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Listing data was last updated from MyStateMLS Oct 29, 2026, 10:31 PM UTC. Some recent changes may not appear yet.
For saleReduced $39,900 from $579,900

$540,000

4 beds4,000 sq ft1.23 acres

7018 Swallow RoadCannelton, IN 47520

Homes, condos and townhomes · MLS 11738806 · Listed 179 days ago (May 4, 2026)

Deer Creek · Creek or stream · Waterfront, relationship not specified · Waterfront details

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For sale: Listed and available according to the MyStateMLS feed.

About this property

Motivated Sellers on this gorgeous waterfront home! Luxury Home with a FULL SEPARATE GUEST SUITE, Could be used as a short term rental or full time living. Welcome to your private oasis!! This stunning 4 bedroom, 4 bath home is meticulously well maintained!! This property offers the perfect blend of comfort, space, and natural beauty, all nestled on just over an acre in a highly desirable location situated on beautiful Deer Creek with front views of the Scenic Ohio River! Step inside and you will immediately notice the details, the rich hardwoods throughout this open concept living home, adding timeless elegance and warmth, along with the custom crown molding. The kitchen features custom cabinetry, countertops, stone backsplash, and stainless steel appliances. The spacious floor plan provides both grand entertaining and quiet relaxation. Beautiful natural lighting throughout the home! This home features a loft, multiple spacious living areas featuring five beautiful gas log fireplaces throughout the home. Outside entry to a very spacious living quarter, excellent for entertaining or a day you have been enjoying on the water/ fishing. ADT security and /Intercom system, and Fiber Optic to property. Excellent storage. Step onto the expansive screened in covered patio area, wonderful for entertaining and relaxing!

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The listing reports the property as waterfront but does not say how it meets the water. Ask the listing agent whether the parcel itself adjoins the shoreline.

Relationship to the water
Waterfront, relationship not specified
Water type
Creek or stream
Water body
Deer Creek (as reported)Name as reported by the listing (not matched to a mapped water body)
Frontage length
Not provided. Ask the listing agent.
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Dock reported
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.

The listing reports a dock. It does not say whether the dock is private, shared or transferable, or what boats it fits.

Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “Creek”: Describes the water without a frontage value.
  • PropertyTypeDetail “house”: Property form used to read the frontage relationship.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Cheryl Arnold of Dixon Realty.

Facts

List price
$540,000
Original list price
$579,900
Status
For sale
Property type
House
Bedrooms
4
Full baths
4
Interior area
4,000 sq ft
Lot size
1.23 acres
Year built
1994
Stories
2
Garage spaces
4
County
Perry County
MLS number
11738806
Annual property tax (2025)
$2,500

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Features

Interior

  • Walk-In Closet(s)
  • Master Downstairs

Exterior

  • Dock

Appliances

  • Stainless Steel Appliance(s)
  • Range
  • Microwave
  • Refrigerator
  • Dishwasher

Flooring

  • Tile
  • Hardwood

Basement

  • Walk-Out Access
  • Finished

Heating

  • Forced Air

Parking

  • Driveway

Roof

  • Asphalt

Water

  • Public (Water Source)

Sewer

  • Septic Tank

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Cannelton.

Price and status history

  • Original list price reported by the brokerage: $579,900

Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

Estimate a monthly payment

$108,000
Illustrative. Replace with a quote from your lender.
From the listing (tax year 2025). Taxes can change after a sale.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.

Estimated monthly payment

$3,097 per month

Principal and interest$2,731
Property tax$208
Homeowners insurance$158
Loan amount$432,000
Total interest over the term$550,992

An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

Similar waterfront listings nearby

Waterfront listings of the same property type and water type in Cannelton, priced within 25% of this listing ($405,000 to $675,000), newest first. Each one passes the same waterfront rules. See all matches

Photo 1 of 33, home at 7180 Swallow Rd, Cannelton, IN 47520
Under contractReduced $24,500

$585,500

3 beds3,340 sq ft2.27 acres

Creek or streamWaterfront, relationship not specified

7180 Swallow RdCannelton, IN 47520

Attached home · MLS 11846898

Listing courtesy of Turnkey Realty & Property Management · MyStateMLS

Questions to ask before you buy

Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

  1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
  2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
  3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
  4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
  5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
  6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
  7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
  8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
  9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

Guides and next steps

Listing courtesy of Dixon Realty. Listing agent: Cheryl Arnold. Listings provided by MyStateMLS.

Listing last updated by the brokerage Oct 20, 2026, 9:35 PM UTC. Waterfront Homes last received MyStateMLS data Oct 29, 2026, 10:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.