Listing provided courtesy of RE/MAX Preferred Group- MLS# 1874818MLS Provider

8151 State Road 48Aurora, IN 47001

Single Family · 3 Beds · 2 Full Baths · 3,600 Sq. ft. | 17.70 Acres
$425,000 Active

8151 State Road 48 Overview

Time on Site:
62 days
Visits:
20

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.

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8151 State Road 48 Facts & Features

  • Type Single Family
  • Sq. ft. 3,600
  • Price/Sq.ft. $118
  • Lot 17.70 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: South Dearborn Com S

Building Information

  • New Construction: false
  • Year Built: 1962

Location/Region

  • County Or Parish: Dearborn
  • MLS Area Major: Dearborn-I01
  • Township: Manchester Twp

Rent/Lease Information

  • Lease Considered: false

General Information

  • Parcel Number: 15-05-34-400-030.000-019
  • Property Sub Type: Farm
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 1.00

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bedrooms Total: 3
  • Bedrooms Possible: 0

General Information

  • Appliances: Dishwasher,Electric Cooktop,Oven/Range
  • Basement: Full
  • Cooling: Central Air
  • Fireplace Features: Brick,Wood
  • Fireplaces Total: 1
  • Foundation Details: Block
  • Heating: Oil,Forced Air
  • Interior Features: Natural Woodwork
  • Levels: One
  • Living Area: 3600.00
  • Rooms Total: 8
  • Window Features: Vinyl

Exterior

Parking Information

  • Parking Features: Off Street,Driveway

Lot Information

  • Lot Size Acres: 17.7010
  • Lot Size Dimensions: 280 x 1250
  • Lot Size Square Feet: 771056.00
  • Lot Size Units: Acres
  • Number Of Buildings: 0
  • Topography: Rolled
  • Water Source: Public

Waterfront/View

  • View: Lake/Pond,Woods

Building Exterior/Construction

  • Architectural Style: Ranch
  • Construction Materials: Brick
  • Roof: Shingle

General Information

  • Carport Spaces: 1.00
  • Other Structures: Equestrian Arena,Horse Barn
  • Sewer: Septic Tank

8151 State Road 48 Neighborhood

Community

47001 (Aurora) Demographics

49
Median Age
137
Population Density (per sq. mile)
25%
College Educated
$59,056
Estimated Median Income
3,365
Estimated Total Home Owners
874
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8151 State Road 48 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8151 State Road 48 Market Data

Based on the last 30 days in this zip code

$357,012
Average List Price
$172
Average Price per Square Foot
2
Properties Sold
56
Average Days on Market
31
Properties for Sale
Calculations provided by Reliance Network

8151 State Road 48 History

Date Event Value Agent
6/16/2026Source: South Eastern Indiana MLS Price Reduction
$425,000 -5.6%
5/26/2026Source: South Eastern Indiana MLS Price Reduction
$450,000 -6.2%
5/11/2026Source: South Eastern Indiana MLS Price Reduction
$480,000 -4.0%
4/29/2026Source: South Eastern Indiana MLS Added to Database
April 29, 2026