Extensively remodeled down to the studs, this beautifully updated duplex offers a turnkey investment opportunity in the heart of Crawfordsville. Featuring two well-appointed units totaling 2,520 square feet, the property generates $2,400 in monthly rental income, with the one-bedroom, one-bath unit renting for $950 per month and the spacious three-bedroom, one-and-a-half-bath unit renting for $1,450 per month. Each unit includes central air, gas heat, laundry hookups, range/oven, refrigerator, and the larger unit also features a dishwasher. This property is an excellent option for investors seeking immediate cash flow or buyers planning ahead for future owner occupancy. Once the current leases expire, you could choose to live in one unit while renting the other to help offset your mortgage. Please note that both units are currently occupied and subject to tenant rights until June,2027. Conveniently located near downtown Crawfordsville, shopping, dining, parks, and schools, this fully renovated duplex is a rare opportunity to own a low-maintenance, income-producing property with long-term flexibility.
Pending
$250,000
406 S Walnut St, Crawfordsville, IN 47933
4beds
3baths
--sqft
Multi Family, Duplex
Built in 1900
-- sqft lot
$239,200 Zestimate®
$--/sqft
$-- HOA
What's special
Central airGas heatFully renovated duplexLaundry hookupsBeautifully updated duplexTwo well-appointed units
- 57 days
- 292
- 15
Zillow last checked:
Listing updated:
Listed by:
Lisa Taylor 765-225-4123,
Taylor Real Estate Specialists
Source: MIBOR as distributed by MLS GRID,MLS#: 22113751
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air, Natural Gas, High Efficiency (90%+ AFUE )
Cooling
- Central Air, Separate Meters
Appliances
- Laundry: Connections All, Main Level, Upper Level
Features
- Basement: Exterior Entry,Full,Storage Space,Unfinished
Property
Parking
- Parking features: Gravel
- Details: Unit Parking(On Street, Other)
Features
- Levels: Three Or More
- Exterior features: Smart Lock(s)
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,356 Square Feet
- Features: City Lot, Curbs, Not In Subdivision, Sidewalks, Street Lights, Mature Trees
Details
- Parcel number: 541005222068000030
- Zoning: R2
- Special conditions: Sales Disclosure On File
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
Materials
- Aluminum Siding
- Foundation: Block, Brick/Mortar, Full
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1900
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: No Subdivision
Location
- Region: Crawfordsville
Financial & listing details
- Tax assessed value: $37,300
- Annual tax amount: $856
- Date on market: 7/14/2026
- Cumulative days on market: 60 days
- Tenant pays: Cable TV, Electricity, Insurance, Trash Collection
- Road surface type: Asphalt
Estimated market value
$239,200
$227,000 - $251,000
$885/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Pending sale | $250,000 |
Source:  MIBOR as distributed by MLS GRID #22113751 Report a problem | ||
| 7/14/2026 | Listed for sale | $250,000+400% |
Source: MIBOR as distributed by MLS GRID #22113751 Report a problem | ||
| 10/7/2024 | Sold | $50,000 |
Source: MIBOR as distributed by MLS GRID #21996460 Report a problem | ||
| 9/6/2024 | Pending sale | $50,000 |
Source: MIBOR as distributed by MLS GRID #21996460 Report a problem | ||
| 8/26/2024 | Listed for sale | $50,000+151.3% |
Source: MIBOR as distributed by MLS GRID #21996460 Report a problem | ||
| 8/4/2020 | Listing removed | $19,900 |
Source: RE/MAX Ability Plus #21679899 Report a problem | ||
| 6/30/2020 | Pending sale | $19,900 |
Source: RE/MAX Ability Plus #21679899 Report a problem | ||
| 4/30/2020 | Listed for sale | $19,900 |
Source: RE/MAX Ability Plus #21679899 Report a problem | ||
| 4/27/2020 | Pending sale | $19,900 |
Source: RE/MAX Ability Plus #21679899 Report a problem | ||
| 4/13/2020 | Price change | $19,900-20.1% |
Source: RE/MAX Ability Plus #21679899 Report a problem | ||
| 2/4/2020 | Price change | $24,900-14.1% |
Source: RE/MAX Ability Plus #21679899 Report a problem | ||
| 1/13/2020 | Price change | $29,000-17.1% |
Source: RE/MAX Ability Plus #21679899 Report a problem | ||
| 11/5/2019 | Listed for sale | $35,000+133.3% |
Source: RE/MAX Ability Plus #21679899 Report a problem | ||
| 2/12/2010 | Sold | $15,000-48.1% |
Source: Agent Provided Report a problem | ||
| 11/10/2009 | Sold | $28,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $849 +20.5% | $37,300 +8.7% |
| 2024 | $705 -30.8% | $34,300 +16.3% |
| 2023 | $1,018 +10.7% | $29,500 -27.7% |
| 2022 | $920 +0.8% | $40,800 +14.6% |
| 2021 | $913 +1.7% | $35,600 +1.1% |
| 2020 | $897 +17.7% | $35,200 +2.9% |
| 2019 | $763 +2.4% | $34,200 +7.2% |
| 2018 | $745 -33.2% | $31,900 +2.9% |
| 2017 | $1,115 +53.6% | $31,000 +3.7% |
| 2016 | $726 -0.6% | $29,900 +0.3% |
| 2014 | $731 -19.7% | $29,800 -16.3% |
| 2013 | $909 +24.8% | $35,600 +12.7% |
| 2012 | $729 +2.9% | $31,600 -10.2% |
| 2011 | $708 -11.9% | $35,200 -12% |
| 2010 | $804 +0.5% | $40,000 |
| 2009 | $800 -43.7% | $40,000 -0.7% |
| 2007 | $1,421 | $40,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 47933
Nearby schools
Schools provided by the listing agent
- Middle: Crawfordsville Middle 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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