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    602-604 S Martin St Ligonier, IN 46767

    For Sale
    $200,000

    Duplex - Ligonier, IN

    Type:Duplex
    Property size:
    2,271 SF
    Lot size:
    0.25 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 602-604 S Martin St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry
    Bedrooms
    4
    Bathrooms
    2
    APN
    57-01-27-400-183.000-014
    Parking features
    Garage, Garage - Detached
    EntryLevel
    Upper,Lower
    Exterior features
    Basement, Water Heater Gas, Sump Pump, None
    Basement Y/N
    1
    Appliances
    Dryer, Range
    Size
    2,271 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet
    Architectural style
    Other

    CENTURY 21 ABBEY REALTY (574) 262-4949 [email protected]

    Listing agent Nicole Lovely (574) 293-2121 License #RB18001302

    Listing date Nov 25, 2025

    MLS# 202547255 Listing URL

    Copyright © 2025 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Converted Duplex in Ligonier, IN

    This property, originally a single-family home, has been converted into a two-unit residence. Each unit, both the upper and lower, features 2 bedrooms and 1 bathroom. The 2,271 square-foot property sits on a 0.25-acre lot. Located in Ligonier, Noble County, Indiana, this property offers the flexibility to be converted back into a single-family home or utilized as a two-unit rental. The property has no rental history, as it has always been owner-occupied.
    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 Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ligonier
    County
    Noble
    State
    Indiana
    Longitude
    -85.590816
    Latitude
    41.46085

    Nearby Similar for Sale

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      0.08 Acres

      Versatile Mixed-Use Building in Ligonier

      Commercial storefront with two apartments in downtown Ligonier, Indiana.
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      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit home with conversion potential in Ligonier, Indiana.
    Where is this duplex located?
    The property is located at 602-604 S Martin St Ligonier, IN.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Convertible: Easily converted back to a single-family home.; - Two Units: Currently configured as a two-unit property, each with 2 bedrooms and 1 bathroom.; - Rental Potential: Suitable as a two-unit rental property.
    (574) 293-2121
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    602-604 S Martin St Ligonier, IN 46767
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    Ligonier, IN 46767
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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
    602-604 S Martin St Ligonier, IN 46767
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