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112 /114 E Washington Street

Greensburg, IN 47240

ActiveListed Nov 14, 2025 · 181 days on market

Key facts

Living area
4,420 sqft
Lot
0.15 acres
Year built
1925
Type
Commercial Sale · Retail
MLS #
22072771
County
Decatur
Total building area
4,420 sqft

About this home

INVESTMENT OPPORTUNITY located on the square in the heart of the Historic town of Greensburg. Art on the Square and This & That are the two businesses on the main level. There are 4- 1 Bedroom 1 Bath apartments on the upper level. One tenant has been there many years, also Art on the Square has been there many years. The town square offers a variety of eateries, as well as, quaint shops and services. $48,600 yr gross rental income. $3,863 yr for common electric & trash dumpster. Parking in rear. Common outside space in rear. Tenants pay Electric & Water-Sewer-metered separately. There is coin laundry that is in the process of getting repaired and would bring in 100-150/m.

Description provided by the listing brokerage.

Exterior

Parking and garage
Alley Access

Systems

Cooling
Separate Meters
Utilities
Electricity ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
Commercial

Schools

Elementary school
Greensburg Elementary
Middle school
Greensburg Community Jr High
High school
Greensburg Community High School
School district
Greensburg Community Schools

Taxes

Estimated annual tax
$4,427 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,121per month, estimated
Principal and interest $1,638Property tax $369Insurance $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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