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Two-Story Apartment Building
For Sale
$410,000

130 N MERIDIAN Street, Greentown, IN 46936

INVESTMENT, Two Story, Greentown, IN

Property Size4,560 SF
Lot Size0.07 Acres
Price / SF$89.91
Days on Market47

Property Features for 130 N MERIDIAN Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Basement, Bathroom 4, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Bathroom 5, Bedroom 3
Fireplace 1
Lot features Corner, Level
Elementary school Eastern
Middle school Eastern
High school Eastern
Elementary school district Eastern Howard School Corp.
Middle school district Eastern Howard School Corp.
High school district Eastern Howard School Corp.
Directions 22 East to Greentown
Subdivision Howard County
Standard status Active
APN 34-05-33-461-001.000-012
Size 4,560 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description SEAGRAVE O P 30' N END LOTS 8 & 9
Legal Description SEAGRAVE O P 30' N END LOTS 8 & 9

Building Details

Year built 1900
Floors in Building 2
Number of units 5
Flooring type Laminate, Tile
Roof type Asphalt
Architectural style Other
Listing Agency: RE/MAX Realty One · RE/MAX International
Listed By: Pam Maloney · License #RB14009578
Added: Jul 14 Changed: Aug 26 Last Checked: Aug 29 at 6:06AM
MLS# 202628079

Copyright © 2026 REALTORS Association of Central Indiana. 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.

This two-story apartment building contains 4,560 square feet on a 0.07-acre parcel and dates to 1900. Units 1 and 2 have been completed with new laminate flooring, newer kitchen cabinets, and newer bathrooms. The property also includes tile flooring, an asphalt roof, a basement, and a fireplace. The room configuration includes six bedrooms and five bathrooms.

Located at 130 N Meridian Street in Greentown, Indiana, the property offers an existing multifamily layout with utility responsibilities structured so the landlord pays utilities other than electric. The recent work in Units 1 and 2 provides finished spaces ready for tenant occupancy.

Key Highlights

  • 4,560‑square‑foot apartment building on a 0.07‑acre lot
  • Units 1 and 2 updated with new laminate flooring, newer cabinets, and newer bathrooms
  • Landlord pays utilities except electric

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 46936, IN

5,800
Population
2,522
Households
2.3
Avg Household Size
45
Median Age
31%
College-Educated
97%
High-School Grad
65.2 sq mi
ZIP Area
89
Density / Sq Mi
$79,345
Median Household Income
$43,580
Median Earnings
$841
Median Rent
$206,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two units feature updated finishes, while the landlord pays utilities other than electric.
Where is this apartment building located?
The property is located at 130 N MERIDIAN Street Greentown, IN.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 4,560‑square‑foot apartment building on a 0.07‑acre lot; Units 1 and 2 updated with new laminate flooring, newer cabinets, and newer bathrooms; Landlord pays utilities except electric
More about this property
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