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404-406 E College Street

Bainbridge, IN 46105

ActiveListed Aug 9, 2026 · 64 days on market

Key facts

Lot
0.42 acres
Year built
2026
Type
Residential Income · Duplex
Stories
One
Garage
32 spaces
MLS #
22119159
County
Putnam
Subdivision
Northfield
New construction
Yes

About this home

Opportunities like this are incredibly rare. Whether you are looking for multi-generational housing, or you are an investor seeking a premium, low-overhead rental package, these two brand-new homes deliver unmatched value. Because both properties are constructed entirely of high-grade metal, they are virtually maintenance-free. You can say goodbye to painting, siding repairs, and exterior rot, allowing you to maximize your passive income or enjoy your weekends stress-free. Inside each home, you will find an expansive, bright, open-concept layout designed with beautiful, nicer finishes. The chef-inspired kitchens boast stunning quartz countertops, while premium luxury vinyl plank flooring flows flawlessly through every single room. Both layouts feature three spacious bedrooms, two bathrooms, and an attached garage for secure parking and extra storage. Nestled in a wonderful neighborhood, this package deal is a smart, future-proof investment. Buy both, live in one, cash-flow the other, or secure a beautiful compound for multi-generational living.

Description provided by the listing brokerage.

Interior

Laundry
Connections AllMain LevelLaundry Room
Security
Fire Alarm
Condition
New Construction

Exterior

Roof
Metal
Style
Traditional
Parking and garage
ConcreteAttachedGarage Door Opener

Systems

Heating
Forced AirHeat Pump
Cooling
Central AirHeat Pump

Schools

Elementary school
Bainbridge Elementary School
Middle school
North Putnam Middle School
High school
North Putnam Sr High School
School district
North Putnam Community Schools

Taxes

Estimated annual tax
$800 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,112per month, estimated
Principal and interest $2,848Property tax $67Insurance $198
20% · $113,000
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$565,000
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