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$399,900
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Property Description
MOTIVATED SELLER! WILL LOOK AT ALL OFFERS! Discover an exceptional opportunity with this open-concept ranch home set on a sprawling 5 acres, complete with a detached garage housing a two-bedroom apartment above! This remarkable property is brimming with potential and versatility. Step inside the main home to find a captivating living space, enhanced by a striking wood-burning stone fireplace and soaring vaulted ceilings. The well-designed split floor plan includes 2 to 3 bedrooms, with the third bedroom currently serving as a private office. This room offers exclusive access to the outdoor living area, elegant French doors leading to the main living space, and a magnificent double-trayed ceiling that adds to its charm. The kitchen is a chef's dream, boasting ample natural light and breathtaking views of the surrounding acreage. Tastefully updated with granite countertops, it provides a perfect setting for cooking and entertaining. Retreat to the expansive master suite, where you'll find generous space and additional heating in the en suite bathroom to create a truly relaxing oasis. But that's not all! Above the spacious and heated 2.5-car garage lies a two-bedroom, one-bathroom apartment, ideal for related living, an Airbnb rental, or your creative studio. With its own private entrance and a large balcony overlooking the vast grounds, this space is perfect for enjoying serene moments and inspiring views. Imagine the possibilities on these 5 acres plenty of space for horses, livestock, or even a personal garden! Experience the charm of rural Indiana while enjoying easy access to major roadways for your daily commute. This is more than just a home; it's a lifestyle waiting for you to embrace! Act now and make this extraordinary property your own!
Full Property Details
Full Property Details for 4381 US-231
General
- Price: $399,900
- Taxes: $1,512 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 832283
- Updated: 2/11/2026
- Added to Site: 61 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Ceiling Fan(s), Vaulted Ceiling(s), Tray Ceiling(s), Open Floorplan, In-Law Floorplan, High Ceilings, Granite Counters, Eat-in Kitchen
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Balcony, Storage
Parking
- Garage Spaces: 2.5
- Parking Features: Detached, Heated Garage, Driveway, Additional Parking, Garage Door Opener
Location
- County: Jasper
- Township: Union
- Subdivision: Nelson's
- Driving Directions: From State Rd 10 and HWY 231, Turn south on HWY 231, home is on the left just before county road 400 N. Cross Street:
School Information
- High School District: Kankakee Valley
Heating & Cooling
- Heating Type: Central, Propane, Other, Forced Air
Structural Information
- Square Feet: 1,748
- Year Built: 1997
Lot Features
- Lot Size (Acres): 5.384
- Lot Size (Sq. Ft.): 234,527.04
- Lot Features: Few Trees, Horses Allowed, Rectangular Lot, Landscaped, Front Yard
Financial Considerations
- Tax Amount: $1,512.96
- Tax Year: 2024
- Terms: Cash, VA Loan, USDA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: NELSON'S SUBDIVISION LOT 1
- Property ID: 371006000002001030
Listed by BHHS Executive Realty
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Schools
Schools serving 4381 US-231
School District:Rensselaer Central School Corporation
| Name | Grades | Distance |
|---|---|---|
Rensselaer Central Primary School 1144 North Melville Street, Rensselaer, IN 47978 | PK-4 | 8.8 mi |
Van Rensselaer Elementary School 902 East Washington Street, Rensselaer, IN 47978 | 3-5 | 9.5 mi |
Rensselaer Middle School 1106 Bomber Boulevard, Rensselaer, IN 47978 | 6-8 | 9.7 mi |
Rensselaer Central High School 1106 East Grace Street, Rensselaer, IN 47978 | 9-12 | 9.8 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 4381 US-231
Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$399,900
-4.65%
MLS
1/01/2026
Listed
$419,400
—
MLS
Disclaimer: Historical sales 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 4381 US-231
4381 Us-231, Rensselaer, IN 47978 (MLS# 832283) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 4381 Us-231 is currently listed for $399,900 and was received on January 01, 2026. Want to learn more about 4381 Us-231? 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.

