$225,000
PENDING

16 N Washington St Knightstown, IN 46148

Estimated payment $1,392/month

Total Views 7,673
2 Beds
2 Baths
1,600 Sq Ft
$141 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Level Lot
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan
  • 1-Story Property

About This Home

Nestled in the heart of Knightstown, right on the charming town square, this versatile duplex presents a remarkable investment opportunity. Each unit features a well-designed one-bedroom, one-bath layout, each complete with a full kitchen and living area. Currently utilized as a short-term rental through Airbnb, the property holds potential for conversion into residential apartments, office spaces, or retail establishments. The sale includes negotiable options for all furniture, appliances, and furnishings, making it an appealing turnkey solution. Conveniently located approximately 30 minutes east of Indianapolis just a few miles from I-70. Agent Owned.

Listing Agent

Lindsay King

F.C. Tucker/Crossroads Real Estate Brokerage Phone: 765-624-8693 Listed on: 05/30/2025

F.C. Tucker/Crossroads Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,442

Year Built

  • Built in 1900

Lot Details

  • 1,760 Sq Ft Lot
  • Lot Dimensions are 44x40
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Foundation
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laminate Countertops
  • Laundry in Kitchen

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Public Parking
  • Driveway
  • On-Street Parking

Location

  • Suburban Location

Schools

  • Knightstown Elementary And Middle School
  • Knightstown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33-16-33-241-292.000-030
  • Seller Concessions Offered

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,128
  • Fuel Expense $1,056
  • Insurance Expense $1,849
  • Maintenance Expense $640
  • Trash Expense $284
  • Water Sewer Expense $1,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,442

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 125
  • Style: Attached
  • Architectural Style: Traditional
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: ORIG PLAT LOT 7 BLK 5 EX S 80.5' E 44' & EX N 29 1/2'
  • Parcel Number ID: 33-16-33-241-292.000-030
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Countertops-Laminate, Water Heater Electric
  • Cross Street: US 40/Washington St
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 2200
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 3200
  • Total Finished Sq Ft: 1600
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 1600
  • Price Per Sq Ft: 140.63
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Brick
  • Flooring: Carpet, Vinyl Tile, Vinyl
  • Main Level Sq Ft: 1600
  • Total Below Grade Sq Ft: 1600
  • Number Of Disposals: 1
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Stories: 1

Garage/Parking

  • Parking: Public, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast/Xfinity
  • Annual Electric: 1128
  • Annual Fuel Expense: 1056
  • Annual Insurance Expense: 1849
  • Annual Maintenance Expense: 640
  • Annual Trash Expense: 284
  • Annual Water Sewer Expense: 1380
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: C A Beard Memorial School Corp.
  • Elementary School: Knightstown
  • Middle School: Knightstown
  • High School: Knightstown
  • Elementary School: Knightstown

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44x40
  • Estimated Lot Sq Ft: 1760
  • Estimated Lot Size Acres: 0.04

Rental Info

  • Owner Pays: Building Insurance, Cable, Electric, Maintenance, Water

Multi Family

  • Gross Monthly Rent: 2200
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2442

MLS Schools

  • High School: Knightstown
  • Middle School: Knightstown
  • School District: C A Beard Memorial School Corp.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $2,397 $79,900 $10,600 $69,300
2023 $2,343 $78,100 $8,800 $69,300
2022 $2,391 $79,700 $8,800 $70,900
2021 $1,587 $52,900 $8,800 $44,100
2020 $1,028 $33,400 $8,800 $24,600
2019 $1,029 $33,400 $8,800 $24,600
2018 $1,027 $33,400 $8,800 $24,600
2017 $960 $31,200 $8,800 $22,400
2016 $959 $31,200 $8,800 $22,400
2014 $864 $28,800 $8,800 $20,000
2013 $864 $27,900 $8,800 $19,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Pending -- -- --
05/30/2025 05/30/25 For Sale $225,000 -- $141 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $154,000 Future Advance Clause Open End Mortgage
Closed $60,000 Commercial
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202520207

Indiana Regional MLS

APN: 33-16-33-241-292.000-030