For sale by owner

$255,000

109 S Walnut St, Rising Sun, IN 47040

4beds

2,907sqft

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MultiFamily

Built in 1887

-- sqft lot

$262,600 Zestimate^®

$88/sqft

$-- HOA

What's special

New furnaceRecently paintedNew water heaters

MONTHLY RENTAL INCOME OF $2,255.00 A MONTH including income from rear garage. Come check out this updated multi-unit rental home in Rising Sun! Long term tenants. Limited inventory in the area. This 3 unit home has 2 units renovated. New furnace, new water heaters, and was recently painted and had a new roof installed in 2016. Call today!

What the owner loves about this home

Great tenants. Rental is now in stable income phase. Plenty of opportunity to increase value. Great community.

8 days

281

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Forced air, Gas

Cooling

Wall

Features

Flooring: Tile, Carpet, Laminate
Basement: Unfinished

Interior area

Total interior livable area: 2,907 sqft

Property

Parking

Total spaces: 3
Parking features: Off-street, On-street, Garage

Features

Levels: Two
Exterior features: Vinyl, Brick

Lot

Size: 0.3 Acres

Details

Parcel number: 580602001028000004

Construction

Type & style

Home type: MultiFamily

Materials

brick
Foundation: Crawl/Raised
Roof: Metal

Condition

New construction: No
Year built: 1887

Utilities & green energy

Gas: At Street
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Rising Sun

Financial & listing details

Price per square foot: $88/sqft
Tax assessed value: $206,500
Annual tax amount: $3,702
Date on market: 6/1/2026

Estimated market value

$262,600

$231,000 - $297,000

$1,261/mo

Price history

Date	Event	Price
6/1/2026	Listed for sale	$255,000+34.2%$88/sqft
Source: Owner Report a problem
12/2/2021	Listing removed	--
Source: MLS of Southeastern Indiana Report a problem
9/2/2021	Price change	$190,000-5%$65/sqft
Source: MLS of Southeastern Indiana #194417 Report a problem
5/31/2021	Listed for sale	$199,900$69/sqft
Source: MLS of Southeastern Indiana #194417 Report a problem
5/18/2021	Listing removed	--
Source: MLS of Southeastern Indiana Report a problem
3/4/2021	Listed for sale	$199,900+33.4%$69/sqft
Source: Rider Realty LLC #194417 Report a problem
5/30/2010	Listing removed	$149,900$52/sqft
Source: Hoosier Homestead Real Estate #266729 Report a problem
10/21/2009	Listed for sale	$149,900+11.6%$52/sqft
Source: Hoosier Homestead Real Estate #266729 Report a problem
12/21/2006	Sold	$134,363$46/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,702 +10%	$206,500 +11.6%
2024	$3,364 +33.8%	$185,100 +10%
2023	$2,514 -0.8%	$168,200 +25.3%
2022	$2,534 +5.1%	$134,200 +15.5%
2021	$2,410 +0.5%	$116,200 +5.6%
2020	$2,397 +7.2%	$110,000
2019	$2,236 +4.2%	$110,000 +8.5%
2018	$2,146 +0.8%	$101,400 +3.2%
2017	$2,128 +5.9%	$98,300 -0.9%
2016	$2,009 +38.5%	$99,200 -1.4%
2014	$1,451 +12.3%	$100,600 -0.7%
2013	$1,291 +7.4%	$101,300 +1.6%
2012	$1,203 -12.2%	$99,700 -15.1%
2011	$1,369 +154.8%	$117,500
2010	$537 +15.4%	$117,500 -4%
2009	$466 -61.9%	$122,400 -5.2%
2006	$1,223	$129,100 +48.7%
2005	--	$86,800

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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