Make this your homestead! Remodeled ranch with luxury vinyl floors, new dishwasher, new a/c and furnace, new water heater and approximately 3.5 acres. Property has septic and well, so low utilities. Won't last long!
Single-familyProperty Type
2003Year Built
3.5 acresLot Size
$136Est. Price/Sq.Ft.
Listed by Timothy Catalano• Keller Williams Realty Service
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Market trends in 47031, IN
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
97.4%
1.3% MoM
Median sale price
$227K
$48K MoM
Avg. days on market
36d
18 days MoM
Recently sold homes
18
5 MoM
Provided by Redfin
Sale history for 6520 E State Road 48
Date
Event
Price
SEIBR #197276
Jun 24, 2022
Sold
$195,000
$117/sq ft
May 20, 2022
Listed
$190,000
$114/sq ft
SEIBR #197277
Jul 21, 2022
Sold
$215,000
$129/sq ft
May 20, 2022
Listed
$230,000
$138/sq ft
Beautiful land! 13 acres of tillable, and approx 11 acres of woods. Creek divides the two currently. Could be subdivided into a Rural Subdivision for 3 homesites, used as it is for a single homesite or kept in current use. Not currently rented.
Year
Property tax
Land + Additions
Assessment*
2025
$420 (−16.8%)
$26,000
2024
$505 (+21.7%)
$28,000
2023
$415 (−50.3%)
$22,200
2022
$835 (+19.2%)
$58,500 + $72,600
$131,100
2021
$701 (−60.6%)
$55,700 + $65,400
$121,100
2020
$1,779 (+1.8%)
$55,500 + $65,500
$121,000
2019
$1,748 (+2.2%)
$59,400 + $52,000
$111,400
2018
$1,711 (−0.2%)
$60,100 + $52,100
$112,200
2017
$1,714 (+3.9%)
$64,800 + $52,100
$116,900
2016
$1,649 (+3.6%)
$64,800 + $52,100
$116,900
2015
$1,592 (+8.0%)
$66,100 + $52,900
$119,000
2013
$1,474
$62,100 + $53,900
$116,000
Tax history for 6520 E State Road 48
Year
Property tax
Land + Additions
Assessment*
2025
$420 (−16.8%)
$26,000
2024
$505 (+21.7%)
$28,000
2023
$415 (−50.3%)
$22,200
2022
$835 (+19.2%)
$58,500 + $72,600
$131,100
2021
$701 (−60.6%)
$55,700 + $65,400
$121,100
2020
$1,779 (+1.8%)
$55,500 + $65,500
$121,000
2019
$1,748 (+2.2%)
$59,400 + $52,000
$111,400
2018
$1,711 (−0.2%)
$60,100 + $52,100
$112,200
2017
$1,714 (+3.9%)
$64,800 + $52,100
$116,900
2016
$1,649 (+3.6%)
$64,800 + $52,100
$116,900
2015
$1,592 (+8.0%)
$66,100 + $52,900
$119,000
2013
$1,474
$62,100 + $53,900
$116,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
24.01 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Mobile/Manufactured Home
County
Ripley County
APN
690625100005003009
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 16, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: Gravel
Interior
Bathroom Information
# of Full Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Heat Pump
Interior Features
Appliances: Dryer, Range, Oven, Refrigerator, Washer, Electric Water Heater
Room Information
# of Rooms Total: 9
Exterior
Exterior Features
Roof: Shingle
Building Information
Levels: One
# of Stories Total: 1
Construction Materials: Vinyl Siding
Property Features
Other Structures: Shed(s)
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family
Lot Information
Lot Features: Cleared
Lot Size Dimensions: 3.5
Lot Size Acres: 3.5
Financial
Tax Information
Tax Annual Amount: $889.64
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: 24.01 acres
Style: Mobile/Manufactured Home
Year Built: —
Year Renovated: —
County: Ripley County
APN: 690625100005003009
Home facts updated by county records on Oct 16, 2026
Around this home
Schools
Milan Intermediate School
Public 5-6 • Assigned • 5.3mi
7/10
Milan Middle School
Public 7-8 • Assigned • 5.3mi
7/10
Milan High School
Public 9-12 • Assigned • 5.3mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk 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)
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56
69
46
53
38
42
28
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.