Date
Details
Price
Change
Source
8/06/2026
Listed
$210,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$210,000
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Property Description
Outstanding mixed-use investment opportunity! This move-in-ready commercial building offers exceptional flexibility with a retail/office storefront plus two income-producing apartments. New updates within the past five years with updated flooring, paint, updated electrical and plumbing, mini split in ground level unit and a newer water heater for the upper unit. The spacious upper-level one-bedroom apartment features soaring ceilings, abundant natural light, a full kitchen, and a full bath with a Jacuzzi tub. The main-level one-bedroom includes private front and rear entrances, a full kitchen with appliances, full bath, and in-unit washer and dryer. Maximize your investment by maintaining both rental units, creating additional commercial space, or operating your business downstairs while living upstairs. Perfect for investors, entrepreneurs, or owner-occupants seeking multiple income opportunities. High-visibility location, endless possibilities, and immediate income potential make this a property you won't want to miss!
Full Property Details
Full Property Details for 112 N Main St
General
- Price: $210,000
- Taxes: $2,100 (2025)
- Status: Active
- Type: Multi-Family
- Source: Indiana_Regional_MLS
- MLS ID: 202631963
- Updated: 8/7/2026
- Added to Site: 22 day(s) ago
Interior
- Flooring: Laminate, Part Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Exterior
- Exterior Features: Block, Wood
- Color: Block, Wood
Location
- Subdivision: 22.4x126
- Neighborhood: Marshall County
- Driving Directions: Hwy 30, to Bourbon Exit (331), 331 south turns into Main Street. Building located in downtown block.
School Information
- Elementary School: Triton School Corporation
- Middle School: Triton
- High School: Triton
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Forced Air
- Water Heaters: 800
Utilities
- Sewer: City
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Architectural Style: Two Story
- Exterior Const.: Block, Wood
- Basement: Yes
- Basement Entrance: 46504
- Stories/Levels: 2
- Finished Total: 1 Sq. Ft.
- Finished Above Grnd: 4,667 Sq. Ft.
- Year Built: 1915
Unit Information
- Units in Building: 3
- 2 Bedroom Units: 1
Unit 1
- Level: Main
Unit 2
- Total Bathrooms: 5
- Bedrooms: 1
Unit 3
- Unit Description: SBMAOR
- Square Feet: 4667
- Bedrooms: 477
Unit 4
- Square Feet: 2
Unit 6
- Square Feet: 1
- Bedrooms: 2
Unit 7
- Total Rooms: 1
- Bedrooms: 1
Unit 8
- Total Bathrooms: 1
- Bedrooms: 750
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $45
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $2,100
- Tax Year: 2025
- Terms: Outstanding mixed-use investment opportunity! This move-in-ready commercial building offers exceptional flexibility with a retail/office storefront plus two income-producing apartments. New updates within the past five years with updated flooring, paint, updated electrical and plumbing, mini split in ground level unit and a newer water heater for the upper unit. The spacious upper-level one-bedroom apartment features soaring ceilings, abundant natural light, a full kitchen, and a full bath with
Listed by Milestone Realty, LLC, Kelly Wentzlof
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Listing agent
— 112 N Main St —
Kelly Wentzlof
Milestone Realty, LLC
NMLS#: 1598647
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Schools
Schools serving 112 N Main St
School District:Triton School Corporation
| Name | Grades | Distance |
|---|---|---|
Triton Elementary School 200 Triton Drive, Bourbon, IN 46504 | PK-6 | 0.5 mi |
Triton Jr-Sr High School 300 Triton Drive, Bourbon, IN 46504 | 7-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 112 N Main St
Tax History
Tax History for 112 N Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,905
—
$182,200
23%
2024
$3,905
57%
$148,000
55%
2023
$2,486
13%
$95,200
14%
2022
$2,201
47%
$83,700
-27%
2020
$1,499
4%
$114,800
106%
2019
$1,440
8%
$55,600
4%
2018
$1,337
21%
$53,400
8%
2017
$1,107
-3%
$49,500
-4%
2016
$1,147
—
$51,300
-2%
2016
$1,147
—
$52,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 112 N Main St
112 N Main Street, Bourbon, IN 46504 (MLS# 202631963) is a Multi-Family property with units containing 0 bedrooms, 2 full bathrooms and 1 partial bathroom. 112 N Main Street is currently listed for $210,000 and was received on August 06, 2026. Want to learn more about 112 N Main Street? Do you have questions about finding other Multi-Family real estate for sale in Bourbon? You can browse all Bourbon real estate or contact a Coldwell Banker agent to request more information.