$15,000
SOLD OCT 7, 2025

505 S Central Ave Milton, IN 47357

2 Beds
1 Bath
1,020 Sq Ft
0.62 Acres

Recently Sold

$15 Per Sq Ft

40% Below List Price

90 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Level Lot

About This Home

As of October 2025

Investor special in the heart of Milton! This 2-bedroom home sits on two lots totaling 0.62 acres. Property is uninhabitable in current condition and filled with debris—being sold strictly AS IS. Includes a shed and plenty of outdoor space. Great opportunity for a full rehab, flip, or future investment. Small-town location in Wayne County. Motivated seller – bring your best offer!

Last Agent to Sell the Property

Brad Taflinger

The Taflinger Real Estate Group Brokerage Phone: 765-282-1227 Listed on: 06/24/2025

The Taflinger Real Estate Group

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 0.62 Acre Lot
  • Level Lot
  • Irregular Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

  • Western Wayne Elementary School
  • Lincoln Middle School
  • Lincoln High School

Additional Features

  • Eat-In Kitchen
  • Laundry on main level
  • Suburban Location
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 89-11-02-140-502.000-027
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1969
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT WITH HOME LEGAL: PT NE SEC 2-15-12 0.439A VACANT LOT LEGAL: PT NE SEC 2-15-12 0.178A
  • Parcel Number ID: 89-11-02-140-502.000-027
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Main Floor Laundry
  • Location: City/Town/Suburb
  • Parcel Id2: 89-11-02-140-503.000-027
  • Road Access: City
  • Road Surface: Asphalt
  • County Zoning: Unknown
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1020
  • Total Finished Sq Ft: 1020
  • Above Grade Finished Sq Ft: 1020
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 14x15, On Level: Main
  • Kitchen: Dimensions: 8x22, On Level: Main
  • Bedroom 1: Dimensions: 10x15, On Level: Main
  • Bedroom 2: Dimensions: 10x13, On Level: Main
  • Main Level Sq Ft: 1020
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Rolled, Shingle
  • Outbuilding1: Shed, Dimensions: 12x8

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Laundry: Dimensions: Mainx20, On Level: 5

Schools

  • Elementary School: Western Wayne

Lot Info

  • Lot Description: Irregular, Level
  • Lot Dimensions: 0.62
  • Estimated Lot Sq Ft: 27007
  • Estimated Lot Size Acres: 0.62

Tax Info

  • Annual Taxes: 600

MLS Schools

  • High School: Lincoln
  • Middle School: Lincoln
  • School District: Western Wayne Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2025
Closed on
Sep 30, 2025
Sold by
Green Valley Properties Inc
Bought by
Leonard Erik
Seller's Agent
Brad Taflinger
The Taflinger Real Estate Group
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$25,000
Sold Price
$15,000
Premium/Discount to List
-$10,000
-40%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15979581.73%

Purchase Details

Closed on
Aug 10, 2011
Sold by
Longnecker Bryan Keith
Bought by
Longnecker Michael C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $15,000 Northwest Title Family
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Sold $15,000 -40.0% $15 / Sq Ft
09/22/2025 09/22/25 Pending -- -- --
06/24/2025 06/24/25 For Sale $25,000 -- $25 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13 $600 $600 $0
2023 $13 $600 $600 $0
2022 $13 $600 $600 $0
2021 $13 $600 $600 $0
2020 $13 $600 $600 $0
2019 $12 $600 $600 $0
2018 $15 $500 $500 $0
2017 $15 $500 $500 $0
2016 $15 $500 $500 $0
2014 $15 $500 $500 $0
2013 $15 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202524220

Indiana Regional MLS

APN: 89-11-02-140-503.000-027