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Residential Income Property
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Pending

228 S MADISON ST, Knightstown, IN 46148

Residential income property totaling 3,820 SF, with a recorded date of 02/14/2005.

Property Size3,820 SF
Days on Market132

Property Features for 228 S MADISON ST

General Information

Standard status Pending
Size 3,820 SF
Property subtype Multifamily
Investment Type Value Add

Building Details

Year Built 1950
Buildings 1
Stories 1
Units 3
Listing Agency: Ellsbury Group
Listed By: Justin Lowe · License #RB19001645
Source: Crexi
Added: Apr 27 Changed: Aug 25 Last Checked: Sep 2 at 9:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ellsbury Group

Investment Insights

Based on property information with market context.

Offered for sale, this residential income property is listed at 3,820 SF, with a documented date of 02/14/2005. The asset is identified as a multifamily/residential income “other multifamily” type within the available property records.

The property is located at 228 S Madison St in Knightstown, IN 46148. Beyond the total size and the recorded date, no additional unit mix, interior details, or tenancy information is provided in the available data.

Prospective buyers should review the property directly and confirm all operational details, including current condition and any income or occupancy considerations, as those specifics are not included here.

Key Highlights

  • Residential income property with 3,820 SF
  • Year built: 1950
  • Recorded date shown as 02/14/2005

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store

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

208
Businesses Nearby

Demographics for 46148, IN

4,859
Population
2,137
Households
2.3
Avg Household Size
44
Median Age
22%
College-Educated
95%
High-School Grad
51.1 sq mi
ZIP Area
95
Density / Sq Mi
$62,951
Median Household Income
$44,236
Median Earnings
$849
Median Rent
$180,900
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?
Multifamily property - Residential income property totaling 3,820 SF, with a recorded date of 02/14/2005.
Where is this multifamily property located?
The property is located at 228 S MADISON ST Knightstown, IN.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Residential income property with 3,820 SF; Year built: 1950; Recorded date shown as 02/14/2005
(765) 401-1122 Call to check price and availability
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