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    5020 N 400 W Decatur, IN 46733

    For Sale
    $399,000

    Duplex - Decatur, IN

    Type:Duplex
    Property size:
    3,692 SF
    Lot size:
    1.00 Acre
    Days on Market:
    44
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 5020 N 400 W

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Laundry
    Bedrooms
    3
    Bathrooms
    5
    APN
    01-04-02-400-003.000-007
    Parking features
    Off Street
    Patio and Porch features
    Patio, Porch
    Exterior features
    Basement, Ceiling Fan, Fireplace, Off Street Parking, Storage, Attic Pull Down Stairs, Closet(s) Walk-in, Countertops-laminate, Eat-in Kitchen, Firepit, Landscaped, Patio Covered, Porch Covered, Water Heater Electric, Water Softener-owned, Sump Pump, Fence, None
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Microwave, Range, Washer
    Size
    3,692 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2.5
    Number of units
    2
    Flooring type
    Laminate, Wood
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Harvey & Associates Realty LLC (260) 728-4240 [email protected]

    Listing agent Vickie Harvey (260) 728-4240 License #RB14047495

    Listing date Oct 23, 2025

    MLS# 202541710 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur Duplex with Pole Building

    This property features a duplex that combines historical charm with modern amenities. A notable feature is the expansive 64 x 32 pole building, equipped with an oversized door, heated office space, lofted area, lean-to, wrap-around porch, and RV parking. Both units are move-in ready and share a single meter. Unit 1 includes 2.5 bathrooms, a lofted bedroom and living room, laundry facilities, plank flooring, an eat-in kitchen, and garage access. Unit 2 is equipped with a covered handicap ramp, 2 bedrooms, 2 full bathrooms, an electric fireplace, a walk-in closet, basement access, and a private porch. The property's amenities include appliances, a covered pavilion, a fire pit, and a dog run located behind a vinyl fence, as well as porch access. A new furnace and central air were installed in 2022. The property, situated on a 1-acre lot, offers 3692 square feet of space and presents an opportunity to live in one unit and rent the other for income. It is located in Decatur, Indiana, in Adams County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Storage Facility Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Adams
    State
    Indiana
    Longitude
    -85.015004
    Latitude
    40.816423

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    FAQs

    What type of property is this?
    Duplex - Move-in ready duplex with a large pole building and amenities.
    Where is this duplex located?
    The property is located at 5020 N 400 W Decatur, IN.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - HUGE 64 x 32 pole building with oversized door, heated office, lofted area, lean-to, wrap-around porch, and RV parking.; - Duplex offers income potential: live in one unit and rent the other.; - Both units are move-in ready.
    (260) 728-4240
    Request Owner's contact information
    5020 N 400 W Decatur, IN 46733
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    Decatur, IN 46733
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5020 N 400 W Decatur, IN 46733
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