$275,000
PENDING

38-40 E Main St Pittsboro, IN 46167

Estimated payment $1,745/month

Total Views 3,658
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Mature Trees
  • Laundry closet
  • Forced Air Heating and Cooling System
  • Pittsboro Elementary School Rated A-
  • Shed
  • 5-minute walk to Scamahorn Park

About This Home

38-40 E. Main, Pittsboro - current zoning general business. Used to be an insurance office now a duplex w/2 long term tenants (month to month leases). Front - 38 unit - 1 1/2 level- living room, kitchen, dining, full bath and laundry closet. Tenant owns washer/dryer. Spacious 1/2 level BR (12x28) could be 2 BR. Back 40 unit - one level - living room, eat-in kitchen, full bath and laundry closet. Seller owns washer/dryer in back unit. Separate meters for tenants to pay their own utilities. Seller takes care of lawncare. 2 sheds ( 8x10 and 7x8.). Shared driveway. Spacious parking area and green space.

Listing Agent

Maria Ridenour

Ridenour Real Estate Services, License #RB14045158 Listed on: 08/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 1926

Lot Details

  • 0.27 Acre Lot
  • Mature Trees

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed
  • Storage Shed

Additional Features

  • City Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for lawncare
  • Assessor Parcel Number 320706210014000019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,380

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1926
  • Lot Size Acres: 0.27
  • Road Frontage Type: State Road, See Remarks
  • Road Surface Type: Asphalt
  • Structure Type: FreeStand
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One and One Half
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Owner Pays: Lawncare
  • Possible Use: See Remarks

Exterior Features

  • Roof: Shingle
  • Construction Materials: Aluminum Siding
  • Direction Faces: South
  • Exterior Features: Storage Shed
  • Foundation Details: Crawl Space
  • View Y N: No
  • Waterfront: No
  • Road Access: See Remarks

Garage/Parking

  • Parking Features: Gravel, Guest, Other
  • Unit Parking: Guest Parking,Unpaved

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Laundry Closet
  • Solid Waste: No

Fee Information

  • Insurance Expenses S F: 1100

Lot Info

  • Lot Features: Access, City Lot, Sidewalks, Storm Sewer, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Comm Mul Ten
  • Lot Size Sq Ft: 11761
  • Parcel Number: 320706210014000019
  • Zoning: General Business
  • Acres: 1/4-1/2 Acre

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Insurance

Multi Family

  • Insurance Expense: 1100

Tax Info

  • Tax Annual Amount: 3380
  • Tax Block: 0
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1690
  • Tax Exemption: None

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $3,380 $164,000 $24,600 $139,400
2023 $3,249 $157,200 $23,700 $133,500
2022 $3,917 $126,000 $24,400 $101,600
2021 $2,459 $117,700 $24,400 $93,300
2020 $2,481 $118,700 $24,400 $94,300
2019 $2,250 $107,100 $16,300 $90,800
2018 $2,848 $137,000 $16,300 $120,700
2017 $2,586 $128,900 $15,500 $113,400
2016 $2,603 $124,700 $15,500 $109,200
2014 $2,411 $120,500 $15,000 $105,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Pending -- -- --
08/17/2025 08/17/25 For Sale $275,000 -- --
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22057178

MIBOR Broker Listing Cooperative®

APN: 32-07-06-210-014.000-019