22 W Main Street
Medora, IN, 47260 $ 275,000
Bedrooms3 Baths3.0 Sq 3,325 Monthly Estimate*
$ 1,736
for $275,000 with 3 bedrooms and 3 full baths. This 3,325 square foot home was built in 1928 on a lot size of 0.26.
VERSATILE. SPACIOUS. FUNCTIONAL. Exceptional mixed-use investment opportunity featuring a caf, a spacious three-bedroom apartment, and a studio apartment, offering multiple income streams and outstanding versatility. The main-level caf features a spacious dining area, a separate commercial kitchen, a restroom, and plenty of storage, providing a functional layout for continued restaurant or caf operations. Whether you're looking to continue the current business or introduce a new concept, this space offers excellent potential. The three-bedroom, one-bath apartment provides comfortable living accommodations with a spacious layout. Step inside to a bright living room, creating a welcoming atmosphere. To the right, you'll find the kitchen and laundry area, while straight ahead is one bedroom. To the left are two additional bedrooms and a full bathroom. The apartment also features a fenced-in front yard, offering a private outdoor space to enjoy. Also included is a spacious studio apartment filled with natural light. The studio features a well-designed open living area, a kitchen with ample cabinet storage, and a bathroom with a stand-up shower, making it ideal for rental income, owner occupancy, or guest accommodations. Some of the most recent updates include a fire suppression system installed in the kitchen, all new electrical completed in 2021, all new plumbing completed in 2021, and new flooring. Additional improvements include sealed concrete and brick. Utilities are provided by Duke, Midwest Natural Gas, and Town of Medora Water. Whether you're an investor seeking multiple income opportunities or an entrepreneur looking to operate a business while generating residential rental income, this unique property offers outstanding flexibility and long-term potential. With three distinct spaces under one property, this exceptional investment offers the rare opportunity to combine business ownership with multiple residential income streams.
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FeaturesGeneralSewer Public
Heating Gas Forced Air
Kitchen Level Main
Cooling Central Air
Laundry Y/N Main
Fireplaces No
Amenities Cable Available Ceiling Fan(s) Countertops-Laminate Landscaped Main Floor Laundry
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1928
New Construction No
Subdivision None
Style One Story
Township Carr
Class RESIDENTIAL
Type Site-Built Home
Age 98
REO No
Status Detail 0
Area Jackson County
Location City/Town/Suburb
High School Medora
City Medora
School District Medora Community School Corp.
Total Sq Ft 3325
Elementary School Medora
Middle School Medora
Legal Description 55'WSIDE10A25'ESIDE9A
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202630510
Agent First Name Natasha
Agent Last Name Johns
DOM 15
Tax Year Current
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InteriorBasement Crawl
Flooring Concrete Laminate
Beds 3
Total Rooms 10
Living Room Width 12
Living Room Length 18
Full Baths Main 3
Full Baths Upper 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 0
1st Bedroom Level Main
1st Bedroom Width 10
2nd Bedroom Length 12
2nd Bedroom Level Main
2nd Bedroom Width 9
3rd Bedroom Length 12
3rd Bedroom Level Main
3rd Bedroom Width 9
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ExteriorExterior Brick
Pool No
Lot Size Area 11326
Lot Dimensions 80 x 142
Lot Description Irregular
Waterfront Y/N No
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* Excluded FeaturesList ByNatasha JohnsListing Agent
Williams Carpenter RealtorsBroker
njohns@callcarpenter.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,736
- Monthly Property Taxes
- $209
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Medora, IN
Average List Price $228,475
Percent of Sale Price 17%
About Medora, IN 664 Population
19% Since 2002
$ 36,447 Median Income
40 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
1639184 Elementary School
1639182 Middle School
Medora High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/28/2026 | $275,000 | | Listed Price |