Entity Owned Property summary
This exceptional investment opportunity presents a well-maintained, three-unit multifamily property located at 507 & 505 S Grant Avenue in Fowler, Indiana, the county seat of Benton County. The property, built in 1900, boasts a total of 4,126 square feet on a spacious 0.39-acre lot (100' x 180'). The building features two fully occupied, one-bedroom, one-bathroom residential apartments upstairs, generating immediate rental income. Adding to its versatility, the property also includes a fully… equipped bar and restaurant with a three-way liquor license and carry-out privileges. The restaurant area comfortably seats 100 patrons. Recent upgrades include a new roof, upgraded electrical service, a new central air/furnace system, and new carpeting. The extensive commercial kitchen equipment includes a six-burner commercial stove, fire suppression system, flat grill, charbroiler, convection oven, fryers, slicer, multiple refrigerators and freezers, walk-in freezer and refrigerator, bar equipment (including a keg cooler with three lines and soda dispensing system), prep and work tables, dining tables and chairs, barstools, and a sound system. Additional features include a 22-kilowatt emergency generator, a fenced backyard with storage sheds, and a separate fenced dumpster area. This turnkey operation offers a rare blend of residential and commercial income streams, making it an attractive investment opportunity. The asking price is $295,000, with a price per square foot of $71.50. The property's APN is 040815331012000004.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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