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314 E Barachel Lane

Greensburg, IN 47240

ActiveListed Oct 8, 2026 · 7 days on market

Key facts

Lot
0.48 acres
Year built
1959
Type
Residential Income · Duplex
MLS #
22131490
County
Decatur
Subdivision
No Subdivision

About this home

Investment opportunity available. This duplex is located behind A & W off Lincoln Street in Greensburg, within walking distance of various amenities. The total gross rent amounts to $2,800 per month. The building covers 3,298 square feet and is situated on nearly half an acre. One side contains 4 bedrooms, while the other has 2 bedrooms. It includes a substantial parking area. Recent updates include a new metal roof, a gas forced air furnace (2024), and a gas water heater (2025), along with a 200 AMP electric service. The property is zoned commercial, offering multiple possibilities for use. It can be maintained as a duplex or converted for office space, restaurant, or small business use.

Description provided by the listing brokerage.

Schools

Elementary school
Greensburg Elementary
Middle school
Greensburg Community Jr High
High school
Greensburg Community High School
School district
Greensburg Community Schools

Taxes

Estimated annual tax
$3,498 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,963per month, estimated
Principal and interest $1,563Property tax $292Insurance $109
20% · $62,000
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$310,000
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