**Turnkey Investment Opportunity with Immediate Cash Flow!** Welcome to **1723 Thompson Avenue in Terre Haute**, a beautifully remodeled investment property that is ready to generate income from day one. With quality updates throughout and a well-maintained interior, this home offers an excellent opportunity to add a performing asset to your real estate portfolio. The property is **currently leased for $1,550 per month through March 2027**, providing reliable, immediate rental income with an established tenant already in place. Whether you're a seasoned investor or looking to purchase your first rental property, this is a turnkey opportunity with built-in cash flow. Conveniently located near shopping, dining, schools, and major roadways, this property combines strong rental performance with an attractive location. **Property Highlights:** * Beautifully remodeled * Well-maintained and move-in ready * Tenant in place with lease through **March 2027** * Current rental income of **$1,550 per month** * Excellent turnkey investment opportunity * Convenient Terre Haute location **DO NOT DISTURB TENANTS** **Showing with accepted offer only - home inspection provided** Don't miss the opportunity to own an income-producing property with dependable cash flow already in place!
Active
Price cut: $4.5K (8/28)
$155,500
1723 Thompson Ave, Terre Haute, IN 47803
3beds
2,679sqft
Single Family Residence
Built in 1905
4,356 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautifully remodeledWell-maintained and move-in ready
- 27 days
- 682
- 67
Zillow last checked:
Listing updated:
Listed by:
Steven Coston 317-420-1181,
Realty of America LLC
Source: IRMLS,MLS#: 202632173
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,679
- Total interior livable area: 2,679 sqft
- Finished area above ground: 2,679
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,356 Square Feet
- Dimensions: 40X106
- Features: Level, Few Trees
Details
- Parcel number: 840627233005.000002
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: None
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Terre Haute
Financial & listing details
- Tax assessed value: $124,300
- Annual tax amount: $2,626
- Date on market: 8/7/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Price change | $155,500-2.8% |
Source: | ||
| 8/7/2026 | Listed for sale | $160,000-8.5% |
Source: | ||
| 2/7/2026 | Listing removed | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/27/2026 | Listed for rent | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/20/2026 | Listing removed | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/16/2026 | Listed for rent | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/17/2025 | Listing removed | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/15/2025 | Price change | $1,550-3.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/17/2025 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/14/2025 | Listing removed | $174,900$65/sqft |
Source: | ||
| 8/5/2025 | Price change | $174,900-1.7%$65/sqft |
Source: | ||
| 6/15/2025 | Price change | $178,000-2.7%$66/sqft |
Source: | ||
| 5/6/2025 | Price change | $182,900-1.1%$68/sqft |
Source: | ||
| 4/7/2025 | Price change | $184,900-2.6%$69/sqft |
Source: | ||
| 3/8/2025 | Price change | $189,900-5%$71/sqft |
Source: | ||
| 2/17/2025 | Price change | $199,999-2.4%$75/sqft |
Source: | ||
| 1/17/2025 | Listed for sale | $205,000+128%$77/sqft |
Source: | ||
| 6/30/2024 | Listing removed | -- |
Source: | ||
| 6/25/2024 | Price change | $89,900-5.9%$34/sqft |
Source: | ||
| 6/17/2024 | Listed for sale | $95,500+496.9%$36/sqft |
Source: | ||
| 10/29/2019 | Sold | $16,000-5.9%$6/sqft |
Source: Agent Provided Report a problem | ||
| 9/21/2019 | Listed for sale | $17,000+13.3%$6/sqft |
Source: RE/MAX Real Estate Associates #90377 Report a problem | ||
| 3/21/2018 | Sold | $15,000-28.6%$6/sqft |
Source: Public Record Report a problem | ||
| 1/19/2018 | Price change | $21,000-13.9%$8/sqft |
Source: LJ MICHAELS INC #84823 Report a problem | ||
| 12/19/2017 | Listed for sale | $24,400-12.5%$9/sqft |
Source: LJ MICHAELS INC #84823 Report a problem | ||
| 11/16/2017 | Sold | $27,900$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,050 +4.9% | $124,300 +31.1% |
| 2024 | $1,954 +9% | $94,800 +4.9% |
| 2023 | $1,792 +8.8% | $90,400 +9% |
| 2022 | $1,648 +7.6% | $82,900 +8.8% |
| 2021 | $1,531 +83.7% | $76,200 +7.6% |
| 2020 | $833 +15.1% | $70,800 +83.4% |
| 2019 | $724 +28.5% | $38,600 -42.2% |
| 2018 | $564 -4.5% | $66,800 +4.4% |
| 2017 | $590 +6.3% | $64,000 |
| 2016 | $555 +1.3% | $64,000 +2.6% |
| 2014 | $548 -10.3% | $62,400 +2.1% |
| 2013 | $611 +1.8% | $61,100 -16.9% |
| 2011 | $600 +48.2% | $73,500 +31.5% |
| 2010 | $405 -1.9% | $55,900 -2.6% |
| 2009 | $413 +23.8% | $57,400 +4.7% |
| 2007 | $334 -45.4% | $54,800 -0.4% |
| 2004 | $611 | $55,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 47803
Nearby schools
Schools provided by the listing agent
- Elementary: Davis Park
- Middle: Woodrow Wilson
- High: Terre Haute South Vigo
- District: Vigo County School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






