Winchester, IN 47394 220 N Main Street

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Presented By: Paul Faddis with Tarter Realty Auction and Appraisal Company;
  • MLS# 202504603
  • 02/11/2025
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  • Beds • 2
  • Full/Half Baths • 2 / 1
  • SQFT • 3,960

Home Details

This property features an 18x50 storefront commercial space, perfect for business owners or investors, featuring a convenient half-bath and great visibility for foot traffic. Upstairs, you'll find two 1-bedroom apartments, each equipped with their own kitchens and bathrooms—currently rented and generating $1400/month combined income. With dual income potential and a central location, this property is a fantastic opportunity to grow your portfolio or start your next venture. Don't miss out on this amazing investment opportunity!
Presented By: Paul Faddis with Tarter Realty Auction and Appraisal Company;

Interior Features for 220 N Main Street

Bedrooms

Num. of 1 Bedrooms2
Num. of 2 Bedrooms0
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms1
Unit 2-# of Bedrooms1
Above Grade Bedrooms2
Beds2
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Below Grade Baths

Other Interior Features

Unit 1 SqFt750
Unit 2 SqFt700
Total Finished SqFt3960
Basement Y/NYes
Above Grade Finished SqFt3960
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Num. of Efficiencies0
BasementPartial Basement
Basement MaterialBlock
Dishwasher(s)
Disposal(s)
Dryer(s)
FlooringLaminate, Part Carpet, Vinyl
Microwaves
Ranges/Ovens
Refrigerators
Total Number of Units2
W/D Hookups
Washers

Other Rooms

Total Rooms Below Grade

General for 220 N Main Street

Age125
Agent First NamePaul
Agent Last NameFaddis
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense
Annual Trash Expense
AreaRandolph County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms3
CityWinchester
ClassINVESTMENT
CoolingNone
DOM77
Elementary SchoolWillard
FIPS Code18135
FeaturesSump Pump
Full Baths2
Half Baths1
HeatingNone
High SchoolWinchester
Inside City LimitsYes
Legal DescriptionMummas Add 20 X 73' N Pt Exc 4 X 60' Fr Blk 3 & Mummas Add Comm Row 20 X 37 1/2 N PT Frac 3
LocationCity/Town/Suburb
Middle SchoolDriver
Net Income16262
New ConstructionNo
OwnerPaysMaintenance, Tax
Pet Restrictions Y/NYes
REONo
Rent Income16800
School DistrictRandolph Central School Corp.
SewerCity
StatusActive
StatusActive
Status Detail0
Stories2
StyleTwo Story
SubdivisionNone
Tax Year2025
Tenant PaysElectric, Fuel, Sewer, Water
Total Sq Ft3960
TownshipWhite River
TypeApartment Building
Virtual TourClick here
Year Built1900

Exterior for 220 N Main Street

Approx. Lot Size Acres0.05
Electric Meters2
ExteriorBrick
Lot DescriptionCorner, 0-2.9999
Lot Dimensions58x93
Lot Size Area2178
Number of Parking Spaces0
OutbuildingNone
PoolNo
ROOF MATERIALMetal
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Willard Elementary School
Middle School Driver Middle School
High School Winchester High School

Ryan Orr

Associate
Price $74,500
MLS#202504603
List Date 02/11/2025
Property Type Multi-Family
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