$243,480
SOLD NOV 1, 2023 RENTED JUN 18, 2025

65 W Main St Jamestown, IN 46147

-- Bed
-- Bath
3,040 Sq Ft
7,187 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

8% Below List Price

648 Days on Market

About This Home

As of November 2023

Solid turnkey investment opportunity in a growing community with a cap rate of close to 8%. Seldom a vacancy in this four-unit quad that has over 3000 total square feet. Renovated by a landlord for a landlord. Each unit has baseboard heat with its own water heater. Best of all, each unit is individually metered for electricity and water to keep utilities separate. Water has smart read meters to know exact usage. All units are vacant and repairs and updates are complete. It's ready for new landlord to start fresh.

Last Agent to Sell the Property

Matt Harvey

In-Site Real Estate Services License #RB17001609 Listed on: 12/09/2021

Last Buyer's Agent

Jordan Moody

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,222

Year Built

  • Built in 1910

Parking

  • Alley Access

Home Design

  • Quadruplex
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Basement

Additional Features

  • 7,187 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance, sewer, water
  • The owner pays for insurance, lawncare, taxes, trash collection
  • Tax Lot 20
  • Assessor Parcel Number 060110000001255010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,222

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1910
  • Lot Size Acres: 0.165
  • Structure Type: Quadruplex
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: matt@aihmaintenance.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Insurance, Lawncare, Taxes, Trash Collection
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 265000
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: Parking Lot

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Separate Meters
  • Laundry Features: Connections Some
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 5450

Lot Info

  • Lot Features: Access
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Vacant
  • Lot Size Sq Ft: 7187
  • Parcel Number: 060110000001255010
  • Zoning: C2
  • Acres: <1/4 Acre
  • Price Acre: 1475636

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance, Sewer, Water

Multi Family

  • Net Operating Income: 20342
  • Gross Income: 25800
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2222
  • Tax Lot: 20
  • Semi Annual Property Tax Amt: 1111
  • Tax Exemption: None

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Rented $895 0.0% --
06/09/2025 06/09/25 Under Contract -- -- --
05/28/2025 05/28/25 For Rent $895 0.0% --
11/01/2023 11/01/23 Sold $243,480 0.0% $80 / Sq Ft
10/30/2023 10/30/23 Rented $685 +1.5% --
10/23/2023 10/23/23 For Rent $675 0.0% --
09/19/2023 09/19/23 Pending -- -- --
08/12/2023 08/12/23 Price Changed $265,000 0.0% $87 / Sq Ft
08/12/2023 08/12/23 For Sale $265,000 +8.8% $87 / Sq Ft
12/30/2021 12/30/21 Off Market $243,480 -- --
12/09/2021 12/09/21 For Sale $239,000 -- $79 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21828204

MIBOR Broker Listing Cooperative®

APN: 06-01-10-000-001.255-010