Historic 1900 Farmhouse in Indiana Heads to Auction With 3 Bedrooms and 0.77 Acres

A historic farmhouse built in 1900 is scheduled to go up for auction in New Palestine, Indiana, offering potential buyers an opportunity to explore an older property with traditional character, a spacious interior, and a generous residential lot.

Located at 5538 W 300 S, New Palestine, IN 46163, the two-story home features three bedrooms, one full bathroom, one half bathroom, and approximately 2,232 square feet of reported living space. The property sits on approximately 0.766 acres and includes a covered porch, an attached two-car garage, and mature trees surrounding the lot.

According to the listing, the farmhouse will be offered at a multi-parcel real estate auction on October 28, 2026, at 12:00 noon. Another property at 5552 W 300 S in New Palestine is scheduled to be offered during the same event. Buyers should review the official auction terms to determine whether they can bid on either property individually or purchase both.

A Century-Old Farmhouse With Traditional Features

Built in 1900, the home represents an older style of residential construction that may appeal to buyers interested in historic properties and renovation projects. Although the listing identifies the house as a farmhouse, it does not establish whether the property has an official historic designation.

The reported 2,232 square feet of living space are spread across two levels. The primary bedroom is located on the main floor, while the other two bedrooms are upstairs. The listing reports bedroom dimensions of approximately 8 by 13 feet, 10 by 12 feet, and 5 by 9 feet. Buyers should verify these measurements and determine whether the smallest room meets applicable requirements for use as a bedroom.

The main level also includes a living room, a separate dining room, an eat-in kitchen, a laundry area, and additional office space. These rooms offer several possibilities for a future owner, although their current condition and suitability will need to be evaluated during a property visit.

The kitchen is reported to include ceramic tile, a gas oven, and a refrigerator. However, buyers should confirm which appliances will remain with the property and whether they are operational. The listing does not provide a complete renovation history or detailed information about the age of the kitchen fixtures and cabinetry.

Covered Porch, Attached Garage, and Nearly Three-Quarter-Acre Lot

Outside, the property occupies approximately 0.766 acres, equivalent to roughly 33,367 square feet. Its corner-lot location and mature trees contribute to the property’s outdoor setting.

The covered porch is another feature associated with the farmhouse’s traditional appearance. Its condition, dimensions, and maintenance requirements should be checked before purchase.

An attached two-car garage provides additional space for parking or storage, subject to its actual dimensions and condition. Buyers should inspect the garage doors, roof, structural components, and electrical connections.

The property is described as being outside a subdivision, with no homeowners association reported in the listing. Nevertheless, zoning regulations, easements, deed restrictions, and local building requirements may still apply. Anyone considering additional structures or changes to the property should verify what is permitted.

Heating, Cooling, and Foundation Details

The listing identifies natural gas heating, central air conditioning, a private water source, and a crawl-space foundation. Aluminum siding is reported on the exterior, and the property does not have a basement.

These details are particularly important when evaluating a home built more than a century ago. The listing does not provide a comprehensive inspection report confirming the condition of the roof, foundation, plumbing, electrical systems, heating equipment, or air conditioning.

Buyers should arrange appropriate professional inspections and request available maintenance records. They should also clarify the exact type of private water system and determine whether water-quality testing or other assessments are necessary.

Older properties can require repairs that are not immediately apparent during a viewing. Any renovation budget should account for the possibility of structural work, mechanical upgrades, and other improvements, without assuming that specific defects are present.

The Property Will Be Sold As Is

According to the listing, the farmhouse is being offered in as-is condition and is marketed as a potential renovation project.

An as-is sale generally means the seller is offering the property in its current condition, subject to the contract and applicable law. Buyers should not assume that the seller will complete repairs before closing.

The phrase “good bones,” sometimes used to describe older homes with perceived potential, should not replace a professional assessment of the building’s structural condition. A qualified inspector can help buyers understand the property’s current state and identify areas that may require further investigation.

Anyone planning substantial renovations should also contact the relevant local authorities to determine whether permits or inspections will be required.

Auction Date and Important Pricing Information

The advertised auction is scheduled for October 28, 2026, at noon. The listing also provides two preview opportunities: October 17 from 1:00 p.m. to 3:00 p.m. and October 21 from 4:00 p.m. to 6:00 p.m. Buyers should confirm the schedule with the auction organizer before making arrangements.

The displayed estimated price of $1 is not a confirmed selling price and should not be interpreted as an indication that the property will sell for that amount. The listing does not establish the final sale price or confirm a reserve price.

The property information reports a tax-assessed value of $242,600 and annual property taxes of approximately $1,756. These figures provide background information but do not establish the home’s current market value or predict the auction result.

Prospective bidders should obtain the complete auction terms and clarify registration requirements, deposit amounts, any buyer premium, closing deadlines, and other applicable fees. They should also investigate the title, outstanding taxes, liens, and any other obligations that could affect the purchase.

What Buyers Should Consider Before Bidding

The farmhouse may interest buyers who appreciate older residential architecture, as well as experienced renovators looking for a property they can improve over time. Its reported living area, covered porch, attached garage, and nearly three-quarter-acre lot are among the features worth evaluating.

However, the property’s age and as-is sale condition make due diligence especially important. Buyers should establish a realistic maximum bid based on the property’s condition, anticipated repairs, financing arrangements, and additional transaction expenses.

Anyone considering the property as a rental or resale investment should independently research local market conditions, renovation costs, and potential demand. The listing does not provide verified rental income estimates or guarantee future resale value.

Final Thoughts

This historic farmhouse at 5538 W 300 S in New Palestine, Indiana, combines a 1900 construction date with three bedrooms, one full bathroom, one half bathroom, and approximately 2,232 square feet of reported living space. The property also includes a covered porch, an attached two-car garage, mature trees, and approximately 0.766 acres.

Scheduled for a multi-parcel auction on October 28, 2026, the home presents an opportunity for buyers interested in evaluating an older property with renovation potential. The accompanying auction of a second nearby property may also be relevant to those exploring both listings.

Still, the final purchase price, building condition, and total cost of ownership remain uncertain. Buyers should verify the auction rules, inspect the property, and carefully estimate potential expenses before submitting a bid.

Property Details

• Address: 5538 W 300 S, New Palestine, Indiana 46163
• Year Built: 1900
• Property Type: Single-family farmhouse
• Bedrooms: 3
• Bathrooms: 1 full and 1 half
• Reported Living Area: 2,232 square feet
• Lot Size: Approximately 0.766 acres
• Stories: 2
• Garage: Attached, 2 spaces
• Foundation: Crawl space
• Heating: Natural gas
• Cooling: Central air
• Sale Condition: As is
• Auction Date: October 28, 2026
• Auction Time: 12:00 noon
• Displayed Estimated Price: $1, not a confirmed sale price
• Listing Brokerage: Huber Auction & Real Estate Group
• MLS Number: 22128511

Disclaimer: This article is based on the supplied listing information and is intended for general informational purposes. Property details, measurements, taxes, preview dates, and auction terms should be independently verified. The displayed $1 estimate does not represent a confirmed selling price or market valuation. No purchase price, investment return, or future property value is guaranteed.

Listed on Zillow