Excellent Opportunity to Own not 1 but 2 Duplexes located in Princeton. Both duplexes custom built by the Amish, open floor plan concept for Liv Rm., Dining and Kitchen with nice size bar for seating and or a table as well. Each unit consist of 2 Beds, 1 Bath, Laundry Rm as well as Liv Rm, Dining Area, & Kitchen. Upon entering you will have a coat closet as well as numerous additional closets throughout. Laundry room with Washer & Dryer provided and has exit door. Most Tenants are on a month to month lease but have resided here for some time. Each Unit (Race St & Prince St) have a Tenant that takes care of yard with Owner discounting their rent at a slight reduction. Restrictions: No Smoking, No Pets. Parking Pad is available for each tenant in front of the building.
Active
$250,000
501 S Race St, Princeton, IN 47670
4beds
1,800sqft
Duplex
Built in 2024
-- sqft lot
$248,800 Zestimate®
$--/sqft
$-- HOA
What's special
- 83 days |
- 189 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Anita J Waldroup Office:812-386-6200,
F.C. TUCKER EMGE
Source: IRMLS,MLS#: 202613998
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Bar, Laminate Counters, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Custom Cabinetry
- Flooring: Other
- Has basement: No
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
- Finished area above ground: 1,800
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Paved, Private, Off Street Parking, Concrete
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch Covered
- Fencing: None
- Waterfront features: None
Lot
- Size: 6,969 Square Feet
- Dimensions: 50x142
- Features: Corner Lot, Level, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 261207403002.729028
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Electric: Duke Energy Indiana
- Sewer: City
- Water: City, Princeton Water Dept.
- Utilities for property: Cable Available
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Princeton
Financial & listing details
- Tax assessed value: $115,500
- Annual tax amount: $2,328
- Date on market: 4/20/2026
- Inclusions: Building, Land, Lease
- Lease term: Month To Month
- Total actual rent: 28800
- Tenant pays: Cooling, Electricity, Heating, Sewer, Trash Collection, Water
- Road surface type: Paved
Estimated market value
$248,800
$236,000 - $261,000
$1,435/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $250,000+2400% |
Source:  IRMLS #202613998 Report a problem | ||
| 1/22/2016 | Sold | $10,000+11.1%$6/sqft |
Source: Agent Provided Report a problem | ||
| 6/5/2012 | Sold | $9,000-55%$5/sqft |
Source: Public Record Report a problem | ||
| 1/19/2012 | Sold | $20,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $144 -2% | $115,500 +1504.2% |
| 2024 | $147 | $7,200 +46.9% |
| 2023 | $147 | $4,900 |
| 2022 | $147 | $4,900 |
| 2021 | $147 | $4,900 |
| 2020 | -- | $4,900 |
| 2019 | $194 -78.8% | -- |
| 2018 | $914 +375.8% | $9,700 +1% |
| 2017 | $192 -70.7% | $9,600 -70.7% |
| 2016 | $656 +2.8% | $32,800 +6.8% |
| 2014 | $638 -31.3% | $30,700 -1% |
| 2013 | $929 +14.4% | $31,000 -23.6% |
| 2012 | $812 +4.6% | $40,600 +4.6% |
| 2011 | $776 -24.7% | $38,800 -24.7% |
| 2010 | $1,030 | $51,500 |
| 2009 | $1,030 | $51,500 +6.6% |
| 2006 | -- | $48,300 +7.3% |
| 2005 | -- | $45,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 47670
Nearby schools
GreatSchools rating
- 4/10Princeton Comm Intermediate SchoolGrades: 3-5Distance: 1.4 mi
- 4/10Princeton Community MiddleGrades: 6-8Distance: 1.5 mi
- 3/10Princeton Community High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Princeton
- Middle: Princeton
- High: Princeton
- District: North Gibson School Corp.
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
- Gibson County
- Princeton
- 47670
- 501 S Race St
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