Skip to content

735 W 200 Road S

Columbus, IN 47201

PendingListed Sep 24, 2026 · 1 day on market

Key facts

Lot
1 acres
Year built
1915
Type
Residential Income · Triplex
MLS #
22128125
County
Bartholomew
Subdivision
No Subdivision

About this home

A rare multi-unit rehab opportunity on 1 acre, this property features a 1915 single family farmhouse plus a duplex, built in 1968, offering strong income potential for investors or owner/ occupants. The main home and both duplex units are mostly stripped and ready for renovation, giving buyers the chance to design and update to their own standards. With three rentable dwellings on one parcel, the setup is ideal for maximizing cash flow or living in one unit while leasing the others. A huge carport and a solid shop area add valuable functionality for storage, hobbies, or contractor use. Located in Columbus Township, the property provides a rural lifestyle with flexible use options. Being sold as-is. This is a great chance to build equity and create a customized income-producing property.

Description provided by the listing brokerage.

Exterior

Parking and garage
CarportAttached

Schools

Elementary school
Southside Elementary School
Middle school
Central Middle School
High school
Columbus North High School
School district
Bartholomew Con School Corp

Taxes

Estimated annual tax
$2,280 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,483per month, estimated
Principal and interest $1,209Property tax $190Insurance $84
20% · $47,980
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.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$239,900
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.