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Active
    • $250,000

    406 S Walnut St, Crawfordsville, IN 47933

    4beds
    2baths
    --sqft
    : 
    $1,589/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1900
    -- sqft lot
    $243,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Central airGas heatFully renovated duplexLaundry hookupsBeautifully updated duplexTwo well-appointed units
    Extensively remodeled down to the studs, this beautifully updated duplex offers a turnkey investment opportunity in the heart of Crawfordsville. Featuring two well-appointed units totaling 2,520 square feet, the property generates $2,400 in monthly rental income, with the one-bedroom, one-bath unit renting for $950 per month and the spacious three-bedroom, one-and-a-half-bath unit renting for $1,450 per month. Each unit includes central air, gas heat, laundry hookups, range/oven, refrigerator, and the larger unit also features a dishwasher. This property is an excellent option for investors seeking immediate cash flow or buyers planning ahead for future owner occupancy. Once the current leases expire, you could choose to live in one unit while renting the other to help offset your mortgage. Please note that both units are currently occupied and subject to tenant rights until June,2027. Conveniently located near downtown Crawfordsville, shopping, dining, parks, and schools, this fully renovated duplex is a rare opportunity to own a low-maintenance, income-producing property with long-term flexibility.
    14 days
    |
    438
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Taylor 765-225-4123,

    Taylor Real Estate Specialists

    Source: MIBOR as distributed by MLS GRID,MLS#: 22113751MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air, Natural Gas, High Efficiency (90%+ AFUE )
      Cooling
      • Central Air, Separate Meters
      Appliances
      • Laundry: Connections All, Main Level, Upper Level
      Features
      • Basement: Exterior Entry,Full,Storage Space,Unfinished

      Property

      Parking
      • Parking features: Gravel
      • Details: Unit Parking(On Street, Other)
      Features
      • Levels: Three Or More
      • Exterior features: Smart Lock(s)
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 4,356 Square Feet
      • Features: City Lot, Curbs, Not In Subdivision, Sidewalks, Street Lights, Mature Trees
      Details
      • Parcel number: 541005222068000030
      • Zoning: R2
      • Special conditions: Sales Disclosure On File

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family, Duplex
      Materials
      • Aluminum Siding
      • Foundation: Block, Brick/Mortar, Full
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1900

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: No Subdivision
      Location
      • Region: Crawfordsville

      Financial & listing details

      • Tax assessed value: $37,300
      • Annual tax amount: $856
      • Date on market: 7/14/2026
      • Cumulative days on market: 17 days
      • Tenant pays: Cable TV, Electricity, Insurance, Trash Collection
      • Road surface type: Asphalt

        Estimated market value

        $243,200

        $231,000 - $255,000

        $894/mo

        Price history

        DateEventPrice
        7/14/2026Listed for sale$250,000+400%
        Source: MIBOR as distributed by MLS GRID #22113751 Report a problem
        10/7/2024Sold$50,000
        Source: MIBOR as distributed by MLS GRID #21996460 Report a problem
        9/6/2024Pending sale$50,000
        Source: MIBOR as distributed by MLS GRID #21996460 Report a problem
        8/26/2024Listed for sale$50,000+151.3%
        Source: MIBOR as distributed by MLS GRID #21996460 Report a problem
        8/4/2020Listing removed$19,900
        Source: RE/MAX Ability Plus #21679899 Report a problem
        6/30/2020Pending sale$19,900
        Source: RE/MAX Ability Plus #21679899 Report a problem
        4/30/2020Listed for sale$19,900
        Source: RE/MAX Ability Plus #21679899 Report a problem
        4/27/2020Pending sale$19,900
        Source: RE/MAX Ability Plus #21679899 Report a problem
        4/13/2020Price change$19,900-20.1%
        Source: RE/MAX Ability Plus #21679899 Report a problem
        2/4/2020Price change$24,900-14.1%
        Source: RE/MAX Ability Plus #21679899 Report a problem
        1/13/2020Price change$29,000-17.1%
        Source: RE/MAX Ability Plus #21679899 Report a problem
        11/5/2019Listed for sale$35,000+133.3%
        Source: RE/MAX Ability Plus #21679899 Report a problem
        2/12/2010Sold$15,000-48.1%
        Source: Agent Provided Report a problem
        11/10/2009Sold$28,900
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$849 +20.5%$37,300 +8.7%
        2024$705 -30.8%$34,300 +16.3%
        2023$1,018 +10.7%$29,500 -27.7%
        2022$920 +0.8%$40,800 +14.6%
        2021$913 +1.7%$35,600 +1.1%
        2020$897 +17.7%$35,200 +2.9%
        2019$763 +2.4%$34,200 +7.2%
        2018$745 -33.2%$31,900 +2.9%
        2017$1,115 +53.6%$31,000 +3.7%
        2016$726 -0.6%$29,900 +0.3%
        2014$731 -19.7%$29,800 -16.3%
        2013$909 +24.8%$35,600 +12.7%
        2012$729 +2.9%$31,600 -10.2%
        2011$708 -11.9%$35,200 -12%
        2010$804 +0.5%$40,000
        2009$800 -43.7%$40,000 -0.7%
        2007$1,421 $40,300
        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.
        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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        Climate risks

        Neighborhood: 47933

        Getting around

        62 / 100
        Somewhat Walkable
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Crawfordsville Middle School

        Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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