Exceptional investment opportunity just north of Purdue University! Built in 2020, this well-appointed duplex offers the perfect combination of peaceful country living and a convenient commute to campus, shopping, dining, and everyday amenities. Each spacious unit features three bedrooms, two full bathrooms, and an attached two-car garage. The desirable split-bedroom floor plan provides added privacy, with the primary suite positioned separately from the secondary bedrooms. An open-concept great room, dining area, and kitchen create a bright, inviting space ideal for modern living and entertaining. Each kitchen includes a breakfast bar and stainless steel appliances. With newer construction, attractive finishes, functional layouts, and a sought-after location near Purdue, this turnkey, income-producing property offers outstanding rental potential and long-term value. Live in one side and rent the other, add a quality duplex to your investment portfolio, or explore multi-generational living possibilities. These impressive, move-in-ready units are a rare find!
Active
Price cut: $5K (9/14)
$314,900
406 S Lincoln Ave, Fowler, IN 47944
3beds
2baths
--sqft
Multi Family, Duplex
Built in 2020
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Attractive finishesFunctional layoutsAttached two-car garageThree bedroomsDesirable split-bedroom floor planStainless steel appliancesBright inviting space
- 43 days
- 209
- 6
Zillow last checked:
Listing updated:
Listed by:
Michelle Chandler michellechandler@kw.com,
Keller Williams Indy Metro Partners,
Kyle Strakis 317-292-1404,
Keller Williams Indy Metro Partners
Source: MIBOR as distributed by MLS GRID,MLS#: 22120756
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Laundry: Laundry Closet, Main Level
Features
- Has basement: No
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 2
- Details: Unit Parking(2 Car Garage)
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,969 Square Feet
- Features: City Lot, Corner Lot, Not In Subdivision, Street Lights, Mature Trees
Details
- Parcel number: 040815224092000004
- Special conditions: Other
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Vinyl With Stone
- Foundation: Slab
Condition
- New construction: No
- Year built: 2020
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Fowler
Financial & listing details
- Tax assessed value: $195,000
- Annual tax amount: $4,346
- Date on market: 8/18/2026
- Cumulative days on market: 43 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Price change | $314,900-1.6% |
Source:  MIBOR as distributed by MLS GRID #22120756 Report a problem | ||
| 8/18/2026 | Listed for sale | $319,900+11.7% |
Source: MIBOR as distributed by MLS GRID #22120756 Report a problem | ||
| 5/18/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/18/2024 | Price change | $286,500+0.5% |
Source: Owner Report a problem | ||
| 1/22/2024 | Listed for sale | $285,000+0.1% |
Source: Owner Report a problem | ||
| 1/10/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/10/2023 | Listed for sale | $284,850-11% |
Source: Owner Report a problem | ||
| 1/1/2023 | Listing removed | $320,000 |
Source:  IRMLS #202241898 Report a problem | ||
| 10/7/2022 | Listed for sale | $320,000 |
Source: IRMLS #202241898 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,437 -7.6% | $195,000 |
| 2024 | $4,800 -21.5% | $195,000 -6.9% |
| 2023 | $6,115 +50.1% | $209,500 -20.9% |
| 2022 | $4,073 +1720.9% | $264,700 +50.1% |
| 2021 | $224 +5% | $176,300 +2383.1% |
| 2020 | $213 | $7,100 |
| 2019 | $213 | $7,100 |
| 2018 | $213 +9.2% | $7,100 |
| 2017 | $195 | $7,100 |
| 2016 | $195 +3.2% | $7,100 +12.7% |
| 2014 | $189 +5% | $6,300 +5% |
| 2013 | $180 -1.3% | $6,000 -17.8% |
| 2012 | $182 +29.6% | $7,300 +49% |
| 2011 | $141 -3.1% | $4,900 |
| 2010 | $145 +0.8% | $4,900 +2.1% |
| 2009 | $144 +19.9% | $4,800 -2% |
| 2007 | $120 -17.3% | $4,900 -3.9% |
| 2006 | $145 | $5,100 -1.9% |
| 2005 | -- | $5,200 |
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: 47944
Nearby schools
Schools provided by the listing agent
- Elementary: Prairie Crossing Elementary School
- High: Benton Central Jr-Sr High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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