Ranch Duplex Investment
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 Market275
Property Features for 308 Winters Way
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
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
Taxes and HOA fees
Tax Year
2024
Tax Description
009-67477-16 5th Street Sub Lot 15 700219209006000009
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
Listing Agency:
Highgarden Real Estate
(317) 205-4320
Listed By:
Mel Coutz · License #RB14046454
(317) 280-4663
Added: Dec 8, 2025
Changed: Sep 2
Last Checked: Sep 9 at 6:06PM
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.
Investment Insights
Based on property information with market context.
This ranch-style duplex property in Carthage was built in 1988 and features vinyl siding, shingle roofing, central air, and natural gas forced-air heating. Each duplex layout includes two bedrooms, one full bathroom, and 798 square feet. On-street parking serves the property, which sits on 0.31 acres.
The property is located in a rural town setting within Rush County, with Greenfield and Shelbyville identified as nearby destinations for shopping, dining, and employment. The duplexes are leased and operating, and professional management is provided by Dudley Property Management in Greenfield. The offering includes multiple Winters Way addresses associated with the duplex portfolio.
The property is located in a rural town setting within Rush County, with Greenfield and Shelbyville identified as nearby destinations for shopping, dining, and employment. The duplexes are leased and operating, and professional management is provided by Dudley Property Management in Greenfield. The offering includes multiple Winters Way addresses associated with the duplex portfolio.
Key Highlights
- Two‑bedroom, one‑bathroom duplex layouts with 798 sqft per duplex
- Built in 1988 with ranch‑style construction and vinyl siding
- Central air and natural gas forced‑air heating
Property Analytics
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Current Use
Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Duplex - Leased ranch duplex with two-bedroom layouts, central air, and natural gas forced-air heating.
Where is this duplex 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‑bathroom duplex layouts with 798 sqft per duplex; Built in 1988 with ranch‑style construction and vinyl siding; Central air and natural gas forced‑air heating
