16321 Colorado Street, Hebron, IN 46341 (MLS# 840238)

16321 Colorado Street, Hebron, IN 46341

$674,700

A life without compromise... 21+ private, gently rolling acres, a charming 2856sf home, multiple decks, patio, 4+ car garage, pole barn, wash rack, round pen, outdoor arena, fenced pastures, a partially wooded trail, gardens - and more! All with convenient proximity to retail, restaurants, expressways, and hospitals.

Virtual Tour

https://youtu.be/nel2DbLzLPg?si=62p6OxMoTcfSowns

10'x20' Run In. Offered under a personal property agreement directly with the seller. Please contact listing agent for further detail.

4 stall 12'x40' shedrow with 8' doors and finished interior. Offered under a personal property agreement directly with the seller. Please contact listing agent for further detail.

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,503 Lot Size (sq. ft.): 954,400 Status: Active - First Right Contingency

Current Price: $674,700 List Date: 6/05/2026 Last Modified: 9/12/2026

Overview

Description

Still Active! 21+ picturesque acres, this remarkable property offers a rare opportunity to enjoy country living w/o sacrificing convenience. Currently a private equestrian farm, featuring fenced pastures, a hayfield, pole barn, prof. installed outdoor ring, wash rack, round pen, and scenic 1-mi. trail thru open & wooded areas around the property. Beyond the noteworthy acreage and equestrian amenities, the property offers a lifestyle that is increasingly difficult to find. Gently rolling expansive fields, gardens, and recreational spaces create a setting that feels both peaceful and vibrant. Whether enjoying a morning ride, an evening walk along the wooded trail, gathering with friends on the deck, cutting wildflowers, hosting ATV races and hayrides, or simply taking in the views, this property offers endless year-round outdoor connection. Even still, the storybook front porch will draw new owners inside through the charming entry, into a cottage that feels both cozy and unexpectedly sp ... (Read more)

Listing Details MLS# 840238

General Property Information

New Construction YN: No
Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Three Quarter: Yes
Bathrooms Total: 3
Rooms Total: 11
Above Grade Finished Area: 1428
Below Grade Finished Area: 1075
Below Grade Unfinished Area: 353
Living Area: 2503
Living Area Source: Assessor
Year Built: 1993
Garage YN: Yes
Garage Spaces: 4
Lot Size Acres: 21.91
Lot Size Square Feet: 954399.6
Lot Size Source: Survey
Association YN: No
Waterfront YN: No
Basement YN: Yes
Fireplace YN: Yes

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Stainless Steel Appliance(s); Washer Basement: Full; Interior Entry; Partially Finished; Storage Space; Sump Pump; Unfinished; Walk-Out Access Cooling: Ceiling Fan(s); Central Air Electric: 200+ Amp Service; Generator Exterior Features: Fire Pit; Private Yard; Rain Gutters; Storage; Other Fencing: Chain Link; Fenced Fireplace Features: Family Room; Wood Burning Flooring: Hardwood; Tile; Other Heating: Forced Air Interior Features: Ceiling Fan(s); High Ceilings; In-Law Floorplan; Open Floorplan; Recessed Lighting; Soaking Tub; Vaulted Ceiling(s) Levels: 1-Sty/Ranch/Bungalow Listing Terms: Cash; Conventional; USDA Loan; Other Lock Box Information: SentriLock Lot Features: Back Yard; Front Yard; Horses Allowed; Landscaped; Near Public Transit; Private; Rectangular Lot; Wooded; Other Other Structures: Barn(s); Garage(s); Storage Parking Features: Additional Parking; Detached; Driveway; Garage Door Opener; Gravel; Oversized; Other Patio And Porch Features: Covered; Deck; Front Porch; Patio; Porch; Rear Porch; Other Pool Features: None Possession: Close Of Escrow Roof: Asphalt Sewer: Septic Tank Special Listing Conditions: None Utilities: Electricity Connected; Natural Gas Connected; Water Connected View: Meadow; Pond; Rural; Trees/Woods; Other Water Source: Well Window Features: Blinds; Insulated Windows Room Types: Bedroom 2; Bedroom 3; Bonus Room; Dining Room; Family Room; Kitchen; Laundry; Other Room; Primary Bedroom

Contract Information

Original List Price: 749900
Auction YN: No
Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Seller to consider offering concessions: Yes
Owner Name: Baranko Stephanie Marie
Occupant Type: Owner

Location Tax and Legal

Street Number: 16321
Street Name: Colorado
Street Suffix: Street
County: Lake
State: IN
Postal Code: 46341
Subdivision Name: Eagle Creek

Remarks and Miscellaneous

Public Remarks: Still Active! 21+ picturesque acres, this remarkable property offers a rare opportunity to enjoy country living w/o sacrificing convenience. Currently a private equestrian farm, featuring fenced pastures, a hayfield, pole barn, prof. installed outdoor ring, wash rack, round pen, and scenic 1-mi. trail thru open & wooded areas around the property. Beyond the noteworthy acreage and equestrian amenities, the property offers a lifestyle that is increasingly difficult to find. Gently rolling expansive fields, gardens, and recreational spaces create a setting that feels both peaceful and vibrant. Whether enjoying a morning ride, an evening walk along the wooded trail, gathering with friends on the deck, cutting wildflowers, hosting ATV races and hayrides, or simply taking in the views, this property offers endless year-round outdoor connection. Even still, the storybook front porch will draw new owners inside through the charming entry, into a cottage that feels both cozy and unexpectedly spacious. Vaulted beamed ceiling, a spectacular stone hearth, and wood-burning fireplace create warmth and character that are also enjoyed from the open dining area and onward to the expansive partially covered deck overlooking the gardens, outdoor ring, gently rolling pastures, hayfield & partially wooded acreage beyond. Back inside, the thoughtful split floorplan places the primary suite adjacent the kitchen & laundry rm, while 2 additional bedrooms & full bath are situated on the opposite side of the home. Addt'l opportunity awaits in the LL partially finished 1428sf walkout basement & 3/4 bath. At the heart of the property, the home serves as a welcoming centerpiece while the surrounding acreage offers endless potential - whether with livestock, hobby farming, recreation, gardening, multi-gen living, or just enjoying the peace. Given the opportunity to escape to this life while enjoying proximity to all of life's necessities, new owners will gain far more than real estate.

