Price Reduction
Address
115 W Main Street, Monrovia, IN
Price
$ 154,900
Property Attributes
  • MLS#21966858
  • TypeSingle Family
  • CountyMORGAN
  • CityMonrovia
  • AreaMonroe
  • Zip46157
  • StyleTraditonalAmerican
  • Year Built1900
  • Taxes$ 1308
  • Price$ 154,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size8,712 SqFt
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

This property has a commercial zoning BUT residential is grandfathered in until it changes usage. Under the carpeted areas are hardwood floors. The seller's disclosure gives a lot of information about the major concerns like roof, electrical, and foundation. Attached documents includes a foundation inspection report. This little home is a perfect starter, rental income, or a small business. Downtown Monrovia is very attractive. The 2nd bedroom doesn't have a closet and would need a wardrobe cabinet. The kitchen is all country & efficient. There's a 10x06 Mudroom off the kitchen with loads of storage for outdoor equipment, backpacks, and all those shoes. The storage barn is not on a permanent foundation and can be relocated somewhere on this large lot. For those wanting a future rental business...live in this home today and rent when you're ready to move on. Or if you're thinking of starting a business... this is definitely an affordable way to start that as well. Great investment for anyone's future plans. The living room is very spacious with bedrooms on both sides. The bathroom also has a closet/storage room about 06x06 with vinyl floor. Everything works according to the tenant who moved for medical reasons. Tenant said she filled the propane tank twice a year and estimated about $900-$1000 per year for fill-ups seller will nand usually had more in the tank. Walk to school, convenient mart, or a dollar store. There is alley access if you ever wanted a garage/pole barn? Street parking is also available. Business on both sides of this home do not cause distractions due to their type of businesses. You can also walk to get a sandwich down the street or a larger meal across the street. The fenced back yard is perfect for little ones and/or dog lovers or both. You can do any updates as you live in the home. Make this your home at an affordable price. Seller will not pay for any appraisal required repairs. Not expected any repairs.

Price History
3/4/2024 Listed $179,900
3/26/2024 7% - $168,000
4/23/2024 8% - $154,900

General Features

Interior Features Attic Access,Hardwood Floors,Network Ready
Heating Forced Air,Propane
Cooling Central Electric
Utilities Cable Available,Electricity Connected,Sewer Connected,Water Connected
Possession Closing
Appliances Electric Oven,Refrigerator
Exterior Features Storage Shed
Patio/Porch Features Covered Porch
Architectural Style TraditonalAmerican
Construction Materials Wood
Year Built 1900
Township Monroe
Levels One
Property SubType Single Family Residence
Tax Year 2023
County Morgan
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name No Subdivision
Garage Y/N No
Total Rooms 5
Status Active
Directions GPS Friendly
ModificationTimestamp 2024-04-23T00:07:06.331Z
City Monrovia
Buyer Agent Compensation 3.0
High School District Monroe-Gregg School District
MLS Area 5502 - Morgan - Monroe
Lot Size Square Feet 8799
Waterfront Y/N No
Street Name Main
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Additional Parcels Y/N No
Days on Market 50
Standard Status Active
Tax Lot 3
Buyer Agent Compensation Type %
Legal Description Lot 3 Blk 1 Jehu Carters 1st Addn Exc .02 A

Interior Features

Basement (Y/N) No
Full Baths 1
Street Suffix Street
Total Bedrooms 2
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Fencing Chain Link,Fence Full Rear
Parking Features Alley Access
Lot Features Not In Subdivision,Sidewalks,Street Lights,Suburb,Zoned
Water Source Municipal/City
Foundation Details Cellar,Crawl Space,Brick,Full
Spa No
Lot Size Acres 0.2
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46157

Price
AVG $390K
$150K
Taxes
AVG $1,874
$1,308
Visits
AVG 191
165
Data Provided by Inside Real Estate®
Year Built
AVG 1994
1900

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