Loan Price
$1,312
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$225,000 ↓$25,000on 8/3/2024
202 W Main Street Milroy, IN 46156
- 5,580 sq. Ft
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Property Description for 202 W Main Street Milroy, IN 46156
What a great opportunity to own a piece of small town history. Former Milroy Bank and Masonic Lodge. This building has over 5,000 SF and has been nicely updated. The main level offers a large 27x28 room, 11x10 office, large 27x16 kitchen, 13x10 vault, and 11x11 half bath. Nice staircase leads to the upstairs which offers a huge 48x27 room, 13x11 kitchen, 11x11 dining room, furnace room and 10x12 full bath with a 9x5 huge 7 way shower. The basement has 2 rooms and another vault. Nice thick brick/cement walls. Storage areas. Newer windows. Newer HVAC system. Updated 200 amp electric and plumbing. Newer water heater. Property is on Main St in Milroy which is also State Road 244. 107 N Pillsbury lot also included. Could possibly be used for parking. Easy access to Hwy 3 and I-74. About 1 hr to Cincinnati and little less than an hour to Indianapolis. Think of the possibilities!
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Address:202 W Main Street Milroy IN 46156
Status:Active
on site: 161 days
Price:$225,000
Bathrooms:0
Sq. Feet:5,580
Year Built:1920
Lot Size:0.13
County: Rush
Township: Anderson
MLS #:21988185
Property Type:Business
Lot Dimensions:5832
Road Frontage:City Street, State Road
Zoning:commercial
Directions:GPS Friendly
Total Sq. Ft. :5,580
| Date | Old Price | New Price | Percent Change |
| 08/03/24 | $250,000 | $225,000 | -10% |
Semi-Annual Property Tax:$263
Tax Year:2023
Other Disclosures:As Is, Defects/None Noted
Mandatory HOA Fee:$
Total Sq. Ft.:5,580
Cool:Central Electric
Heat:Forced Air, Propane
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Listing provided courtesy of Lisa Hubbard with Carpenter, REALTORS® from MIBOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 06/30/2024 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.
Milroy Market Report
76
Avg. DOM
$138.42
Avg. $ / Sq.Ft.
$ 214,450
Med. List Price
The house prices in Milroy are indeed dropping at the moment. There has been a decrease in price of $41,000.00. 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.
There is no data available at this time for Milroy.
The most popular place to buy a home in Milroy is 7011 - Rush - Anderson. 7011 - Rush - Anderson 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 Milroy .
The average amount of property taxes you would have to pay for a home in Milroy is $1,249.14. 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 Milroy 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 Milroy was 18333 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Milroy is $689,500.00. 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 Milroy 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 Milroy in year 1868 and the newest built house is in year 2009.
The average size of properties in Milroy is 2105 sq.ft. , the biggest one being 3606 sq.ft. and the smaller being 920 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.