OFF MARKET

Off market nov 2022 for $136K

$161,320

•

1,092

sq ft

8561 N Spades Rd, Milan, IN 47031

About this home

Wonderful Country Setting! 4 wooded acres with 3BR, 1BA home on basement overlooking pond. Home needs some updates but has good bones. Hardwood floors, built in 1 car garage in basement, well water but is ready to be hooked up to city water, large detached garage/workshop, huge deck, and so much more. Needs a HVAC system. Being sold As-is. Tons of Potential! May qualify for an FHA 203K Rehab loan.

Single-familyProperty Type

1953Year Built

4 acresLot Size

$148Est. Price/Sq.Ft.

1 car garageParking

Listed by Eric Ginder • RE/MAX Advantage 1

Bought with Steve Woolum • Woolum Real Estate

Redfin checked: 2 minutes ago

•Source:SEIBR #198195

Redfin Estimate

$161,320

$25K since sold in November 2022$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 43.7% lower than the average sale price ($287K) of 6 comparable homes.

SOLD AUG 14, 2026
$168,000
A
3 beds1 bath1,156 sq ft
13932 Burns Rd, Milan, IN 47031
SOLD SEP 11, 2026
$365,000
B
3 beds2 baths1,421 sq ft
7880 E County Road 1100 N, Sunman, IN 47041
SOLD JUL 15, 2026
$400,000
C
3 beds2 baths1,176 sq ft
11445 State Road 48, Sunman, IN 47041
SOLD JUN 1, 2026
$182,000
D
3 beds1 bath1,377 sq ft
10770 N Stephens Ln E, Sunman, IN 47041
SOLD JUL 13, 2026
$230,000
E
3 beds2 baths1,144 sq ft
6789 E County Road 950 N, Sunman, IN 47041
SOLD AUG 26, 2026
$375,000
F
3 beds2 baths1,472 sq ft
19021 North Hogan Rd, Aurora, IN 47001

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Earn from this home

Rent

$2,159/mo

Redfin rental estimate

List your home for rent

Market trends in 47031, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.7%

0.8% MoM

Median sale price

$286K

$11K MoM

Avg. days on market

14d

4 days MoM

Recently sold homes

2 MoM

New listings for sale

$659,000
4 beds3.5 baths2,880 sq ft
7158 E County Rd 200 N, Milan, IN 47031
$550,000
4 beds2.5 baths3,240 sq ft
7263 E County Road 800 N, Sunman, IN 47041
See all

Provided by Redfin

Sale history for 8561 N Spades Rd

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Ripley County

APN

69-06-25-100-013.000-009

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Nov 15, 2023.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 1
Parking Features: Gravel

Interior

Bathroom Information
# of Full Bathrooms: 1

Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Heating: None

Interior Features
Appliances: Range, Oven, Electric Water Heater

Room Information
# of Rooms Total: 5
Has Basement
Basement Details: Full, Unfinished, Walk-Out Access

Exterior

Exterior Features
Patio And Porch Features: Deck
Roof: Shingle

Building Information
Levels: One
# of Stories Total: 1
Construction Materials: Vinyl Siding

Property Features
Has View
Other Structures: Workshop

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family

Lot Information
Lot Features: Wooded, Rolling Slope
Lot Size Dimensions: 4.0008
Lot Size Acres: 4.0008

Financial

Tax Information
Tax Annual Amount: $273.70

Utilities

Utility Information
Water Source: Well
Sewer: Septic Tank

Location

Schools Information
School District: Milan Community
Elementary School: Milan Elementary
High School: Milan High School

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Ripley County
APN: 69-06-25-100-013.000-009

Home facts updated by county records on Nov 15, 2023

Around this home

Schools

Milan Intermediate School

Public 5-6 • Assigned • 5.0mi

7/10

Milan Middle School

Public 7-8 • Assigned • 5.0mi

7/10

Milan High School

Public 9-12 • Assigned • 5.0mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

8/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 19 days in 30 years

2/10 Wind Factor

0% 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

Milan, IN • 47031

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 9.4 hours in June and 3.2 hours in December, placing it below the U.S. average for solar exposure.

9.4 hrs

3.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$154,000 – $186,000

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

Nearby similar homes

$575,000

3 beds1.5 baths2,576 sq ft

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FOR SALE BY OWNER

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707 W Pearl St, Batesville, IN 47006

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733 S Park Ave, Batesville, IN 47006

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New listings for sale in 47031

$659,000

4 beds3.5 baths2,880 sq ft

7158 E County Rd 200 N, Milan, IN 47031

$550,000

4 beds2.5 baths3,240 sq ft

7263 E County Road 800 N, Sunman, IN 47041

Home values near 8561 N Spades Rd

Data from public records.

Address	Redfin Estimate
8633 North Spades Rd, Milan, IN 3 Beds \| 2 Baths \| 1680 Sq. Ft.	$473,246
8829 North Spades Rd, Milan, IN 3 Beds \| 2.5 Baths \| 2421 Sq. Ft.	$376,176

Address	Redfin Estimate
8971 North Spades Rd, Milan, IN 2 Beds \| 2 Baths \| 1736 Sq. Ft.	$132,650
8561 North Spades Rd, Milan, IN 3 Beds \| 1 Baths \| 1092 Sq. Ft.	$291,734

Address	Redfin Estimate
8735 North Spades Rd, Milan, IN - Beds \| 2 Baths \| 1836 Sq. Ft.	$178,342
8911 North Spades Rd, Milan, IN 2 Beds \| 1.5 Baths \| 1920 Sq. Ft.	$233,822

Property information provided by SEIBR when last listed in 2022. This data may not match . Learn more.

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