3 apartments and a separate rented 30X40 garage yield solid monthly income. Metal roof is only 10 years old. This is an attractive multi-family with clean tenants and well maintained units. Join this Rivertown within walking distance of the Ohio River and many activities. This is a golf cart community. All leases transfer with ownership.
For sale
Price cut: $7K (10/7)
$238,000
109 S Walnut St, Rising Sun, IN 47040
4beds
3,770sqft
Multi Family
Built in 1947
-- sqft lot
$230,500 Zestimate®
$63/sqft
$-- HOA
What's special
- 38 days
- 214
- 14
Zillow last checked:
Listing updated:
Listed by:
Jay Knowles,
Coldwell Banker Realty
Source: MLS of Southeastern Indiana,MLS#: 208352
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Laundry: In Unit
Features
- Windows: Double Hung, Vinyl
- Basement: Partial
- Has fireplace: Yes
- Fireplace features: Inoperable
Interior area
- Total structure area: 5,655
- Total interior livable area: 3,770 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, On Street, Garage Faces Rear, Detached, With Electric, Concrete
- Garage spaces: 4
- Has uncovered spaces: Yes
- Details: Assigned Parking
Features
- Levels: Two
- Stories: 2
- Frontage length: 0
Lot
- Size: 0.29 Acres
- Dimensions: 66 X 190
Details
- Parcel number: 580602001028000004
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Year built: 1947
Utilities & green energy
- Gas: Natural
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Rising Sun
Location
- Region: Rising Sun
Financial & listing details
- Price per square foot: $63/sqft
- Tax assessed value: $206,500
- Annual tax amount: $3,991
- Date on market: 9/17/2026
- Total actual rent: 2575
- Tenant pays: Cable TV, Electricity, Insurance, Interior Maintenance
- Road surface type: Paved
Estimated market value
$230,500
$219,000 - $242,000
$1,560/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Price change | $238,000-2.9%$63/sqft |
Source: MLS of Southeastern Indiana #208352 Report a problem | ||
| 9/17/2026 | Price change | $245,000-2%$65/sqft |
Source: MLS of Southeastern Indiana #208352 Report a problem | ||
| 7/1/2026 | Price change | $249,900-2%$66/sqft |
Source: Owner Report a problem | ||
| 6/1/2026 | Listed for sale | $255,000+34.2%$68/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%$50/sqft |
Source: MLS of Southeastern Indiana #194417 Report a problem | ||
| 5/31/2021 | Listed for sale | $199,900$53/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%$53/sqft |
Source: Rider Realty LLC #194417 Report a problem | ||
| 5/30/2010 | Listing removed | $149,900$40/sqft |
Source: Hoosier Homestead Real Estate #266729 Report a problem | ||
| 10/21/2009 | Listed for sale | $149,900+11.6%$40/sqft |
Source: Hoosier Homestead Real Estate #266729 Report a problem | ||
| 12/21/2006 | Sold | $134,363$36/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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 47040
Nearby schools
Schools provided by the listing agent
- Elementary: Ohio County Elementa
- High: Rising Sun High Scho
- District: Rising Sun - Ohio Co
Source: MLS of Southeastern Indiana. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





