Listing courtesy of Williams Carpenter Realtors · Listing agent: Natasha Johns
22 W Main Street
Medora, IN 47260
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 3,325 sq ft
- Lot
- 0.26 ac
- Year built
- 1928
- Type
- Site-Built Home
- Listed
- July 28, 2026
- MLS #
- 202630510
About this home
VERSATILE. SPACIOUS. FUNCTIONAL. Exceptional three-unit mixed-use investment opportunity featuring a café, a spacious three-bedroom apartment, and a studio apartment, all offered together for one price. Two of the three units currently have tenants, providing an opportunity for existing rental income while offering additional flexibility with the café space. The main-level café features a spacious dining area, a separate commercial kitchen, a restroom, and plenty of storage, providing a functional layout for continued restaurant or café operations. Whether you're looking to continue the current business or introduce a new concept, this space offers excellent potential. The three-bedroom, one-bath apartment provides comfortable living accommodations with a spacious layout. Step inside to a bright living room, creating a welcoming atmosphere. To the right, you'll find the kitchen and laundry area, while straight ahead is one bedroom. To the left are two additional bedrooms and a full bathroom. The apartment also features a fenced-in front yard, offering a private outdoor space to enjoy. Also included is a spacious studio apartment filled with natural light. The studio features a well-designed open living area, a kitchen with ample cabinet storage, and a bathroom with a stand-up shower, making it ideal for rental income, owner occupancy, or guest accommodations. Some of the most recent updates include a fire suppression system installed in the kitchen, all new electrical completed in 2021, all new plumbing completed in 2021, and new flooring. Additional improvements include sealed concrete and brick. Utilities are provided by Duke, Midwest Natural Gas, and Town of Medora Water. With three distinct units under one price, two currently occupied by tenants, this property offers flexibility for investors and entrepreneurs alike. Whether you're looking to generate multiple income streams, operate a business while collecting residential rental income, or explore the possibilities of the individual spaces, this unique property offers plenty of potential.
Monthly payment estimate
$1,794/mo
- Principal & interest
- $1,505
- Property taxes
- $209
- Homeowners insurance
- $80
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Get pre-approved
Know your real budget before you tour, and make a stronger offer. We'll connect you with a local lender.
Property details
Interior
- Levels
- One
- Total rooms
- 10
- Total area
- 3,325 sq ft
- Finished area above grade
- 3,325 sq ft
- Bedrooms above grade
- 3
- Full baths, main level
- 3
- Basement
- Crawl Space
- Flooring
- Concrete, Laminate
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Laundry
- Main Level
- Interior features
- Ceiling Fan(s), Countertops-Laminate, Main Floor Laundry
Exterior & parking
- Construction
- Brick
- Roof
- Shingle
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Landscaped, Irregular Lot
- Lot size (acres)
- 0.26 ac
- Lot dimensions
- 80 x 142
- Location type
- City/Town/Suburb
- County
- Jackson County
- Township
- Carr
- Platted
- Yes
- Planned unit development
- No
- Directions
- Take Hwy 50 E. Turn R onto Rd 235. R onto E Second St, L onto Perry St. Property on the right.
Schools
- Elementary school
- Medora
- Middle school
- Medora
- High school
- Medora
- School district
- Medora Community School Corp.
Taxes & terms
- Annual taxes
- $2,502
- Tax exemptions
- No Exemptions
- Listing terms
- Conventional
- Possession
- 30 days after closing
- Parcel number
- 36-53-34-104-071.000-004
Included in the sale
- Included in sale
- Refrigerator,Cooktop-Electric,Oven-Electric
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available
- Electric provider
- Duke Energy Indiana
- Gas provider
- Midwest Natural Gas Corp