For sale

$235,000

502 3rd St, Aurora, IN 47001

2beds

2,593sqft

$1,635/mo

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Multi Family

Built in 1880

-- sqft lot

$230,900 Zestimate^®

$91/sqft

$-- HOA

What's special

Exposed brickHardwood floors

Live upstairs and lease the bottom to pay your mortgage. Amazing opportunity to own a large commercial/residential space on a corner lot in Downtown Aurora. The upstairs is one large apartment with 2 bedrooms, 1 bath, kitchen, dining room and living room. The exposed brick and hardwood floors add to the charm of this large apartment. The apartment has private parking in a covered carport and the covered porch on the second level offers great views of the fireworks that happen multiple times each year The ground level has 1,512 Sq Ft of business space and it has a small kitchen and a bath. The exterior of this building is beautiful and has rich history. There was once a Pure Oil Gas Station housed here with a general store I believe in the 20's.

18 days
712
46

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Oven/Range, Refrigerator
Laundry: In Unit

Features

Windows: Vinyl
Basement: Full
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 4,105
Total interior livable area: 2,593 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway, Off Street, On Street, Private, Attached Carport, Concrete, Garage Faces Side
Garage spaces: 1
Has carport: Yes
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Has view: Yes
View description: City
Frontage length: 0

Lot

Size: 1,916 Square Feet
Dimensions: 28 x 69

Details

Parcel number: 150732204024000003

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family

Materials

Brick
Foundation: Stone
Roof: Shingle

Condition

Year built: 1880

Utilities & green energy

Gas: Natural
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Aurora

Financial & listing details

Price per square foot: $91/sqft
Annual tax amount: $1,488
Date on market: 9/30/2026
Total actual rent: 0
Tenant pays: Other
Road surface type: Paved

Estimated market value

$230,900

$219,000 - $242,000

$1,328/mo

Price history

Date	Event	Price
9/30/2026	Listed for sale	$235,000+67.9%$91/sqft
Source: MLS of Southeastern Indiana #208438 Report a problem
5/9/2020	Sold	$140,000+3.3%$54/sqft
Source: Agent Provided Report a problem
5/6/2008	Listing removed	$135,500$52/sqft
Source: NCI #256759 Report a problem
2/1/2008	Listed for sale	$135,500$52/sqft
Source: NCI #256759 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 47001

Getting around

50 / 100

Car-Dependent

35 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Aurora Elementary School
Grades: PK-6Distance: 1.6 mi
5/10
South Dearborn Middle School
Grades: 7-8Distance: 1.6 mi
6/10
South Dearborn High School
Grades: 9-12Distance: 1.5 mi

Schools provided by the listing agent

Elementary: Aurora Elementary
High: South Dearborn High
District: South Dearborn

Source: MLS of Southeastern Indiana. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.