OFF MARKET

Off Market Jun 2025 for $275K

$373,599

•

3,610

sq ft

257 N Letterman Rd, Paragon, IN 46166

About this home

Country Living with Space to Spare - and a Price You'll Love! New roof & windows in 2023. Dreaming of wide-open spaces and a home to call your own? Welcome to this charming 4-bedroom, 2-bath brick and stone ranch nestled on 3 scenic, rolling acres. With over 3,200 sq ft of living space and real hardwood floors throughout, this home combines classic beauty with room to grow. Step inside to find bright, spacious living areas and natural finishes that add warmth and character. The full, unfinished basement offers endless possibilities-create a game room, home gym, workshop, or guest suite...the choice is yours! Outside, enjoy your own slice of countryside with wooded acreage perfect for gardening, hiking, or simply unwinding under the trees. Whether you're looking to plant roots or just want some breathing room, this property offers incredible value Come see for yourself-there's so much bang for your buck, you'll be glad you made the move.

Single-familyProperty Type

1973Year Built

3 acresLot Size

$103Est. Price/Sq.Ft.

1 car garageParking

Listed by Laura Vermillion • Carpenter, REALTORS®

Contact: lvermillion@callcarpenter.com

Bought with Jami Elkins • Indiana Gold Group

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #22033768

Redfin Estimate

$373,599

$99K since sold in June 2025$10K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.6% lower than the average sale price ($404K) of 6 comparable homes.

SOLD JUN 30, 2026
$340,000
A
3 beds2 baths1,950 sq ft
8801 Squires Dr, Paragon, IN 46166
SOLD JUN 2, 2026
$550,000
B
4 beds2.5 baths2,870 sq ft
10825 W Wigal Rd, Paragon, IN 46166
SOLD JUN 18, 2026
$510,000
C
4 beds2 baths3,331 sq ft
5105 SR 42, Martinsville, IN 46151
SOLD JUL 7, 2026
$250,000
D
3 beds1.5 baths1,764 sq ft
3100 Fidler Rd, Gosport, IN 47433
SOLD MAR 2, 2026
$369,900
E
3 beds2 baths2,184 sq ft
5735 N Blazing Star Rd, Monrovia, IN 46157
SOLD AUG 31, 2026
$405,000
F
3 beds2 baths2,748 sq ft
7060 N Briarhopper Rd, Monrovia, IN 46157

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$2,761/mo

Redfin rental estimate

List your home for rent

Market trends in 46166, IN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

86.1%

0.0% MoM

Median sale price

$136K

$30 MoM

Avg. days on market

0 days MoM

Recently sold homes

0 MoM

Provided by Redfin

Sale history for 257 N Letterman Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #22033768

Jun 12, 2025

Sold

$275,000

$76/sq ft

May 3, 2025

Pending

—

Apr 21, 2025

Listed

$320,000

$89/sq ft

MIBOR as Distributed by MLS Grid #21393529

Mar 1, 2016

Sold

$125,000

$35/sq ft

Jan 25, 2016

Pending

—

Jan 7, 2016

Listed

$125,000

$35/sq ft

Why rent when you could own your own home in the country? Come home to 3 acres and 3200 sq ft including 4 bedrooms and 2 full baths for less than what many folks pay in rent. Beautiful, natural hardwood floors throughout this well-maintained, clean, brick and stone ranch. AND the possibilities for the unfinished basement are limitless. 3 wooded, rolling acres to play, garden, wander or just relax…you decide! Priced right! You won’t be disappointed with all the BANG you are getting for your buck.

MIBOR as Distributed by MLS Grid #21328912

Jun 19, 2015

Listing Removed

—

Feb 16, 2015

Price Changed

$128,400

$36/sq ft

Dec 18, 2014

Listed

$130,900

$36/sq ft

MIBOR as Distributed by MLS Grid #21264369

Jan 20, 2014

Listing Removed

—

Jan 17, 2014

Sold

$121,900

$34/sq ft

Nov 6, 2013

Listed

$129,000

$36/sq ft

MIBOR as Distributed by MLS Grid #21109402

Apr 18, 2011

Listing Removed

—

Mar 4, 2011

Listed

$135,000

$37/sq ft

MIBOR as Distributed by MLS Grid #2767442

Apr 20, 2009

Listing Removed

—

Oct 19, 2007

Listed

$148,000

$41/sq ft

MIBOR as Distributed by MLS Grid #2727107

Sep 26, 2007

Listing Removed

—

Apr 28, 2007

Listed

$159,900

$44/sq ft

MIBOR as Distributed by MLS Grid #2601193

Jul 2, 2006

Listing Removed

—

Jan 6, 2006

Listed

$165,000

$46/sq ft

MIBOR as Distributed by MLS Grid #2541269

Jan 2, 2006

Listing Removed

—

Jul 6, 2005

Listed

$170,000

$47/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,213 (−55.2%)

$50,100 + $249,400

$299,500

2024

$2,707 (+7.7%)

$50,100 + $249,400

$299,500

2023

$2,515 (+157.3%)

$50,100 + $226,900

$277,000

2022

$977 (+48.0%)

$42,100 + $220,900

$263,000

2021

$660 (+14.0%)

$42,100 + $176,300

$218,400

2020

$579 (−0.6%)

$29,000 + $139,200

$168,200

2019

$583 (+4.3%)

$29,000 + $128,100

$157,100

2018

$559 (+25.3%)

$24,000 + $127,700

$151,700

2017

$446 (−3.5%)

$24,000 + $105,500

$129,500

2016

$462 (−46.4%)

$24,000 + $105,500

$129,500

2015

$862 (+49.4%)

