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411 S Main Street

Sheridan, IN 46069

– beds
– baths
– sqft
4,356 sqft lot
1970 build

More homes

Apartment building: 5 units are 1 bed/1 bath, one unit is a studio (no kitchen). Unit 0 & 1 are currently rented by the same tenant. Three tenants are long term. All tenants have fulfilled 1st lease term and are on month-to-month. This is a commercial listing with a corporate seller, no seller disclosure required. No showings allowed until accepted offer with proof of funds is provided, then agent will schedule. A copy of financials & leases will be provided once proof of funds & non-disclosure is submitted. Proof of a valid buyer is required. This is a concrete block building on a slab. All plumbing lines and furnaces are in the attic. 2 tax parcels with this property: parking lot is separate parcel and comes with the apartment bldg.

Listing courtesy of MIBOR / Keller Williams Indpls Metro N

Last checked: Checking… • Last updated Apr 7, 2025 •

MLS# 21826468 —

The Building

Year Built:

1970
New Construction:

false
Construction Materials:

Block
Architectural Style:

TraditonalAmerican
Levels:

One
Basement:

false
Foundation Details:

Slab
Exterior Features:

Driveway Asphalt,Driveway Gravel
Green Certification:

No
Building Information:

No Furniture
Gross Area SqFt:

2660
Building Area Source:

Assessor

Interior

Laundry:

NoLaundry

Location

Directions:

From US31 N take SR 38 to Main St in Sheridan, turn N to property on E side

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Commercial Units - 5+
Parcel Number:

29-01-32-306-035.000-002
Acres:

<1/4 Acre
Lot Number:

2
Lot Information:

Access Alley,Access Street,Corner
Lot Size:

2662
Lot Size Acres:

0.1
Structure Type:

Apartment Building
Current Use:

Apt<20
Possible Use:

CommMulTen
Road Access:

StateRoad
Road Frontage Type:

City Street
Road Surface Type:

Asphalt,Gravel

Listing Agent

Contact info:

Taxes

Tax Year:

2020
Tax Exemptions:

None
Semi Annual Property Tax Amt:

1009

The Listing

Disclosures:

Not Applicable
Inspection Warranties:

Not Applicable

Heating & Cooling

HVAC:

Forced air/5, c/a on roof

Utilities

Building Utilities:

Separate Electric Meter,Sewer,Water,Cable Available

Schools

Schools:

Sheridan High
School District:

Sheridan Community

The Community

Subdivision Name:

NO SUBDIVISION

Parking

Parking:

On Street,Paved Area,Unpaved
Parking Spaces per Unit:

2.0000

Extra Units

# of Units Total:

6

Explore the Area

My Commute

From

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Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

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Sale history

Date	Event	Source	Price	% Change
12/20/21 Dec 20, 2021	Sold	MIBOR	$222,000	-1.3%
12/1/21 Dec 1, 2021	Pending	MIBOR	$225,000
11/26/21 Nov 26, 2021	Listed / Active	MIBOR	$225,000	100.9% (22.9% / YR)

Multifamily Sold on 12/20/2021

$222,000

Listing provided by broker:

Tina Floyd-Snodgrass

Keller Williams Indpls Metro N

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Listing Courtesy of: MIBOR and Keller Williams Indpls Metro N.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service

411 S Main Street

Sheridan, IN 46069