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Listed price in listed location currency (USD).
$225,000

320

MLS® 22082217

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1716 sqft
Garage No
Taxes 
Days Active 3
Lot Size 0.5 acres
Approx. Age 1940
Avg. Price Per Sqft $131
MLS® Number 22082217

Property Address: 401 W 3rd St, Sheridan, IN, 46069-1053

Average square foot calculated using Size range provided by listing agent.

Description

Unique Real Estate Opportunity with Two Single-Family Dwellings on One Parcel! Welcome to a rare and versatile property offering two detached single-family homes on one parcel of land, presenting endless possibilities for homeowners and investors alike. The primary residence is a spacious 3-bedroom, 2-bath home filled with character and charm. Inside, you'll find beautiful original hardwood floors, generous living spaces, and the convenience of one bedroom located on the main level. Step outside to a large, private backyard, perfect for hosting gatherings, relaxing outdoors, or simply enjoying the surrounding natural beauty. Just steps away, the second detached dwelling offers incredible flexibility. This 1-bedroom, 1-bath home features an upper loft that can easily be used as an additional bedroom, home office, library, or entertainment space. Ideal as a guest house, in-law suite, or private retreat, it remains close enough for convenience while still offering independence. For investors, this property shines. With separate entrances and detached layouts, both homes can be utilized as income-producing units. Whether you're looking to rent both dwellings, explore short-term rental opportunities, or live in one while renting or Airbnb-ing the other, this setup offers an excellent path to owner-occupied investing. The possibilities are truly endless-a unique property that combines flexibility, charm, and income potential all in one. Schedule your showing today as this property won't last long!
MLS® Number22082217
Laundry Level
Central VacNo
FireplaceNo
Acreage0.5
Exterior
GarageNo
Approx. Age1940
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Living Room:Main Floor15 × 10 ft
Kitchen:Main Floor10 × 10 ft
Bedroom 3:Upper Level11 × 11 ft
Bedroom 2:Main Floor10 × 8 ft
Other:Upper Level12 × 11 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 31, 2026List Date
$225,000List Price

Home Appraisal

This property is estimated to sell between: $225,000 and $268,000.
Similar properties in this area sold on average for: $253,271
Expected to sell in 52 days. Similar properties sold in 55 days. This home has been on eXp Realty for 3 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
401 W 3 Rd St, Sheridan, IN

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