404 S Main Street Whitestown, IN $ 499,900
404 S Main Street
$ 499,900
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404 S Main Street

Whitestown, IN, 46075
$ 499,900
Baths0.0

Monthly Estimate*

$ 3,078

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Studio

Multi-Family Home for sale in Whitestown, IN

for $499,900. This home was built in 1901 on a lot size of 0.17.

Rare opportunity to own one of Whitestown's only duplexes! The last duplex sale in Whitestown occurred more than a decade ago, making this a unique chance to own a multi-family property in one of Indiana's fastest-growing communities. Rare opportunity to own one of Whitestown's only duplexes! The last duplex sale in Whitestown occurred more than a decade ago, making this a unique chance to own a multi-family property in one of Indiana's fastest-growing communities. Extensively rebuilt from the ground up, nearly every component of this property was replaced during a comprehensive renovation. The project underwent a rigorous city inspection process throughout construction, providing confidence in the quality of workmanship and years of low-maintenance ownership ahead. Currently producing $5,400/month in gross rental income through mid-term rentals, this property offers multiple investment strategies. Continue operating as a mid-term rental, which remains attractive due to the nearby growth and major developments from Eli Lilly and Meta. House hack by living in one unit and renting the other, explore short-term rental opportunities with AirDNA projections of approximately $6,500/month, or lease both units long-term and capitalize on strong rental demand. Quality upgrades include oversized HVAC systems for both units, premium LVP flooring, open-concept layouts, granite countertops, islands, backsplashes, stainless steel appliances, and brand-new LG Black Steel stackable washer and dryer sets. A monitored alarm system is scheduled for installation in the first-floor unit. The property offers ample parking with two driveway spaces plus five dedicated rear parking spots. Located just steps from Moontown Brewing Company and a short walk to Panther Park, you'll enjoy easy access to dining, entertainment, and outdoor recreation. Whether you're seeking a turnkey investment, owner-occupied income property, or flexible rental opportunity, properties like this r

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Multi-Family Active

Price

$ 499,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,598

Style

Traditional

Lot Size

0.17

Year Built

1901

Town/City

Whitestown

County/Region

Boone

MLS | Web ID

22105123

Features
General
Heating Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Zoning Residential
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s) Fire Alarm Security System Security System Owned
Construction Materials Vinyl Siding
Year Built 1901
Tenant Pays Electricity
Township Worth
Levels Two
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Boone
Net Operating Income 59952
Operating Expense 275
Insurance Expense 96
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
High School Lebanon Senior High School
City Whitestown
High School District Lebanon Community School Corp
Number Of Units Total 2
MLS Area 603 - Boone - Worth
Lot Size Square Feet 7187
Elementary School Perry Worth Elementary School
Current Financing Conventional
Middle/Junior High School Lebanon Middle School
Property Condition Updated/Remodeled
Structure Type Duplex
Standard Status Active
Tax Lot 4
Legal Description Smiths First Addition Lot 4 & Pt Of Vacated Alley
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Exterior
Parking Features Alley Access Gravel
Lot Features Sidewalks Suburb
Foundation Details Crawl Space
Lot Size Acres 0.17
Road Surface Type Asphalt
Road Frontage Type City Street
Other Equipment Smoke Alarm
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Interior
Basement (Y/N) N
Laundry Features Laundry Room
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* Excluded Features
List By
Indiana Ford Realty Llc

Broker

Travis@CarpHomes.net

Email

Affordability Calculator

$3,294
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$217
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4046534 Elementary School
4046604 Middle School
Lebanon Senior High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2026$499,900 Listed Price

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404 S Main Street, Whitestown, IN, 46075 is a Multi-Family Home for sale at $499,900 with a lot size of 0.17. 404 S Main Street is a studio with 0.0 baths and was built in 1901. The property's zip code is 46075 which is in Whitestown, IN