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$174,900 $5,000on 11/15/2024

507 N Main Street Milan, IN  47031

  • 3 Beds
  • 1 Baths
  • 2,604 sq. Ft

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Property Description for 507 N Main Street Milan, IN 47031

Step into this modern, completely renovated home. Located in the heart of Milan, this 3-bedroom, 1-bathroom residence offers a fresh living experience. From the ceiling to the floors, every inch of this property has been renovated with quality finishes, creating a contemporary space that is both functional and aesthetically pleasing. Living and dining areas perfect for entertaining. New flooring, fresh paint, and updated LED lighting throughout. Brand new kitchen with appliances in great location, close to stores, schools and more. Large yard and off street parking with a nice front porch. This home is ready to move in - all you need to do is unpack.

Address:507 N Main Street Milan IN 47031
Status:Active
on site: 13 days
Price:$174,900
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,604
Year Built:1912
Lot Size:0.27
County: Ripley
Township: Franklin
MLS #:22009820
Property Type:Single Family Residence

Lot Dimensions:11892
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,036
Upper Level Sq. Ft. :784
Total Sq. Ft. :2,604
Basement:Yes

Loan Price
$1,066
Price And Interest $912/month
Property Tax $81/month
MTG INS $0/month
HOME INS $73/month
Price
$174,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$81/month
Home Owner Insurance
$876 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/15/24 $179,900 $174,900 -2.78%

RoomSizeLevel
Living Room 15x15 Main
Dining Room 11x15 Main
Kitchen 12x12 Main
Laundry 8x15 Main
Primary Bedroom 9x12 Main
Bedroom 2 9x14 Upper
Bedroom 3 13x14 Upper

Semi-Annual Property Tax:$484
Tax Year:2023
Mandatory HOA Fee:$

Area: 6905 - Ripley - Franklin
City:Milan
Subdivision: Wright & Bowers
Zip Code:47031

High School:Milan High School
Middle School:Milan Middle School
Elementary School:Milan Elementary School

Total Sq. Ft.:2,604
Interior Features:Hi-Speed Internet Availbl, Eat-in Kitchen
Interior Area(s):Utility Room
Eating Area(s):Dining Combo/Living Room
Appliances:Dishwasher, Dryer, Electric Water Heater, Electric Oven, Refrigerator, Washer
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Electric Water Heater, Electric Oven, Refrigerator, Washer
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Deanna Hill with Lincoln Realty, Inc from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/31/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Milan Market Report

35
Avg. DOM
$69.09
Avg. $ / Sq.Ft.
$ 179,900
Med. List Price

The house prices in Milan are indeed dropping at the moment. There has been a decrease in price of $0.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

There is no data available at this time for Milan.

The most popular place to buy a home in Milan is 6905 - Ripley - Franklin. 6905 - Ripley - Franklin is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Milan .

The average amount of property taxes you would have to pay for a home in Milan is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Milan are staying listed for an average of 59 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Milan was 23925 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Milan is $0. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Milan is $0 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Milan in year 2005 and the newest built house is in year 2005.

The average size of properties in Milan is 0 sq.ft. , the biggest one being null sq.ft. and the smaller being null sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.