Light Industrial-Zoned
New
For Sale
$450,000
115 S Morgan Street, Mentone, IN 46539
COMMERCIAL, Mentone, IN
Property SizeContact for details
Lot Size3.41 Acres
Days on Market2
Property Features for 115 S Morgan Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Directions
From Main St, take Morgan St South
Subdivision
Kosciusko County
Standard status
Active
APN
43-13-01-400-119.000-036
Lot size
3.41 Acres
Additional Details
Property Use
Apartment
Taxes and HOA fees
Tax Year
2026
Tax Description
16-10-28.1 TR IN N 1/2 NW 1-31-4 .58A 016-010-028.1AA PT NW NE NW 1-31-4 .19A PER SURVEY 015-010-028.A Pt Tr In N 1/2 Nw 1-31-4 .07A Parcel ID 4-43-13-01-400-102.000-005-Legal:015-010-028 Tr In N 1/2 Nw 1-31-4 3.36A Parcel ID 5-43-13-01-400-105.000-005-Legal:015-010-027 Tr In Ne Nw 1-31-4 .28A
Tax Annual Amount
2666
Legal Description
16-10-28.1 TR IN N 1/2 NW 1-31-4 .58A 016-010-028.1AA PT NW NE NW 1-31-4 .19A PER SURVEY 015-010-028.A Pt Tr In N 1/2 Nw 1-31-4 .07A Parcel ID 4-43-13-01-400-102.000-005-Legal:015-010-028 Tr In N 1/2 Nw 1-31-4 3.36A Parcel ID 5-43-13-01-400-105.000-005-Legal:015-010-027 Tr In Ne Nw 1-31-4 .28A
Building Details
Year built
1920
Flooring type
Vinyl
Roof type
Metal
Listing Agency:
Brian Peterson Real Estate
Listed By:
Brian Peterson
(574) 268-1899
Added: Oct 23
Last Checked: Oct 24 at 11:06AM
MLS# 202643962
Copyright © 2026 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Set on 3.41 acres, this triplex contains three apartments, one of which is a studio. Interior renovations and spacious living areas are among the existing residential features. Unfinished space offers additional interior area, while a basement, vinyl flooring, and a metal roof are also present. The building dates to 1920.
The property has light industrial zoning, municipal utilities, and on-site parking. Future uses are subject to applicable zoning and approvals.
The property has light industrial zoning, municipal utilities, and on-site parking. Future uses are subject to applicable zoning and approvals.
Key Highlights
- Three apartments, including a studio unit
- 3.41‑acre property with light industrial zoning
- Municipal utilities and on‑site parking
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
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Business Placement
Demographics for 46539, IN
2,245
Population
1,083
Households
2.1
Avg Household Size
41
Median Age
8%
College-Educated
89%
High-School Grad
34.8 sq mi
ZIP Area
65
Density / Sq Mi
$76,750
Median Household Income
$45,871
Median Earnings
$989
Median Rent
$141,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - The property has three rental apartments, including a studio, plus unfinished interior space.
Where is this triplex located?
The property is located at 115 S Morgan Street Mentone, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three apartments, including a studio unit; 3.41‑acre property with light industrial zoning; Municipal utilities and on‑site parking
