Investment Opportunity - Duplex or Single-Family Home, Your Choice! Currently zoned as a duplex, this versatile 2-story property offers multiple possibilities for investors, owner-occupants, or those looking for a multi-generational living arrangement. The main level features 2 bedrooms (one very small), a kitchen, and an ADA-accessible 3/4 bath with wheelchair ramp access. The upper level offers additional bedrooms, a second kitchen, and a full bath. An interior spiral staircase currently connects both levels and can easily be removed to restore complete separation between the units. Whether you're looking to maintain it as a duplex or convert it to a spacious single-family residence, the flexibility is yours. The home does need updating and repairs, making it an excellent opportunity to add value and build equity. Property is being sold As-Is.
Active
Price cut: $5K (6/25)
$115,000
206 S 3rd St, Kentland, IN 47951
5beds
--sqft
Duplex
Built in 1938
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 26 days |
- 589 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Katherine Wietbrock,
McColly Real Estate 219-987-4499
Source: NIRA as distributed by MLS GRID,MLS#: 840271
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Forced Air, Other, Natural Gas
Appliances
- Included: Electric Range
- Laundry: Electric Dryer Hookup, Washer Hookup, Main Level, Laundry Room, Gas Dryer Hookup
Features
- Laminate Counters
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Finished area above ground: 1,792
Property
Parking
- Parking features: Driveway, Off Street, Gravel
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Full Bath, Accessible Approach with Ramp
Features
- Levels: One and One Half
- Patio & porch: Deck, Porch
- Exterior features: Rain Gutters
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,499 Square Feet
- Features: Corner Lot, Few Trees
Details
- Parcel number: 561621443094000011
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Fixer
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Kentland Additions E
HOA
- Has HOA: No
Location
- Region: Kentland
Financial & listing details
- Tax assessed value: $83,600
- Annual tax amount: $588
- Date on market: 6/6/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,308/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $115,000-4.2% |
Source:  NIRA as distributed by MLS GRID #840271 Report a problem | ||
| 6/6/2026 | Listed for sale | $120,000+172.7% |
Source: NIRA as distributed by MLS GRID #840271 Report a problem | ||
| 6/15/2015 | Sold | $44,000-4.1% |
Source: NIRA as distributed by MLS GRID #363030 Report a problem | ||
| 12/13/2014 | Price change | $45,900-23.4% |
Source: Novotny Real Estate and Insurance #353911 Report a problem | ||
| 7/9/2014 | Listed for sale | $59,900 |
Source: Novotny Real Estate and Insurance #353911 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $393 +0% | $83,600 +22.9% |
| 2024 | $393 +13.3% | $68,000 +8.5% |
| 2023 | $347 +13.1% | $62,700 +5.9% |
| 2022 | $307 +0.8% | $59,200 +21.3% |
| 2021 | $304 +10.7% | $48,800 +3% |
| 2020 | $275 -16.6% | $47,400 |
| 2019 | $330 +15.9% | $47,400 |
| 2018 | $284 +2.2% | $47,400 +6.3% |
| 2017 | $278 +30.5% | $44,600 -1.1% |
| 2016 | $213 +7.1% | $45,100 +40.1% |
| 2014 | $199 +2.2% | $32,200 +9.5% |
| 2013 | $195 +2.5% | $29,400 +1.7% |
| 2012 | $190 +2.8% | $28,900 +3.6% |
| 2011 | $185 -14.4% | $27,900 -14.7% |
| 2010 | $216 +6.1% | $32,700 -1.8% |
| 2009 | $203 -18.3% | $33,300 -15.1% |
| 2007 | $249 -38% | $39,200 -0.8% |
| 2006 | $401 | $39,500 +0.5% |
| 2005 | -- | $39,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47951
Nearby schools
GreatSchools rating
- 6/10South Newton Elementary SchoolGrades: PK-5Distance: 4.2 mi
- 5/10South Newton Middle SchoolGrades: 6-8Distance: 4.3 mi
- 3/10South Newton Senior High SchoolGrades: 9-12Distance: 4.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Newton County
- Kentland
- 47951
- 206 S 3rd St
Nearby cities
Nearby zip codes
Other Kentland Topics
