Residential

Milan, IN Residential Land & Home Lots for Sale

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Agricultural Land Parcel
Updated: Apr 23
Agricultural Land Parcel

N State Road 101, Milan, IN 47031

$199,900
12.45 AC lot
Large 12.45 acre property ideal for building a custom home.
Partially wooded acreage with established trail leading to a creek and open area.
Ample space for a spacious yard, outbuildings, pond, or mini farm.
Offers both privacy and recreational opportunities.
Prior septic approval is in place.
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LAND - Milan, IN
Updated: Mar 6
LAND - Milan, IN

Shawnee Trail lot: 11, Milan, IN 47031

$44,900
0.53 AC lot
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LAND - Milan, IN
LAND - Milan, IN

Connelley Street lot: 99,100,101,102, Milan, IN 47031

Contact for pricing
0.32 AC lot

Land · 0.32 Acres

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Milan, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Lot in Serenity Pines
Residential Lot in Serenity Pines

Liana Dr. lot: 5, Dillsboro, IN 47018

$39,900
0.26 AC lot

Vacant 0.26-acre lot in quiet Dillsboro neighborhood.

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Residential Lot in Serenity Pines
Residential Lot in Serenity Pines

Liana Dr. lot: 7, Dillsboro, IN 47018

$39,900
0.27 AC lot

0.27-acre residential lot in Dillsboro, Indiana.

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Residential Land in Aurora, Indiana
Residential Land in Aurora, Indiana

4 Plano Trail Lane lot: 4, Aurora, IN 47001

$124,000
4.80 AC lot

Spacious lots for custom homes with utilities available.

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LAND - Aurora, IN
LAND - Aurora, IN

5 Plano Trail Lane lot: 5, Aurora, IN 47001

$74,000
2.90 AC lot

Land · 2.90 Acres

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Milan, IN Residential Land & Home Lots Market Trends and Statistics

Explore 3 residential land & home lots for sale in Milan, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $268,700.

Sale prices for home sites in Milan, IN start at $23,900, averaging $89,566, and reaching up to $199,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 3
Agricultural land / Farmland 1
Residential land & home lots 1

Demographics Overview

Population 5,179
Population Growth (5Y) -3.3%
Median Household Income $67,520
College Educated 26.8%

High-Yield Neighborhoods for Investment

Identify Milan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47031 $124.9K

Taxes & Financing

Tax Rate (average for all types) 2.22%
Property Tax per SF $49.00 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ripley County

New Delisted

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