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$425,000 -$25,000 (-5.56%) Price Reduced

  • For Sale
  • Active
  • Farms/Ranches
  • 3 Beds
  • 2 Full Baths
  • 1,680 Sq. Ft.
  • 17.701 Acres
  • Updated 3 days ago
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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.

Full Property Details for 8151 State Road 48

General

  • Price: $425,000
  • Status: Active
  • Type: Farms/Ranches
  • Source: SE_Indiana
  • MLS ID: 207211
  • Updated: 6/16/2026
  • Added to Site: 56 day(s) ago

Interior

  • Interior Features: Natural Woodwork
  • Fireplace: Yes
  • Fireplace(s): Brick, Wood
  • Appliances: Dishwasher, Electric Cooktop, Oven/Range

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathrooms-L1: Yes
  • Primary Bathroom: Tub w/Shower, Vinyl
  • Bathroom 1: Full
  • Bathroom 2: Full, Basement

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: 12.00 x 11.00, Level: 1, 132 Sq. Ft.
  • Bedroom 1: Yes
  • Bedroom 2: 12.00 x 10.00, Level: 1, 120 Sq. Ft.
  • Bedroom 3: 12.00 x 10.00, Level: 1, 120 Sq. Ft.

Other Rooms

  • Living Room: 19.00 x 12.00, 228 Sq. Ft.
  • Family Room: 20.00 x 16.00, Level: 1, 320 Sq. Ft.
  • Kitchen: 18.00 x 12.00, Level: 1, 216 Sq. Ft.
  • Dining Room: 24.00 x 12.00, Level: 1, 288 Sq. Ft.
  • Formal Dining Room: Yes
  • Laundry: 12.00 x 10.00, Basement, 120 Sq. Ft.

Parking

  • Garage: Yes
  • Other Parking Type: Off Street, Driveway
  • Parking: Oversized, Front
  • Garage Description: Oversized, Front

Location

  • County: Dearborn
  • Township: Manchester

School Information

  • School District: South Dearborn
  • Elementary School: Manchester Elementar
  • High School: South Dearborn High

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Oil, Forced Air
  • Water Heater: Electric

Utilities

  • Gas: None
  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Architectural Style: Ranch
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Walkout, Full
  • Foundation: Block
  • Roof: Shingle
  • Windows: Vinyl
  • Stories/Levels: One
  • Square Feet: 1,680
  • Living Area: 1,680 Sq. Ft.
  • Year Built: 1962

Manufactured Home

  • Land Information: Partially Wooded

Additional Structures

  • Other Structures: Equestrian Arena, Horse Barn

Lot Features

  • Property View: Pond, Lake, Wooded
  • Lot Size (Acres): 17.701
  • Lot Size (Sq. Ft.): 771,056
  • Frontage: State Highway
  • Street/Road Desc.: Paved
  • Topography: Rolling
  • Land Use: Horse

Water Features

  • Lake Front: Yes

Disclosures and Reports

  • APN: 15-05-34-400-030.000-019

Listed by RE/MAX Preferred Group, Dan Day

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Listing agent

— 8151 State Road 48 —

  • Dan Day

    RE/MAX Preferred Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 8151 State Road 48

School District:South Dearborn Community School Corporation
NameGradesDistance
Manchester Elementary School, Aurora, IN
9387 Sr 48, Aurora, IN 47001
K-61.4 mi
Aurora Elementary School
6098 Squire Place, Aurora, IN 47001
PK-65.5 mi
Dillsboro Elementary School
13200 North Street, Dillsboro, IN 47018
K-69.8 mi
South Dearborn Middle School
5850 Squire Place, Aurora, IN 47001
7-85.6 mi
South Dearborn High School
5770 Highlander Place, Aurora, IN 47001
9-125.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8151 State Road 48 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/16/2026
Price Reduced
$425,000
-5.56%
MLS
5/26/2026
Price Reduced
$450,000
-6.25%
MLS
5/11/2026
Price Reduced
$480,000
-4%
MLS
4/25/2026
Listed
$500,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8151 State Road 48

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,888
-10%
$220,200
3%
2024
$2,093
—
$213,500
8%
2023
$2,083
-10%
$197,900
-8%
2022
$2,315
5%
$214,300
4%
2020
$2,196
-7%
$206,000
-10%
2019
$2,363
30%
$229,300
17%
2018
$1,817
14%
$195,900
13%
2017
$1,593
9%
$173,400
10%
2016
$1,468
—
$157,300
—
2016
$1,468
—
$157,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8151 State Road 48, Aurora, IN 47001 (MLS# 207211) is a Farms/Ranches property with 3 bedrooms and 2 full bathrooms. 8151 State Road 48 is currently listed for $425,000 and was received on April 25, 2026. Want to learn more about 8151 State Road 48? Do you have questions about finding other Farms/Ranches real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.

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