$24,000 + $105,500

$129,500

2013

$577

$24,000 + $107,000

$131,000

Tax history for 257 N Letterman Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,213 (−55.2%)

$50,100 + $249,400

$299,500

2024

$2,707 (+7.7%)

$50,100 + $249,400

$299,500

2023

$2,515 (+157.3%)

$50,100 + $226,900

$277,000

2022

$977 (+48.0%)

$42,100 + $220,900

$263,000

2021

$660 (+14.0%)

$42,100 + $176,300

$218,400

2020

$579 (−0.6%)

$29,000 + $139,200

$168,200

2019

$583 (+4.3%)

$29,000 + $128,100

$157,100

2018

$559 (+25.3%)

$24,000 + $127,700

$151,700

2017

$446 (−3.5%)

$24,000 + $105,500

$129,500

2016

$462 (−46.4%)

$24,000 + $105,500

$129,500

2015

$862 (+49.4%)

$24,000 + $105,500

$129,500

2013

$577

$24,000 + $107,000

$131,000

*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

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3 Acres

Year renovated

1973

Sq. Ft.

1,805

Year built

1973

Style

Single Family Residential

County

Morgan County

APN

55-07-36-400-003.000-018

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 8, 2026.

Agriculture District

This district is intended for agricultural uses and to protect and preserve the decreasing supply of farmland by discouraging urban development in primarily agricultural areas. Non-farm residential uses should be limited, when possible, to provide for large areas of contiguous farm land; All subdivisions require subdivision approval unless exempt See Section 5.B.5: Exempt Subdivisions; All new primary structures for commercial, industrial, and institutional uses require Development Plan approval. Only one primary use or primary structure dwelling unit per lot permitted; All development may be subject to Drainage Board approval.

Permitted uses

Include but are not limited to:

Equestrian facility
Livestock production
Religious facility
Housing-Single unit
Infrastructure
Office
Agriculture-Cropland
Cemetery
Park & open space

Property details

Parking

Parking Information
Garage SqFt: 280
Parking Features: Attached
Garage Spaces: 1
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 3610
Living Area: 1805
Main Level Sq. Ft.: 1805
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
# of Bedrooms Main: 4
Beds MU: 4
Bedrooms MU: 4

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 2
Full Bathrooms MU: 2
Primary Bathroom Description: Tub Full with Shower

Room 1 Information
Room Features: Hardwood
Room Dimensions: 13x12
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Features: Carpet
Room Dimensions: 14x12
Room Level: Main

Room 3 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 12x12
Room Level: Main

Room 4 Information
Room Type: Bedroom 3
Room Features: Hardwood
Room Dimensions: 12x10
Room Level: Main

Room 5 Information
Room Type: Bedroom 4
Room Features: Hardwood
Room Dimensions: 12x11
Room Level: Main

Room 6 Information
Room Type: Family Room
Room Features: Hardwood
Room Dimensions: 24x11
Room Level: Main

Room 7 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 15x13
Room Level: Main

Room 8 Information
Room Type: Laundry
Room Features: Carpet
Room Dimensions: 12x05
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 8
Rooms Basement: 1
# of Rooms: 9

Laundry Room Information
Laundry Features: Main Level

Basement Information
Has Basement
Basement Features: Full, Unfinished, Walk Out

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room, Woodburning Fireplce

Heating & Cooling
Heating Information: Forced Air, Heat Pump, Electric

Interior Features
Interior Features: Attic Access, Hardwood Floors, Wood Work Stained, Eat-in Kitchen
Appliances: Dryer, Electric Water Heater

Exterior

Building Information
Percent Optional Level Finished: 0

Exterior Features
Patio And Porch Features: Covered Porch

Farm Information
Horse Amenities: None

Property Information
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 3-5 Acres

Lot Information
Lot Size Acres: 3
Lot Features: Not In Subdivision, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Municipal/City
Solid Waste Information: No

Location

School Information
High School District: MSD Martinsville Schools

Location Information
Directions: GPS Friendly
Tax Legal Description: S36 T12 R2w Nw Se 3 A

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,805
Stories: 1.0
Lot Size: 3 acres
Style: Single Family Residential
Year Built: 1973
Year Renovated: 1973
County: Morgan County
APN: 55-07-36-400-003.000-018

Home facts updated by county records on Jul 8, 2026

Other

Listing Information
Attribution Contact: lvermillion@callcarpenter.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Brick, Stone
Levels: One

Around this home

Schools

Paragon Elementary School

Public PreK-4 • Assigned • 2.5mi

7/10

Martinsville High School

Public 9-12 • Assigned • 9.2mi

6/10

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

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Paragon, IN • 46166

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$355,000 – $430,000

Sell confidently with a local market expert in Paragon. 3 minutes to get started.

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Home values near 257 N Letterman Rd

Data from public records.

Address	Redfin Estimate
588 North Letterman Rd, Paragon, IN 3 Beds \| 3.5 Baths \| 3400 Sq. Ft.	$457,172
583 North Letterman Rd, Paragon, IN 3 Beds \| 2 Baths \| 1857 Sq. Ft.	$241,677

Address	Redfin Estimate
91 North Letterman Rd, Paragon, IN 3 Beds \| 1 Baths \| 2244 Sq. Ft.	$409,977
73 North Letterman Rd, Paragon, IN 2 Beds \| 1 Baths \| 1482 Sq. Ft.	$276,068

Address	Redfin Estimate
149 North Letterman Rd, Paragon, IN 3 Beds \| 1 Baths \| 1540 Sq. Ft.	$216,623
665 North Letterman Rd, Paragon, IN 3 Beds \| 2 Baths \| 1700 Sq. Ft.	$265,786

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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