
Sheldon Barnes
For Sale — 7487 W 500 N, McCordsville, IN 46055$600,000
Schedule a Showing5
Beds
4
Baths
3,178
Sq Ft
1973
Year Built
7.03
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 7487 W 500 N
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Mccordsville, Indiana and the rest of Hamilton County. Book a private tour of 7487 W 500 N in Buck Creek, ask any question about this home, or talk through what you should know about buying in Mccordsville.
ABOUT THIS HOME
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!
Key things to know
- Fireplace
- 7.03-acre lot
- Buck Creek subdivision
Monthly payment
Estimate · $600,000
$3,548/mo
≈ $3,193 principal & interest · $354 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $120,000 on a loan of $480,000.
Price history
- Listedat $600,000
Jun 5, 2026
Recent comparable sales

$459,000
9195 N Coral Reef Road
4bd · 3ba · 4,041 sqft
Sold Jun 2026

$572,000
5234 Pelion Place
5bd · 5ba · 3,792 sqft
Sold Jun 2026

$456,000
6206 W 900 N
4bd · 4ba · 3,943 sqft
Sold Jun 2026

$460,000
8644 N Deer Crossing Boulevard
4bd · 4ba · 4,104 sqft
Sold Jun 2026

$369,990
6671 Dunkirk Drive
4bd · 3ba · 2,396 sqft
Sold Jun 2026
Comparative value
5 comps in this range
This home is 31% above median for similar nearby sales.
Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$600,000Listed· Jun 5, 2026
7 days on market
Layout
Primary suite
Closet Walk in,See Remarks
Primary bath
Tub Full with Shower
Schools
MSD Mount Vernon
Neighborhood
- Fishers High School8.3 mi
- Conner Prairie8.4 mi
- Hamilton Southeastern HS9.2 mi
- Hamilton Town Center9.5 mi
- IU Health North Hospital9.9 mi
- Monon Trail (Carmel)11.6 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,178 sq ft
Year Built
1973
Stories
Two
Subdivision
Buck Creek
Bedrooms
5
Bathrooms
3 full, 1 half
Garage
2 spaces
School District
MSD Mount Vernon
