Date
Details
Price
Change
Source
6/06/2026
Listed
$120,000
—
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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1/17
$120,000 Just Listed
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1/17
Property Description
Investment Opportunity - Duplex or Single-Family Home, Your Choice! Currently zoned as a duplex, this versatile 2-story property offers multiple possibilities for investors, owner-occupants, or those looking for a multi-generational living arrangement. The main level features 2 bedrooms (one very small), a kitchen, and an ADA-accessible 3/4 bath with wheelchair ramp access. The upper level offers additional bedrooms, a second kitchen, and a full bath. An interior spiral staircase currently connects both levels and can easily be removed to restore complete separation between the units. Whether you're looking to maintain it as a duplex or convert it to a spacious single-family residence, the flexibility is yours. The home does need updating and repairs, making it an excellent opportunity to add value and build equity. Property is being sold As-Is.
Full Property Details
Full Property Details for 206 S 3rd St
General
- Price: $120,000
- Taxes: $588 (2025)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 840271
- Updated: 6/6/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Laminate Counters
- Appliances: Electric Range, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Rain Gutters
Parking
- Parking Features: Driveway, Off Street, Gravel
Location
- County: Newton
- Township: Jefferson
- Subdivision: Kentland Additions E
- Driving Directions: From 41: Turn on Kent St. Follow to Allen. West to Third. North to home.
School Information
- High School District: South Newton
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Forced Air, Other, Natural Gas
Structural Information
- Year Built: 1938
Lot Features
- Lot Size (Acres): 0.1033
- Lot Size (Sq. Ft.): 4,500
- Lot Features: Corner Lot, Few Trees
Financial Considerations
- Tax Amount: $588.66
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: N1/2 LOTS 16 & 17 BLK 5 ORIGINAL PLAT KENTLAND
- Property ID: 561621443094000011
Listed by McColly Real Estate
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— 206 S 3rd St —
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NMLS#: 1598647
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Schools
Schools serving 206 S 3rd St
School District:South Newton School Corporation
| Name | Grades | Distance |
|---|---|---|
South Newton Elementary School 13188 South 50 East, Kentland, IN 47951 | PK-5 | 4.2 mi |
South Newton Middle School 13100 South 50 East, Kentland, IN 47951 | 6-8 | 4.3 mi |
South Newton Senior High School 13102 South 50 East, Kentland, IN 47951 | 9-12 | 4.3 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 206 S 3rd St
Tax History
Tax History for 206 S 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$393
—
$83,600
23%
2024
$393
—
$68,000
8%
2023
$393
13%
$62,700
6%
2022
$347
-6%
$59,200
21%
2020
$370
9%
$48,800
3%
2019
$340
3%
$47,400
—
2018
$330
49%
$47,400
—
2017
$221
4%
$47,400
6%
2016
$213
—
$44,600
-1%
2016
$213
—
$45,100
—
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 206 S 3rd St
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- Single Family
- Active
- Updated 21 hours ago
- 4Beds
- 2Total Baths
- 2,342Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,598Sq. Ft.
Listed by Jenkins, REALTORS, INC.
- Single Family
- Active
- Updated 10 hours ago
- 3Beds
- 2Total Baths
- 2,653Sq. Ft.
Listed by Cornerstone Real Estate Agency
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- Single Family
- Active
- Updated 21 hours ago
- 4Beds
- 1Total Bath
- 1,728Sq. Ft.
- Single Family
- Active
- Updated 18 hours ago
- 4Beds
- 2Total Baths
- 2,186Sq. Ft.
Listed by The Real Estate Shoppe, LLC
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 2,220Sq. Ft.
Listed by RE/MAX Executives
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,081Sq. Ft.
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- Single Family
- Closed
- 2Beds
- 2Total Baths
- 1,788Sq. Ft.
Listed by The Real Estate Shoppe, LLC
Sold by Non-Member MLS Office
Sold by Non-Member MLS Office
- Single Family
- Closed
- 2Beds
- 2Total Baths
- 2,336Sq. Ft.
Listed by Keri Hir
Sold by Rock Realty Group LLC
Sold by Rock Realty Group LLC
- Single Family
- Closed
- 3Beds
- 1Total Bath
- 1,356Sq. Ft.
Listed by Listing Leaders
Sold by Realty Executives Premier
Sold by Realty Executives Premier
- Single Family
- Closed
- 2Beds
- 1Total Bath
- 1,091Sq. Ft.
Listed by RE/MAX Executives
Sold by RE/MAX Executives
Sold by RE/MAX Executives
206 S 3rd Street, Kentland, IN 47951 (MLS# 840271) is a Multi-Family property with units containing 5 bedrooms, 1 full bathroom and 1 partial bathroom. 206 S 3rd Street is currently listed for $120,000 and was received on June 06, 2026. Want to learn more about 206 S 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Kentland? You can browse all Kentland real estate or contact a Coldwell Banker agent to request more information.