1026 S 500 W New Palestine IN 46163 MLS 21978078

Home Description: 1026 S 500 W

NO FLOOD INSURANCE NEEDED AS OF JUNE 2024!! Nestled among peaceful surroundings yet conveniently close to amenities, this stunning ranch-style home boasts nearly 3000 sq. ft. of living space on over an acre of land, with the renowned multi-use Pennsy Trail just steps away. One of the highlights of the property is a spacious 30 x 60 pole barn that has been converted into a rehearsal space and recording studio, catering to musicians from near and far. Featuring soundproof walls, upgraded insulation, dedicated 100-amp electric service, and efficient heating and cooling systems, the barn offers endless possibilities as a family gathering space, home theater, workshop, entertainment space, or home office. The sky is the limit. As you enter, a newly sealed driveway leads you to both the main residence and the barn, offering ample parking space. Enjoy the benefits of cost-effective private well and septic systems, as well as a meticulously renovated interior with thoughtful upgrades throughout. The home features 4 bedrooms, including a versatile space (the 4th bedroom) that can serve as an office or bonus room, 2.5 bathrooms, and multiple inviting living areas that seamlessly blend open-concept design with distinct zones for privacy and relaxation. Every corner of this home has been rejuvenated, from the fresh paint on the walls to the brand-new flooring and energy-efficient windows installed throughout. Additional features include a tankless water heater, new and updated furnaces and AC units in both the home and barn, and a newer utility shed. An elevation certificate is in place, eliminating the need for flood insurance (June 2024). Whether you're welcoming in-laws, accommodating younger and older children, or seeking a dedicated workspace and utility space, this property offers versatility and comfort for all your lifestyle needs. Step into this haven of space and tranquility, where every detail has been carefully considered to create a welcoming and inspiring retrea