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$239,000 Just Listed
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Property Description
Amazing opportunity to own a large commercial space on a corner lot in Downtown Aurora. The upstairs is one large apartment with 2 bedrooms, 1 bath, kitchen, dining room and living room. The exposed brick and hardwood floors add to the charm of this large apartment. The apartment has private parking in a covered carport and the covered porch on the second level offers great views of the fireworks that happen multiple times each year The ground level has 1,512 Sq Ft of business space and it has a small kitchen and a bath. The exterior of this building is beautiful and has rich history. There was once a Pure Oil Gas Station housed here with a general store I believe in the 20's.
Full Property Details
Full Property Details for 502 3rd St
General
- Price: $239,000
- Status: Active
- Type: Business
- Source: SE_Indiana
- MLS ID: 208425
- Updated: 9/29/2026
- Added to Site: 4 day(s) ago
Exterior
- Exterior Features: Curb/Gutter, Sidewalks
Parking
- Garage: Yes
- Other Parking Type: Covered, On Street, Onsite
Location
- County: Dearborn
- Township: Center
- Historic District: Yes
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Gas: Natural
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Roof: Shingle
- Stories/Levels: Two
- Year Built: 1880
Lot Features
- Lot Size (Acres): 0.044
- Lot Size (Sq. Ft.): 1,917
- Street/Road Desc.: Paved
Disclosures and Reports
- APN: 15-07-32-204-024.000-003
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 502 3rd St
School District:South Dearborn Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Aurora Elementary School 6098 Squire Place, Aurora, IN 47001 | PK-6 | 1.6 mi |
Manchester Elementary School, Aurora, IN 9387 Sr 48, Aurora, IN 47001 | K-6 | 7.6 mi |
Dillsboro Elementary School 13200 North Street, Dillsboro, IN 47018 | K-6 | 9.1 mi |
South Dearborn Middle School 5850 Squire Place, Aurora, IN 47001 | 7-8 | 1.6 mi |
South Dearborn High School 5770 Highlander Place, Aurora, IN 47001 | 9-12 | 1.5 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 502 3rd St
Date
Details
Price
Change
Source
9/28/2026
Listed
$239,000
70.71%
MLS
5/19/2020
Sold
$140,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 502 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,489
-18%
$98,200
5%
2024
$1,805
-1%
$93,800
-1%
2023
$1,823
-35%
$94,700
—
2022
$2,822
104%
$94,300
10%
2020
$1,385
-3%
$86,100
43%
2019
$1,434
—
$60,200
-4%
2018
$1,434
2%
$62,800
—
2017
$1,406
-22%
$62,800
3%
2016
$1,806
—
$61,200
—
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 502 3rd St
502 Third Street, Aurora, IN 47001 (MLS# 208425) is a Business property. 502 Third Street is currently listed for $239,000 and was received on September 28, 2026. This property is listed by Jay Knowles from our Ohio Indiana West Regional Office.Want to learn more about 502 Third Street? Do you have questions about finding other Business real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.


