangular Lot, Private, Near Public Transit, Other, Landscaped, Front Yard
- Zoning: residential
Financial Considerations
- Tax Amount: $4,205
- Tax Year: 2025
- Terms: Cash, USDA Loan, Other, Conventional
Disclosures and Reports
- Legal Description: N.367.54FT OF S.1322.13FT OF W.915FT OF SW1/4 S.12 T.33 R.8 7.72AC and N.468.92FT OF S.1322.13FT OF W.2038.71FT OF SW1/4 S.12 T.33 R.8 14.19AC
- Property ID: 452012300006000012
Listed by McColly Real Estate
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Schools
Schools serving 16321 Colorado St
School District:Tri-Creek School Corporation
| Name | Grades | Distance |
|---|---|---|
Three Creeks Elementary School 670 South Burr Street, Lowell, IN 46356 | K-5 | 6.2 mi |
Lowell Middle School, Lowell, IN 19250 Cline Avenue, Lowell, IN 46356 | 5-8 | 7.9 mi |
Lowell Senior High School, Lowell, IN 2051 East Commercial Avenue, Lowell, IN 46356 | 9-12 | 5.6 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 16321 Colorado St
Date
Details
Price
Change
Source
9/24/2026
Price Reduced
$647,900
-4%
MLS
9/23/2026
Price Increased
$674,900
0.03%
MLS
8/20/2026
Price Reduced
$674,700
-2.88%
MLS
6/25/2026
Price Reduced
$694,700
-7.36%
MLS
6/05/2026
Listed
$749,900
121.86%
MLS
11/22/2019
Sold
$338,000
—
Public Record
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 16321 Colorado St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,692
—
$399,800
6%
2024
$3,692
-48%
$378,800
1%
2023
$7,123
12%
$373,700
13%
2022
$6,341
116%
$330,300
20%
2020
$2,936
18%
$275,800
4%
2019
$2,478
—
$266,000
6%
2019
$2,478
10%
$250,900
3%
2018
$2,260
-4%
$244,300
1%
2017
$2,360
—
$241,300
—
2017
$2,360
3%
$241,500
2%
2016
$2,294
2%
$236,000
4%
2015
$2,253
-11%
$227,200
-1%
2013
$2,539
-9%
$229,400
-3%
2012
$2,795
—
$237,000
—
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 16321 Colorado St
16321 Colorado Street, Hebron, IN 46341 (MLS# 840238) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 16321 Colorado Street is currently listed for $647,900 and was received on June 05, 2026. Want to learn more about 16321 Colorado Street? Do you have questions about finding other Single Family real estate for sale in Hebron? You can browse all Hebron real estate or contact a Coldwell Banker agent to request more information.

