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28 N Washington Street

Knightstown, IN 46148

ActiveListed May 9, 2025 · 469 days on market

Key facts

Living area
7,872 sqft
Lot
0.103 acres
Year built
1900
Type
Commercial Sale · Mixed Use
MLS #
22037808
County
Henry
Total building area
7,872 sqft

About this home

Updated investment property that checks all the boxes. Fully occupied, five unit building in historic Knightstown. Charming finishes, location, and appeal. Original hardwood floors, tall ceilings, and exposed brick walls mix with modern plumbing and electrical throughout. Unit 24 houses Historic Knightstown Inc and includes a show room, kitchenette, bathroom and storage. Unit 26 exudes character and features a lobby, three private offices and washer/dryer connection. Unit 28A (2nd FL) is features 14' ceilings and two large/open rooms. Unit 28B (2nd FL) is a fully renovated two bedroom apartment with open floor plan. Unit 32 is also fully renovated commercial unit. Each unit features an updated bathroom. Tenant pays gas & electric (individually metered). Owner pays water.

Description provided by the listing brokerage.

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Utilities
Sep Electric MeterSep Gas Meter

Lot and HOA

Zoning
commercial

Schools

Elementary school
Knightstown Elementary School
High school
Knightstown High School
School district
C A Beard Memorial School Corp

Taxes

Estimated annual tax
$2,500 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,960per month, estimated
Principal and interest $1,638Property tax $208Insurance $114
20% · $65,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$325,000
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