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Listed by Travis Carpenter • Indiana Ford Realty LLC
$ 499,900
Est. payment /mo
New
404 S Main ST Whitestown, IN 46075
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22105123
Year Built 1901
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Duplex
Property Description
Rare opportunity to own one of Whitestown's only duplexes! The last duplex sale in Whitestown occurred more than a decade ago, making this a unique chance to own a multi-family property in one of Indiana's fastest-growing communities. Rare opportunity to own one of Whitestown's only duplexes! The last duplex sale in Whitestown occurred more than a decade ago, making this a unique chance to own a multi-family property in one of Indiana's fastest-growing communities. Extensively rebuilt from the ground up, nearly every component of this property was replaced during a comprehensive renovation. The project underwent a rigorous city inspection process throughout construction, providing confidence in the quality of workmanship and years of low-maintenance ownership ahead. Currently producing $5,400/month in gross rental income through mid-term rentals, this property offers multiple investment strategies. Continue operating as a mid-term rental, which remains attractive due to the nearby growth and major developments from Eli Lilly and Meta. House hack by living in one unit and renting the other, explore short-term rental opportunities with AirDNA projections of approximately $6,500/month, or lease both units long-term and capitalize on strong rental demand. Quality upgrades include oversized HVAC systems for both units, premium LVP flooring, open-concept layouts, granite countertops, islands, backsplashes, stainless steel appliances, and brand-new LG Black Steel stackable washer and dryer sets. A monitored alarm system is scheduled for installation in the first-floor unit. The property offers ample parking with two driveway spaces plus five dedicated rear parking spots. Located just steps from Moontown Brewing Company and a short walk to Panther Park, you'll enjoy easy access to dining, entertainment, and outdoor recreation. Whether you're seeking a turnkey investment, owner-occupied income property, or flexible rental opportunity, properties like this r
Location
State IN
County Boone
Zoning Residential
Interior
Heating Forced Air
Cooling Central Air
Equipment Smoke Alarm
Fireplace N
Exterior
Roof Type Asphalt
Building
Story Two
Foundation Crawl Space
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Perry Worth Elementary School
Middle Schools Lebanon Middle School
High Schools Lebanon Senior High School
School District Lebanon Community School Corp
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