7487 W 500 N, Mccordsville, IN 46055

• 5 beds |
• 4 baths |
• 3,178 sqft

Property Description

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!

Listing Status:

Pending

Data Last Updated:

July 5, 2026 at 3:20AM

Listing Office:

eXp Realty, LLC : 317-622-6575

Listing Agent:

Summer Hudson : 317-622-6575

MLS ID:

22106249

Interior

• General: Attic AccessBreakfast BarEntrance FoyerIn-Law ArrangementEat-in KitchenWalk-In Closet(s)
• Appliances: DishwasherDryerDisposalMicrowaveElectric OvenRefrigeratorWasherWater Heater
• Laundry: Connections AllLaundry RoomMain Level
• A/C: Central Air
• Heating: ElectricForced Air
• Fireplace: Family RoomFireplaces: 1

Exterior

• General: Storage
• Style: Traditional
• Other Structures: PorchGlass EnclosedPatio
• Parking: Attached

Construction

• General: TwoCrawl Space

Location

• Originating MLS: mibor
• School District: MSD Mount Vernon
• County: Hancock

Lot

• Zoning: N Ne 11-16-5 7.03Ac300511100001000006
• View: PasturePondRuralTrees/WoodsWaterView
• Fencing: Full

Utilities

• Utilities: Cable AvailableCable ConnectedElectricity ConnectedSeptic System200+ Amp Service
• Water: WellPublic

Financial

• Source: mibor