Completely updated and sitting on a double lot just shy of half an acre, this home offers the perfect blend of modern updates and a peaceful, country-like feel — with no HOA. Inside, you’ll find fresh paint, updated flooring and carpet, new bath vanity and shower, and updated light fixtures throughout. The kitchen has been refreshed with new countertops, painted cabinets, tile backsplash and all appliances stay — including the washer, dryer, and even a deep freezer. Outside, the huge detached garage has a newer roof, siding, and a mini-split system already installed (just needs to be tied into power) — perfect for a workshop, hobby space, or extra storage. Additional upgrades include a brand new 5-inch well, vinyl windows, and all-new exterior doors. Located on a large corner lot with a partial privacy fence, this one is ready for you to move in and make it your own!
Single-familyProperty Type
1937Year Built
0.41 acresLot Size
$151Est. Price/Sq.Ft.
3 car garageParking
Listed by Lydia Sparling• Mike Thomas Assoc., Inc
Bought with Jeffery Holtsclaw• CENTURY 21 Bradley Realty, Inc
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Earn from this home
Sell
$46,355
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$2,116/mo
Redfin rental estimate
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Market trends in 46704, IN
Last updated September 2026
Sale-to-list price
--
Median sale price
--
Avg. days on market
--
Recently sold homes
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Provided by Redfin
Sale history for 11331 Reed St
Date
Event
Price
IRMLS #202601599
Feb 27, 2026
Sold
$224,000
$142/sq ft
Jan 21, 2026
Pending
—
Jan 15, 2026
Listed
$224,900
$142/sq ft
IRMLS #201504147
Jun 5, 2015
Sold
$69,900
$44/sq ft
Feb 3, 2015
Listed
$79,500
$50/sq ft
+25
USDA AREA 100% Financing may be Aval. .. .Recently Remodeled / New Kitchen / large lot / 4 bedroom / 1 bath / Appliances available / new flooring / high efficiency Furnace / Central air /easy to show /call today / Elementary school close / eat in kitchen / split bedroom design / loft area/central air and high efficiency furnace/replacement windows / awesome park down the street /Spanish lace ceiling / hardwood floors/steel entry doors/six panel doors/ceiling fan/
Public Records
Oct 10, 2007
Sold
$69,160
$44/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$500 (+3.8%)
$14,600 + $93,100
$107,700
2024
$482 (−13.0%)
$13,100 + $86,500
$99,600
2023
$553 (+51.7%)
$13,100 + $91,200
$104,300
2022
$365 (+7.3%)
$8,800 + $82,400
$91,200
2021
$340 (−5.0%)
$8,800 + $75,600
$84,400
2020
$358 (+17.4%)
$9,000 + $75,600
$84,600
2019
$305 (−2.2%)
$9,000 + $69,400
$78,400
2018
$312 (−78.4%)
$9,000 + $69,600
$78,600
2017
$1,445 (−18.9%)
$9,000 + $83,400
$92,400
2016
$1,782 (+0.3%)
$9,000 + $83,400
$92,400
2015
$1,776 (−14.5%)
$9,000 + $79,800
$88,800
2013
$2,077
$9,000 + $81,000
$90,000
Tax history for 11331 Reed St
Year
Property tax
Land + Additions
Assessment*
2025
$500 (+3.8%)
$14,600 + $93,100
$107,700
2024
$482 (−13.0%)
$13,100 + $86,500
$99,600
2023
$553 (+51.7%)
$13,100 + $91,200
$104,300
2022
$365 (+7.3%)
$8,800 + $82,400
$91,200
2021
$340 (−5.0%)
$8,800 + $75,600
$84,400
2020
$358 (+17.4%)
$9,000 + $75,600
$84,600
2019
$305 (−2.2%)
$9,000 + $69,400
$78,400
2018
$312 (−78.4%)
$9,000 + $69,600
$78,600
2017
$1,445 (−18.9%)
$9,000 + $83,400
$92,400
2016
$1,782 (+0.3%)
$9,000 + $83,400
$92,400
2015
$1,776 (−14.5%)
$9,000 + $79,800
$88,800
2013
$2,077
$9,000 + $81,000
$90,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
1
Stories
1.5
Lot width
—
Lot depth
—
Lot size
0.41 Acres
Year renovated
1973
Sq. Ft.
1,583
Year built
1937
Style
Single Family Residential
County
Allen County
APN
020628452002000049
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
R1
AOD
AOD
Single Family Residential District
The Single Family Residential district is intended to create and maintain areas for single family residential uses on individual lots or tracts and to provide for a variety of areas for single family neighborhoods, along with certain additional uses.
Zone overlays
Airport Overlay District
Airport Overlay Districts
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Housing-Group
Housing-Single unit
Recreation
Neighborhood center
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 3
Parking Features: Garage Door Opener, Garage, Detached
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Central Air, Other
Has Heating
Heating: Natural Gas, Forced Air
Interior Features
Appliances: Disposal, Dishwasher, Microwave, Refrigerator, Washer, Freezer, Water Softener Owned, Gas Range, Dryer
Room Information
# of Rooms Total: 6
Laundry Features: In Basement
Has Basement
Basement Details: Full
Exterior
Building Information
Above Grade Finished Area: 1,583
# of Stories Total: 2
Construction Materials: Vinyl Siding
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Site-Built Home
Lot Information
Lot Features: Level
Lot Size Dimensions: 120 x 150
Lot Size Acres: 0.41
Financial
Tax Information
Tax Annual Amount: $1,053.24
Utilities
Utility Information
Water Source: Private, Well
Sewer: Public Sewer
Location
Schools Information
School District: Northwest Allen County
Elementary School: Arcola
Middle Or Junior School: Carroll
High School: Carroll
Location Information
Directions: From Arcola Road, turn at the post office onto Centre Street. Then take a right on Reed.
Subdivision Name: Peabodys
Public facts
Beds: 4
Baths: 1.0
Sq. Ft.: 1,583
Stories: 1.5
Lot Size: 0.41 acres
Style: Single Family Residential
Year Built: 1937
Year Renovated: 1973
County: Allen County
APN: 020628452002000049
Home facts updated by county records on Oct 5, 2026
Other
Listing Information
List AOR: Upstate Alliance of REALTORS
Around this home
Schools
Arcola School
Public K-5 • Assigned • 0.2mi
8/10
Carroll Middle School
Public 6-8 • Assigned • 8.5mi
7/10
Carroll High School
Public 9-12 • Assigned • 7.8mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Arcola, IN • 46704
Average low and high temperatures (°F)
29
15
37
22
57
35
64
44
70
50
82
62
86
67
80
61
79
54
68
45
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11 hours in
June and 3.3 hours in December, which is comparable to the
U.S. average for solar exposure.
11 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$228,000 – $276,000
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