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$95,000

  • For Sale
  • Under Contract
  • Multi-Family
  • 5 Total Beds
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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 for 206 S 3rd St

General

  • Price: $95,000
  • Taxes: $588 (2025)
  • Status: Under Contract
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 840271
  • Updated: 8/6/2026
  • Added to Site: 128 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 —

  • McColly Real Estate

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 206 S 3rd St

School District:South Newton School Corporation
NameGradesDistance
South Newton Elementary School
13188 South 50 East, Kentland, IN 47951
PK-54.2 mi
South Newton Middle School
13100 South 50 East, Kentland, IN 47951
6-84.3 mi
South Newton Senior High School
13102 South 50 East, Kentland, IN 47951
9-124.3 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/03/2026
Price Reduced
$95,000
-4.9%
MLS
7/31/2026
Price Reduced
$99,900
-2.54%
MLS
7/22/2026
Price Reduced
$102,500
-2.38%
MLS
7/14/2026
Price Reduced
$105,000
-8.7%
MLS
6/25/2026
Price Reduced
$115,000
-4.17%
MLS
6/06/2026
Listed
$120,000
—
MLS
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 206 S 3rd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$589
50%
$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.

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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 $95,000 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.

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