Seller's Agent in 2025
Jay Knowles
Keller Williams Realty Service
(812) 577-2712
19 in this area
148 Total Sales
452 Ludlow St Unit 450 Greendale, IN 47025
Estimated Value: $213,000 - $250,000
2
Beds
2
Baths
2,188
Sq Ft
$105/Sq Ft
Est. Value
Highlights
- Fishing
- Traditional Architecture
- Tennis Courts
- Community Lake
- No HOA
- 3-minute walk to Schnebelt's Pond & Park
About This Home
**Investor Alert: Income-Generating 2-Family Home in Greendale!** Unit 452 is currently generating $1,200 per month with an active lease in place through June 2026. Unit 450 is owner-occupied and will be available for rent 30 days after closing. This is a genuine two-family residence, not a converted single-family home. Each unit features 2 bedrooms, 1 spacious bathroom, and a separate basement, making it a perfect investment opportunity. Both units have been nicely updated and are move-in ready. Enjoy the convenience of all city utilities and the perks of living in Greendale, a golf cart community that boasts numerous parks, a fishing pond, extensive sidewalks, a community pool, walking trails, tennis and pickleball courts, and much more all with NO HOA fees! This property truly pays for itself. Don't miss out on this exceptional investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,742
Year Built
- Built in 1928
Lot Details
- 6,403
Home Design
- Traditional Architecture
- Stone Foundation
- Plaster Walls
- Fire Rated Drywall
- Shingle Roof
- Aluminum Siding
- Stick Built Home
Interior Spaces
- 2,188 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Vinyl Clad Windows
- Double Hung Windows
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 5 Parking Spaces
- No Garage
- 2 Parking Garage Spaces
- Driveway
- On-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Mini Split Air Conditioners
- Furnace
- Heating System Uses Gas
- Separate Meters
- Gas Water Heater
- Cable TV Available
Additional Features
- Porch
- 6,403 Sq Ft Lot
Listing and Financial Details
- Homestead Exemption
- Tenant pays for electricity, gas, insurance
- Tax Lot 12
- Assessor Parcel Number 016-000659-00
Community Details
Overview
- No Home Owners Association
- 2 Units
- Southeastern Indiana Board Association
- Town/Greendale Subdivision
- The community has rules related to allowable golf cart usage in the community
- Community Lake
Recreation
- Tennis Courts
- Fishing
- Hiking Trails
Building Details
- Gross Income $14,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 30, 2025
Sold by
Rolfes Jonah
Bought by
Lyons Andrew and Lyons Rebecca
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lyons Andrew | -- | Stewart Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Sold | -- | -- | -- |
| 10/11/2025 10/11/25 | Pending | -- | -- | -- |
| 10/01/2025 10/01/25 | For Sale | $189,900 | -- | $87 / Sq Ft |
Source: Southeastern Indiana Board of REALTORS®
Tax History Compared to Growth
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 | $1,742 | $135,000 | $17,000 | $118,000 |
| 2023 | $1,623 | $126,000 | $17,000 | $109,000 |
| 2022 | $1,505 | $117,100 | $17,000 | $100,100 |
| 2021 | $1,411 | $108,300 | $17,000 | $91,300 |
| 2020 | $2,170 | $108,300 | $17,000 | $91,300 |
| 2019 | $1,137 | $56,700 | $17,000 | $39,700 |
| 2018 | $1,610 | $80,200 | $17,000 | $63,200 |
| 2017 | $1,591 | $79,300 | $17,000 | $62,300 |
| 2016 | $1,594 | $79,400 | $17,000 | $62,400 |
| 2014 | $1,978 | $98,700 | $17,000 | $81,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Knowles
Map
Source: Southeastern Indiana Board of REALTORS®
MLS Number: 206055
APN: 15-07-10-402-109.000-016
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