Lewisville, IN 47352 206 W Main Street

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Presented By: Susan Neal with RE/MAX First Integrity; Office: 765-529-2211
  • MLS# 202518063
  • 05/16/2025
  • Get pre-approved
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 2
  • SQFT • 1,680
  • Garage • 1

Home Details

Turnkey Short-Term Rental Investment Opportunity in East Central Indiana This fully furnished and beautifully remodeled 3-bedroom, 2-bath home offers a rare turnkey investment opportunity in the heart of East Central Indiana. Located directly on US 40 in the quiet town of Lewisville, this charming 1.5-story home has been successfully used as a short-term rental with strong occupancy rates. With the local hotel market nearly nonexistent, this property fills a critical gap by providing comfortable, quality accommodations for travelers, visiting family members, or temporary housing needs in the area. The home features a large open-concept living and dining area, a completely updated kitchen with newer stainless steel appliances and ample counter space, and tall ceilings throughout. One spacious bedroom, a full bath, and laundry area are on the main floor, with two additional large bedrooms and another full bath upstairs—each with generous closet space. Durable LVP flooring, tasteful furnishings, and modern décor make it a guest-ready property from day one. The large front porch, maintenance-free exterior, and detached garage add even more appeal. Its prime location provides easy access to Indianapolis, Richmond, Dayton, and everything in between, making it ideal for guests seeking a central home base for regional activities. Whether you're looking to expand your rental portfolio or start with a stress-free, fully equipped property, this home offers a strong return potential and instant earning power. All furnishings, appliances, and décor remain with the sale—
Presented By: Susan Neal with RE/MAX First Integrity; Office: 765-529-2211

Interior Features for 206 W Main Street

Bedrooms

Num. of 1 Bedrooms0
Num. of 2 Bedrooms0
Num. of 3 Bedrooms1
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms3
Above Grade Bedrooms3
Beds3
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms2
Below Grade Baths

Other Interior Features

Unit 1 SqFt1680
Total Finished SqFt1680
Basement Y/NNo
Above Grade Finished SqFt1680
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Main Level SqFt840
Num. of Efficiencies0
BasementCrawl, Slab
Dishwasher(s)1
Disposal(s)1
Dryer(s)1
FlooringLaminate, Wood
Microwaves1
Ranges/Ovens1
Refrigerators1
Total Number of Units1
W/D Hookups1
Washers1

Other Rooms

Total Rooms Below Grade

General for 206 W Main Street

# of Buildings1
Age78
Agent First NameSusan
Agent Last NameNeal
Annual Electric Expense1
Annual Fuel Expense1
Annual Insurance Expense1
Annual Trash Expense1
Architctural StyleTraditional
AreaHenry County
Assoc. Dues FrequencyNot Applicable
Associated Document Count1
Auction Y/NNo
Bathrooms2
CityLewisville
ClassINVESTMENT
CoolingCentral Air
DOM46
Elementary SchoolTri
FIPS Code18065
FeaturesOff Street Parking, Eat-In Kitchen, Porch Covered, Water Heater Gas, Washer Hook-Up
Full Baths2
Half Baths
HeatingGas, Forced Air
High SchoolTri Jr/Sr
Legal DescriptionORIG PLAT W 36' LOT 5 BLK 2 EX N 57'
LocationCity/Town/Suburb
Lot Number5
Middle SchoolTri
ModificationTimestamp2025-05-19T13:03:50.3
Net Income-7
New ConstructionNo
OwnerPaysOther
PROPOSED FINANCINGCash, Conventional, USDA, FHA, VA
ParkingOff Street, Street
Pet Restrictions Y/NYes
REONo
Rent Income1
School DistrictSouth Henry School Corp.
SewerCity
StatusActive
StatusActive
Status Detail0
Stories1.5
StyleOne and Half Story
SubdivisionNone
Tax Year2024
Tenant PaysOther
Total Sq Ft1680
TownshipFranklin
TypeOther
Virtual TourClick here
Year Built1947

Exterior for 206 W Main Street

Approx. Lot Size Acres0.08
DrivewayConcrete
ExteriorVinyl
FenceNone
Lot DescriptionCorner, Level, 0-2.9999
Lot Dimensions36X93
Lot Size Area3354
Number of Parking Spaces1
OutbuildingNone
PoolNo
ROOF MATERIALShingle
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Tri Middle School
Elementary School Tri Elementary School
High School Tri Jr/Sr High School

Ryan Orr

Associate
Price $225,000
MLS#202518063
List Date 05/16/2025
Property Type Multi-Family
Get pre-approved
Request Tour
Request Info
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