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For sale
  • Price cut: $7K (10/7)
    $238,000

    109 S Walnut St, Rising Sun, IN 47040

    4beds
    3,770sqft
    : 
    $1,639/mo
    Get pre-qualified
    Multi Family
    Built in 1947
    -- sqft lot
    $230,500 Zestimate®
    $63/sqft
    $-- HOA

    What's special

    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.
    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

        DateEventPrice
        10/7/2026Price change$238,000-2.9%$63/sqft
        Source: MLS of Southeastern Indiana #208352 Report a problem
        9/17/2026Price change$245,000-2%$65/sqft
        Source: MLS of Southeastern Indiana #208352 Report a problem
        7/1/2026Price change$249,900-2%$66/sqft
        Source: Owner Report a problem
        6/1/2026Listed for sale$255,000+34.2%$68/sqft
        Source: Owner Report a problem
        12/2/2021Listing removed--
        Source: MLS of Southeastern Indiana Report a problem
        9/2/2021Price change$190,000-5%$50/sqft
        Source: MLS of Southeastern Indiana #194417 Report a problem
        5/31/2021Listed for sale$199,900$53/sqft
        Source: MLS of Southeastern Indiana #194417 Report a problem
        5/18/2021Listing removed--
        Source: MLS of Southeastern Indiana Report a problem
        3/4/2021Listed for sale$199,900+33.4%$53/sqft
        Source: Rider Realty LLC #194417 Report a problem
        5/30/2010Listing removed$149,900$40/sqft
        Source: Hoosier Homestead Real Estate #266729 Report a problem
        10/21/2009Listed for sale$149,900+11.6%$40/sqft
        Source: Hoosier Homestead Real Estate #266729 Report a problem
        12/21/2006Sold$134,363$36/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 47040

        Getting around

        52 / 100
        Somewhat Walkable

        Nearby schools

        GreatSchools rating
        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.

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