$480,000
$20K PRICE DROP

8151 State Road 48 Aurora, IN 47001

Estimated payment $2,719/month

Total Views 970
3 Beds
2 Baths
1,680 Sq Ft
$286 Price per Sq Ft

Highlights

  • Very Popular Property
  • View of Trees or Woods
  • Farm
  • Equestrian Center
  • 17.7 Acre Lot
  • Ranch Style House

About This Home

Private equestrian-ready farm on 17.7 acres offering a versatile blend of open ground and mature woods ideal for horses, hobby farming, or country living. The mostly level acreage provides ample space for pastures, riding, and future expansion. A 3-bedroom, 2-bath ranch home with 1,680 sq ft offers comfortable one-level living with a spacious layout and cozy fireplace. Features a large barn and additional 54'x91' Morton Steel outbuilding with electric & water, well-suited for indoor riding arena, stalls, tack, hay storage, equipment, or workshop use. A private pond enhances the setting and provides a peaceful backdrop for outdoor enjoyment. With electric and water on site, paved road access, and agricultural classification, this property offers flexibility for a variety of uses. Conveniently located yet privately tucked away, it's the perfect place to live, ride, and grow.

Listing Agent

Daniel Day

RE/MAX Preferred Group License #PB21200027 Listed on: 04/25/2026

RE/MAX Preferred Group

Property Details

Property Type

  • Other

Year Built

  • Built in 1962

Lot Details

  • 17.7 Acre Lot
  • Lot Dimensions are 280 x 1250
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Oversized Parking
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Farm
  • Brick or Stone Mason
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,680 Sq Ft Home
  • Woodwork
  • Wood Burning Fireplace
  • Brick Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Pole Barn

Farming

  • Horse or Livestock Barn
  • Farm
  • Horse Farm

Horse Facilities and Amenities

  • Equestrian Center
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank
  • Fiber Optics Available

Community Details

  • Southeastern Indiana Board Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 019-000898-00

Property Details

Property Type

Other

Year Built

Built in 1962

Lot Details

17.7 Acres

Parking

1

Listing Details

  • Property Sub Type: Farm
  • Architecture: Ranch
  • FILLACRES: 17.7010
  • Allow On Internet: True
  • Level 1 Bathroom Type: Full
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: Yes
  • Complete Renovation: No
  • Dining Room2: Fireplace, Walkout, WW Carpet
  • Family Room: Yes
  • Farm Structures: Equestrian Arena, Horse Barn
  • Kitchen3: Eat-In, Vinyl, Walkout
  • Land Description: Partially Wooded
  • Laundry Level1: No
  • Unit Levels: One
  • Second Floor Living Room: 19x12 Level: 1
  • Lot Measurement: Acres
  • Mud Room Dim: 0.00 x 0.00
  • Other Room10 Dim: 0.00 x 0.00
  • Other Room7 Dim: 0.00 x 0.00
  • Other Room8 Dim: 0.00 x 0.00
  • Other Room9 Dim: 0.00 x 0.00
  • Prop. Type: Residential
  • Total Finished Square Footage: 1680.00
  • Study Office Dim: 0.00 x 0.00
  • Water Heating: Electric
  • Year Built: 1962
  • Farm Description: Farm w/ Home
  • Out Bldg1 Desc: 5 horse stalls
  • Out Bldg1 Dimensions: 24x36
  • Out Bldg2 Desc: Riding arena
  • Out Bldg2 Dimensions: 91x54
  • Out Building1 Type: Barn
  • Out Building2 Type: Pole Barn
  • Public Listing Url: https://seibr.rapmls.com/scripts/mgrqispi.dll?APPNAME=seindiana&PRGNAME=MLSLogin&ARGUMENT=hMNGYfdB3lUWHMdfgeeo+C5uwBf4LyjZvtI6cEqcJuw=&KeyRid=1
  • TypeOfHome: Stick Built
  • Special Features: None
  • Stories: 1

