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1240 Candlelite Drive

Greenfield, IN 46140

PendingListed Aug 28, 2026 · 8 days on market

Key facts

Lot
0.24 acres
Year built
1973
Type
Residential Income · Duplex
Stories
One
Garage
2 spaces
MLS #
22123030
County
Hancock
Subdivision
Candlelite Village

About this home

Rare investment opportunity in the Greenfield area! This duplex offers great cash-flow potential and would also be an excellent option for an owner-occupant looking to house hack by living in one unit while renting out the other. The main-level unit at 1240 has been completely renovated and features 3 bedrooms, 1.5 baths, new flooring, new cabinets and countertops, fresh paint, updated light fixtures, and a stainless steel refrigerator. The upper-level unit at 1240 1/2 features 2 bedrooms and 1 full bath and has also received several updates. Each unit includes a range, refrigerator, garbage disposal, laundry connections, and garage access with space for two vehicles, plus plenty of additional parking. With very few duplexes available in the Greenfield area, this is a great opportunity for an investor or someone looking to offset their housing costs with rental income. Plenty of upside and income potential.

Description provided by the listing brokerage.

Interior

Laundry
Connections All
Security
Smoke Detector(s)

Exterior

Exterior features
Fire Pit
Roof
Shingle
Construction
BrickVinyl Siding
Style
Traditional
Parking and garage
Attached

Systems

Heating
Forced Air
Cooling
Separate Meters

Lot and HOA

Lot features
Corner LotSidewalksStorm SewerStreet LightsMature Trees
Zoning
residential

Schools

School district
Greenfield-Central Com Schools

Taxes

Estimated annual tax
$1,594 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,481per month, estimated
Principal and interest $1,260Property tax $133Insurance $88
20% · $50,000
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$250,000
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