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115 W Main St, Monrovia, IN, 46157

$154,900

Home List Price

$1,839*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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115 W Main St, Monrovia$154,900

Buyer Closing Credits

$1,839*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1900
HeatingForced Air, Propane
CoolingCentral Air
MLS #21966858
Lot Size0.20 Acres
StatusActive

About 115 W Main St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1900

Listing Office:

  • Office Name: Mathis Real Estate
  • Office Email: janallenmathis@gmail.com
  • Listing Agent: Jan Mathis

Interior Features

Interior Information:

  • Appliances: Electric Oven, Refrigerator
  • Basement: No
  • Interior: Attic Access, Hardwood Floors, Network Ready

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Storage Shed

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Propane
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Monrovia High School, Public District Grades 9-12
  • Monrovia Middle School, Public District Grades 6-8
  • Monrovia Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $154,900

Tax Information:

  • Annual Amount: $974
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21966858

Listing Office:

  • Office Name: Mathis Real Estate
  • Office Email: janallenmathis@gmail.com
  • Listing Agent: Jan Mathis

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$974$90,100
2019$959$77,600
2017$871$69,700

History based on county public records data.

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$841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$531

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4325676
6
/10
  • Monrovia Elementary School

  • 395 S Chestnut St

  • 0.48 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4325677
4
/10
  • Monrovia Middle School

  • 215 S Chestnut St

  • 0.29 miles

  • Public District Grades 6-8

High School

school-card-donut-4325678
4
/10
  • Monrovia High School

  • 205 S Chestnut St

  • 0.27 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,924. Residents of Morgan County, IN typically earn between $35k-100k each year. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 115 W Main St

What is the listing price of this property?

The listing price of 115 W Main St property is $154,900.

What type of property is this?

The property 115 W Main St is a house located in Monrovia, Indiana, 46157.

Is this property for sale now?

Active Listing: 115 W Main St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 115 W Main St are:
Monrovia Elementary School: GreatSchools Rating 6/10
Monrovia Middle School: GreatSchools Rating 4/10
Monrovia High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $974 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 115 W Main St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 115 W Main St is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 115 W Main St is 1900.

Rocket HomesIndianaMorgan CountyMonrovia46157115 W Main St

This home is located at 115 W Main St in Monrovia, IN and zip code 46157. This home, which was built in 1900, sits on a 0.20 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $154,900.

In March 2024 more than 9 listings in Morgan County, IN were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 38 were sold below. The number of listings in Morgan County, IN increased by 4.4% between February 2024 and March 2024. In March 2024 median list price was $270,333 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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