Active
4 beds3,770 sqft

109 S Walnut St, Rising Sun, IN 47040

Multi FamilyProperty Type
0.29 acresLot Size
1947Year Built
$63/sq ftPrice per sq ft
4 carsParking Spaces

Description

3 apartments and a separate rented 30X40 garage yield solid monthly income. Metal roof is only 10 years old. This is an attractive multi-family with clean tenants and well maintained units. Join this Rivertown within walking distance of the Ohio River and many activities. This is a golf cart community. All leases transfer with ownership.3 apartments and a separate rented 30X40 garage yield solid monthly income. Metal roof is only 10 years old. This is an attractive multi-family with clean tenants and well maintained units. Join this Rivertown within walking distance of the Ohio River and many activities. This is a golf cart community. All leases transfer with ownership.
Listing Agent
  1. Jay Knowles

    Jay Knowles

    Listing Agent

    Coldwell Banker Realty

    P: (812) 577-2712

    M: (812) 577-2712

21 days on Market
Last updated: 10/07/2026 02:38 PM • Source: Southeastern Indiana Board of REALTORS, MLS#: 208352

Location

Add your commute
Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,603 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,271

Property Taxes

$333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 109 South Walnut Street

Property Details

  • Taxes: $3,992 / year
  • MLS Type: Multi Family / Multi Fam 2-4 units
  • County: Ohio County
  • Zoning: Multi Family
  • Subdivision: Rising Sun
  • Parking Spaces: 4.00
  • Directions: SR 56 from Aurora to Main Street in Rising Sun. Turn right onto Walnut. Property is on the left.
  • Water Frontage: 0.0

Building Information

  • Residences: 3
  • Year Built: 1947
  • Lot Size: 0.29 AC / 12,540 SF

Summary

Location and General Information
  • County: Ohio
  • City: Rising Sun
  • State: IN
  • ZIP: 47040
  • Longitude: .00
  • Latitude: .00
  • Township: Randolph
Taxes and HOA
  • Other Tax Parcel ID: 0040802001028000
  • Semi-Annual Taxes: 1995.94
  • Tax Exemptions: None
  • Taxes(annual): $1,995.94
  • Parcel ID: 58-06-02-001-028.000-004
  • HOA Yes/No: No
  • Maintenance: 0.0
School Information
  • School District: Rising Sun - Ohio Co
  • School Name 1: Ohio County Elementa
  • School Name 2: Rising Sun High Scho
  • School Type 1: Elementary School
  • School Type 2: High School
Parking
  • Garage Dimensions: 32 X 40
  • Garage Spaces: 4.00
  • Garage Y/N: Yes
  • Garage: Rear, Garage Detached, With Electric
  • Driveway Type: Concrete
  • Easements: Public Record
  • Parking: Garage, Onstreet

Property

Lot Information
  • Acres: 0.2879
  • Above Grade Fin SF: 3770.0
  • Other Acres: 0.0
  • Tillable Acres: 0.0
  • Pastured Acres: 0.0
  • Wooded Acres: 0.0
  • Lot Dimensions: 66 X 190
  • Lot Measurement: SqFt
  • Lot Square Footage: 12540.0
  • Square Footage: 3770.0
  • Price Per Acre: $.00
  • Price Per Square Foot: $.00
  • Total Basement SF: 1885.0
  • Total Finished SF: 3770.0
  • Efficiency Rent: $.00
  • Efficiency Sq Ft: 0.0
  • Efficiency Units: 0
  • Foundation: Poured
  • Below Grade Fin SF: 0.0
  • Lot Number: 82
Property and Assessments
  • Property Subtype 1: Multi Fam 2-4 units
  • Property Type: Multi Family
  • Property Disclaimer: Information has not been verified, is not guaranteed and subject to change.
  • Picture Count: 19
  • Road Frontage: 0.0
  • Year Built: 1947
  • Property Description: Triplex
  • Auction: No
  • Age: 0
  • Construction: Brick, Vinyl Siding
  • Architecture: Traditional
  • Buildings: 1
  • Type of Home: Stick Built
  • FIPS Code: 115
  • MfgHomesAllowed Y/N: No
  • New Construction: No
  • Possession: At Closing, Tenant Rights
  • Through Payable Year: 0.0
  • Road Surface: Paved
  • Special Listing Cond: None
  • HERS Rating (RESNET): 0.0
  • Degree Complete: Existing Structure
  • Historical Dist Y/N: No
  • Validated: Yes
  • Vacancy: 0.0
Utilities
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Gas and Electric: 0.0
  • Gas Y/N: Yes
  • Gas: Natural
  • Sewer: Public Sewer
  • Waterfront Y/N: No
  • Water Source: Public
  • Separate Water/Sewer: No
  • Water and Sewer: 4800.0
  • Waste Removal: 0.0
  • Pond/Lake Y/N: No

