Welcome to this spacious two-story home offering 4 bedrooms, 3 full baths, and a full acre in the charming town of Milan, Indiana. Beautifully updated throughout, the home features granite laminate countertops, stainless steel appliances that remain, tile and laminate flooring, modern fixtures, and a farmhouse sink. The fully finished walkout basement provides an entire second living space, complete with its own kitchen and full bathperfect for guests, extended family, or entertaining. Additional highlights include an oversized 2.5-car garage with direct access to the kitchen, a convenient laundry room, a full-length covered front porch, and a private backyard retreat featuring a patio, deck with pergola, wooded surroundings, and an in-ground swimming pool with a brand-new pump system. The property also includes an established garden, and playground set. With so much space, versatility, and outdoor enjoyment, this beautiful home truly has it all. Schedule your private showing today!
For sale
Price cut: $20K (8/29)
$319,900
5481 N State Road 101, Milan, IN 47031
4beds
2,520sqft
Single Family Residence
Built in 1988
1 Acres Lot
$-- Zestimate®
$127/sqft
$-- HOA
What's special
- 45 days
- 563
- 44
Zillow last checked:
Listing updated:
Listed by:
Deborah S. Lakin,
Lohmiller Real Estate
Source: MLS of Southeastern Indiana,MLS#: 207943
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: GuestSuite w/ Ktchn
Primary bedroom
- Features: Bath Adjoins, Vinyl Plank, Walk-In Closet(s)
- Level: First
- Area: 270
- Dimensions: 18 x 15
Bedroom 2
- Level: First
- Area: 144
- Dimensions: 12 x 12
Bedroom 3
- Level: Second
- Area: 270
- Dimensions: 18 x 15
Bedroom 4
- Level: Second
- Area: 270
- Dimensions: 18 x 15
Bedroom 5
- Area: 0
- Dimensions: 0 x 0
Primary bathroom
- Features: Double Vanity, Shower
Dining room
- Area: 0
- Dimensions: 0 x 0
Family room
- Area: 0
- Dimensions: 0 x 0
Kitchen
- Features: Counter Bar, Eat-in Kitchen, Tile Floor, Walkout
- Area: 0
- Dimensions: 0 x 0
Living room
- Features: Built-in Features, Vinyl Plank
- Area: 0
- Dimensions: 0 x 0
Office
- Area: 0
- Dimensions: 0 x 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Microwave, Oven/Range, Refrigerator, Washer, Electric Water Heater
Features
- High Ceilings, Walk-In Closet(s)
- Flooring: Vinyl Plank
- Doors: Multi Panel Doors
- Windows: Double Pane Windows, Vinyl/Alum Clad
- Basement: Full,Finished,Walk-Out Access
Interior area
- Total structure area: 3,780
- Total interior livable area: 2,520 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Oversized, Attached, With Electric, Workshop in Garage, Driveway, Garage Door Opener, Gravel
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has private pool: Yes
- Pool features: In Ground
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Trees/Woods
- Frontage length: 175.00
Lot
- Size: 1 Acres
- Dimensions: 175 x 225
- Features: Landscaped
- Topography: Level
- Residential vegetation: Oak
Details
- Parcel number: 690912400007000009
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Gas: Propane Leased
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Hurst Sub
Location
- Region: Milan
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $207,200
- Annual tax amount: $993
- Date on market: 7/18/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,115/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Price change | $319,900-5.9%$127/sqft |
Source: MLS of Southeastern Indiana #207943 Report a problem | ||
| 8/19/2026 | Price change | $339,900-5.6%$135/sqft |
Source: MLS of Southeastern Indiana #207943 Report a problem | ||
| 8/4/2026 | Price change | $359,900-2.7%$143/sqft |
Source: MLS of Southeastern Indiana #207943 Report a problem | ||
| 8/3/2026 | Price change | $369,900-2.6%$147/sqft |
Source: MLS of Southeastern Indiana #207943 Report a problem | ||
| 7/28/2026 | Price change | $379,900-2.6%$151/sqft |
Source: MLS of Southeastern Indiana #207943 Report a problem | ||
| 7/18/2026 | Listed for sale | $389,900$155/sqft |
Source: MLS of Southeastern Indiana #207943 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $772 +13.7% | $207,200 +25.2% |
| 2024 | $679 -10.5% | $165,500 +8.1% |
| 2023 | $758 +14.2% | $153,100 -2% |
| 2022 | $664 -33.2% | $156,200 +5.8% |
| 2021 | $994 -12.1% | $147,700 -1.1% |
| 2020 | $1,131 -62.9% | $149,400 -0.5% |
| 2019 | $3,048 +3.6% | $150,200 |
| 2018 | $2,943 +8.3% | $150,200 +1% |
| 2017 | $2,718 | $148,700 -1.1% |
| 2016 | -- | $150,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47031
Nearby schools
Schools provided by the listing agent
- Elementary: Milan Elementary
- High: Milan High School
- District: Milan Community
Source: MLS of Southeastern Indiana. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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