3 Bed, 2 Bath Home on 23+/- Acres with Barn,
Pond & Former Landing Strip
Online Real Estate Auction
1993 S CR 550 E, Milan, IN 47031
Online Bidding Ends:
Tues., Nov. 12th, 6 PM ET
(Subject to auto-extend)
Real Estate Showing:
Sun., Nov. 3rd, 1-4:00 PM ET
This will be the only showing! Please plan on attending if you have interest in the property!
Real Estate Info:
Escape to your own slice of paradise with this 3-bedroom, 2-bath manufactured home set on 23+/- picturesque acres, perfect for equestrians, nature lovers, hobby farmers, and those seeking a tranquil lifestyle. With underground electric lines and a former landing strip, this property will appeal to aviation enthusiasts, as well. Although the coordinates have been changed, this property did have an FAA approved active runway on-site until 2021. Although this area is currently fenced pastures for horses, it could be converted back into a landing strip for ultralights, small home-built aircraft or helicopters.
The acreage is improved with a 960 sf vinyl sided home that features comfortable living spaces with a family room, dining area, three bedrooms and two bathrooms with convenient tub/shower combos. The kitchen is equipped with a refrigerator, Maytag stainless steel dishwasher, GE electric range and double stainless steel sink. The laundry area includes a washer and dryer. For relaxation, step out the back door to unwind in the gazebo (with water), which overlooks a stocked pond and makes a perfect spot for summer gatherings or quiet evenings.
The property is further improved with a substantial 30' x 50' barn, complete with electric, water, and a durable cement floor, along with an additional 30' x 50' lean-to for extra storage or livestock shelter. In addition, a portable 20' x 20' cabin with electric and plumbing (not currently hooked up) is currently used as a feed room.
There are several fenced pastures which are perfect for horses or livestock, while the surrounding woods provide excellent opportunities for hunting and recreation. Equestrian enthusiasts will appreciate the dedicated trails for horseback riding, as well as a small arena for training. Whether you’re looking to cultivate a hobby farm, enjoy outdoor activities on the ground or in the air, this peaceful country retreat offers it all. This property is not just a home; it's a lifestyle.
🏠 Additional Facts:
Parcel ID #’s: 69-14-14-400-060.007-021 & 69-14-23-100-002.000-021
Built in 1993
2 utility sheds
Electric company: Southeastern Indiana REMC
Public water: Hoosier Hills Regional Water District
Internet: SEI Data
Septic system
Electric furnace & water heater
There is a verbal shared driveway agreement between the current owner and the neighbor.
2024 real estate taxes: $1298.78 (total for both parcels)
Schools: Milan Elementary, Middle and High Schools
📏 Apx. Room Dimensions:
Living room - 18' 7" x 12' 2"
Family room - 11' 9" x 13' 1"
Bedroom - 12' 5" x 9' 10"
Bedroom - 10' 1" x 9' 9"
Bedroom - 12' 9" x 12' 11"
Kitchen - 11' 8" x 12' 10"
• A 5% Buyer’s Premium will be added to the high bid to establish the contract purchase price.
• The earnest money deposit in the amount of 5% of the contract purchase price is due within 24 hours of auction conclusion with the balance due within 30 days.
• Possession will be within 45 days after final closing.
• The purchaser will assume the real estate taxes due and payable in May 2025.
• Evidence of good and merchantable title will be furnished in the form of a title insurance commitment in the amount of the purchase price.
• Any fee (typically $250 - $300) charged by a title company or escrow agent to close the transaction will be split evenly between buyer & seller.
• The auction is subject to a 3 minute auto-extend closing.
• This online only auction is not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by Bidder and or Buyers at registration prior to bidding.
• The contract is required to be fully and correctly completed, WITHOUT any modifications and properly signed within 24 hours of the close of auction.
• The sale of this property is subject to any and all easements of record.
• The sale of this property is subject to all state and local zoning ordinances.
• Parcel dimensions and acreages are based on legal descriptions & public records
• Aerial photos are for illustration purposes only and not surveyed boundary lines.
• The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Curran Miller Auction / Realty, Inc. will reject the registration, and bidding activity will be terminated. The Seller and Curran Miller Auction / Realty, Inc. reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.
• Curran Miller Auction / Realty, Inc., Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Curran Miller Auction / Realty, Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
• Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. All information contained in this information packet and all related materials are subject to the terms and conditions outlined in the Contract for Sale of Real Estate agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Curran Miller Auction / Realty, Inc., Agents or Representatives. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller, Curran Miller Auction / Realty, Inc., Agents or Representatives. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Curran Miller Auction / Realty, Inc. are final. Any dispute between Curran Miller Auction / Realty, Inc., its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Vanderburgh County, Indiana. By bidding on the property, buyer agrees to all terms and conditions set forth.
• Buyer and or Bidder agrees to hold harmless and indemnify Curran Miller Auction / Realty, Inc. and its Agents, Owners, Directors, Employees and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.