Active

404 S Main Street

Whitestown, IN 46075

$499,900 $2,107/Mo

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Overview

Bed

Bath

0.17

Acre(Lot)

Description

Rare opportunity to own one of Whitestown's only duplexes! The last duplex sale in Whitestown occurred more than a decade ago, making this a unique chance to own a multi-family property in one of Indiana's fastest-growing communities. Rare opportunity to own one of Whitestown's only duplexes! The last duplex sale in Whitestown occurred more than a decade ago, making this a unique chance to own a multi-family property in one of Indiana's fastest-growing communities. Extensively rebuilt from the ground up, nearly every component of this property was replaced during a comprehensive renovation. The project underwent a rigorous city inspection process throughout construction, providing confidence in the quality of workmanship and years of low-maintenance ownership ahead. Currently prod ucing $5,400/month in gross rental income through mid-term rentals, this property offers multiple investment strategies. Continue operating as a mid-term rental, which remains attractive due to the nearby growth and major developments from Eli Lilly and Meta. House hack by living in one unit and renting the other, explore short-term rental opportunities with AirDNA projections of approximately $6,500/month, or lease both units long-term and capitalize on strong rental demand. Quality upgrades include oversized HVAC systems for both units, premium LVP flooring, open-concept layouts, granite countertops, islands, backsplashes, stainless steel appliances, and brand-new LG Black Steel stackable washer and dryer sets. A monitored alarm system is scheduled for installation in the first-floor unit. The property offers ample parking with two driveway spaces plus five dedicated rear parking spots. Located just steps from Moontown Brewing Company and a short walk to Panther Park, you'll enjoy easy access to dining, entertainment, and outdoor recreation. Whether you're seeking a turnkey investment, owner-occupied income property, or flexible rental opportunity, properties like this r

Property Details

Property Type : Residential Income

Price : $499,900

AD Id : 79649987

MLS Id : MBR22105123

Lot Size : 0.17 Acre

Year Built : 1901

County : Boone

Subdivision: No Subdivision

Map

What's Nearby

Nearby Areas

Features

Interior Features

Roof: Asphalt Laundry Features: Laundry Room

Roofing Information

Asphalt
Flooring Information

Construction Materials: Vinyl Siding
Heating & Cooling

Heating: Forced Air Cooling: Central Air

Building Information

Year Built: 1901

Lot Information

Lot Description: Sidewalks, Suburb Lot Square Feet: 7187 Lot Acres: 0.17

Property Information

Property Type: Residential Income Sub Type: Duplex Style: Traditional Structure Type: Duplex

Listing Price Information

Original List Price:$499900

Tax Information

Tax Lot: 4 Tax Legal Description: Smiths First Addition Lot 4 & Pt Of Vacated Alley Tax Year: 2025 Parcel Number: 060819000001321019 Tax Exemption: None

Parking Information

Alley Access, Gravel

School Information

Elementary School: Perry Worth Elementary School Junior High School: Lebanon Middle School Senior High School: Lebanon Senior High School
Location Information

Subdivision: No Subdivision City: Whitestown Direction: GPS Friendly

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ByOwner last updated this listing 06/16/2026 @ 06:20

MLS: MIBOR #22105123 LISTED BY: Travis Carpenter, Indiana Ford Realty LLC 219-921-9051 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)