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301 S Elm Street, Hagerstown, IN
Located at 301 South Elm in the sought-after town of Hagerstown, this hillside home offers a rare 1.84-acre in-town lot. Because the home sits on a hill, the upper level serves as the main entrance from the driveway, providing elevated views over the spacious backyard. The main level features an open living room and kitchen, three bedrooms (one currently used as a home office), and a full bathroom with jacuzzi tub and shower. Sliding glass doors from the office lead to an upper patio deck overlooking the property. The fully finished lower level expands the living space with a primary bedroom suite featuring a full bath and large closets, an additional living room area, a laundry room with kitchenette, and a third bathroom with an attached storage closet. Two walkout doors provide convenient access to the back patio and wrap-around driveway, and large windows bring natural light while overlooking the backyard. Heating is provided by a fuel oil boiler with radiant heat, while cooling includes central air on the upper level and two mini-split systems on the lower level for individual temperature control. Additional features include an attached two-car garage with built-in shelving and an additional 1.5-car lower garage. The property also includes a renovated clubhouse with concrete floor, LED lighting, outlets, and insulation, a zip line, chicken coop, and lawn mower shed with additional storage. Backing up to a nature preserve and creek with no rear neighbors, this property offers space, privacy, and flexibility rarely found within town limits.
Property Type
Single Family
Style
Ranch
Year Built
1960
Lot Size
1.84 acres
Price / Sqft
$105
Days on Market
24 days
Full Baths
3
Subdivision
No Subdivision
MLS #
MBR22087631
Listing Type
Residential
Market
MIBOR
301 S Elm Street, Hagerstown, IN 47346 — Wayne County
Bryan Paugh
Legacy Real Estate Partners

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How this home compares across city, state, and national benchmarks
Listed at $319,000, this 4-bed house in Hagerstown is 176% above the Census median home value of $115,600 for Hagerstown. Compared to 2 other 4-bed homes in Hagerstown (averaging $240,950), this property is 32% above average. Indiana's median home value is $139,802, putting this listing 128% above the state benchmark. The U.S. national median home value is $334,900.
Hagerstown has a population of 1,710 with a median household income of $59,350 and a homeownership rate of 77.7%. The median home value is $115,600 and the median rent is $732/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data