5240 E 500 S, Knox, IN 46534
OFF MARKET

5240 E 500 S
Knox, IN 46534

  • 3 Beds
  • 1 Bath
  • 1,882 sqft (on 2.49 acres)

$159,300

Trulia Estimate
as of Jul 24, 2026
Est. Refi. Payment $957/mo*
Refinance Your Home

$159,300

Trulia Estimate
as of Jul 24, 2026
Est. Refi. Payment $957/mo*
Refinance Your Home
3 Beds
1 Bath
1,882 sqft
(on 2.49 acres)

Local Information

  • Map ViewExplore the area around 5240 E 500 S.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1929
Lot Size
2.49 acres
Living Area
1,882 sqft
Price/Sqft
$85
Parking
Open Parking

About this House

OLDER FARMHOUSE WITH POLE BARN NEAR BASS LAKE - 1882 SF home with 3 bedrooms, large living room and partial basement. Includes 24'X40' pole barn and circular driveway. Beautiful setting on 2.49 acres near Bass Lake. 500 S.
5240 E 500 S, Knox, IN 46534 is a 3 bedroom, 1 bathroom, 1,882 sqft single-family home built in 1929. It last sold for $126,500 on Aug 12, 2024 (41% above the $89,900 asking price). It is currently off market. The Trulia Estimate is $159,300, with a rent estimate of $1,681/month.

Home Details for 5240 E 500 S

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Walk-Up AccessNumber of Rooms: 6Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1882 Square Feet
Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Levels: One and One Half
View
Has a ViewView: Rural

Exterior Features

Exterior Home Features
Exterior: None
Parking & Garage
No GarageNo Attached GarageHas Open ParkingParking: Circular Driveway
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 1882

Property Information

Year Built
Year Built: 1929
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 751012300026.100002

Price & Status

Price
List Price: $89,900

Location

Direction & Address
City: KnoxCommunity: None
School Information
Elementary School: Knox Community Elementary SchoolHigh School: Knox Community High SchoolHigh School District: Knox

Building

Building Area
Building Area: 1882 Square Feet

HOA

No HOA

Lot Information

Lot Area: 2.49 Acres

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 805519Above Grade Unfinished Area: 1882Below Grade Unfinished Area: 264
Last check for updates: about 6 hours ago
Listed by Jason Wampler
RE/MAX 1st Choice, (574) 772-5784
Bought with: Jason Wampler, RE/MAX 1st Choice, (574) 772-5784
Source: NIRA as distributed by MLS GRID, MLS#805519

Price History for 5240 E 500 S

DatePriceEventSource
08/12/2024$126,500Sold
NIRA as distributed by MLS GRID #805519
06/25/2024$89,900PendingIRMLS #202422166
06/18/2024$89,900Listed For SaleIRMLS #202422166
09/27/2016$32,500Sold
NIRA as distributed by MLS GRID #398413
07/26/2016$31,000Listed For SaleAgent Provided
05/11/2016$93,555Sold
N/A

Market trends in Knox

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
61
6MoM
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Property Tax and Assessment

Year2025
Tax$909
Assessment$97,100
Home facts updated by county records

Comparable Sales for 5240 E 500 S

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4880 S 550th Rd E, Knox, IN
0.35
Single-Family Home
$190,000
11/24/25
3
2
2,112
4880 S 550 E, Knox, IN
0.36
Single-Family Home
$190,000
11/20/25
3
2
2,112
5260 E Summerholme Dr, Knox, IN
0.39
Single-Family Home
$76,000
12/11/25
3
2
2,064
5397 S Elm St, Knox, IN
0.44
Single-Family Home
$170,000
04/01/26
3
1
960
5685 E Tulip Trl, Knox, IN
0.41
Single-Family Home
$65,000
08/22/25
3
1
560
4538 S County Road 210, Knox, IN
0.74
Single-Family Home
$282,000
09/26/25
3
2
1,292
4472 S County Road 210, Knox, IN
0.84
Single-Family Home
$463,050
04/17/26
4
3
2,348
6105 S State Road 10, Knox, IN
1.11
Single-Family Home
$380,000
05/22/26
3
2.5
2,317
4168 S County Road 210, Knox, IN
1.16
Single-Family Home
$471,000
08/29/25
3
2
2,868
5671 E Shady Ln, Knox, IN
1.57
Single-Family Home
$220,000
07/06/26
2
1
952

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Assigned Schools

These are the assigned schools for 5240 E 500 S.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Knox

At least 21 Trulia users voted on each feature.

  • 96 % Say yards are well-kept

  • 85 % Say parking is easy

  • 76 % Say there's holiday spirit

  • 75 % Say car is needed

  • 74 % Say it's dog friendly

  • 68 % Say people would walk alone at night

  • 66 % Say kids play outside

  • 64 % Say there's wildlife

  • 62 % Say it's quiet

  • 52 % Say it's walkable to restaurants

  • 50 % Say streets are well-lit

  • 48 % Say it's walkable to grocery stores

  • 46 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 44 % Say there are sidewalks

  • 32 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Shannonbanse
    "it's ok if you looked quiet and space. no one bothers you but the town loves it's gossip. very good schools love the schools"
    8
    Flag
  • Daisym56
    "I have visited this area several times and am considering moving here. It is quiet and people are friendly. There are several choices for dining and some shopping options "
    2
    Flag
  • mh
    "You need a car to commute. It’s mostly a summer time community. Not many jobs in the immediate area. Mostly residential. "
    0
    Flag
  • aprilturner85
    "This area is a nice place to live. Sure, we have theives and deliquent youth and adults, we have alcoholics and it's easier to hide a meth lab out here but we don't have daily/nightly murders, rapes, nor gang activity. We typically don't have a "bad" part of town. Our community can be jolted by a single death. Murder? MAYBE once a year in the whole county (includes several small towns). Knox has it's pro's and con's no different than any other small city, You CAN get a bad reputation and everyone will know it, just well as a good reputation. It's easy to become well known. There are about 4,500 people (in city limits) As you leave city limits, homes have large lots or many many acres. Farm animals produce odors and commit acts of reproduction without regard to human occupancy so expect no less. Shopping is limited. There's only 2 grocery stores (and one only carries off brands) There's several restaurants, a Family Dollar, Alco, and a Dollar General. If you want Walmart/Kmart its a 15-30min drive. Mall and city shopping are one to one and a half hour's drive +/- away to the north (South Bend/Mishawaka) to the west (Valparaiso/Merrillville) to the east (Warsaw then Fort Wayne) and to the south (Logansport). Chicago and Indianapolis are about 2 hours away. If you are from a large city PLEASE come visit for an extended stay before moving out here. It IS different. We are not intellectually slower than city folk...our lives are just a bit less complicated and laid back."
    0
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Apartments for Rent

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Homes for sale near 5240 E 500 S

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Off Market Homes Near 5240 E 500 S

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Based on information submitted to the MLS GRID as of 2026-07-24 10:42:51 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information