Check out 1562 4th Ave, a spacious 3,514 sq. ft. multi-family property on a 0.25-acre corner lot with a fenced in yard. Currently operating as a triplex with a huge front porch and back deck, this property includes a gutted fourth unit with most of the electrical and plumbing in place as well as some building materials included, offering massive upside to finish the space and convert it into a fully functioning fourplex. Major updates are already complete: the property boasts a new roof in 2025, three new water heaters in 2025, freshly painted exterior accents on the porch for curb appeal and low maintenance, plus new interior paint and flooring in the active units. It also features an oversized 1-car detached garage with plumbing and electric for additional storage or rental income if finished out for an efficiency apartment. Located near the new Queen of Terre Haute Casino Resort and local universities, this asset is perfectly situated to attract strong and steady rental demand. Whether you are looking for cash flow or a value-add project, this is a fantastic portfolio addition. Schedule a tour today!
For sale
$114,900
1562 4th Ave, Terre Haute, IN 47807
1beds
1baths
--sqft
Triplex
Built in 1895
-- sqft lot
$121,700 Zestimate®
$--/sqft
$-- HOA
What's special
Fenced in yardBack deckHuge front porch
- 4 days
- 92
- 4
Zillow last checked:
Listing updated:
Listed by:
KYLE MCCLAIN 812-229-1004,
REMAX R.E.A.
Source: THAAR,MLS#: 110732
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Natural Gas, Forced Air
Cooling
- Central Air, Wall/Window Unit(s), Electric
Appliances
- Included: Refrigerator, Elec. Range/Oven
Features
- New Paint, Ceiling Fan(s), Laminate Counters
- Flooring: New Floor Covering, Vinyl, Carpet
- Windows: Window Coverings
- Basement: Partial Basement,Unfinished
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Patio & porch: Porch, Covered Deck
- Exterior features: Gutters/Storm Drain
Details
- Parcel number: 840615432032.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Metal Siding
- Foundation: Brick/Mortar
Condition
- Year built: 1895
Community & HOA
Location
- Region: Terre Haute
Financial & listing details
- Tax assessed value: $171,300
- Annual tax amount: $3,012
- Date on market: 10/13/2026
- Road surface type: Paved
Estimated market value
$121,700
$114,000 - $128,000
$641/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Listed for sale | $114,900-11.5% |
Source:  THAAR #110732 Report a problem | ||
| 9/30/2026 | Listed for sale | $129,900+188.7% |
Source: THAAR #110635 Report a problem | ||
| 3/1/2021 | Sold | $45,000-9.8% |
Source:  MIBOR as distributed by MLS GRID #21759232 Report a problem | ||
| 1/27/2021 | Pending sale | $49,900 |
Source: MIBOR as distributed by MLS GRID #21759232 Report a problem | ||
| 1/26/2021 | Listed for sale | $49,900 |
Source: MIBOR as distributed by MLS GRID #21759232 Report a problem | ||
| 1/11/2021 | Pending sale | $49,900 |
Source: MIBOR as distributed by MLS GRID #21759232 Report a problem | ||
| 1/4/2021 | Listed for sale | $49,900-12.5% |
Source: MIBOR REALTOR Association #21759232 Report a problem | ||
| 2/26/2018 | Listing removed | $57,000 |
Source: CENTURY 21 Advantage #85245 Report a problem | ||
| 2/22/2018 | Listed for sale | $57,000 |
Source: CENTURY 21 Advantage #85245 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,012 +5% | $171,300 +23% |
| 2024 | $2,869 +9.4% | $139,300 +5% |
| 2023 | $2,623 +35.1% | $132,700 +9.4% |
| 2022 | $1,942 | $121,300 +35.1% |
| 2021 | $1,942 +10.4% | $89,800 |
| 2020 | $1,759 +14.6% | $89,800 +4.8% |
| 2019 | $1,536 +113.9% | $85,700 +129.8% |
| 2018 | $718 | $37,300 +3.9% |
| 2017 | $718 -0.3% | $35,900 |
| 2016 | $720 -15.5% | $35,900 -15.7% |
| 2014 | $852 -57.1% | $42,600 -57.1% |
| 2013 | $1,986 -4.2% | $99,300 -4.2% |
| 2011 | $2,072 +151.1% | $103,600 +38.1% |
| 2010 | $825 -1.7% | $75,000 -2.6% |
| 2009 | $840 -53.9% | $77,000 +5.8% |
| 2007 | $1,823 +64% | $72,800 +49.5% |
| 2004 | $1,112 | $48,700 |
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.Climate risks
Neighborhood: 47807
Nearby schools
Schools provided by the listing agent
- Elementary: Ouabache
- Middle: Woodrow Wilson
- High: Terre Haute North
Source: THAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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