409 S South Street | MLS #202615419

Listing provided courtesy of @propertiesCathy RussellMLS# 202615419

Great investment opportunity! This well-maintained duplex features two units, each offering 1 bedroom, 1 full bath, a comfortable living room, and an eat-in kitchen. Both units include private exterior storage spaces, providing added convenience for tenants. Current leases in place through April 2027 offer immediate rental income and stability for investors. A solid addition to any portfolio with built-in cash flow potential.

Source: Indiana Regional MLS, MLS#: 202615419

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Property Type

Residential Income
Lot

0.14 acres

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Tim Mason Team
Broker/Owner
RE/MAX Revolution
Cell 812-664-0845

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 409 S South Street

Schools

School data unavailable,
School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
6/4/2026Source: Indiana Regional MLS	Price Reduction	$189,000 -10.0%
4/28/2026Source: Indiana Regional MLS	Added to Database	April 28, 2026