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    360 Main Cross St Charlestown, IN 47111

    For Sale
    $119,900

    Downtown Charm, Investment Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This unique Charlestown, Indiana property presents an exceptional investment opportunity. Three adjacent buildings at 360, 362, and 366 Main Cross Street, totaling 0.2 acres, offer a chance to revitalize a piece of history. The main structure, a vacant four-bedroom, one-and-a-half-bathroom Victorian home, boasts original 1800s charm, including 10-foot ceilings, hardwood floors, five fireplace mantels, pocket doors, rosette corners, and intricate wood carvings. The first floor features a parlor, living room, dining room, eat-in kitchen, laundry area, and a half-bath. Upstairs, all four bedrooms and a full bathroom are situated, with a potential third-floor attic finish. A large fenced backyard and off-street parking add to the property's appeal. Located in the heart of downtown Charlestown, approximately 20 minutes from Louisville, Kentucky, this property is zoned Downtown Historic. The City of Charlestown offers a $10,000 annual facade program to assist with restoration efforts. While the home requires renovation, its solid construction and original features are a testament to its enduring quality. Sold as-is, with inspections welcome

    Property Features for 360 Main Cross St

    General Information

    Property type
    Investment properties
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1880
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlestown
    County
    Clark
    State
    Indiana
    Longitude
    -85.66148
    Latitude
    38.44444

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    FAQs

    What type of property is this?
    Investment property - Downtown Charm, Investment Opportunity
    Where is this investment property located?
    The property is located at 360 Main Cross St Charlestown, IN.
    What is the asking price?
    The asking price for this property is $119,900.
    (812) 944-7024
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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
    360 Main Cross St Charlestown, IN 47111
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