112 N Main St Bourbon, IN 46504
Estimated payment $1,532/month
Highlights
- Whirlpool Bathtub
- Built-in Bookshelves
- Forced Air Heating and Cooling System
- Eat-In Kitchen
- Ceiling height of 9 feet or more
- Ceiling Fan
About This Home
Outstanding mixed-use investment opportunity! This move-in-ready commercial building offers exceptional flexibility with a retail/office storefront plus two income-producing apartments. New updates within the past five years with updated flooring, paint, updated electrical and plumbing, mini split in ground level unit and a newer water heater for the upper unit. The spacious upper-level one-bedroom apartment features soaring ceilings, abundant natural light, a full kitchen, and a full bath with a Jacuzzi tub. The main-level one-bedroom includes private front and rear entrances, a full kitchen with appliances, full bath, and in-unit washer and dryer. Maximize your investment by maintaining both rental units, creating additional commercial space, or operating your business downstairs while living upstairs. Perfect for investors, entrepreneurs, or owner-occupants seeking multiple income opportunities. High-visibility location, endless possibilities, and immediate income potential make this a property you won’t want to miss!
Listing Agent
Milestone Realty, LLC Brokerage Phone: 574-532-1332 Listed on: 08/06/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,538
Year Built
- Built in 1915
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 22.4x126
- Level Lot
Home Design
- Duplex
- Wood Siding
- Block Exterior
Interior Spaces
- 2-Story Property
- Built-in Bookshelves
- Ceiling height of 9 feet or more
- Ceiling Fan
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Partially Carpeted
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Whirlpool Bathtub
Laundry
- Laundry in Kitchen
- Washer Hookup
Partially Finished Basement
- Michigan Basement
- Block Basement Construction
Parking
- 4 Parking Spaces
- Off-Street Parking
Schools
- Triton Elementary And Middle School
- Triton High School
Utilities
- Forced Air Heating and Cooling System
- Community Well
- Gas Water Heater
Listing and Financial Details
- The owner pays for building insurance, electric, fuel, sewer, tax, water
- Assessor Parcel Number 50-34-19-103-138.000-002
- Seller Concessions Not Offered
Community Details
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,400
- Fuel Expense $2,400
- Insurance Expense $2,100
- Water Sewer Expense $1,680
Additional Features
- 3 Units
- Community Storage Space
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,905 | $182,200 | $7,100 | $175,100 |
| 2024 | $2,486 | $148,000 | $7,100 | $140,900 |
| 2022 | $2,486 | $83,700 | $7,100 | $76,600 |
| 2021 | $3,068 | $114,800 | $7,400 | $107,400 |
| 2020 | $1,499 | $55,600 | $7,400 | $48,200 |
| 2019 | $1,440 | $53,400 | $7,100 | $46,300 |
| 2018 | $1,337 | $49,500 | $7,100 | $42,400 |
| 2017 | $1,107 | $51,300 | $7,100 | $44,200 |
| 2016 | $1,140 | $52,400 | $8,200 | $44,200 |
| 2014 | $1,171 | $51,700 | $8,200 | $43,500 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/06/2026 08/06/26 | For Sale | $210,000 | -- | $45 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Contract Of Sale | $20,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $128,000 | New Conventional |
Source: Indiana Regional MLS
MLS Number: 202631963
APN: 50-34-19-103-138.000-002
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Ask me questions while you tour the home.