Price Reduced!! 1 Tenant is Month to Month and 2nd Lease has a Year Lease that will run thru 07/31/27. Call Realtor For Breakdown. 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. 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.
Pending
Price cut: $15.4K (7/24)
$234,555
501 S Race St, Princeton, IN 47670
4beds
1,800sqft
Duplex
Built in 2024
-- sqft lot
$234,200 Zestimate®
$--/sqft
$-- HOA
What's special
- 129 days |
- 113 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Anita J Waldroup Office:812-386-6200,
F.C. TUCKER EMGE
Source: IRMLS,MLS#: 202613998
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, 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,12 Months
- Total actual rent: 28200
- Tenant pays: Cable TV, Cooling, Electricity, Heating, Grounds Care, Snow Removal
- Road surface type: Paved
Estimated market value
$234,200
$222,000 - $246,000
$1,414/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Pending sale | $234,555 |
Source:  IRMLS #202613998 Report a problem | ||
| 7/24/2026 | Price change | $234,555-6.2% |
Source: IRMLS #202613998 Report a problem | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47670
Nearby schools
GreatSchools rating
- 4/10Princeton Comm Intermediate SchoolGrades: 3-5Distance: 1.4 mi
- 5/10Princeton Community MiddleGrades: 6-8Distance: 1.5 mi
- 6/10Princeton 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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A local agent can set up tours, give advice and negotiate with sellers.
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