Back 7487 West CR-500 North
Off Market

7487 West CR-500 North

McCordsville IN 46055

5
4
2
3178 sq. ft.
306227 sq. ft.
Single-Family
Last sold for $600,000
Summer HudsonSummer Hudson, last sold this property on 21 July 2026 after 45 days on market.

Overview

The unicorn property you've been waiting for has finally arrived! Nestled on over 7 acres in growing McCordsville and located within the highly regarded Mt. Vernon School district, this rare opportunity offers the perfect blend of residential comfort and agricultural flexibility. Boasting over 3,000 square feet, 5 bedrooms, and 4 bathrooms, this home provides room to spread out while offering a true In-law suite (or rental space) complete with its own entrance, bedroom, bathroom, kitchen and sunroom, making it ideal for multi generational living, guests, or private quarters. Inside, you'll find spacious living areas centered around a cozy fireplace and endless potential to make the home your own. The primary suite even offers the opportunity to create a stunning Juliet balcony overlooking the acreage and pond with a little vision and renovation. Outside is where this property truly shines. The homesite is fully fenced, while the horse paddock features secure fencing ready for your equestrian companions. Cast a line in the large fishing pond, enjoy wide open green space, or take advantage of the impressive 1,900 sq. ft. two stall barn, perfect for horses, hobby farming, storage, equipment, or workshop space. While some cosmetic updates and TLC could restore the pond area to its full glory, the hard to find combination of acreage, outbuildings, recreational features, and multi generational living opportunities make this property truly special. Enjoy the peace and privacy of country living while remaining just minutes from McCordsville's shopping, dining, and everyday conveniences. Properties offering this much land, functionality, and potential rarely become available. Whether you're dreaming of a hobby farm, equestrian estate, family compound, or private retreat, this one checks all the boxes. Don't miss your chance to own one of the area's most unique properties. Please see list of updates and features for more info!

Features

5 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
3178 sq. ft. floor area
306227 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in McCordsville over the last 12 months, the estimated median property value of 7487 West CR-500 North is $485k.

Median value
$485k
Estimated value range
$290k - $2.3m
Median days on market
24
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in McCordsville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7487 West CR-500 North

2026
Sold
$600,000
21 Jul 2026 by Summer Hudson

Happy sellers in McCordsville

86%
86% of sellers in McCordsville reported that their sale price either exceeded or met their price expectations.

McCordsville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in McCordsville over the last 12 months.

Local market activity for 5 bedroom single-family properties in McCordsville

In the last 12 months, 123 five-bedroom single-family properties similar to 7487 West CR-500 North, have been sold.

This represents a 7% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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