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Land with Home for Sale in Milan, Indiana
Ripley County, Milan, IN 47031
$650,000
15.4 acres
pending
Under contract
Build your dream home or embrace the Barndominium lifestyle on nearly 16 acres, featuring a 4,400 sq. ft. barn with 3 bedrooms, each with walk-in closets, 2 full bathrooms, a spacious kitchen, living room, and laundry area. The property also includes approximately 2,200 sq. ft. of garage space, perfect for hobbies or projects. Utilities are already in place for a future home, offering endless possibilities for your dream retreat or additional development. Smaller Garage being used as a rec/family room with Heat and AC. New HVAC, roof, and windows
1,376
Sq feet
3
Beds
2
Full baths
1986
Built
Location
- County
- Ripley County
- Community
- Franklin
- School district
- Milan Community
- Elevation
- 970 feet
Property details
- Acreage
- 15.409 acres
- MLS #
- SEIBR 205978
- Posted
Parcels
- 69-08-05-800-017.000-009
Details and features
Listing
- Type
- Residential
Lot
- Vegetation
- Wooded
- View
- Lake
- Features
- Lake/ Pond
Exterior
- Parking
- Driveway, Off Street
- Features
- Wooded Lot
Structure
- Stories
- 2
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Electric, Forced Air
- Cooling
- Central Air
- Materials
- Post and Beam
- Roof
- Metal
- Windows
- Vinyl Frames
Interior
- Room Count
- 6
- Rooms
- Bathroom x 2, Bedroom x 3
- Appliances
- Dryer, Microwave, Oven/Range, Refrigerator, Washer
Nearby schools
| Name | Type | District |
|---|---|---|
| Milan Elementary | Elementary | Milan Community |
| Milan High School | High | Milan Community |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 9, 2026 | Under contract | $650,000 | — | SEIBR |
| Nov 4, 2025 | Price drop | $650,000 | $45,000 -6.5% | SEIBR |
| Oct 27, 2025 | Price drop | $695,000 | $55,000 -7.3% | SEIBR |
| Sept 24, 2025 | New listing | $750,000 | — | SEIBR |
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