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    518 N State St Greenfield, IN 46140

    For Sale
    $309,000

    Duplex - Greenfield, IN

    Type:Duplex
    Lot size:
    0.24 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 518 N State St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    APN
    300732401013001009
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1964
    Number of units
    2
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Ala Carte Realty, LLC (317) 509-6797 [email protected]

    Listing agent Kimberlyn Cannon (317) 377-1917 License #RB14045374

    Listing date Oct 31, 2025

    MLS# 22040685 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Duplex in Greenfield, IN

    This fully furnished, renovated duplex, nearly 3000 square feet, is located in a convenient area of Greenfield. It presents an investment or owner-occupancy opportunity. Both units feature a new gas furnace, HVAC system, and water heater. A detached two-car garage is included. New double-hung vinyl windows with a 25-year warranty have been installed, and the roof was replaced in 2022. The larger unit, 518, is almost 2000 square feet and includes three bedrooms with the primary bedroom on the main floor, one full bath, new carpet upstairs, a freshly painted living room and dining room, a kitchen, and a full bath on the main floor. All appliances and furniture are included. The first-floor unit, 516, is almost 1000 square feet and features a living room, a dining room, a master bedroom, a kitchen, and a laundry room. Each side has a utility storage room, a new water heater, a furnace, an AC unit, and a washer and dryer. The property, situated on a 0.24-acre lot in Hancock County, is suitable for investors or buyers looking to live in one unit and rent out the other.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.769721
    Latitude
    39.790388

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    FAQs

    What type of property is this?
    Duplex - Fully furnished, renovated duplex in a convenient Greenfield location.
    Where is this duplex located?
    The property is located at 518 N State St Greenfield, IN.
    What is the asking price?
    The asking price for this property is $309,000.
    What are key features of this property?
    This property features: - Move-in ready, fully furnished duplex (nearly 3000 sq ft) offering immediate rental income potential or owner-occupancy with rental income.; - **Completely renovated with new gas furnaces, HVAC systems, and water heaters in both units, ensuring low maintenance and energy efficiency.**; - **Oversized 2-car detached garage provides ample parking and storage.**
    (317) 377-1917
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    Greenfield, IN 46140
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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
    518 N State St Greenfield, IN 46140
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