47861, IN homes for sale & real estate

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ABOUT THIS HOME
47861, IN Homes for Sale
A Fresh Start Awaits at 8566 Fourth St, Merom You’ve been looking for a place where you can create something of your own something with potential, room to grow, and a chance to build exactly what you want. This property gives you that opportunity. Sitting on . 46 of an acre, this 1-bedroom, 1-bath fixer-upper is the perfect canvas for anyone wanting to invest, downsize, or start fresh. With a metal roof already in place and a nice pole barn for storage or projects, the essentials are here—you just bring the vision. The location is solid. The lot is generous. And the potential? Wide open. Whether you want to renovate, rent, flip, or create a simple peaceful space, this property

$30,000

1 bed1 bath864 sq ft

8566 Fourth St, Merom, IN 47861

Metal roof • Generous lot • Pole barn

ABOUT THIS HOME
47861, IN Homes for Sale
Welcome to this inviting 3-bedroom, 1-bath home located at 2067 S Fourth Street in Merom, IN. Offering 1,358 square feet of comfortable living space, this property blends functionality with small-town charm. The home features an enclosed front porch, perfect for relaxing year-round. Inside, you’ll find a well-laid-out floor plan with spacious bedrooms and a cozy living area. Outside amenities include a 1-car detached garage, carport, patio, and shed, providing plenty of space for parking, storage, and outdoor enjoyment. The nice yard offers room to garden, play, or entertain, all set in a quiet, peaceful town ideal for those seeking a slower pace of life. This property is full of pote

$114,900

3 beds1 bath1,358 sq ft

2067 S Fourth St, Merom, IN 47861

Shed • Carport • Patio

ABOUT THIS HOME
47861, IN Homes for Sale
If you’re looking for a lot with great potential in a small community, check out this one in Merom. The lot is approximately . 46 of an acre, located on a corner that has highway frontage. With close proximity to the Merom bluff and the town park, this is a great place for a new home. . Call a Realtor today with any questions.

$13,000

Land0.46 acre (lot)

2168 S 3rd St, Merom, IN 47861

Highway frontage • Corner lot

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ABOUT THIS HOME
47861, IN Homes for Sale
Looking for the perfect countryside retreat? This could be the one! Situated on 2.80 acres, this property offers plenty of room to enjoy country living. Features include a 30x40 pole barn, 3 bedrooms, 2 bathrooms, a living room plus family room, and a large country kitchen. Relax and enjoy the peaceful setting from the covered front porch or deck. Conveniently located on a paved road

$239,900

3 beds2 baths1,792 sq ft

5292 W St Rd 48, Fairbanks, IN 47849

30x40 pole barn • Covered front porch • Paved road

FOR SALE BY OWNER

ABOUT THIS HOME
47861, IN Homes for Sale
Handyman / Investor Special: Huge sweat-equity opportunity sitting on a generous 0.35-acre lot! This 4-bedroom, 1-bathroom home features 1,132 sq. ft. of living space and needs a full cleanout and rehab, making it an ideal fix-and-flip or long-term rental project. Recent Comps (Supporting ~$90K & acirc; & euro; & ldquo; $95K ARV) 310 E Harrison St, Palestine, IL: Sold for $93,000 (2 bed / 1 bath, 1,180 sq. ft. ) & acirc; & euro; & ldquo; Direct ARV benchmark. 308 S Pike St, Palestine, IL: Sold for $89,500 (4 bed / 2 bath, 1,308 sq. ft. ) & acirc; & euro; & ldquo; Similar 4-bedroom comp. 311 W Grand Prairie St, Palestine, IL: Sold for $78,000 &

$22,000

4 beds1 bath— sq ft

503 W Grand Prairie St, Palestine, IL 62451

Listed 21 days

FOR SALE BY OWNER

ABOUT THIS HOME
47861, IN Homes for Sale
Nice well built home 3 bedrooms 2 and 1/2 bathrooms. . full basement with gas fireplace. . 2 car garage. . has an extra lot

$189,000

3 beds3 baths1,535 sq ft

604 W Lamotte St, Palestine, IL 62451

Extra lot • Gas fireplace • Full basement

FOR SALE BY OWNER

ABOUT THIS HOME
47861, IN Homes for Sale
Ranch style 3 BR, 2 bath home on a larger lot for privacy while entertaining in in ground pool with slide plus hot tub. Updates throughout in 2026 including flooring, lighting, siding, new heat and central air & amp; updated kitchen. Detached 2 car garage and quiet dead end street with country atmosphere all around.

$231,000

3 beds2 baths1,616 sq ft

421 S Pike St, Palestine, IL 62451

Hot tub • Updated kitchen • In ground pool

ABOUT THIS HOME
47861, IN Homes for Sale
You want a home that gives you room to breathe, space to grow, and options for the future. This 1,836 square foot home delivers exactly that—set on 6 beautiful acres with a peaceful pond that turns everyday living into a retreat. Inside, you’ll find 3 comfortable bedrooms, 2 full bathrooms, and a flexible bonus room ready to become your home office, hobby space, or extra living area. The living space is anchored by a cozy gas fireplace, creating the perfect spot to gather and unwind. The home also features new kitchen cabinets, a new HVAC system installed in 2024, and a security system for added peace of mind. Step outside and experience where this property truly shines. Relax o

$384,000

3 beds2 baths1,836 sq ft

4158 W State Road 154, Sullivan, IN 47882

Cozy gas fireplace • Security system • Inviting front porch

ABOUT THIS HOME
47861, IN Homes for Sale
Located in the highly sought-after Graysville area of Sullivan County, this stunning custom-built 2½-story log cabin offers the perfect blend of rustic charm, comfort, and outdoor recreation on nearly 58 acres. Tucked away in the woods at the end of a private road, the home features a main-level primary suite, two loft bedrooms, 2 full baths, 1 half bath, a cozy fireplace, and a full basement with abundant storage and additional living space potential. The property boasts beautiful mature timber, a year-round creek that never runs dry, and approximately 5 acres of income-producing tillable ground. Sullivan County is well known for its exceptional hunting opportunities, and this area

$1,300,000

3 beds2.5 baths3,048 sq ft

3076 N Private Road 965 W, Merom, IN 47861

Private road • Mature timber • Full basement

Property at 507 E Market St, Palestine, IL 62451, 3 beds, 2 baths

$152,000

3 beds2 baths1,124 sq ft

507 E Market St, Palestine, IL 62451

Property at N York Rd, West York, IL 62478

$1,129,000

Land88.26 acres (lot)

N York Rd, West York, IL 62478

Property at Jackson St, Palestine, IL 62451

$5,000

Land0.56 acre (lot)

Jackson St, Palestine, IL 62451

Property at E 1150th Ave, Palestine, IL 62451

$539,000

Land154.00 acres (lot)

E 1150th Ave, Palestine, IL 62451

Property at 107 S Main, Hutsonville, IL 62433

$27,500

Land0.25 acre (lot)

107 S Main, Hutsonville, IL 62433

Property at W Levy Rd, Hutsonvillle, IL 62433

$700,000

Land276.00 acres (lot)

W Levy Rd, Hutsonvillle, IL 62433

Average home prices near 47861, IN

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Zip Codes

47861, IN real estate trends

$110K

Sale price

$84

Sale $/sq ft

Under list price

19.1%

Days on market

224

Down payment

—

Total homes sold

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