5318 W Gas Line Road
Frankfort, IN 46041
- 3 beds
- 2 baths
- 1,738 sqft
- ~16 acre lot
- $302 per sqft
- 1980 build
One-of-a-Kind 16-Acre Retreat with Endless Charm. Discover the perfect blend of comfort, space, and natural beauty with this stunning 16-acre property. Meticulously maintained and thoughtfully designed, this one-of-a-kind home and property offers everything you've been dreaming of-and more. The home features 3 spacious bedrooms, 2 full bathrooms, an exercise room, and a generous 2-car garage. The bright and airy sunroom is the perfect spot to relax with a morning coffee or entertain guests in style. Enjoy cooking in the open-concept kitchen, which boasts an abundance of cabinetry and flows seamlessly into the dining area-ideal for hosting family gatherings and celebrations. The primary suite offers comfort and space, easily accommodating a king-sized bed, with a private full bathroom and ample closet storage. Step outside and fall in love with the property's unique features: multiple outbuildings, a peaceful pond, an above-ground pool, and captivating topography that offers both privacy and charm. This is more than just a home-it's a lifestyle. Whether you're seeking a private retreat or a place to create lasting memories, this property checks every box. Schedule your private showing today and experience the magic for yourself!
Last checked:
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Checking…
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Last updated Apr 14, 2025
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MLS# 22032336 —
The Building
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Year Built:1980
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New Construction:false
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Construction Materials:Vinyl Siding
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Architectural Style:TraditonalAmerican
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Levels:One
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Basement:false
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Foundation Details:Crawl Space
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Accessibility Features:No
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Green Certification:No
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Building Area Total:1738
Interior
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Rooms:6
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Rooms Total:6
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Rooms Total:6
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Interior Features:Cathedral Ceiling(s), Window Bay Bow
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Eating Area:Breakfast Room
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Fireplaces Total:1
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Fireplace Features:Living Room, Woodburning Fireplce
Room Dimensions
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SqFt:1738
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Main Level SqFt:1738
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Living Area:1738
Location
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Directions:GPS Friendly
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Latitude:40.323715
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Longitude:-86.595462
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:120525100005000020
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Acres:10-20 Acres
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Lot Size Acres:16.14
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Lot Size SqFt:703,146 Sqft
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Price Per Acre:32528
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Fencing:Chain Link
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 345-9806
- Office phone:
- (317) 873-1700
Taxes
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Tax Year:2024
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Tax Exemptions:Homestead Tax Exemption,Veteran Tax Exemption,Other Tax Exemption/See Remarks
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Semi Annual Property Tax Amt:750
Beds
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Beds:3
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Bedrooms:3
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Bedrooms Total:3
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Main Level Bedrooms:3
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Primary Bedroom Description:Closet Walk in
Baths
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Baths:2
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Full Baths:2
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Full Baths:2
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Full Baths Main:2
The Listing
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Disclosures:Relocation Controlled
Heating & Cooling
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Heating:Baseboard, Propane, Wood Stove
Utilities
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Water Source:Private Well
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Solid Waste:No
Appliances
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Appliances:Dishwasher, Electric Oven, Refrigerator
Schools
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High School District:Clinton Prairie School Corporation
The Community
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Subdivision Name:No Subdivision
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Association:false
Parking
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Parking Features:Attached
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Garage:true
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Garage Spaces:2
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Garage SqFt:668
Monthly cost estimate

Asking price
$525,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,811
|
Taxes | $125 |
Insurance | $144 |
Utilities | $170 See report |
Total | $3,250/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/14/25
Apr 14, 2025
|
Listed / Active | MIBOR | $525,000 |