$225,000
- 2 Beds
- 2 Baths
16 N Washington St, Knightstown, IN 46148
Lindsay King F.C. Tucker/Crossroads
$225,000
16 N Washington St, Knightstown, IN 46148
Lindsay King F.C. Tucker/Crossroads
$340,000
28 N Washington St, Knightstown, IN 46148
Cara Huffman F.C. Tucker/Crossroads Real Estate
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.
On average, homes in Knightstown, IN sell after 11 days on the market compared to the national average of 70 days. The median sale price for homes in Knightstown, IN over the last 12 months is $435,000, up 27% from the median home sale price over the previous 12 months.
In Knightstown, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $225,000 to $340,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Knightstown is $364,900, while the average sale price is $349,333, offering insights into the local housing market. On average, multi-family homes spend 11 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Knightstown, IN.