Listing courtesy of F.C. Tucker Fort Wayne · Listing agent: Tiffany Mote

Virtual tour
ActiveDuplex

316 N State Street

$150,000

$77.80 / sq ft

Est. $923/mo

Kendallville, IN 46755

Original price $160,000 · Price reduced on September 29, 2026

  • Basement
Bedrooms
3
Bathrooms
2.5
Living area
1,928 sq ft
Lot
0.28 ac
Year built
1931
Type
Duplex
Listed
August 8, 2026
MLS #
202632287

About this home

This charming Kendallville duplex is full of character, space, and possibilities! Situated in a convenient location near downtown, this R-2 zoned property offers two separate living spaces, making it a great option for an investor or someone looking to live in one unit while creating income potential with the other. The lower level is currently owner-occupied, while the upper unit has not been rented in several years and is ready for someone to make it their own. With a full basement, spacious layout, and plenty of opportunity to update and add value, this property has so much potential. Whether you're looking to expand your investment portfolio or take on a property you can truly make your own, this one is worth a look. Property is being sold AS-IS. Professional photos coming soon!

Monthly payment estimate

$923/mo

Principal & interest
$821
Property taxes
$58
Homeowners insurance
$44
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 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
Two
Stories
2
Total area
2,621 sq ft
Finished area above grade
1,928 sq ft
Unfinished area below grade
693 sq ft
Below grade total
693 sq ft
Bedrooms above grade
3
Basement
Full
Flooring
Carpet, Concrete, Laminate, Unfinished, Wood
Heating
Forced Air
Cooling
Wall Unit(s)
Amenities
Basement, Ceiling Fan, Fenced Yard, Off Street Parking, Storage, Water Heater Electric, Washer Hook-Up

Exterior & parking

Construction
Stone
Parking
Garage, Off Street, On Street
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.28 ac
Lot dimensions
78X158.6
Inside city limits
Yes
County
Noble County
Township
Wayne
Platted
Yes
Planned unit development
No
Directions
GPS will take you directly to home

Schools

Elementary school
North Side
Middle school
East Noble
High school
East Noble
School district
East Noble Schools

Taxes & terms

Annual taxes
$692
Tax year
2026
Listing terms
Cash, Conventional
Possession
November 30 2026
Parcel number
57-07-33-420-088.000-020

Utilities

Water
City
Sewer
Public Sewer
Gas provider
NIPSCO

Income & commercial

Units
2
Annual gross rent
$20,400
Net operating income
$15,208
Parking spaces
2
Pets allowed
No
Electric meters
1
Gas meters
1
Water meters
1
Water & sewer (annual)
$600
Electric (annual)
$1,800
Fuel (annual)
$1,500
Trash (annual)
$600

Location

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$150,000

3 beds · 2.5 baths