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48-50 1/2 E Main Street

Mooresville, IN 46158

ActiveListed May 8, 2026 · 41 days on market

Key facts

Lot
0.22 acres
Year built
1880
Type
Residential Income · Quadruplex
Stories
One
MLS #
22100152
County
Morgan
Subdivision
No Subdivision

About this home

Fully Occupied & Stabilized 4-Unit Investment Opportunity in Mooresville! Unit Mix: Four 1 Bed / 1 Bath units Appraised at $300K Occupancy: 100% occupied - $1000, $1000, $900, $875 Utilities: Separately metered: landlord only pays sewer and water Exterior & Grounds: Low-maintenance vinyl siding, storage shed, corner lot, and dedicated tenant parking Location: Minutes from downtown Mooresville, schools, dining, and commuter routes

Description provided by the listing brokerage.

Interior

Laundry
No Laundry Facil.
Security
Smoke Detector(s)
Condition
Updated/Remodeled

Exterior

Exterior features
Storage Shed
Roof
Shingle
Construction
Vinyl Siding
Foundation
Crawl Space
Style
Traditional
Parking and garage
Alley Access

Systems

Heating
Wall Furnace
Cooling
Window Unit(s)

Schools

Elementary school
Newby Memorial Elementary School
Middle school
Paul Hadley Middle School
High school
Mooresville High School
School district
Mooresville Con School Corp

Taxes

Estimated annual tax
$2,912 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,731per month, estimated
Principal and interest $1,391Property tax $243Insurance $97
20% · $55,200
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$276,000
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