Listing courtesy of Williams Carpenter Realtors · Listing agent: Natasha Johns

Virtual tour
ActiveSite-Built Home

22 W Main Street

$275,000

$82.71 / sq ft

Est. $1,794/mo

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
Your loan

  • 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.
Change taxes, insurance and more in the full calculator

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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

Location

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$275,000

3 beds · 3 baths