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Knightstown, IN Multifamily Home for Sale

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    $325,000

    • 2 Beds
    • 5 Baths
    • 7,872 Sq Ft

    28 N Washington St, Knightstown, IN 46148

    Updated investment property that checks all the boxes. Fully occupied, five unit building in historic Knightstown. Charming finishes, location, and appeal. Original hardwood floors, tall ceilings, and exposed brick walls mix with modern plumbing and electrical throughout. Unit 24 houses Historic Knightstown Inc and includes a show room, kitchenette, bathroom and storage. Unit 26 exudes character

    Cara Huffman F.C. Tucker/Crossroads Real Estate

    28 N Washington St, Knightstown, IN 46148

Why Live in Knightstown

Knightstown, Indiana, is a small town of 1,200 people located 32 miles east of Indianapolis, known for its historic Victorian homes and its role in the 1986 movie "Hoosiers." The town features a variety of historic buildings, including Italianate façades in the downtown shopping district and numerous parks. Knightstown is recognized for its low cost of living and offers a mix of Victorian homes, turn-of-the-century cottages, and midcentury ranch-style houses, with some new homes and buildable lots available. The Knightstown Academy, a former Quaker school, now provides apartment living for seniors. Dining options include Redbones Pizza and Chicken, known for its roasted chicken, wings, pizza, and homemade desserts. The Glass Cupboard Antique Mall offers vintage, antique, and primitive collectibles. Knightstown's public schools are part of the C.A. Beard Memorial School Corporation, with Knightstown High School noted for its athletic programs and Advanced Placement classes. Local attractions include the Royal Hylands Golf Club, Veterans Garden of Memories Park, Sunset Park, and the Hoosier Gym. Residents have access to major highways, with Indianapolis International Airport 50 miles away and several major cities within a few hours' drive. The town is safer than the national average, making it a practical choice for potential home buyers.

Home Trends in Knightstown, IN

Housing Trends

Median Sale Price
$259,000
Median Single Family Sale Price
$237,000
Median 2 Bedroom Sale Price
$397,550
Average Price Per Sq Ft
$149
Number of Homes for Sale
13
Last 12 months Home Sales
61
Months of Supply
2.60
Median List Price
$299,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
32%
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