$450,000

8372 E Us Highway 36 Avon, IN 46123

Estimated payment $2,692/month

Total Views 202
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.9 Acre Lot
  • 4 Car Detached Garage
  • Central Air
  • Maple Elementary School Rated A

About This Home

Prime investment opportunity in the heart of Avon! Positioned directly on US Highway 36, this versatile property offers the rare combination of immediate cash flow, owner-occupant potential, & future development opportunities-all in one of Avon's most visible & high-demand locations. Property Highlights of Duplex Units: Unit 1: 2,562 sq ft, remodeled in 2013| 3 Bedrooms | 2 Bathrooms | Dining Room | Large Family Room | 2 Spacious Lofts | Lower level that can be finished and used as an entertainment room/ flex space. Currently vacant-ideal for an owner-occupant, long-term rental, or even short-term rental opportunity. Unit 2: 748 sq ft, updated in 2023 | 1 Bedroom | 1 Bathroom & is currently rented at $800/month (lease expires Sept 2026.) Entire property zoned R-2 (Residential or potential commercial), expansive 5,000 sq ft asphalt parking lot-ample space for tenants, clients, or future potential commercial use, 4+ car garage w/ attic storage-previously leased to a mechanic shop & currently leased to a small business owner for $500/mo (lease expires Sept 2027) who uses it for storage for their painting/ flooring business. Large backyard/green space-perfect for further development or outdoor use as well. This is more than just a duplex-it's a prime investment opportunity in Avon's thriving market. Whether you're looking to house-hack, expand your rental portfolio, or develop a property with unbeatable exposure, this property checks all the boxes. Please respect tenant privacy in Unit 2.

Listing Agent

Lindsey Winkhart

RE/MAX Advanced Realty License #RB17000502 Listed on: 09/11/2025

RE/MAX Advanced Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1947 | Remodeled

Parking

  • 4 Car Detached Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space
  • Basement Window Egress

Schools

  • Maple Elementary School
  • Avon Middle School North
  • Avon Intermediate School East
  • Avon High School

Additional Features

  • 2-Story Property
  • 0.9 Acre Lot
  • City Lot
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 321001390008000031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,528

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1947
  • Lot Size Acres: 0.9
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 225000
  • Multi Rooms: 9
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight, Egress Window(s), Partial
  • Levels: Two
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: Sump Pump

Exterior Features

  • Fencing: Partial
  • Foundation Details: Crawl Space
  • List Price: 450000
  • Other Structures: Outbuilding
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached
  • Unit Parking: Guest Parking,Parking Lot,Paved Area

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Solid Waste: No

Fee Information

  • Expenses: 0

Schools

  • Middle Or Junior School: Avon Middle School North
  • MBR_IntermediateSchool: Avon Intermediate School East

Lot Info

  • Lot Features: City Lot, Not In Subdivision, Street Lights
  • Property Attached Yn: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 39204
  • Parcel Number: 321001390008000031
  • Zoning: R-2 (Avon)
  • Acres: 1/2-1 Acre
  • Price Acre: 500000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 1300
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3528
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1764
  • Tax Exemption: None

MLS Schools

  • Elementary School: Maple Elementary School
  • High School: Avon High School

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 $3,528 $157,500 $24,700 $132,800
2023 $6,812 $304,100 $47,400 $256,700
2022 $2,603 $116,200 $18,100 $98,100
2021 $2,622 $116,200 $21,400 $94,800
2020 $2,646 $116,200 $22,000 $94,200
2019 $2,681 $116,200 $21,000 $95,200
2018 $2,368 $100,700 $18,400 $82,300
2017 $2,024 $100,700 $19,000 $81,700
2016 $2,023 $100,700 $19,400 $81,300
2014 $2,023 $100,700 $19,900 $80,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 For Sale $450,000 +87.5% --
10/27/2023 10/27/23 Sold $240,000 +20.0% $73 / Sq Ft
09/05/2023 09/05/23 Price Changed $200,000 +19999900.0% $60 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $1 -100.0% $0 / Sq Ft
04/11/2013 04/11/13 Sold $72,500 -27.4% $16 / Sq Ft
12/24/2012 12/24/12 For Sale $99,800 -- $22 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Sheriffs Deed $158,100 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,750 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $160,271 Future Advance Clause Open End Mortgage
Previous Owner $160,271 Future Advance Clause Open End Mortgage
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22062136

MIBOR Broker Listing Cooperative®

APN: 32-10-01-390-008.000-031