Status Change Information

Major Change Timestamp: 2026-09-12T23:24:06Z
Major Change Type: Status Change
Price Change Timestamp: 2026-08-20T18:14:17Z
Status Change Timestamp: 2026-09-12
Contingent: Active - First Right Contingency
Offer Acceptance Date: 2026-09-11

More Information

Bathroom Totals

Basement 3/4: Yes
Main Full: 2

Exemption Information

Exemption YN: Yes
Exemptions: Homestead & Standard - Taxes for both parcels are included in the $4205.00 2025 total.

Fireplace Features

Fireplaces Total: Yes

Square Footage Information

Main Level Finished SqFt: 1428
Basement Level Finished SqFt: 1075

Showing Requirements

Showing Instructions: Showings only to preapproved qualified buyers that are verified by their agent. Please confirm proof of funds/ lender preapproval PRIOR to scheduling. Please schedule through ShowingTime with at least 24hrs notice; call/text listing agent with exceptions. The lockbox is located on the front gate. Please leave lights and fans as they were when you arrived. Please also lock all doors and secure the front gate after showing. Buyers and all others accompanying for a showing must meet their agent outside the front gate. They may not enter the property without their agent. All enter at their own risk and must be accompanied by their agent at all times. Pasture fencing is "hot"/ electrified - DO NOT TOUCH. Please do not enter pastures. Should potential buyers wish to enter pastures/ view shedrow barn /run in more closely, please reach out to LA to coordinate! There is a lot to this property, please reach out to Jen 219-742-3005 with anything! Thank you for showing! We look forward to your feedback!

Room Types

Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bonus Room Level: Basement
Dining Room Level: Main
Family Room Level: Main
Kitchen Level: Main
Laundry Level: Main
Other Room Level: Basement
Primary Bedroom Level: Main

Room Information

Room Name	Level	Length	Width	Remarks
Family Room	Main	16.90	17.00	Lovely welcoming space with hardwood floors, wood burning fireplace with stone hearth, beamed ceiling, open to dining and kitchen areas.
Dining Room	Main	10.30	13.10	Spectacular view through sliding door that leads to the phenomenal rear deck. Also open to family room and kitchen with hardwood floors, wood burning fireplace with stone hearth, beamed ceiling.
Kitchen	Main	12.20	9.80	Open to dining area, hardwood floors, leads to laundry room.
Laundry	Main	8.30	6.20	Hardwood floors and door that leads to large side deck and garage. Washer & dryer included.
Primary Bedroom	Main	13.20	13.60	Vaulted ceiling, expansive view to the front of the property, Italian slate flooring, closet with barn door, linen closet & beautifully renovated, spa-like ensuite bath. The primary bedroom has an estimated total 212sf. The room measurements shown exclude the 5'9"x6' bedroom entry that also features a linen closet.
Bedroom 2	Main	10.90	12.30	Bedrooms 2 & 3 have hardwood flooring and are situated on the right side of the split floorplan, adjacent to the 2nd main level renovated full bath.
Bedroom 3	Main	13.30	11.90	From the window seat of the 3rd main level generously sized bedroom is a lovely front property and pasture view. Bedroom 3 also features 2 closets. Bedrooms 2 & 3 have hardwood flooring and are situated on the right side of the split floorplan, adjacent to the 2nd main level renovated full bath.
Bonus Room	Basement	32.00	12.70	As seen in the photos, the partially finished lower level bonus space is open but can be defined as 2 living spaces. These measurements indicate that separation. Aside from an additional 2 smaller rooms, additional closets, and storage, the lower level also has is a 3rd bathroom with shower. All of this with exterior access through the door that is pictured at the far end of the bonus space. The lower level offers endless potential, including related living space, workout & office space, recreation, game, and family room space, as well as the addition of 4th & 5th bedrooms.
Bonus Room	Basement	12.00	16.80	As seen in the photos, the partially finished lower level bonus space is open but can be defined as 2 living spaces. These measurements indicate that separation. Aside from an additional 2 smaller rooms, additional closets, and storage, the lower level also has is a 3rd bathroom with shower. All of this with exterior access through the door that is pictured at the far end of the bonus space. The lower level offers endless potential, including related living space, workout & office space, recreation, game, and family room space, as well as the addition of 4th & 5th bedrooms.
Other	Basement	9.20	10.10	These smaller rooms in the lower level have closets and offer tremendous flexibility as potential office, work out, storage, or - with egress - 4th/ 5th bedrooms. Aside from the larger bonus spaces, additional closets, and storage, the lower level also has is a 3rd bathroom with shower. All of this with exterior access through the door that is pictured at the far end of the bonus space.
Other	Basement	13.10	10.10	These smaller rooms in the lower level have closets and offer tremendous flexibility as potential office, work out, storage, or - with egress - 4th/ 5th bedrooms. Aside from the larger bonus spaces, additional closets, and storage, the lower level also has is a 3rd bathroom with shower. All of this with exterior access through the door that is pictured at the far end of the bonus space.

Listing Office: McColly Real Estate

Last Updated: September - 12 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Why Create a Portal account?