501 E  Carr St, Milan, IN 47031
Property image
Property image
OFF MARKET

501 E Carr St
Milan, IN 47031

  • 4 Beds
  • 2 Baths
  • 2,856 sqft (on 1.62 acres)

$296,000

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,746/mo*

$296,000

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,746/mo*
4 Beds
2 Baths
2,856 sqft
(on 1.62 acres)

Home Value

Trulia Estimate
$296K
Since last month
Decreased$1K (-0.3%)
Since last year
Increased$11K (+3.9%)
Since last sale
Increased$127K (+75%)
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 +76% in the last 10 years
MonthEstimated value
2026
August 2026$296K
July 2026$298K
June 2026$297K
May 2026$294K
April 2026$290K
March 2026$286K
February 2026$280K
January 2026$277K
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
0.04
Single-Family Home
$190,000
11/26/25
3
2
1,806
0.31
Single-Family Home
$230,000
07/09/26
3
1
1,728
0.21
Single-Family Home
$219,000
12/12/25
3
1
1,120
0.57
Single-Family Home
$239,900
04/06/26
4
2
2,961
0.82
Single-Family Home
$359,000
06/28/26
4
2.5
3,060
0.34
Single-Family Home
$210,000
10/24/25
3
2
1,040
0.51
Single-Family Home
$297,000
06/05/26
3
2
1,443
0.95
Single-Family Home
$450,000
07/27/26
4
2
3,192
0.46
Single-Family Home
$90,000
11/21/25
2
1
980
0.46
Single-Family Home
$240,000
08/20/25
2
1
988

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
0.11
-
4
2.5
1,663
Off Market
0.20
$23,900
-
-
-
For Sale
0.21
$219,000
3
1
1,120
Recently Sold
0.21
$176,900
3
2
1,323
Off Market
0.33
-
-
-
-
Off Market
0.42
$239,900
3
2
1,092
For Sale
0.45
$66,250
3
1
888
Recently Sold
0.46
$238,800
3
2
1,400
Off Market
0.50
$83,000
2
1
806
Off Market
0.51
$297,000
3
2
1,443
Recently Sold
0.55
$224,400
3
1
2,224
Off Market
0.52
$155,000
3
2
1,080
For Sale

Local Information

  • Map ViewExplore the area around 501 E Carr St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1922
Lot Size
1.62 acres
Living Area
2,856 sqft
Price/Sqft
$104
Parking
Garage

About this House

Well maintained 4 bedroom, 2 bath home on a corner lot with 1.62 acres. Recently updated throughout, huge walk in closets, mature trees, new privacy fenced in back yard, large rooms, stainless steel appliances, covered back porch, stamped concrete with brick patio, 2 car detached oversized garage that is great for storage, blacktop circle drive, stone firepit, extra bonus room that is used for craft room, and so much more.
501 E Carr St, Milan, IN 47031 is a 4 bedroom, 2 bathroom, 2,856 sqft single-family home built in 1922. It last sold for $169,250 on Oct 26, 2017. It is currently off market. The Trulia Estimate is $296,000, with a rent estimate of $1,827/month.

Home Details for 501 E Carr St

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Interior Details
Number of Rooms: 8
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt
Pool
Pool
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1.62 acres

Price and Tax history

DateEventPrice
Oct 22, 2020
Source: Agent Provided
ListingRemoved
$214,900
Oct 17, 2020
Source: Agent Provided
Pending
$214,900
Oct 16, 2020
Source: Agent Provided
Listed For Sale
$214,900
Oct 26, 2017
Source: MIBOR as distributed by MLS GRID #21495623
Sold
$169,250
Aug 18, 2017
Source: Agent Provided
PriceChange
$174,900
Price decreased by 5%

Market trends in Milan

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
7
3
MoM
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What Locals Say about Milan

At least 2 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say yards are well-kept

  • 83 % Say it's walkable to grocery stores

  • 83 % Say parking is easy

  • 71 % Say there are sidewalks

  • 60 % Say it's dog friendly

  • 60 % Say it's quiet

  • 60 % Say it's walkable to restaurants

  • 50 % Say streets are well-lit

  • 47 % Say neighbors are friendly

  • 43 % Say people would walk alone at night

  • 40 % Say there's holiday spirit

  • 38 % Say they plan to stay for at least 5 years

  • 29 % Say kids play outside

  • 25 % Say there's wildlife

  • 14 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 501 E Carr St

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Off Market Homes Near 501 E Carr St

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Frequently asked questions about 501 E Carr St

  • What is 501 E Carr St estimated to be worth?
    Trulia's estimated value for 501 E Carr St in Milan, IN is $296,000.
  • What is the price history for 501 E Carr St?
    501 E Carr St in Milan, IN last sold for $169,250 in October 2017.
  • Is Milan a buyer's or seller's market?
    Milan is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 501 E Carr St?
    The closest schools to 501 E Carr St in Milan, IN are Milan Elementary School (rated 6/10), Milan High School (rated 5/10), Milan Intermediate School (Elementary, rated 4/10).
  • Does 501 E Carr St have air conditioning?
    Yes, 501 E Carr St in Milan, IN has air conditioning.
  • Does 501 E Carr St have a pool?
    Yes, 501 E Carr St in Milan, IN has a pool.