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Property Description
Some homes are built to live in. Others are built to make you feel alive. This is one you'll never want to leave. Nestled in the peaceful countryside of Galena Township, this one-of-a-kind retreat is more than a home, it's an experience. Currently operating as a fully turnkey, income-producing Airbnb, this property comes completely furnished, allowing you to seamlessly continue its successful short-term rental business from day one or make it your own private sanctuary. Every corner of this artistic retreat reflects the creativity and craftsmanship of its owner, with handcrafted details thoughtfully woven throughout both the home and the grounds. Step inside to high ceilings, an updated kitchen, a beautifully renovated bath, and a warm, inviting one bedroom layout. Two charming loft sleeping areas provide additional accommodations, making this cozy retreat capable of hosting more guests than you'd expect. Outside, over 3 private acres invite you to slow down and reconnect. Wander peaceful trails beneath the trees, listen to the gentle creek winding through the property, and wake each morning to birdsong. Watch deer wander through the woods, wild turkeys cross the landscape, and frogs serenade the evening. This is the kind of place where you can truly exhale. Perfectly positioned for both relaxation and adventure, you're approximately 15 minutes from New Buffalo and the shores of Lake Michigan, about 30 minutes from Southwest Michigan's renowned wine country, and roughly an hour to an hour and a half from downtown Chicago, making it an ideal weekend escape or full-time haven. Whether you're looking for an investment that immediately generates income or a peaceful retreat to call your own, this extraordinary property offers the best of both worlds.
Full Property Details
Full Property Details for 8948 N 500 E
General
- Price: $299,000
- Taxes: $2,229 (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 842748
- Updated: 7/23/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Cathedral Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Refrigerator, Microwave, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Parking Features: Off Street, Driveway
Location
- County: La Porte
- Township: Galena
- Subdivision: none
- Driving Directions: 1000 N to 500 E and turn right
Heating & Cooling
- Heating Type: Baseboard, Propane, Forced Air
Structural Information
- Square Feet: 716
- Year Built: 1938
Lot Features
- Lot Size (Acres): 3.062
- Lot Size (Sq. Ft.): 133,381
- Lot Features: Back Yard, Wooded, Sprinklers In Rear, Sprinklers In Front, Private, Landscaped, Front Yard
Financial Considerations
- Tax Amount: $2,229
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 20-03-23-200-012 IN NE1/4 NE1/4 NE1/4 S23 T38 R2 3.062 A
- Property ID: 460323200012000048
Listed by Brokerworks Group
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Schools
Schools serving 8948 N 500 E
School District:New Prairie United School Corporation
| Name | Grades | Distance |
|---|---|---|
Prairie View Elementary School, Rolling Prairie, IN 6434 East 700 North, Rolling Prairie, IN 46371 | PK-5 | 2.5 mi |
New Prairie Middle School 5325 North Cougar Road, New Carlisle, IN 46552 | 6-8 | 4.5 mi |
New Prairie High School 5333 North Cougar Road, New Carlisle, IN 46552 | 9-12 | 4.1 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 8948 N 500 E
Date
Details
Price
Change
Source
7/23/2026
Listed
$299,000
—
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 8948 N 500 E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,301
2%
$113,900
-1%
2024
$2,265
1%
$115,100
6%
2023
$2,241
—
$108,500
-1%
2022
$2,251
-5%
$110,100
4%
2020
$2,369
—
$105,600
—
2019
$2,369
26%
$105,600
16%
2018
$1,882
13%
$91,100
2%
2017
$1,672
640%
$89,100
11%
2016
$226
—
$80,500
-2%
2015
$226
—
$82,200
—
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 8948 N 500 E
8948 N 500 E, Rolling Prairie, IN 46371 (MLS# 842748) is a Single Family property with 1 bedroom and 1 full bathroom. 8948 N 500 E is currently listed for $299,000 and was received on July 23, 2026. Want to learn more about 8948 N 500 E? Do you have questions about finding other Single Family real estate for sale in Rolling Prairie? You can browse all Rolling Prairie real estate or contact a Coldwell Banker agent to request more information.

