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3032 S State Road 235

Medora, IN 47260

ActiveListed Aug 30, 2026 · 2 days on market

Key facts

Beds
2
Baths
1 full
Living area
986 sqft
Lot
0.5 acres
Year built
1900
Type
Residential · Single Family Residence
Stories
One
Garage
4 spaces
MLS #
22123349
County
Jackson
Subdivision
No Subdivision

About this home

Affordable Bungalow with Huge Commercial-Style Pole Building Check out this two-bedroom, one-bath bungalow located just on the edge of town on a spacious half-acre lot. The home features a newer roof, covered front porch, gas furnace, and central air, and is currently rented, offering immediate rental income potential. The property also includes a one-car detached garage plus an impressive 40' x 60' pole building with 12-foot ceilings and 200-amp electrical service, making it ideal for a commercial business, workshop, equipment, or storage. An additional 14' x 40' rear bay provides plenty of room for RV storage or other large items. With the home currently occupied, the property is being sold subject to the tenant's rights. The possibilities are numerous: keep the renter and use the pole building for your business or personal storage, keep the renter and rent out the building, live in the home and use the building for your business, or create your own combination of residential and commercial use. All of this comes at an affordable price, making this a great opportunity for an investor, entrepreneur, owner-occupant, or anyone needing substantial storage or workspace.

Description provided by the listing brokerage.

Interior

Appliances
DryerGas Water HeaterElectric OvenWasherWater Heater
Interior features
Paddle FanEat-in Kitchen
Laundry
Laundry Room
Rooms
5
Main-level bedrooms
2

Exterior

Construction
Vinyl SidingBlock
Foundation
Block
Style
Bungalow
Parking and garage
DetachedGravelRV Access/ParkingGarage Faces Side
View
Trees/Woods
Other equipment
Satellite Dish

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Private

Lot and HOA

Lot features
Suburb

Schools

School district
Medora Community School Corp

Taxes

Estimated annual tax
$1,566 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,101per month, estimated
Principal and interest $907Property tax $131Insurance $63
20% · $36,000
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$180,000
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