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$515,000 Just Listed
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Property Description
Step into a piece of Rensselaer's rich history with The Alfred Thompson Historic House, an extraordinary landmark built in 1879 and gracefully situated in the Milroy Park Historic District. Spanning over 7,000 square feet, this grand residence offers an unmatched combination of historic charm and architectural elegance. This 7 bedroom, 6 bathroom estate exudes timeless sophistication with its stately facade, intricate craftsmanship, and expansive living areas ideal for both grand entertaining and comfortable daily living. Soaring ceilings, original millwork, period details, and large windows bathe the interior in natural light, highlighting the home's enduring character. The thoughtfully designed layout provides generous spaces for gatherings, multiple parlors, formal dining, and inviting private quarters. Nestled within the picturesque Milroy Park Historic District, this home stands as one of Rensselaer's most distinguished architectural treasures, a once in a generation opportunity to own a true piece of history.
Full Property Details
Full Property Details for 120 S Park Ave
General
- Price: $515,000
- Taxes: $5,454 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 833983
- Updated: 2/13/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Crown Molding, Kitchen Island, High Ceilings
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Parking
- Garage Spaces: 4
- Parking Features: Detached, Garage Faces Front, Driveway
Location
- County: Jasper
- Township: Marion
- Subdivision: South Add
- Driving Directions: I-65 exit 215 onto SR-114, East on SR-114, turn right onto N Van Rensselaer St, right onto W Washington St, left onto S Park Avenue
Heating & Cooling
- Heating Type: Hot Water
Structural Information
- Square Feet: 7,098
- Year Built: 1877
Lot Features
- Lot Size (Acres): 0.55
- Lot Size (Sq. Ft.): 23,958
- Lot Features: Private
Financial Considerations
- Tax Amount: $5,454
- Tax Year: 2024
- Terms: Cash, Other
Disclosures and Reports
- Legal Description: SOUTH ADD LOTS 2, 3 & 4; ELY 15' S 1/2 LOT 9; ELY 15' LOTS 10 & 11; ALL IN BLK 1
- Property ID: 370730001011031027
Listed by Dream Team Agents, LLC
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Schools
Schools serving 120 S Park Ave
School District:Rensselaer Central School Corporation
| Name | Grades | Distance |
|---|---|---|
Van Rensselaer Elementary School 902 East Washington Street, Rensselaer, IN 47978 | 3-5 | 0.8 mi |
Rensselaer Central Primary School 1144 North Melville Street, Rensselaer, IN 47978 | PK-4 | 1.2 mi |
Rensselaer Middle School 1106 Bomber Boulevard, Rensselaer, IN 47978 | 6-8 | 0.9 mi |
Rensselaer Central High School 1106 East Grace Street, Rensselaer, IN 47978 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 S Park Ave
Date
Details
Price
Change
Source
2/13/2026
Listed
$515,000
—
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 120 S Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,454
-1%
$462,900
3%
2023
$5,512
6%
$451,300
11%
2022
$5,201
—
$405,200
7%
2020
$5,216
81%
$378,100
-1%
2019
$2,888
5%
$382,100
—
2018
$2,761
6%
$380,700
1%
2017
$2,612
5%
$377,600
1%
2016
$2,485
—
$374,400
1%
2016
$2,485
—
$372,500
—
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 120 S Park Ave
120 S Park Avenue, Rensselaer, IN 47978 (MLS# 833983) is a Single Family property with 7 bedrooms and 6 full bathrooms. 120 S Park Avenue is currently listed for $515,000 and was received on February 13, 2026. Want to learn more about 120 S Park Avenue? Do you have questions about finding other Single Family real estate for sale in Rensselaer? You can browse all Rensselaer real estate or contact a Coldwell Banker agent to request more information.

