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For sale by owner
    • Price cut: $5.1K (7/1)
    $249,900

    109 S Walnut St, Rising Sun, IN 47040

    4beds
    2,907sqft
    : 
    $1,653/mo
    Get pre-qualified
    MultiFamily
    Built in 1887
    -- sqft lot
    $-- Zestimate®
    $86/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.
    100 days
    315
    9
    Listed by:

    Property Owner (812) 363-3142

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      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: $86/sqft
      • Tax assessed value: $206,500
      • Annual tax amount: $3,702
      • Date on market: 6/1/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,617/mo

        Price history

        DateEventPrice
        7/1/2026Price change$249,900-2%$86/sqft
        Source: Owner Report a problem
        6/1/2026Listed for sale$255,000+34.2%$88/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%$65/sqft
        Source: MLS of Southeastern Indiana #194417 Report a problem
        5/31/2021Listed for sale$199,900$69/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%$69/sqft
        Source: Rider Realty LLC #194417 Report a problem
        5/30/2010Listing removed$149,900$52/sqft
        Source: Hoosier Homestead Real Estate #266729 Report a problem
        10/21/2009Listed for sale$149,900+11.6%$52/sqft
        Source: Hoosier Homestead Real Estate #266729 Report a problem
        12/21/2006Sold$134,363$46/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.
        Get pre-qualified

        Climate risks

        Neighborhood: 47040

        Getting around

        52 / 100
        Somewhat Walkable
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Rising Sun - Ohio Co

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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