321 2nd St Rising Sun, IN 47040
Estimated payment $825/month
About This Home
Great Investment opportunity in Rising Sun! This duplex is perfect for generating rental income or offsetting your mortgage. The first-floor unit is occupied by a long-term tenant, providing immediate income, while the second-floor unit is vacant and ready for your vision. Owner pays water/trash (approx. $75/month); tenant covers gas/electric. Property sold as-is. Don't miss out!
Listing Agent
Alexis Jent
Huff Realty Indiana Listed on: 04/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,696
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
Home Design
- Stone Foundation
- Fire Rated Drywall
- Metal Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,470 Sq Ft Home
- 2-Story Property
- Vinyl Clad Windows
Parking
- No Garage
- No Driveway
- On-Street Parking
Utilities
- Mini Split Air Conditioners
- Window Unit Cooling System
- Furnace
- No Heating
- Separate Meters
- Gas Available at Street
- Electric Water Heater
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 0040802002022000
Community Details
Overview
- No Home Owners Association
- 2 Units
- Southeastern Indiana Board Association
- Rising Sun Subdivision
Amenities
- No Laundry Facilities
Map
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 | $1,876 | $93,800 | $20,900 | $72,900 |
| 2023 | $1,696 | $84,800 | $20,900 | $63,900 |
| 2022 | $1,375 | $73,400 | $17,900 | $55,500 |
| 2021 | $1,387 | $63,600 | $16,300 | $47,300 |
| 2020 | $1,249 | $60,000 | $16,300 | $43,700 |
| 2019 | $557 | $60,000 | $16,300 | $43,700 |
| 2018 | $453 | $51,000 | $16,300 | $34,700 |
| 2017 | $429 | $49,800 | $17,100 | $32,700 |
| 2016 | $431 | $50,600 | $17,300 | $33,300 |
| 2014 | $130 | $46,200 | $20,200 | $26,000 |
| 2013 | $121 | $46,300 | $20,300 | $26,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/12/2025 11/12/25 | Price Changed | $129,900 | -13.3% | $88 / Sq Ft | |
| 04/03/2025 04/03/25 | For Sale | $149,900 | +114.1% | $102 / Sq Ft | |
| 01/14/2021 01/14/21 | Off Market | $70,000 | -- | -- | |
| 10/14/2020 10/14/20 | Sold | $70,000 | -7.8% | $41 / Sq Ft | View Prior Sale |
| 07/28/2020 07/28/20 | Pending | -- | -- | -- | |
| 05/28/2020 05/28/20 | For Sale | $75,900 | -- | $44 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $52,500 | New Conventional | |
| Previous Owner | $404,005 | Commercial |
Source: Southeastern Indiana Board of REALTORS®
MLS Number: 204767
APN: 58-06-02-002-022.000-004
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