Skip to content

20 N Washington Street

Knightstown, IN 46148

ActiveListed Oct 8, 2026 · 1 day on market

Key facts

Living area
3,728 sqft
Lot
0.07 acres
Year built
1900
Type
Commercial Sale · Mixed Use
MLS #
22130297
County
Henry
Total building area
3,728 sqft

About this home

For Sale or Lease. Rare Mixed-Use Investment Opportunity in Historic Downtown Knightstown! This exceptional property offers a unique opportunity to own a substantial portion of the community square in the heart of historic Knightstown. The property features two commercial spaces on the main level, currently combined and operating as a state-of-the-art, turnkey restaurant with equipment and an established restaurant operation in place. The upper level includes two separate apartments, providing additional rental income and creating an attractive mix of commercial and residential uses. Each unit is equipped with its own HVAC system, providing independent climate control for added convenience and flexibility. The historic building has benefited from multiple updates and improvements and is ready for continued commercial and residential use. Whether you're looking to expand an existing business, operate a restaurant while generating residential rental income, or add a distinctive mixed-use property to your investment portfolio, this property offers versatility and strong potential. Opportunities to acquire a property of this size and location on the historic Knightstown community square are rare. Don't miss your chance to own a piece of downtown Knightstown with multiple income-producing possibilities.

Description provided by the listing brokerage.

Exterior

Roof
Rolled/Hot MopRubber
Parking and garage
On Street
Other equipment
Security SystemSmoke Alarm

Systems

Heating
Forced AirGasHeat Pump
Cooling
Central AirHeat Pump
Utilities
Cable ConnectedElectricity ConnectedWater Connected

Lot and HOA

Zoning
commercial

Schools

Elementary school
Knightstown Elementary School
High school
Knightstown High School
School district
C A Beard Memorial School Corp

Taxes

Estimated annual tax
$5,830 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,534per month, estimated
Principal and interest $1,915Property tax $486Insurance $133
20% · $76,000
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.

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$380,000
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.