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103 B N Main

Farmland, IN 47340

3 beds
2 baths
8 sqft
2,178 sqft lot
$29,349 per sqft
– on site

Don’t miss this rare chance to own a beautifully maintained historic building located right on Main Street in the heart of Farmland, Indiana. This versatile, income-producing property offers the perfect blend of classic charm and modern functionality. The main floor features professional office space currently leased by Edward Jones, a nationally recognized investment firm, providing a steady and reliable income stream. Upstairs, you’ll find a stunning 3-bedroom, 2-bath loft apartment that boasts luxurious finishes, soaring ceilings, and gleaming hardwood floors throughout. Step outside to enjoy a private rooftop deck – a rare find in this area. Both units are fully leased with strong tenants in place. The office tenant pays $1,200/month and is under contract through August 31, 2026. The loft apartment is leased at $1,200/month through October 31, 2025. Even better – both tenants are responsible for their own utilities, making this a truly hands-off investment opportunity. The main level is 2,324 square feet and upper level is 1,817 square feet. Additional highlights include: Hardwood floors and tall ceilings throughout both levels HVAC system replaced in 2010 Roof replaced in 2011 Excellent visibility and location in a charming, walkable downtown area. Properties like this don’t come along often – especially ones that cash flow from day one.

Listing courtesy of IRMLS

Last checked: Checking… • Last updated May 5, 2025 •

MLS# 202516093 —

The Building

Year Built:

1890
New Construction:

No
Style:

Two Story
Exterior:

Brick
Basement:

No
Basement/Foundation:

None
Total SqFt:

4140
Total Finished SqFt:

4140
Above Grade Finished SqFt:

4140

Interior

Kitchen Level:

Upper
Dining Room Level:

Upper
Living/Great Room Level:

Upper
Family Room Level:

Upper
Laundry Level:

Upper
Fireplace:

No

Room Dimensions

Kitchen Length:

20
Kitchen Width:

17
Dining Rm Length:

17
Dining Room Width:

17
Living/Great Room Width:

21
Living/Great Room Length:

22
Family Room Length:

14
Family Room Width:

13
1st Bedroom Length:

16
1st Bedroom Width:

13
2nd Bedroom Length:

10
2nd Bedroom Width:

10
3rd Bedroom Width:

10
3rd Bedroom Length:

11
Laundry Room Length:

8
Laundry Room Width:

8

Location

Directions to Property:

GPS Friendly
Latitude:

40.187998
Longitude:

-85.128082

The Property

Parcel# ID:

68-07-13-176-063.000-008
Property Subtype:

Site-Built Home
Lot Dimensions:

23' X 110'
Lot Description:

0-2.9999
Approx Lot Size SqFt:

2178
Approx Lot Size Acres:

0.05
Waterfront:

No

Listing Agent

Contact info:

Taxes

Annual Taxes:

4999.38

Beds

Total # Bedrooms:

3
1st Bedroom Level:

Upper
2nd Bedroom Level:

Upper
3rd Bedroom Level:

Upper

Baths

Total Baths:

4
Total Half Baths:

2
Total Full Baths:

2
# Half Baths Main:

2
# of Full Baths Upper:

2

The Listing

Unbranded Virtual Tour:

https://www.propertypanorama.com/instaview/irmls/202516093

Heating & Cooling

Heating Fuel:

Gas, Forced Air
Cooling:

Central Air

Utilities

Water Utility:

City
Sewer:

City

Schools

Elementary:

Monroe Central
Middle School:

Monroe Central
High School:

Monroe Central
School District:

Monroe Central School Corp.

The Community

Subdivision:

None
Pool:

No
Association Dues Frequency:

Not Applicable

Parking

Garage:

No

Monthly cost estimate

Asking price

$234,799

Expense	Monthly cost
Mortgage	$1,257
Taxes	$181
Insurance	$64
Utilities	N/A
Total	$1,502/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
5/5/25 May 5, 2025	Listed / Active	IRMLS	$234,799

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This house located in Farmland, IN 47340 is currently for sale for $234,799. 103 B N Main is a 8 square foot house with 3 beds and 2 baths that has been on Estately for 1 days. This house is in the attendance area of Monroe Central Jr.-Sr. High School and Monroe Central Elementary School.

Listing Courtesy of: IRMLS and .

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