Interior Features

  • Kitchen Area: 216.0000
  • Other Tax Parcel ID: 019-000898-00
  • Master Bedroom Dim: 12.00 x 11.00
  • Bedroom 5: 0x0 Level:
  • Bathroom 1: Full
  • Bathroom 2: Full
  • Bathroom 1 Level: 1
  • Bathroom 2 Level: Basement
  • Full Bathrooms: 2
  • Family Room2: WW Carpet
  • Laundry Room: 12x10 Level: Basement
  • Other Room1 Dim: 0.00 x 0.00
  • Family Room Area: 320.0000
  • Other Room2 Dim: 0.00 x 0.00
  • Other Room3 Dim: 0.00 x 0.00
  • Kitchen2: 18x12 Level: 1
  • Other Room4 Dim: 0.00 x 0.00
  • Living Room Area: 228.0000
  • Livingroom Len: 19.00
  • Livingroom Wid: 12.00
  • Sunroom Dim: 0.00 x 0.00
  • Disability Access: State Highway
  • Appliances: Dishwasher, Electric Cooktop, Oven/Range
  • Has Basement: Full
  • Basement Features: Unfinished, Walkout
  • Basement Bathrooms: 2
  • Bedroom 2: 12x10 Level: 1
  • Bedroom 3: 12x10 Level: 1
  • Bedroom 4: 0x0 Level:
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: 24x12 Level: 1
  • Dining Room Area: 288.0000
  • Family Room: 20x16 Level: 1
  • Fireplace: Brick, Wood
  • Formal Dining Room: Yes
  • Inside Features: Natural Woodwork
  • Laundry Room Area: 120.0000
  • Laundryroom Dim: 12.00 x 10.00
  • Living Room: Walkout, Wood Floor
  • Primary Bathroom: Tub w/Shower, Vinyl
  • Master Bed: WW Carpet
  • Master Bedroom: 12x11 Level: 1
  • New Construction: No
  • Other Room5 Dim: 0.00 x 0.00
  • Other Room6 Dim: 0.00 x 0.00
  • Recreation Room Dim: 0.00 x 0.00
  • Total Basement Sq Ft: 1344
  • Total Rooms: 8
  • Windows: Vinyl
  • Fireplaces: 1
  • Walls: Drywall
  • Above Grade Finished Sq Ft: 1680

Beds/Baths

  • Bedroom 2 Area: 120.0000
  • Bedroom 3 Area: 120.0000
  • Master Bedroom Area: 132.0000

Exterior Features

  • Out Buildings: Barn, Pole Barn, Stable
  • Exterior Construction: Brick
  • Driveway Type: Blacktop
  • Farm Type: Horse
  • Foundation: Block
  • Road Frontage: 280.00
  • Roof: Shingle
  • Topography: ROLL
  • View: Pond, Lake, Wooded
  • Easements: Public Record

Garage/Parking

  • Carport Spaces: 1.00
  • Garage/Carport Description: Oversized, Front
  • Garage Spaces: 1.00
  • Parking: Off Street, Driveway

Utilities

  • Cooling: Central Air
  • Gas Company: None
  • Heating: Oil, Forced Air
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: Southeastern Indiana Board

Association/Amenities

  • Miscellaneous: Fiber Optic

Schools

  • School District: South Dearborn

Lot Info

  • Lot Dimensions: 280 x 1250
  • Lot Size Sq Ft: 771056.00
  • Zoning: RESI

Rental Info

  • For Lease: No

Tax Info

  • Semi Annual Taxes: 944
  • Tax Exemptions: Homestead

MLS Schools

  • School Type: Elementary School
  • School Name: Manchester Elementar
  • School Type: High School
  • School Name: South Dearborn High

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $1,888 $220,200 $29,900 $190,300
2024 $2,093 $213,500 $30,300 $183,200
2023 $2,083 $197,900 $29,300 $168,600
2022 $2,315 $214,300 $28,200 $186,100
2021 $2,243 $206,000 $27,600 $178,400
2020 $2,196 $229,300 $27,600 $201,700
2019 $2,363 $195,900 $28,300 $167,600
2018 $1,817 $173,400 $28,500 $144,900
2017 $1,593 $157,300 $29,100 $128,200
2016 $1,496 $157,600 $29,400 $128,200
2014 $1,348 $156,600 $29,800 $126,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2026 05/11/26 Price Changed $480,000 -4.0% $286 / Sq Ft
04/25/2026 04/25/26 For Sale $500,000 -- $298 / Sq Ft
Source: Southeastern Indiana Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,600 --
Source: Public Records

Source: Southeastern Indiana Board of REALTORS®

MLS Number: 207211

Southeastern Indiana Board of REALTORS®

APN: 15-05-34-400-030.000-019

Indiana Dearborn County Aurora 47001

8151 State Road 48, Aurora, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southeastern Indiana Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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