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105 W Colonial Street

Kempton, IN 46049

ActiveListed Aug 28, 2026 · 29 days on market

Key facts

Beds
1
Baths
1 full
Living area
704 sqft
Lot
0.2 acres
Year built
1940
Type
Residential · Single Family Residence
Stories
One
MLS #
22122475
County
Tipton
Subdivision
No Subdivision

About this home

Unique small-town property with residential potential in Kempton! This versatile property is currently operating as a convenience store and is located in a central small-town setting, offering an opportunity for someone looking to create a unique home or investment property. While the property is currently used as a commercial space, it offers the potential to be transformed into a residential residence, subject to applicable zoning and approvals. The existing layout provides a flexible starting point for a variety of possibilities. Whether you're looking to continue the current commercial use, create a live/work property, or explore a residential conversion, 105 W. Colonial St. offers the opportunity to bring your vision to life. With its central location and adaptable space, this property is ready for someone with a vision to make it their own. Bring your ideas and explore the possibilities this unique Kempton property has to offer!

Description provided by the listing brokerage.

Interior

Interior features
Supplemental StorageWoodWorkStain/Painted
Laundry
No Laundry Facil.
Rooms
1
Main-level bedrooms
1

Exterior

Construction
BrickBlock
Foundation
Crawl Space
Style
ContemporaryMid-Century Modern

Systems

Heating
ElectricHeat Pump
Cooling
Heat Pump
Water
Public

Lot and HOA

Lot features
Corner Lot

Schools

Elementary school
Tipton Elementary School
Middle school
Tipton Middle School
High school
Tipton High School
School district
Tipton Community School Corp

Taxes

Estimated annual tax
$498 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,254per month, estimated
Principal and interest $1,134Property tax $42Insurance $79
20% · $45,000
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$225,000
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