Ridgeville, IN 47380 118 S Walnut Street

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Presented By: Jill Friend with Tarter Realty Auction and Appraisal Company; Office: 765-595-8155
  • MLS# 202533096
  • 08/19/2025
  • Get pre-approved
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  • Beds • 7
  • Full/Half Baths • 3 / 2
  • SQFT • 6,142

Home Details

Investor’s dream in downtown Ridgeville! This building features two newly renovated 2BR/1BA apartments currently rented for $550 & $600/mo, each with laundry hookups and new electric furnaces (leases available). Main level includes a former retail space with working restroom and a 3BR/1.5BA apartment in need of renovation. Upstairs offers 2,000+ sq ft of storage with great potential. Don’t miss this income producing opportunity
Presented By: Jill Friend with Tarter Realty Auction and Appraisal Company; Office: 765-595-8155

Interior Features for 118 S Walnut Street

Bedrooms

Num. of 1 Bedrooms0
Num. of 2 Bedrooms2
Num. of 3 Bedrooms1
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms2
Unit 2-# of Bedrooms2
Unit 3-# of Bedrooms3
Unit 4-# of Bedrooms
Unit 5-# of Bedrooms
Above Grade Bedrooms7
Beds7
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1.5
Below Grade Baths

Other Interior Features

Unit 3 SqFt1400
Unit 1 SqFt600
Unit 4 SqFt1500
Unit 2 SqFt642
Unit 5 SqFt2000
Total Finished SqFt6142
Basement Y/NYes
Above Grade Finished SqFt6142
Above Grade Unfin. SqFt1232
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Main Level SqFt2900
Num. of Efficiencies
BasementCrawl, Partial Basement
Basement MaterialBlock
Dishwasher(s)
Disposal(s)
Dryer(s)
FlooringConcrete, Laminate, Vinyl
Microwaves
Ranges/Ovens
Refrigerators
Total Number of Units5
W/D Hookups2
Washers

Other Rooms

Total Rooms Below Grade

General for 118 S Walnut Street

# of Buildings1
Age116
Agent First NameJill
Agent Last NameFriend
Annual Electric Expense420
Annual Fuel Expense
Annual Insurance Expense
Annual Trash Expense
Architctural StyleTraditional
AreaRandolph County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms5
CityRidgeville
ClassINVESTMENT
CoolingMultiple Cooling Units
DOM51
Elementary SchoolDeerfield
FIPS Code18135
FeaturesBasement, Ceiling Fan, Countertops-Laminate, Sump Pump
Full Baths3
Half Baths2
HeatingElectricity, Forced Air
High SchoolWinchester
Inside City LimitsYes
Legal DescriptionNEWTOWN LOT 9 BLK 3
LocationCity/Town/Suburb
Middle SchoolDriver
ModificationTimestamp2025-08-20T00:22:51.1
Net Income12987
New ConstructionNo
OwnerPaysBuilding Insurance, Electric
PROPOSED FINANCINGCash, Conventional
ParkingOff Street, Street
Pet Restrictions Y/NNo
REONo
Rent Income13800
School DistrictRandolph Central School Corp.
SewerCity
StatusActive
StatusActive
Status Detail0
Stories Count2
StyleTwo Story
SubdivisionNone
Tax Year2025
Tenant PaysCooling, Electric, Sewer, Trash Collection, Water
Total Sq Ft7374
TownshipFranklin
TypeApartment Building
Virtual TourClick here
Year Built1909

Exterior for 118 S Walnut Street

Approx. Lot Size Acres0.13
ExteriorBrick, Vinyl
Lot Description0-2.9999
Lot Dimensions44x132
Lot Size Area5663
Number of Parking Spaces0
OutbuildingNone
PoolNo
ROOF MATERIALMetal
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Driver Middle School
High School Winchester High School
Elementary School Deerfield Elementary School

Ryan Orr

Associate
Price $115,000
MLS#202533096
List Date 08/19/2025
Property Type Multi-Family
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