Check out this incredible investment opportunity with a 6-plex in Berne, IN! 6 one bedroom, one bathroom apartments! Separate electric meters and boxes and separate water heaters. Seller pays water bill, tenant pays elec. With updating, this property has potential to be an excellent investment!
Closed
$150,000
260 S Jefferson St, Berne, IN 46711
6beds
3,318sqft
Multi Family
Built in 1900
-- sqft lot
$153,500 Zestimate®
$--/sqft
$1,178 Estimated rent
Home value
$153,500
Estimated sales range
Not available
$1,178/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Joel M Griebel Cell:260-580-7614,
Coldwell Banker Real Estate Gr,
Robert Griebel,
Coldwell Banker Real Estate Gr
Bought with:
Derek Pearson, RB21000972
Perfect Location Realty
Source: IRMLS,MLS#: 202541044
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Storage, Eat-in Kitchen, Entrance Foyer
- Flooring: Carpet, Unfinished, Vinyl Tile
- Basement: Crawl Space,Partial,Block,Concrete
Interior area
- Total structure area: 4,308
- Total interior livable area: 3,318 sqft
- Finished area above ground: 3,318
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Gravel, Off Street Parking
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Fencing: None
Lot
- Size: 8,712 Square Feet
- Dimensions: 66X132
- Features: Corner Lot, Level, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 011104101083.000018
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Indiana Michigan Power
- Gas: None
- Sewer: City
- Water: City
Community & HOA
Community
- Features: Sidewalks
- Subdivision: None
Location
- Region: Berne
Financial & listing details
- Tax assessed value: $157,400
- Annual tax amount: $3,028
- Date on market: 10/10/2025
- Listing terms: Cash
- Inclusions: Building, Land, Lease
- Lease term: Month To Month
- Total actual rent: 9600
- Tenant pays: Electricity, Heating, Deposit Value
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $150,000-16.6% |
Source:  IRMLS #202541044 Report a problem | ||
| 1/22/2026 | Pending sale | $179,900 |
Source: IRMLS #202541044 Report a problem | ||
| 1/15/2026 | Price change | $179,900-16.3% |
Source: IRMLS #202541044 Report a problem | ||
| 1/9/2026 | Price change | $215,000-6.5% |
Source: IRMLS #202541044 Report a problem | ||
| 10/10/2025 | Listed for sale | $230,000 |
Source: IRMLS #202541044 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,012 +8.2% | $157,400 +4.5% |
| 2024 | $2,784 +9.8% | $150,600 +8.2% |
| 2023 | $2,536 +11.5% | $139,200 +9.8% |
| 2022 | $2,274 +7.9% | $126,800 +11.5% |
| 2021 | $2,108 +3.6% | $113,700 +7.9% |
| 2020 | $2,034 +5.2% | $105,400 +3.6% |
| 2019 | $1,934 +4.3% | $101,700 +5.2% |
| 2018 | $1,854 +5% | $96,700 +4.7% |
| 2017 | $1,766 | $92,400 +5% |
| 2016 | $1,766 +1.2% | $88,000 +0.8% |
| 2014 | $1,746 -5.7% | $87,300 -5.7% |
| 2013 | $1,852 +4.4% | $92,600 +4.4% |
| 2012 | $1,774 -9.4% | $88,700 -9.4% |
| 2011 | $1,958 | $97,900 |
| 2010 | $1,958 +1.7% | $97,900 +1.7% |
| 2009 | $1,926 -26.2% | $96,300 -2.5% |
| 2007 | $2,609 | $98,800 -3.2% |
| 2006 | -- | $102,100 |
Find assessor info on the county website
Neighborhood: 46711
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Nearby schools
GreatSchools rating
- 7/10South Adams Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 8/10South Adams Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10South Adams High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: South Adams
- Middle: South Adams
- High: South Adams
- District: South Adams
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Adams County
- Berne
- 46711
- 260 S Jefferson St
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