Great Investment opportunity in Rising Sun! This duplex is perfect for generating rental income or offsetting your mortgage. The first-floor unit is occupied by a long-term tenant, providing immediate income, while the second-floor unit is vacant and ready for your vision. Owner pays water/trash (approx. $75/month); tenant covers gas/electric. Property sold as-is. Don't miss out!
For sale
Price cut: $20K (11/12)
$129,900
321 2nd St, Rising Sun, IN 47040
3beds
1,470sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$88/sqft
$-- HOA
What's special
- 278 days |
- 302 |
- 17 |
Zillow last checked: 8 hours ago
Listing updated: November 12, 2025 at 02:37am
Listed by:
Alexis Jent,
Huff Realty Indiana
Source: SEIBR,MLS#: 204767
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- None
Cooling
- Window Unit(s)
Appliances
- Laundry: None
Features
- Windows: Vinyl
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,470
- Total interior livable area: 1,470 sqft
Property
Parking
- Parking features: On Street, No Garage
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Frontage length: 0
Lot
- Size: 6,969.6 Square Feet
Details
- Parcel number: 580602002022000004
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Other, Vinyl Siding
- Foundation: Stone
- Roof: Metal
Condition
- Year built: 1900
Utilities & green energy
- Gas: At Street
- Water: Public
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Subdivision: Rising Sun
Location
- Region: Rising Sun
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $93,800
- Annual tax amount: $1,696
- Date on market: 4/4/2025
- Total actual rent: 1400
- Tenant pays: Electricity, Gas
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,505/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Price change | $129,900-13.3%$88/sqft |
Source: SEIBR #204767 Report a problem | ||
| 4/4/2025 | Listed for sale | $149,900+114.1%$102/sqft |
Source: SEIBR #204767 Report a problem | ||
| 10/14/2020 | Sold | $70,000-7.8%$48/sqft |
Source: | ||
| 7/28/2020 | Pending sale | $75,900$52/sqft |
Source: Fehrman Realty #1663294 Report a problem | ||
| 5/29/2020 | Listed for sale | $75,900+38.3%$52/sqft |
Source: Fehrman Realty #192826 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,696 +23.4% | $93,800 +10.6% |
| 2023 | $1,375 -0.9% | $84,800 +15.5% |
| 2022 | $1,387 +11.1% | $73,400 +15.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$726/mo
Principal & interest
$615
Property taxes
$66
Home insurance
$45
Climate risks
Neighborhood: 47040
Nearby schools
GreatSchools rating
- 6/10Ohio County Elementary-Middle SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Ohio County Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Rising Sun High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Ohio County Elementa
- High: Rising Sun High Scho
- District: Rising Sun - Ohio Co
Source: SEIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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