Residential Income

Bourbon, IN Residential Income Properties for Sale

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Argos, IN Warsaw, IN Tippecanoe, IN Plymouth, IN Mentone, IN Bremen, IN Nappanee, IN Claypool, IN
Mixed-Use Building with Apartments
Updated: Aug 10
Mixed-Use Building with Apartments

112 N Main Street, Bourbon, IN 46504

$210,000
4,667 sqft
4,667‑square‑foot mixed‑use building with retail or office storefront
Two one‑bedroom apartments, each with a full kitchen and full bath
Upper apartment features high ceilings and a Jacuzzi tub
Main‑level apartment has separate front and rear entrances and in‑unit laundry
Flooring, paint, electrical, and plumbing updated within the past five years
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1 active listing matches your search: Residential Income for sale in Bourbon, IN. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

13-Unit Apartment Building
13-Unit Apartment Building

952 Walnut Street, Nappanee, IN 46550

$1,200,000
12,022 sqft 0.65 AC lot

One-story multifamily property with one- and two-bedroom residences and updated building components.

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Updated Apartment Building
Updated Apartment Building

952 Walnut Street, Nappanee, IN 46550

$1,200,000
12,022 sqft

Multifamily property with large one- and two-bedroom units and a documented rental history.

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Executive Office Building with Apartment
Executive Office Building with Apartment

315 W Jefferson St, Plymouth, IN 46563

$229,900
1,408 sqft

Executive office building with a reception, conference room, private office, and an upstairs tenant-occupied apartment with separate entrance.

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159-Site Manufactured Housing Community
159-Site Manufactured Housing Community

1621 North Michigan Street, Plymouth, IN 46563

Contact for pricing
14.12 AC lot

The all-age community has city water and sewer, with utility costs billed to residents and electricity billed directly.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Horse Farm Acreage with Pond
Horse Farm Acreage with Pond

1825 & 1875 W Winona Avenue, Warsaw, IN 46580

$3,000,000
48.52 AC lot

Horse farm within city limits with a pond, two homes, and outbuildings plus off-street parking.

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Horse Farm Property with Pond
Horse Farm Property with Pond

1825 & 1875 W Winona Avenue, Warsaw, IN 46580

$3,000,000
3,097 sqft 48.52 AC lot

Horse farm within city limits featuring a pond, two homes, and multiple outbuildings including a pole building and sheds.

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229 Acres of Goshen Land
229 Acres of Goshen Land

60867 State Road 15, Goshen, IN 46528

$10,305,000
229.00 AC lot

229 acres of land in Goshen, Indiana, zoned M1.

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Agricultural Land with Road Access
Agricultural Land with Road Access

Indiana Ave County Road 1, Elkhart, IN 46517

$2,900,000
148.00 AC lot

Vacant farmland with sandy, well-drained soil and access from three roads.

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Bourbon, IN Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Bourbon, IN on our real estate platform. These investment opportunities span a total of 4,667 square feet of properties for sale, with an estimated market value of $210,000.

Sale prices for residential investment properties in Bourbon, IN average $210,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 3,391
Population Growth (5Y) -7.6%
Median Household Income $83,712
College Educated 18.7%

Taxes & Financing

Tax Rate (average for all types) 2.07%
Property Tax per SF $40.47 per SF
Tax Rate vs County Average 0.29 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marshall County

New Delisted

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