115 W Main Street Monrovia, IN $ 154,900
115 W Main Street
$ 154,900
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115 W Main Street

Monrovia, IN, 46157
$ 154,900
Bedrooms2 Baths1.0

Monthly Estimate*

$ 1,082

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Single Family Home for sale in Monrovia, IN

for $154,900 with 2 bedrooms and 1 full bath. This home was built in 1900 on a lot size of 0.2.

This property has a commercial zoning BUT residential is grandfathered in until it changes usage. Under the carpeted areas are hardwood floors. The seller's disclosure gives a lot of information about the major concerns like roof, electrical, and foundation. Attached documents includes a foundation inspection report. This little home is a perfect starter, rental income, or a small business. Downtown Monrovia is very attractive. The 2nd bedroom doesn't have a closet and would need a wardrobe cabinet. The kitchen is all country & efficient. There's a 10x06 Mudroom off the kitchen with loads of storage for outdoor equipment, backpacks, and all those shoes. The storage barn is not on a permanent foundation and can be relocated somewhere on this large lot. For those wanting a future rental business...live in this home today and rent when you're ready to move on. Or if you're thinking of starting a business... this is definitely an affordable way to start that as well. Great investment for anyone's future plans. The living room is very spacious with bedrooms on both sides. The bathroom also has a closet/storage room about 06x06 with vinyl floor. Everything works according to the tenant who moved for medical reasons. Tenant said she filled the propane tank twice a year and estimated about $900-$1000 per year for fill-ups seller will nand usually had more in the tank. Walk to school, convenient mart, or a dollar store. There is alley access if you ever wanted a garage/pole barn? Street parking is also available. Business on both sides of this home do not cause distractions due to their type of businesses. You can also walk to get a sandwich down the street or a larger meal across the street. The fenced back yard is perfect for little ones and/or dog lovers or both. You can do any updates as you live in the home. Make this your home at an affordable price. Seller will not pay for any appraisal required repairs. Not expected any repairs.

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Single Family Active

Price

$ 154,900

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,308

Style

TraditonalAmerican

Lot Size

0.2

Year Built

1900

Town/City

Monrovia

County/Region

Morgan

MLS | Web ID

21966858

Features
General
Interior Features Attic Access Hardwood Floors Network Ready
Heating Forced Air Propane
Cooling Central Electric
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Closing
Appliances Electric Oven Refrigerator
Exterior Features Storage Shed
Patio/Porch Features Covered Porch
Architectural Style TraditonalAmerican
Construction Materials Wood
Year Built 1900
Township Monroe
Levels One
Property SubType Single Family Residence
Tax Year 2023
County Morgan
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name No Subdivision
Garage Y/N N
Total Rooms 5
Status Active
Directions GPS Friendly
City Monrovia
Buyer Agent Compensation 3.0
High School District Monroe-Gregg School District
MLS Area 5502 - Morgan - Monroe
Lot Size Square Feet 8799
Waterfront Y/N N
Street Name Main
Property Attached Y/N N
Current Financing Conventional FHA VA
Additional Parcels Y/N N
Days on Market 50
Standard Status Active
Tax Lot 3
Buyer Agent Compensation Type %
Legal Description Lot 3 Blk 1 Jehu Carters 1st Addn Exc .02 A
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Exterior
Fencing Chain Link Fence Full Rear
Parking Features Alley Access
Lot Features Not In Subdivision Sidewalks Street Lights Suburb Zoned
Water Source Municipal/City
Foundation Details Cellar Crawl Space Brick Full
Spa N
Building Area Total 0
Lot Size Acres 0.2
Horse Amenities None
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Interior
Total Fireplaces 0
Basement (Y/N) N
Full Baths 1
Half Baths 0
Street Suffix Street
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
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* Excluded Features
List By
Mathis Real Estate

Broker

janallenmathis@gmail.com

Email

Affordability Calculator

$1,191
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,082
Monthly Property Taxes
$109
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
4046554 Elementary School
4046525 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2024$154,900 -7.80% Price Down
3/26/2024$168,000 -6.61% Price Down
3/4/2024$179,900 Listed Price

Map


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115 W Main Street, Monrovia, IN, 46157 is a Single Family Home for sale at $154,900 with a lot size of 0.2. 115 W Main Street has 2 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 46157 which is in Monrovia, IN