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$249,900

  • For Sale
  • Active
  • Multi-Family
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Investor opportunity! Fully occupied 3 family property located at 580 Indiana Ave, Aurora, In. This well maintained triplex offers stable rent income with all leases secured through 2026. Property features a 2 bed/1 bath unit and two- 1 bed/1 bath units. Tenants pay utilities. Landlord pays water and trash (aprox $100 mo). Strong rental history, long term tenants, all modern updates make this an excellent addition to any investors portfolio. Capital improvements include: new roof, gutters, new windows, high efficiency gas furnace, central air, new water heaters. All capital improvements listed in attached documents.

Full Property Details for 580 Indiana Ave

General

  • Price: $249,900
  • Status: Active
  • Type: Multi-Family
  • Source: SE_Indiana
  • MLS ID: 206168
  • Updated: 12/10/2025
  • Added to Site: 94 day(s) ago

Interior

  • Fireplace: Yes
  • Fireplace(s): None
  • Appliances: Dishwasher, Oven/Range, Refrigerator

Rooms

Other Rooms

  • Laundry: Private

Parking

  • Parking Features: None
  • Other Parking Type: Driveway, Off Street

Location

  • County: Dearborn
  • Township: Center
  • Transportation: catch a ride

School Information

  • School District: South Dearborn
  • Elementary School: Aurora Elementary
  • High School: South Dearborn High

Heating & Cooling

  • Cooling Type: Ceiling Fans, Central Air Conditioning
  • Separate Air Cond.: Yes
  • Heating Type: Gas
  • Separate Furnace: Yes

Utilities

  • Gas: Natural
  • Separate Gas/Elect: Yes
  • Sewer: Public Sewer
  • Water: Public
  • Sep. Elec Meters: Yes

Structural Information

  • # Buildings: 1
  • Architectural Style: Cape Cod
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Partial
  • Roof: Built-Up, Shingle
  • Windows: Insulated, Vinyl
  • Stories/Levels: Two
  • Square Feet: 2,607
  • Living Area: 2,607 Sq. Ft.
  • Year Built: 1940

Unit Information

  • 1 Bedroom Units: 2
  • 2 Bedroom Units: 1

Lot Features

  • Property View: Woods
  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Street/Road Desc.: Paved
  • Driveway/Sidewalk: Gravel

Financial Considerations

  • Owner Pays: Insurance, Sewer, Taxes, Trash Removal, Water
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • APN: 151206201014000003

Listed by Lohmiller Real Estate, Kristy Theobald

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Listing agent

— 580 Indiana Ave —

  • Kristy Theobald

    Lohmiller Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 580 Indiana Ave

School District:South Dearborn Community School Corporation
NameGradesDistance
Aurora Elementary School
6098 Squire Place, Aurora, IN 47001
PK-61.4 mi
South Dearborn Middle School
5850 Squire Place, Aurora, IN 47001
7-81.3 mi
South Dearborn High School
5770 Highlander Place, Aurora, IN 47001
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 580 Indiana Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/15/2025
Listed
$249,900
296.67%
MLS
1/15/2021
Sold
$63,000
—
Public Record
Get Price Alerts and Save Property
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 for 580 Indiana Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,122
7%
$100,800
7%
2023
$1,984
8%
$93,900
8%
2022
$1,842
51%
$86,800
8%
2020
$1,216
10%
$80,400
45%
2019
$1,110
—
$55,500
11%
2018
$1,108
1%
$50,200
—
2017
$1,100
32%
$50,100
1%
2016
$835
—
$49,700
21%
2016
$835
—
$41,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Lohmiller Real Estate, Kristy Theobald

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580 Indiana Avenue, Aurora, IN 47001 (MLS# 206168) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 580 Indiana Avenue is currently listed for $249,900 and was received on October 15, 2025. Want to learn more about 580 Indiana Avenue? Do you have questions about finding other Multi-Family real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.

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