×
  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

$154,900 $13,100on 4/22/2024

115 W Main Street Monrovia, IN  46157

  • 2 Beds
  • 1 Baths

Video Chat

Schedule a Video Chat Tour

Property Description for 115 W Main Street Monrovia, IN 46157

This property has a commercial zoning BUT residential is grandfathered in until it changes usage. Under the carpeted areas are hardwood floors. The seller's disclosure gives a lot of information about the major concerns like roof, electrical, and foundation. Attached documents includes a foundation inspection report. This little home is a perfect starter, rental income, or a small business. Downtown Monrovia is very attractive. The 2nd bedroom doesn't have a closet and would need a wardrobe cabinet. The kitchen is all country & efficient. There's a 10x06 Mudroom off the kitchen with loads of storage for outdoor equipment, backpacks, and all those shoes. The storage barn is not on a permanent foundation and can be relocated somewhere on this large lot. For those wanting a future rental business...live in this home today and rent when you're ready to move on. Or if you're thinking of starting a business... this is definitely an affordable way to start that as well. Great investment for anyone's future plans. The living room is very spacious with bedrooms on both sides. The bathroom also has a closet/storage room about 06x06 with vinyl floor. Everything works according to the tenant who moved for medical reasons. Tenant said she filled the propane tank twice a year and estimated about $900-$1000 per year for fill-ups seller will nand usually had more in the tank. Walk to school, convenient mart, or a dollar store. There is alley access if you ever wanted a garage/pole barn? Street parking is also available. Business on both sides of this home do not cause distractions due to their type of businesses. You can also walk to get a sandwich down the street or a larger meal across the street. The fenced back yard is perfect for little ones and/or dog lovers or both. You can do any updates as you live in the home. Make this your home at an affordable price. Seller will not pay for any appraisal required repairs. Not expected any repairs.
QuickBuy option for home selling

Address:115 W Main Street Monrovia IN 46157
Status:Active
on site: 53 days
Price:$154,900
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Year Built:1900
Lot Size:0.20
County: Morgan
Township: Monroe
MLS #:21966858
Property Type:Single Family Residence

Lot Dimensions:8799
Lot Features:Not In Subdivision, Sidewalks, Street Lights, Suburb, Zoned
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :000

Loan Price
$982
Price And Interest $808/month
Property Tax $109/month
MTG INS $0/month
HOME INS $65/month
Price
$154,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$109/month
Home Owner Insurance
$780 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
04/22/24 $168,000 $154,900 -7.8%
03/26/24 $179,900 $168,000 -6.61%

RoomSizeLevel
Living Room 17x17 Main
Dining Room 13x10 Main
Kitchen 13x10 Main
06x04 Main
Primary Bedroom 14x13 Main
Bedroom 2 14x10 Main

Semi-Annual Property Tax:$654
Tax Year:2023
Mandatory HOA Fee:$

Area: 5502 - Morgan - Monroe
Subdivision: No Subdivision
Zip Code:46157

Interior Features:Attic Access, Hardwood Floors, Network Ready
Interior Area(s):Bedroom Other on Main, Utility Room
Eating Area(s):Dining Combo/Kitchen
Appliances:Electric Oven, Refrigerator
Exterior Features:Storage Shed
Exterior Type:Wood
Cool:Central Electric
Heat:Forced Air, Propane
Water Heater:Electric Oven, Refrigerator
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schedule a Video Chat Tour

Schools in 115 W Main Street Monrovia, IN  46157


Get more information

Listing provided courtesy of Jan Mathis with Mathis Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/03/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Monrovia Market Report

72
Avg. DOM
$186.11
Avg. $ / Sq.Ft.
$ 331,955
Med. List Price

The house prices in Monrovia are not dropping at the moment. There has been a increase in price of $8,233.17. 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 Monrovia are going Up. The average house price is $320,607.50 and the average price per square feet is $185.11 per square feet. At the moment, the amount of homes listed is exactly 117 houses, with 14 with active status, 23 with pending status and 80 sold in Monrovia .

The most popular place to buy a home in Monrovia is 5502 - Morgan - Monroe. 5502 - Morgan - Monroe 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 Monrovia .

The average amount of property taxes you would have to pay for a home in Monrovia is $1,497.07. 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 Monrovia are staying listed for an average of 102 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 Monrovia was 1908 minutes ago.

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

The cost of the most expensive home in Monrovia is $674,900.00. 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 Monrovia is $168,000.00 . 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 Monrovia in year 1900 and the newest built house is in year 2024.

The average size of properties in Monrovia is 1887.43 sq.ft. , the biggest one being 2708 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.