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Ranch Duplex with Attached Garages
For Sale
$314,900

406 S Lincoln Avenue, Fowler, IN 47944

Residential Income, Fowler, IN

Property SizeContact for details
Lot Size0.16 Acres
Days on Market58

Property Features for 406 S Lincoln Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Parking features Open
Subdivision No Subdivision
Lot features City Lot, Corner Lot, Not In Subdivision, Street Lights, Mature Trees
Elementary school Prairie Crossing Elementary School
High school Benton Central Jr-Sr High School
Elementary school district Benton Community School Corp
Middle school district Benton Community School Corp
High school district Benton Community School Corp
Directions GPS Friendly
Standard status Active
APN 040815224092000004
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Op Lot 1494 53.5X132
Tax Annual Amount 4346
Legal Description Op Lot 1494 53.5X132

Utilities

Heating system Electric (Heating), Forced Air
Cooling system Central Air

Building Details

Year built 2020
Floors in Building 1
Number of units 2
Building materials Vinyl With Stone
Architectural style Ranch
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Michelle Chandler · License #RB14035890
Added: Aug 17 Changed: Sep 14 Last Checked: Oct 13 at 4:06AM
MLS# 22120756

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.

Completed in 2020, this ranch-style duplex contains two residences, each offering three bedrooms, two full bathrooms, and an attached two-car garage. The interior arrangement separates the primary suite from the additional bedrooms, while an open great room, dining area, and kitchen create a connected living space. Each kitchen includes a breakfast bar and stainless steel appliances. Vinyl siding with stone accents, forced-air electric heating, and central air conditioning serve the property.

The duplex sits on 0.16 acres at 406 S Lincoln Avenue in Fowler, Indiana, within Benton County. Its setting is described as just north of Purdue University, with access to shopping, dining, and everyday amenities. Open parking is also provided. The two-unit configuration supports residential income use, owner occupancy with a second unit available for rent, or multigenerational living.

Key Highlights

  • Two‑unit duplex built in 2020
  • Each unit includes 3 bedrooms, 2 full bathrooms, and an attached two‑car garage
  • Split‑bedroom layouts separate the primary suite from the secondary bedrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Real Estate Agency Auto Parts Store Plumbing Service Pharmacy Dental Office

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

Demographics for 47944, IN

3,561
Population
1,597
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
89%
High-School Grad
188.9 sq mi
ZIP Area
19
Density / Sq Mi
$53,563
Median Household Income
$41,106
Median Earnings
$883
Median Rent
$129,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Built in 2020, the property combines two three-bedroom residences with split-bedroom layouts and central air.
Where is this duplex located?
The property is located at 406 S Lincoln Avenue Fowler, IN.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Two‑unit duplex built in 2020; Each unit includes 3 bedrooms, 2 full bathrooms, and an attached two‑car garage; Split‑bedroom layouts separate the primary suite from the secondary bedrooms
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