Renovated Apartment
New
For Sale
$110,000
118 S Walnut Street, Ridgeville, IN 47380
INVESTMENT, Two Story, Ridgeville, IN
Property Size6,142 SF
Lot Size0.13 Acres
Price / SF$17.91
Days on Market4
Property Features for 118 S Walnut Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
7
Bathrooms
5
Full bathrooms
3
Half bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 6, Basement, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 3
Parking features
Off Street
Basement
Block
Lot features
City/ Town/ Suburb, 0-2.9999
Elementary school
Deerfield
Middle school
Driver
High school
Winchester
Elementary school district
Randolph Central School Corp.
Middle school district
Randolph Central School Corp.
High school district
Randolph Central School Corp.
Directions
East on IN-32. Left on IN-1. Right on IN-28. Right on S Walnut Street.
Subdivision
Randolph County
Standard status
Active
APN
68-05-12-279-072.000-002
Size
6,142 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NEWTOWN LOT 9 BLK 3
Legal Description
NEWTOWN LOT 9 BLK 3
Utilities
Cooling system
Multi Units
Amenities
laundry hookups
electric furnaces
Building Details
Year built
1909
Floors in Building
2
Number of units
5
Flooring type
Concrete, Vinyl, Laminate
Roof type
Metal
Architectural style
Other
Listing Agency:
Tarter Realty Auction and Appraisal Company
(765) 595-8155
Listed By:
Jill Friend · License #RB23001467
(765) 546-8236
Added: Sep 1
Changed: Sep 4
Last Checked: Sep 4 at 10:06AM
MLS# 202636454
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1909, this 6,142-square-foot building sits on a 0.13-acre parcel and combines residential, retail, and storage components. Two 2-bedroom, 1-bath apartments have been renovated and include laundry hookups and new electric furnaces. The main level also contains a 3-bedroom, 1.5-bath apartment requiring renovation, along with a former retail area and restroom.
The upper level provides more than 2,000 square feet of storage. Vinyl, concrete, and laminate flooring are present throughout the property, with multi-unit cooling, off-street parking, and a metal roof. The property is located at 118 S Walnut Street in Ridgeville, Indiana, within Randolph County.
The upper level provides more than 2,000 square feet of storage. Vinyl, concrete, and laminate flooring are present throughout the property, with multi-unit cooling, off-street parking, and a metal roof. The property is located at 118 S Walnut Street in Ridgeville, Indiana, within Randolph County.
Key Highlights
- 6,142‑square‑foot apartment building on a 0.13‑acre parcel
- Two renovated 2BR/1BA apartments with laundry hookups and new electric furnaces
- Additional 3BR/1.5BA apartment on the main level needs renovation
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 47380, IN
1,917
Population
703
Households
2.7
Avg Household Size
41
Median Age
8%
College-Educated
85%
High-School Grad
61.8 sq mi
ZIP Area
31
Density / Sq Mi
$55,278
Median Household Income
$40,046
Median Earnings
$664
Median Rent
$84,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Mixed-use building with two updated apartments, an additional apartment, former retail space, and substantial storage areas.
Where is this apartment building located?
The property is located at 118 S Walnut Street Ridgeville, IN.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: 6,142‑square‑foot apartment building on a 0.13‑acre parcel; Two renovated 2BR/1BA apartments with laundry hookups and new electric furnaces; Additional 3BR/1.5BA apartment on the main level needs renovation
