8421 E State Road 48
Milan, IN 47031
- 3 Beds
- 2 Baths
- 1,900 sqft (on 5.40 acres)
3 Beds
2 Baths
1,900 sqft
(on 5.40 acres)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.59 | Single-Family Home | $262,325 | 09/11/25 | 3 | 1 | 1,152 | |
0.59 | Single-Family Home | $184,000 | 11/10/25 | 3 | 1 | 1,296 | |
0.67 | Single-Family Home | $150,000 | 06/26/26 | 2 | 1 | 816 | |
1.46 | Single-Family Home | $627,410 | 01/28/26 | 3 | 2 | 1,880 | |
1.94 | Single-Family Home | $420,000 | 12/22/25 | 3 | 2.5 | 2,755 | |
1.72 | Single-Family Home | $220,000 | 11/21/25 | 3 | 1.5 | 2,136 | |
2.24 | Single-Family Home | $230,000 | 07/13/26 | 3 | 2 | 1,144 | |
2.35 | Single-Family Home | $279,500 | 11/25/25 | 3 | 2 | 1,372 | |
2.65 | Single-Family Home | $375,000 | 02/21/26 | 4 | 3 | 2,268 | |
2.34 | Single-Family Home | $520,000 | 06/08/26 | 3 | 3.5 | 4,386 |
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 |
|---|---|---|---|---|---|---|
0.01 | $274,500 | 3 | 1.5 | - | Off Market | |
0.52 | $144,900 | 3 | 1 | 1,224 | For Sale | |
0.61 | - | - | - | - | Off Market | |
0.78 | $251,100 | 3 | 2 | 1,512 | Off Market | |
0.90 | $375,400 | 3 | 2 | - | Off Market | |
1.20 | - | 3 | 2 | 1,456 | Off Market | |
1.36 | - | 3 | 2 | 1,560 | Off Market | |
1.41 | $173,600 | 3 | 1 | 984 | Off Market | |
1.46 | $285,900 | 3 | 1 | 1,760 | Off Market | |
1.46 | $323,800 | 2 | 1.5 | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1947
Lot Size
5.4 acres
Living Area
1,900 sqft
Parking
Garage
About this House
Convenient country living, less than 7 miles from I-74 at Sunman/Milan Exit! 1st time on the market! 3 Bdrm older home in good condition w/24x36 pole barn, 24x36 garage w/storage/workshop area on 2nd floor, plus utility shed all on 5+ acres with small pond! Only Cash/Conv. financing and all offers must have preapproval or proof of funds letter attached, no escalation clauses.
8421 E State Road 48, Milan, IN 47031 is a 3 bedroom, 2 bathroom, 1,900 sqft single-family home built in 1947. It is currently off market. The Trulia Estimate rent is $1,973/month.
Home Details for 8421 E State Road 48
|
|---|
Interior Details BasementAtticNumber of Rooms: 9 |
Heating & Cooling Air ConditioningCooling System: Central |
|
|---|
Exterior Home Features Roof: AsphaltFoundation Type: Crawl Raised |
Parking & Garage GarageParking Spaces: 4Parking: Garage Attached, Garage Detached |
|
|---|
Year Built Year Built: 1947 |
Property Type / Style Property Type: Single Family Home |
|
|---|
Lot Area: 5.40 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 5, 2022 Source: Huff Realty | ListingRemoved | |
Feb 2, 2022 Source: MLS of Southeastern Indiana #196507 | Listed For Sale | $194,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2014 | $528 | $164,600 |
Home facts updated by county records
Market trends in Milan
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
7
3MoM
Around this home
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
LGBTQ Local Legal Protections
Frequently asked questions about 8421 E State Road 48
- 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 8421 E State Road 48?The closest schools to 8421 E State Road 48 in Milan, IN are Milan Elementary School (rated 7/10), Milan High School (rated 8/10), Milan Intermediate School (Elementary, rated 7/10).
- Does 8421 E State Road 48 have air conditioning?Yes, 8421 E State Road 48 in Milan, IN has air conditioning.
- How big is the lot at 8421 E State Road 48?The lot at 8421 E State Road 48 in Milan, IN is about 5.4 acres.
- Does 8421 E State Road 48 have a garage?Yes, 8421 E State Road 48 in Milan, IN has a garage.

