Closed

$38,000

4990 E Us Highway 40, Straughn, IN 47387

2beds

1,828sqft

Single Family Residence

Built in 1900

0.53 Acres Lot

$39,400 Zestimate^®

$--/sqft

$1,029 Estimated rent

Home value

$39,400

Estimated sales range

Not available

$1,029/mo

Zestimate^® history

Owner options

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$1,029/mo

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$1,029/mo

Rent Zestimate^®

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$184/mo

Est. payment

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$184/mo

Est. payment

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What's special

Unique opportunity! This 1/2 acre parcel contains both a 1800 sq ft house & a 1400 sq ft commercial building that is zoned for general business. The house is 2 bedroom / 1 bath in need of some care. It is zoned for residential use & is being sold in as-is condition. The commercial building is zoned for general business & is ready as a shop or a functioning business.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: Upper

Bedroom 2

Level: Upper

Dining room

Level: Main
Area: 182
Dimensions: 14 x 13

Family room

Level: Main
Area: 110
Dimensions: 11 x 10

Kitchen

Level: Main
Area: 190
Dimensions: 19 x 10

Living room

Level: Main
Area: 176
Dimensions: 16 x 11

Heating

None

Cooling

None

Appliances

Included: Range/Oven Hook Up Elec, None
Laundry: Electric Dryer Hookup, Main Level

Features

Bookcases, Tub/Shower Combination, Formal Dining Room
Flooring: Hardwood, Laminate
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Dining Room, One

Interior area

Total structure area: 1,828
Total interior livable area: 1,828 sqft
Finished area above ground: 1,828
Finished area below ground: 0

Property

Parking

Parking features: Concrete
Has uncovered spaces: Yes

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Porch Covered
Fencing: None

Lot

Size: 0.53 Acres
Dimensions: 108X215
Features: Corner Lot, Level, 0-2.9999, City/Town/Suburb

Details

Additional structures: Outbuilding
Parcel number: 331827140130.000004
Other equipment: TV Antenna

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Aluminum Siding
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: REMC
Gas: CenterPoint Energy
Sewer: City
Water: Well

Community & HOA

Community

Features: None
Subdivision: None

Location

Region: Straughn

Financial & listing details

Tax assessed value: $42,500
Annual tax amount: $814
Date on market: 4/9/2025
Listing terms: Cash,Conventional

Price history

Date	Event	Price
4/18/2025	Sold	$38,000-24%
Source: IRMLS #202512041 Report a problem
4/14/2025	Pending sale	$50,000
Source: IRMLS #202512041 Report a problem
4/9/2025	Listed for sale	$50,000
Source: IRMLS #202512041 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$790 -6.1%	$42,500 +11.5%
2024	$841 -1.5%	$38,100 +5%
2023	$854 +9.1%	$36,300 +5.5%
2022	$783	$34,400 +9.6%
2021	$783 +5.7%	$31,400
2020	$741 -1.8%	$31,400 +0.6%
2019	$754 -24.7%	$31,200 -28.3%
2017	$1,002 +10.7%	$43,500
2016	$905 -1.2%	$43,500 +1.9%
2014	$917	$42,700