Interior and Exterior Features

Exterior Features
  • Levels: Two
  • PUD Y/N: No
  • Lifestyle Community: Golf Cart
Interior Features
  • Fireplace: Inoperable
  • Fireplaces: 0
  • Roof: Metal
  • Basement: Partial
  • Basement Y/N: Yes
  • Water Heating: Gas
  • Unfinished Bsmnt SF: 0.0
  • Interior Walls: Drywall, Paneling, Plaster
  • Separate Air Condi: Yes
  • Cooling: Window Unit
  • Heating: Forced Air, Gas
  • Windows: Double Hung, Vinyl
  • Separate Furnace: Yes

Room Information

Bedroom Information
  • Bedrooms: 0
Bathrooms Information
  • Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Three Quarter Bathrooms: 0
Laundry Room
  • Laundry Type: Private

Multi Family

Multi-Family Information
  • Total Units: 3
  • 1-Bedroom Rent: $675.00
  • 1-Bedroom Sq Ft: 0.0
  • 1-Bedroom Units: 3
  • 2-Bedroom Rent: $800.00
  • 2-Bedroom Sq Ft: 0.0
  • 2-Bedroom Units: 0
  • 3+ Bedroom Rent: $800.00
  • 3+ Bedroom Sq Ft: 0.0
  • 3+ Bedroom Units: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Full Baths: 1
  • Unit 1 Part Baths: 0
  • Unit 1 Rooms: 4
  • Unit 1 Rent: $850.00
  • Unit 1 Assigned Prkg: 0
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Full Baths: 1
  • Unit 2 Part Bath: 0
  • Unit 2 Rooms: 3
  • Unit 2 Rent: $800.00
  • Unit 2 Assigned Prkg: 0
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Full Baths: 1
  • Unit 3 Part Baths: 0
  • Unit 3 Rooms: 3
  • Unit 3 Rent: $675.00
  • Unit 3 Assigned Prkg: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Bath: 0
  • Unit 4 Part Bath: 0
  • Unit 4 Rooms: 1
  • Unit 4 Rent: $250.00
  • Unit 4 Assigned Prkg: 4
Income & Expenses Information
  • Other Expense: $.00
  • Net Operating Income: $0
  • Gross Income: $0
  • Insurance: $.00

Rental

Rental Information
  • Lease Type: Net
  • Available for Lease: No
  • Tenant Pays: Cable TV, Electricity, Insurance, Interior Maintenance

Property History for 109 South Walnut Street

DateEvent & SourcePriceAppreciation
Sep 17, 2026

Listed (Active)

Southeastern Indiana Board of REALTORS #208352

$245,000—
Jan 17, 2022

Sold

Southeastern Indiana Board of REALTORS #194417

$175,000—
Jan 12, 2022

Sold (Public Record)

Public Record #1511006174

$175,000

+1.8% / yr

DateEvent & SourcePrice
09/17/2026

Listed (Active)

Southeastern Indiana Board of REALTORS #208352

$245,000
01/17/2022

Sold

Southeastern Indiana Board of REALTORS #194417

$175,000
01/12/2022

Sold (Public Record)

Public Record #1511006174

$175,000

+1.8% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

109 South Walnut Street

Baths

3

Total Finished SqFt

2,707 SqFt

Above Grade Finished SqFt

2,707 SqFt

Stories

2

Lot Size

12,540 SqFt

Style

Triplex

Schools near 109 South Walnut Street

This home is within Rising Sun-Ohio County Com.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Ohio County Elementary-Middle School
PublicPK to 5

Ohio County Middle School
Public6 to 8

Rising Sun High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

109 South Walnut Street is a multi-family home for sale in Rising Sun, IN 47040. This property was listed for sale on September 17, 2026 by Coldwell Banker Realty, it's currently listed at $238,000. It has been on the market for a total of 21 days and was last sold on January 17, 2022. This listing's school district is Rising Sun-Ohio County Com. Nearby schools include Ohio County Elementary-Middle School, Ohio County Middle School and Rising Sun High School. 109 South Walnut Street is a 4-bed, 0-bath, 3,770 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.