$480,000
$20K PRICE DROP

3192 E Main St Plainfield, IN 46168

Estimated payment $3,030/month

Total Views 46,010
3 Beds
1.5 Baths
1,728 Sq Ft
$278 Price per Sq Ft

Highlights

  • 1.26 Acre Lot
  • Craftsman Architecture
  • Formal Dining Room
  • Avon Intermediate School West Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

Come check out this amazing investment opportunity. The property location is 3192 E Main ST, Plainfield IN 46168, which is close to Indianapolis Airport, downtown Plainfield, Avon, Indianapolis and I465. The property is a 2 story house sitting on a 1.26-acre C1 commercial land. This property was totally updated back in April, which featured 1536 SF total main area, 3 beds, 1.5 baths, 2 car attached garage, 8+ extra parking space on the long driveway, 786 SF partial finished basement that makes it perfect for business use or mixed use (of course, you can live in it after the lease matures as your main residence). Highlight: the property is currently on a 2 year lease with a Senior Dog Center starting back in July 2024, as well as 2 2-year contract extension ending in 2030. The current monthly rent is $2250, with 5% increase for each extension. This means that the moment you become the owner of this property, you will start getting cash flow right away. For those who are looking to get long-term commercial value increase investment with instant cash flow, this is the one for you. If you need to have your own business built, then you can just tear it down and build this 1.26 acre into something you need, like apartment building, construction company, office space, warehouse, animal clinic, hair salon, you name it!

Listing Agent

Andrew Neal

eXp Realty LLC Brokerage Email: andrewdealwithneal@gmail.com License #RB14041424 Listed on: 12/16/2024

Co-Listing Agent

John Wright

eXp Realty LLC Brokerage Email: andrewdealwithneal@gmail.com License #RB14044426

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1950

Lot Details

  • 1.26 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1.5-Story Property
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Vinyl Plank Flooring
  • Pull Down Stairs to Attic
  • Basement

Kitchen

  • Electric Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Avon High School

Community Details

  • No Home Owners Association
  • Yeo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 320920255019000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,272

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1950
  • Building Area Total: 2304
  • Garage Y N: Yes
  • Lot Size Acres: 1.26
  • Subdivision Name: Yeo
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: andrewdealwithneal@gmail.com
  • Attribution Contact: andrewdealwithneal@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Electric Cooktop, Dishwasher, Range Hood, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 192
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Supplemental Storage, Windows Vinyl
  • Living Area: 1728
  • Main Level Bedrooms: 1
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1536
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • List Price: 480000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 576

Utilities

  • Heating: Natural Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 54886
  • Parcel Number: 320920255019000027
  • Acres: 1-3 Acres
  • Price Acre: 380952

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4272
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 2136

MLS Schools

  • High School: Avon High School

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 $1,583 $207,400 $56,500 $150,900
2023 $4,272 $190,000 $53,200 $136,800
2022 $4,125 $182,900 $50,700 $132,200
2021 $3,781 $166,600 $50,700 $115,900
2020 $3,694 $161,300 $50,700 $110,600
2019 $3,625 $156,300 $45,600 $110,700
2018 $3,657 $154,600 $45,600 $109,000
2017 $2,537 $125,900 $43,900 $82,000
2016 $2,539 $125,900 $43,900 $82,000
2014 $2,326 $115,300 $41,800 $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $480,000 0.0% $278 / Sq Ft
03/21/2025 03/21/25 For Sale $480,000 -4.0% $278 / Sq Ft
03/16/2025 03/16/25 Off Market $500,000 -- --
12/17/2024 12/17/24 For Sale $500,000 0.0% $289 / Sq Ft
12/17/2024 12/17/24 Off Market $500,000 -- --
12/16/2024 12/16/24 For Sale $500,000 +42.9% $289 / Sq Ft
01/12/2024 01/12/24 Sold $350,000 -22.2% $456 / Sq Ft
01/01/2024 01/01/24 Pending -- -- --
12/12/2023 12/12/23 Price Changed $450,000 -9.1% $586 / Sq Ft
09/18/2023 09/18/23 For Sale $495,000 -- $645 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 First American Title
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22015145

MIBOR Broker Listing Cooperative®

APN: 32-09-20-255-019.000-027