5020 N 400 W Unit 1 Decatur, IN 46733
Estimated payment $2,467/month
Highlights
- Very Popular Property
- Wood Flooring
- Community Fire Pit
- Adams Central Middle School Rated A-
- Covered Patio or Porch
- Eat-In Kitchen
About This Home
Open House: October 19th from 1:00-3:00. This property is truly one of a kind, featuring a porch in every direction and great potential as an income source. There are two separate, completely remodeled units. The south side unit boasts 2 bedrooms and 2 full baths, along with a handicap ramp and a private grand porch. Barn shutters serve as charming window treatments in the living room, which also features an electric fireplace. The kitchen includes newer cabinets and countertops, and the bathroom has a new vanity along with a large walk-in closet. Laundry hookups are conveniently located in the basement. Additionally, there is a quaint porch facing west, perfect for viewing deer grazing in the field. This unit also comes with a one-car garage. The second unit offers unique tongue-and-groove flooring and an eat-in kitchen, along with a laundry room and a full bath on the main floor. The living room is located on the second floor, along with a large bedroom and closet, plus potential for another bedroom and a full bath above. A significant added feature is the pole building, measuring 32 x 64 x 12, with a concrete floor and plumbing for water. This space includes a large heated office, and the loft above provides additional bonus space covering the entire building. The lean-to is perfect for gardening activities. But that’s not all! The property also features a 707 sq ft pavilion and a firepit, all set within meticulous landscaping. This property is truly one of a kind, featuring a porch in every direction and great potential as an income source. There are two separate, completely remodeled units.
Open House Schedule
-
Sunday, October 19, 20251:00 to 3:00 pm10/19/2025 1:00:00 PM +00:0010/19/2025 3:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,561
Year Built
- Built in 1895
Lot Details
- 1 Acre Lot
- Rural Setting
- Vinyl Fence
- Landscaped
- Level Lot
Home Design
- Duplex
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 2.5-Story Property
- Ceiling Fan
- Pull Down Stairs to Attic
- Laundry in Bathroom
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Partially Finished Basement
- Sump Pump
- Block Basement Construction
- Laundry in Basement
Parking
- 15 Car Garage
- Private Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
Schools
- Adams Central Elementary And Middle School
- Adams Central High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Private Water Source
- Private Company Owned Well
- Well
- Electric Water Heater
- Water Softener is Owned
Listing and Financial Details
- Homestead Exemption
- The owner pays for maintenance
- Assessor Parcel Number 01-04-02-400-003.000-007
Community Details
Overview
- 2 Units
Amenities
- Community Fire Pit
- Community Storage Space
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- Electric Expense $2,400
- Insurance Expense $2,000
- Water Sewer Expense $1,000
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 | $2,561 | $298,600 | $24,700 | $273,900 |
| 2023 | $2,737 | $277,400 | $24,700 | $252,700 |
| 2022 | $2,750 | $260,900 | $24,700 | $236,200 |
| 2021 | $2,584 | $242,500 | $21,800 | $220,700 |
| 2020 | $2,436 | $235,500 | $21,800 | $213,700 |
| 2019 | $2,290 | $235,000 | $21,800 | $213,200 |
| 2018 | $2,254 | $229,500 | $21,800 | $207,700 |
| 2017 | $2,248 | $224,900 | $19,800 | $205,100 |
| 2016 | $1,761 | $219,500 | $19,800 | $199,700 |
| 2014 | $1,714 | $210,000 | $19,800 | $190,200 |
| 2013 | $1,985 | $207,400 | $19,800 | $187,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2025 10/13/25 | For Sale | $425,000 | -- | $115 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Personal Reps Deed | -- | None Available |
Source: Indiana Regional MLS
MLS Number: 202541710
APN: 01-04-02-400-003.000-007
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