Ranch-Style Apartment
For Sale
$1,400,000
Pending
308 Winters Way, Carthage, IN 46115
Residential Income, Carthage, IN
Property SizeContact for details
Lot Size0.31 Acres
Days on Market324
Property Features for 308 Winters Way
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Parking features
On Street
Subdivision
No Subdivision
Lot features
Not In Subdivision
Elementary school
Knightstown Elementary School
High school
Knightstown High School
Elementary school district
C A Beard Memorial School Corp
Middle school district
C A Beard Memorial School Corp
High school district
C A Beard Memorial School Corp
Directions
GPS Friendly
Standard status
Pending
APN
700219209006000009
Lot size
0.31 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2024
Tax Description
009-67477-16 5th Street Sub Lot 15 700219209006000009
Tax Annual Amount
18996
Legal Description
009-67477-16 5th Street Sub Lot 15 700219209006000009
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1988
Floors in Building
1
Number of units
18
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Ranch
Buildings
5
Listing Agency:
Highgarden Real Estate
(317) 205-4320
Listed By:
Mel Coutz
(317) 280-4663
Added: Dec 8, 2025
Changed: Oct 24
Last Checked: Oct 28 at 5:06AM
MLS# 22058405
Copyright © 2026 Broker Listing Cooperative®. 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.
This residential income offering includes duplex buildings in Carthage, Indiana, with each unit arranged as a two-bedroom, one-bath residence measuring 798 square feet. The properties were built in 1988 and feature ranch-style construction, vinyl siding, shingle roofs, natural-gas forced-air heating, central air conditioning, and on-street parking. The portfolio is described as leased and operating, with professional management in place.
The properties are situated in the rural town of Carthage, with Greenfield and Shelbyville identified as nearby communities for shopping, dining, and employment. The offering includes multiple duplex addresses on Winters Way, providing a collection of residential units within the same local market.
The properties are situated in the rural town of Carthage, with Greenfield and Shelbyville identified as nearby communities for shopping, dining, and employment. The offering includes multiple duplex addresses on Winters Way, providing a collection of residential units within the same local market.
Key Highlights
- Two‑bedroom, one‑bath units measuring 798 square feet
- Duplex properties built in 1988
- Ranch‑style construction with vinyl siding and shingle roofs
Property Analytics
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Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
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Business Placement
Demographics for 46115, IN
1,952
Population
597
Households
3.3
Avg Household Size
41
Median Age
18%
College-Educated
93%
High-School Grad
38.9 sq mi
ZIP Area
50
Density / Sq Mi
$49,464
Median Household Income
$29,886
Median Earnings
$694
Median Rent
$155,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing duplex buildings in Carthage with established leasing and residential layouts.
Where is this apartment building located?
The property is located at 308 Winters Way Carthage, IN.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath units measuring 798 square feet; Duplex properties built in 1988; Ranch‑style construction with vinyl siding and shingle roofs
