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$255,000 $15,000on 2/23/2024

102 N Main Street Bourbon, IN  46504-1646

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Property Description for 102 N Main Street Bourbon, IN 46504-1646

Step into history with this remarkable three-story brick business building nestled in the heart of historic downtown Bourbon. Currently home to the second location of the popular Mi Lindo Acapulco restaurant, this property offers not just a space but a piece of the town's vibrant past. The business, including all equipment, furnishings, and a coveted liquor license, will be included in the sale, providing an exciting opportunity for entrepreneurs or restaurateurs looking to make their mark in this charming community. As you explore this multi-story gem, you'll find the second floor partially finished, offering potential for expansion or alternative use. The third story unveils a blank canvas, preserving pieces of the original ballroom, with a captivating original painting adorning the wooden wall, serving as a testament to the building's storied past. With its prime location in historic downtown Bourbon, this property not only offers a unique business opportunity but also a chance to be a part of the town's ongoing legacy. Seize the chance to own a piece of history and shape the future of this distinguished property.

Address:102 N Main Street Bourbon IN 46504-1646
Status:Active
on site: 377 days
Price:$255,000
Bathrooms:0
Year Built:1900
Lot Size:0.11
County: Marshall County
Township: Bourbon
MLS #:202343233
Property Type:Restaurant/Bar

Lot Dimensions:50X95.7
Directions:SR 331 S to Center Street (Old 30); Property at corner of SR 331 and Center Street
Basement:No

Loan Price
$1,647
Price And Interest $1,330/month
Property Tax $211/month
MTG INS $0/month
HOME INS $106/month
Price
$255,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$211/month
Home Owner Insurance
$1,272 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
02/23/24 $270,000 $255,000 -5.56%

RoomSizeLevel
3rd Bedroom 2 x 3 Info Not Available
Den 1 x 4360 Info Not Available

Semi-Annual Property Tax:$1,268
Tax Year:2023
Mandatory HOA Fee:$

City:Bourbon
Subdivision: No Name Park
Zip Code:46504-1646

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Anna Gilsinger with RE/MAX Results- Warsaw

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Bourbon Market Report

357
Avg. DOM
$142.07
Avg. $ / Sq.Ft.
$ 275,000
Med. List Price

The house prices in Bourbon are indeed dropping at the moment. There has been a decrease in price of $221,666.67. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Bourbon are going Down. The average house price is $275,000.00 and the average price per square feet is $142.07 per square feet. At the moment, the amount of homes listed is exactly 17 houses, with 3 with active status, 4 with pending status and 10 sold in Bourbon .

The most popular place to buy a home in Bourbon is . is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Bourbon .

The average amount of property taxes you would have to pay for a home in Bourbon is $2,885.33. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Bourbon are staying listed for an average of 55 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Bourbon was 113107 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Bourbon is $489,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Bourbon is $139,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Bourbon in year 1875 and the newest built house is in year 2014.

The average size of properties in Bourbon is 2022.33 sq.ft. , the biggest one being 2880 sq.ft. and the smaller being 1495 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.