12490 E State Rd 48, Milan, IN 47031 Property Records

Dearborn County property record for 12490 E State Rd 48, Milan, IN 47031

Property Summary

Property Type	Rural Home
Details	3 bd · 3 ba · 2,867 sqft · built 1994
Lot Size	27.2 acres (1,186,705 sqft)
Owner	Company Name on Record
Last Sale	$50,000 (Feb 2013)
Tax Bill	$5,378 (2025)
Deeds & Mortgages	Nov 2022 Sale
Flood Zone	Zone X (minimal risk)
APN	`019-001159-00`

Property Details

APN / Parcel Number

Primary APN	`019-001159-00`
Alternative APNs	`15-04-24-100-004.000-019` `00000018240`

Interior

Bedrooms	3 Beds
Full Baths	3 Baths
Plumbing Fixtures	11 Plumbing Fixtures
Total Rooms	9 Rooms
Stories	1 Story
Building Area	2,867 sqft Living Area
1st Floor Area	2,867 sqft
Basement Area	3,147 sqft
Finished Basement	3,147 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1994
Effective Year Built	Effective 1997
Construction Type	Brick
Roof Material	Asphalt
Lot Area	1,186,705 sqft (27.2 acres)
Terrain	Rolling
Garage Type	Mixed
Garage Area	832 sqft
Parking Spaces	4 Parking Spaces
Pool Type	Above-Ground Pool
Pool Area	706 sqft
Lean-To	360 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	00000018240
Street Address	12490 E STATE ROAD 48
City	MILAN
State	IN
Zip	47031-9281
Property Category	Residential
Property Type	Residential > Single Family > Rural Home
Legal Description	47-04-01 PT W1/2 NE 24-7-3 27.2428A
Legal Subdivision	BIG OAK FARMS
Legal Tract	A
Jurisdiction	DEARBORN IN
Township / Civil Division	MANCHESTER
Census Block Group	1
Census Block	1012
Census Tract	80700

Owner

Source: Dearborn County records, as of June 19, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	12490 E STATE ROAD 48, MILAN, IN 47031-9281
Occupancy	Owner Occupied
Owner Type	Company
Vesting	Trust, Revocable Trust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 20, 2013 · Amount on Record
Deed Sale	Feb 20, 2013 · Amount on Record
Prior Sale	Apr 17, 2008
Deed Document Number	20131775
Last Transfer Date	Apr 7, 2022
Transfer Doc	2022007449
Record Updated	Sep 20, 2026

November 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DEARBORN IN
Recording Date	Nov 3, 2022
Property Address	12490 E STATE ROAD 48, MILAN, IN 47031-9281
Document Number	2022007449
Instrument Date	Apr 7, 2022
Instrument	2022007449
Transaction Type	Transfer
Record Updated	Jan 31, 2023

Transaction

Tax	$0.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Irrevocable Trust
Address	12490 E STATE ROAD 48, MILAN, IN 47031-9281

Tax Assessment & Valuation

Source: Dearborn County assessment roll, as of June 19, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Dearborn County
County Subdivision	Manchester Township
Unified School District	South Dearborn Community School Corporation (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,378.00 (-3.67%) Homeowner's exemption	$511,700 (+14.17%) Land $69,400 Building $442,300	$511,700 (+14.17%) Land $69,400 Building $442,300
2024	$5,583.00 (-1.26%)
2023	$5,654.00 (-7.49%)	$448,200 (-4.92%) Land $64,700 Building $383,500	$448,200 (-4.92%) Land $64,700 Building $383,500
2022	$6,112.00 Homeowner's exemption	$471,400 Land $56,100 Building $415,300	$471,400 Land $56,100 Building $415,300

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective April 9, 2015

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 73% of Indiana
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 15 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35
Great Plains Communications Fiber	1,000 / 1,000
Starlink Satellite	280 / 30

May also be available: Southeastern Indiana REMC.

Cell Coverage

4G LTE only, no 5G reported

Nearby Properties on E State Rd 48

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