State Road 227, Fountain City, Indiana 47341

$198,000
3 Bedrooms
Bedrooms
1 Bathrooms
Bathrooms
348,480
Square Feet
0
Acres
Property Description

ONLINE AUCTION – BIDDING IS OPEN NOW through our website and HiBid, bidding ends on Weds. July 22, 2026, at 6PM. The list price is the minimum bid. Auctions are NOT just for CASH buyers! Get pre-approved & your financing in order NOW!! Situated on a scenic hillside in Wayne Co., Indiana, this property includes two parcels totalling 8+ acres. The spacious home is a sculpted sandstone ranch with 3 bedrooms, 1 and a half bathrooms, a kitchen that opens to the dining room, & large living room with a fireplace. The home features large windows for scenic views, a breezeway to an attached 2 car garage and a full finished walkout basement that includes a kitchenette, half bath, wood burning stove, and wide open concept living area. This quiet property is complete with mature trees and a scenic water way. Included in this auction are 2 parcels: 89-14-11-000-421.000-011 (1.65 ac) and 89-14-11-000-420.002-011 (6.44 Ac). The small outbuilding does not convey with property and will be removed prior to closing. Terms: There will be a 10% Buyer’s Premium added to the final bid to establish the contract sales price. The property will sell with a minimum bid of $198,000. $5,000 required down at conclusion of auction w/ balance due in 45 days. Please read FULL terms & conditions available on our website. **Some pictures have been edited to remove clutter from the personal property auction.

Basic Details
  • Status
    Active
  • Property Type
    Residential
  • Listing Type
    For Sale
  • Listing ID
    1046409
  • Price
    $198,000
  • Bedrooms
    3
  • Baths Total
    2
  • Bathrooms
    1
  • Half Bathrooms
    1
  • Square Footage
    348,480 Sqft
  • Year Built
    1958
  • Lot Area
    8 Acre
  • Location
    United States, Indiana, Wayne, Fountain City, 47341
  • Property Sub Type
    Single Family Residence
  • School District
    0000 Other School District
Features
  • Heating System
    Forced Air, Propane
  • Basement
    Finished, Full
  • Fireplace
    Wood Burning, Wood Burning Stove
  • Appliances
    Dishwasher, Built-in Electric Oven
  • Foundation
    Block, Stone
  • Special Feature
    Auction
  • Utilities
    Propane, Sewer Connected
  • GarageSpaces
    2
Appliances
No data
Address Map
  • Street
    State Road 227
  • Longitude
    W85° 10' 9.3''
  • Latitude
    N39° 58' 49.4''
  • Directions
    Go south on 227 at the intersection of US RT 36 W, property is on west side of road.
  • Street Dir Prefix
    N
Neighborhood
No data
Additional Information
  • Office Name
    Midwest Auctioneers & Realty, Inc.
  • Agent Name
    Michael Baker
  • Area
    599 OUTSIDE / ALL OTHER AREAS
  • Building Style
    Ranch
  • Tax Year
    2025
  • Lot Dimensions
    8 Ac. +/-
  • Virtual Tour
  • List Agent MLSID
    bakermik108
Map
Listing information © 2026 West Central Association of Realtors MLS
Listing provided by Michael Baker of Midwest Auctioneers & Realty, Inc. : .
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