4947 E  State Road 48, Sunman, IN 47041
OFF MARKET

4947 E State Road 48
Sunman, IN 47041

  • Studio
  • 1 Bath
  • 1,372 sqft (on 23.35 acres)

$341,300

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,044/mo*

$341,300

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,044/mo*
Studio
1 Bath
1,372 sqft
(on 23.35 acres)

Home Value

Trulia Estimate
$341K
Since last month
Increased$9K (+2.7%)
Since last year
Increased$32K (+10.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +114% in the last 10 years
MonthEstimated value
2026
August 2026$341K
July 2026$332K
June 2026$331K
May 2026$324K
April 2026$319K
March 2026$327K
February 2026$311K
January 2026$318K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.35
Single-Family Home
$375,000
02/21/26
4
3
2,268
2.00
Single-Family Home
$230,000
07/13/26
3
2
1,144
2.17
Single-Family Home
$220,000
11/21/25
3
1.5
2,136
3.08
Single-Family Home
$252,500
10/10/25
4
1
1,837
3.47
Single-Family Home
$262,325
09/11/25
3
1
1,152
3.28
Single-Family Home
$950,000
04/16/26
8
4.5
5,258
4.11
Single-Family Home
$184,000
11/10/25
3
1
1,296
4.22
Single-Family Home
$549,900
04/30/26
3
3
2,948
4.11
Single-Family Home
$150,000
06/26/26
2
1
816

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.33
$650,000
3
2
4,246
For Sale
1.10
$681,000
3
2.5
3,600
Off Market
1.13
$140,000
4
1
1,746
For Sale
1.47
-
-
-
-
Off Market
1.48
$728,000
2
2
-
Off Market

Local Information

  • Map ViewExplore the area around 4947 E State Road 48.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1900
Lot Size
23.35 acres
Living Area
1,372 sqft
Price/Sqft
$249

About this House

This single-family home is located at 4947 E State Road 48, Sunman, IN. 4947 E State Road 48 is in Sunman, IN and in ZIP code 47041. This property has 1 bathroom and approximately 1,372 sqft of floor space. This property has a lot size of 23.35 acres and was built in 1900.
4947 E State Road 48, Sunman, IN 47041 is a studio, 1 bathroom, 1,372 sqft single-family home built in 1900. It is currently off market. The Trulia Estimate is $341,300, with a rent estimate of $1,416/month.

Home Details for 4947 E State Road 48

Interior Features

Interior Details
BasementAttic
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 23.35 acres

Price and Tax history

YearProperty taxTax assessment
2025
$2,680
$166,500
Home facts updated by county records

Market trends in Sunman

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
13
4
MoM

What Locals Say about Sunman

At least 2 Trulia users voted on each feature.
  • 100 % Say people would walk alone at night

  • 100 % Say kids play outside

  • 100 % Say yards are well-kept

  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 80 % Say it's quiet

  • 67 % Say there are sidewalks

  • 67 % Say streets are well-lit

  • 67 % Say it's walkable to restaurants

  • 50 % Say it's walkable to grocery stores

  • 50 % Say there's holiday spirit

  • 44 % Say neighbors are friendly

  • 40 % Say there's wildlife

  • 29 % Say they plan to stay for at least 5 years

  • 25 % Say it's dog friendly

  • 17 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Meer.anna
    "There’s a lot of space available for dogs to run around and play, and most everyone likes dogs. There’s no official dogs parks in the area, which might be a downside for some, but the community areas are well-kept and most everyone uses common sense for managing their dogs and their dogs’ interactions with other people. "
  • Philshomemaint
    "I've lived in this neighborhood my entire life. The neighbors are very friendly the neighborhood is safe there's lots of community events and get-togethers."
  • Hermine N.
    "Small community with a big heart! Great Firemans Festival annually. Near Interstate 74. County living with convenience of being close to Cincinnati (30miles), CVG airport 20 miles, Indianapolis (70 miles) Greensburg/Honda Plant (30 Miles.) "

LGBTQ Local Legal Protections

Frequently asked questions about 4947 E State Road 48

  • What is 4947 E State Road 48 estimated to be worth?
    Trulia's estimated value for 4947 E State Road 48 in Sunman, IN is $341,300.
  • Is Sunman a buyer's or seller's market?
    Sunman is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 4947 E State Road 48?
    The closest schools to 4947 E State Road 48 in Sunman, IN are Milan Elementary School (rated 7/10), Milan High School (rated 8/10), Milan Intermediate School (Elementary, rated 7/10).
  • Does 4947 E State Road 48 have air conditioning?
    Yes, 4947 E State Road 48 in Sunman, IN has air conditioning.
  • How big is the lot at 4947 E State Road 48?
    The lot at 4947 E State Road 48 in Sunman, IN is about 23.4 acres.

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Off Market Homes Near 4947 E State Road 48

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