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20292 Us Highway 6, Milford, IN, 46542

3beds
2baths
1,254sqft
$140,000
$112price/sqft
$1,032/moest. monthly cost
$41,280/yrincome needed

About This Home

****Unapproved short sale *** Looking for your next fixer-upper or rental investment? Look no further! This 3-bedroom, 2-bathroom home, located in the desirable Fairfield School District, sits on nearly one acre of land. With a little vision and some handyman skills, this property has the potential to truly shine. Whether you're looking to renovate, invest, or build equity, this could be the perfect opportunity. Don’t miss out! Offer received- Accepting all backup offers.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

5/10
6/10

Construction

Condition

  • Year built: 1946

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Sump Pump

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bedrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,254

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,398
  • Total interior livable area: 1,254 sqft

Living Room

  • Level: Main
  • Area: 231

Property

Details

  • Parcel number: 201532201001.000018

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.75 Acres
  • Features: Level

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $707$8,484
Home Insurance *$74$888
Property Taxes $67$804
Electricity $184$2,212
Total$1,032$12,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,382/yr
40% on housing$30,960/yr
45% on housing$27,520/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$112This listing

vs Other Active Listings

Avg $/sqft

ZIP 46542$152
Elkhart County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 46542$125
Elkhart County$136

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Price change$140,000
2026-04-27Listed for sale$155,000
2014-05-09Sold$94,500
2008-04-10Sold$99,995

For Sale by Agent

AgentShaquia S Hairston
BrokerageHeartfelt Homes Realty

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