About This Home

This 3-bedroom, 2-bathroom single family at 10528 N State Road 227 in Fountain City, IN is listed for $198,000 ($123 per sqft). Built in 1958, the home offers 1,612 sqft of living space on a 8.00 acres lot.

Key Features

  • Built in 1958
  • 8.00 acre lot
  • Fireplace

Property Details

1 story
1 full, 1 half
2-car garage
1958

Amenities

Fireplace
Listing 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.

Monthly Cost Estimate

$1,059/mo

20% down · 6.5% · 30 years

Principal$143
Interest$858
Insurance$58

Estimates only. Actual payments may vary.

Location

10528 N State Road 227

Fountain City, IN 47341

Property Details

Flooring

CarpetTile

Construction

Stone

Heating

Propane (Heating)Forced Air

Appliances

Built-In Electric OvenDishwasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 10528 N State Road 227 is listed at $198,000 ($123/sqft). The estimated monthly payment is $1,059 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958, 8.00 acre lot, Fireplace.

This property is listed by Michael Baker.

MB

Michael Baker

Agent at Midwest Auctioneers & Realty, Inc.

Listed by Midwest Auctioneers & Realty, Inc. · View on Broker Site

MLS# 1046409· Source: Western Regional Information System & Technology, Inc.· 140 days on PropertySimple

Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

10528 N State Road 227, Fountain City, IN 47341

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