206 W Main St Lewisville, IN 47352
Estimated payment $1,340/month
Total Views
4,877
3
Beds
2
Baths
1,680
Sq Ft
$134
Price per Sq Ft
Highlights
- Hot Property
- Wood Flooring
- Covered patio or porch
- Traditional Architecture
- Corner Lot
- 2-minute walk to Freeman Square
About This Home
Turnkey Short-Term Rental Investment Opportunity in East Central Indiana This fully furnished and beautifully remodeled 3-bedroom, 2-bath home offers a rare turnkey investment opportunity in the heart of East Central Indiana. Located directly on US 40 in the quiet town of Lewisville, this charming 1.5-story home has been successfully used as a short-term rental with strong occupancy rates. With the local hotel market nearly nonexistent, this property fills a critical gap by providing comfortable, quality accommodations for travelers, visiting family members, or temporary housing needs in the area. The home features a large open-concept living and dining area, a completely updated kitchen with newer stainless steel appliances and ample counter space, and tall ceilings throughout. One spacious bedroom, a full bath, and laundry area are on the main floor, with two additional large bedrooms and another full bath upstairs—each with generous closet space. Durable LVP flooring, tasteful furnishings, and modern décor make it a guest-ready property from day one. The large front porch, maintenance-free exterior, and detached garage add even more appeal. Its prime location provides easy access to Indianapolis, Richmond, Dayton, and everything in between, making it ideal for guests seeking a central home base for regional activities. Whether you're looking to expand your rental portfolio or start with a stress-free, fully equipped property, this home offers a strong return potential and instant earning power. All furnishings, appliances, and décor remain with the sale—
Last Listed By
RE/MAX First Integrity Brokerage Phone: 765-529-2211 Listed on: 05/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $920
Year Built
- Built in 1947
Lot Details
- 3,354 Sq Ft Lot
- Lot Dimensions are 36x93
- Corner Lot
- Level Lot
Home Design
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 1,680 Sq Ft Home
- 1.5-Story Property
- Crawl Space
- Eat-In Kitchen
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Utility Room
- Washer Hookup
Parking
- 1 Car Detached Garage
- Driveway
- On-Street Parking
- Off-Street Parking
Schools
- Tri-Elementary School
- Tri Middle School
- Tri Jr-Sr High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Covered patio or porch
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 33-17-25-420-452.000-008
Community Details
Pet Policy
- Pet Restriction
Building Details
- Electric Expense $1
- Fuel Expense $1
- Insurance Expense $1
- Maintenance Expense $1
- Trash Expense $1
- Water Sewer Expense $1
Map
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Home Values in the Area
Average Home Value in this Area
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 | $920 | $46,000 | $4,300 | $41,700 |
| 2023 | $774 | $38,700 | $4,300 | $34,400 |
| 2022 | $800 | $40,000 | $4,300 | $35,700 |
| 2021 | $784 | $39,200 | $4,300 | $34,900 |
| 2020 | $800 | $39,400 | $4,300 | $35,100 |
| 2019 | $784 | $38,600 | $4,300 | $34,300 |
| 2018 | $748 | $36,800 | $4,300 | $32,500 |
| 2017 | $744 | $36,600 | $4,300 | $32,300 |
| 2016 | $1,018 | $50,300 | $4,300 | $46,000 |
| 2014 | $964 | $48,200 | $4,300 | $43,900 |
| 2013 | $964 | $34,500 | $4,300 | $30,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | For Sale | $225,000 | +675.9% | $134 / Sq Ft |
| 02/23/2017 02/23/17 | Sold | $29,000 | 0.0% | $14 / Sq Ft |
| 02/09/2017 02/09/17 | Pending | -- | -- | -- |
| 01/31/2017 01/31/17 | For Sale | $29,000 | -- | $14 / Sq Ft |
Source: Indiana Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $29,000 | -- | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
About the Listing Agent
I have over 30 years of expertise in the real estate industry. Over the years I have earned many awards within a franchise, including the Leaders Circle award (repeated times), one of the highest level of awards afforded to agents. I am committed to the community that I live and work in and I demonstrate this by being active on multiple boards and involving myself in multiple community groups. With my years in real estate, I have learned how to be detail oriented, proactive and a strong
Susan's Other Listings
Source: Indiana Regional MLS
MLS Number: 202518063
APN: 33-17-25-420-452.000-008
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