$114,900
$20K PRICE DROP

422 E Water St Unit A-B Portland, IN 47371

Estimated payment $757/month

Total Views 22,407
2 Beds
1.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • First Floor Utility Room
  • Living Room
  • Forced Air Heating System
  • 1 Car Attached Garage
  • 1-Story Property
  • Dining Room

About This Home

This unique property seamlessly combines a small commercial space with a cozy 2-bedroom residential unit, offering the flexibility and convenience of a live-work setup. The commercial area features excellent visibility, ideal for attracting customers, and ample storage space to accommodate your inventory needs. Meanwhile, the attached 2-bedroom residence offers comfortable living quarters with large windows that fill the space with natural light, a spacious living room with gas fireplace, large utility room, and beautiful hardwood floors throughout. Whether you're looking to stay close to your business or generate rental income, this property provides various options to suit your goals. Don't miss out on all the possibilities this great location has to offer!

Listing Agent

Paul Faddis

Tarter Realty, Auction & Appraisals Co Listed on: 11/01/2024

Co-Listing Agent

Jammie Michael

Tarter Realty, Auction & Appraisals Co License #RB19001634

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,447

Year Built

  • Built in 1895

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,447

Year Built

Built in 1895

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 422 E Water St
  • Second Address Number: 422
  • Estimated Year Built: 1895
  • Estimated Size Bedroom 1: 15x9
  • Estimated Dining Room Size: 15x15
  • Dining Rm Level: M
  • Directions: N on HWY 27 to Portland. Right on E Water St. Property is on the left.
  • Geo Address Line: 422 E Water St
  • Geo Longitude: -84.972157
  • Geo Primary City: Portland
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 15x13
  • Living Rm Level: M
  • Other Rm1 Approx Size: 7x5
  • Other Rm1 Comments: Foyer
  • Other Rm1 Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Building Style: Other
  • Taxes Half: 701.93
  • Estimated Utility Room Size: 13x12
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1895

Interior Features

  • Bedroom 1 Level: M
  • Primary Bathroom: No
  • Has Basement: No
  • Estimated Size Bedroom 2: 13x13
  • Bedroom 2 Level: M
  • Lower Floor 1 Bedrooms: 2
  • Lower Floor 1 Half Bathrooms: 1
  • Estimated Kitchen Size: 16x11
  • Basement Type: Other

Exterior Features

  • Exterior: Vinyl
  • Foundation: Crawl

Garage/Parking

  • Garage Capacity: 1
  • Garage Type: Garage-Attached

Utilities

  • Heat Type: Gas, Forced Air
  • Sewer: City
  • Hot Water: City

Fee Information

  • Tax Class: RESIDENTIAL

Lot Info

  • Geo Update Timestamp: 2025-01-07
  • Estimated Number Acres: 0.17
  • Land Contract: No

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 $1,447 $73,800 $8,400 $65,400
2023 $1,447 $69,400 $8,400 $61,000
2022 $1,364 $66,300 $8,400 $57,900
2021 $1,317 $60,700 $7,900 $52,800
2020 $1,287 $59,100 $7,900 $51,200
2019 $1,251 $57,500 $7,900 $49,600
2018 $1,205 $55,100 $7,900 $47,200
2017 $1,191 $53,200 $9,600 $43,600
2016 $1,150 $51,600 $9,600 $42,000
2014 $1,204 $53,400 $9,600 $43,800
2013 $1,204 $55,300 $9,600 $45,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Price Changed $114,900 0.0% --
06/06/2025 06/06/25 Price Changed $114,900 -14.8% $101 / Sq Ft
11/01/2024 11/01/24 For Sale $134,900 0.0% --
11/01/2024 11/01/24 For Sale $134,900 -- $119 / Sq Ft
Source: Richmond Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $30,000 Jay Co. Abstract
Source: Public Records

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Source: Richmond Association of REALTORS®

MLS Number: 10050164

APN: 38-07-21-204-141.000-034