$234,799

103B N Main St Farmland, IN 47340

$2,788
Closing credit¹
3 beds
2 full, 2 partial
0.05 acres
$57 / sqft
House

Property details

About 103B N Main St

Don’t miss this rare chance to own a beautifully maintained historic building located right on Main Street in the heart of Farmland, Indiana. This versatile, income-producing property offers the perfect blend of classic charm and modern functionality. The main floor features professional office space currently leased by Edward Jones, a nationally recognized investment firm, providing a steady and reliable income stream. Upstairs, you’ll find a stunning 3-bedroom, 2-bath loft apartment that boasts luxurious finishes, soaring ceilings, and gleaming hardwood floors throughout. Step outside to enjoy a private rooftop deck – a rare find in this area. Both units are fully leased with strong tenants in place. The office tenant pays $1,200/month and is under contract through August 31, 2026. The loft apartment is leased at $1,200/month through October 31, 2025. Even better – both tenants are responsible for their own utilities, making this a truly hands-off investment opportunity. The main level is 2,324 square feet and upper level is 1,817 square feet. Additional highlights include: Hardwood floors and tall ceilings throughout both levels HVAC system replaced in 2010 Roof replaced in 2011 Excellent visibility and location in a charming, walkable downtown area. Properties like this don’t come along often – especially ones that cash flow from day one.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air
Lot size0.05 Acres
Year built1890
MLS #202516093

Virtual tour

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 3
  • Exterior: Brick
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • List Price: $234,799
  • Price/SqFt: $56
  • Directions: GPS Friendly
  • Year Built: 1890
  • Lot Size: 0.05 Acres
  • MLS Number: 202516093
  • Office Name: Flesher Brothers Auctioneering and Real Estate Inc
  • Office Phone: (765) 716-8418
  • Listing Agent: Jerrett Flesher

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 12:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$234,799

103B N Main St

$2,788

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

Randolph Southern Elementary School

Public District KG-6

0.4 mi

3 Rebel Dr

6

Northeastern Elementary School

Public District PK-5

8.1 mi

534 W Wallace Rd

6

Willard Elementary School

Public District 3-5

8.8 mi

615 W South St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,253. The most common annual income of people living in Farmland, IN is between $35k-100k. The majority of families are married, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

32%
<35k
63%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
11%
Single, with Kids
37%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
37%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • DodgeDodge

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 103B N Main St

The listing price of 103B N Main St property is $234,799.

The property 103B N Main St is a house located in Farmland, Indiana, 47340.

Active Listing: 103B N Main St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 103B N Main St are: Randolph Southern Elementary School (GreatSchools Rating 5/10), Northeastern Elementary School (GreatSchools Rating 6/10), Willard Elementary School (GreatSchools Rating 6/10), Northeastern Middle School (GreatSchools Rating 7/10), Lee L Driver Middle School (GreatSchools Rating 3/10), Tri-Village Elementary School (GreatSchools Rating 6/10), Randolph Southern Jr-Sr High School (GreatSchools Rating 4/10), Northeastern High School (GreatSchools Rating 4/10), Winchester Community High School (GreatSchools Rating 5/10).

The property at 103B N Main St has 3 bedrooms and 2 full and 2 half bathrooms.

The year of construction for 103B N Main St is 1890.

This home is located at 103B N Main St in Farmland, IN and zip code 47355. This home, which was built in 1890, sits on a 0.05 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $234,799.

From Rocket Homes Real Estate and based on county public records data.

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