220 S Walnut St

Atlanta, IN 46031

$551,998
Price
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Beds
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Baths
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Sq. Ft.
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per Sq. Ft.

Description

This well-maintained triplex property at 220 S Walnut St offers a strong investment opportunity in the quiet, rental-friendly town of Atlanta, Indiana. Each unit in this ranch-style triplex features 2 bedrooms and 1 bathroom, providing comfortable living space for tenants and a solid cash flow opportunity for investors. Each unit includes spacious layouts, updated flooring, and full kitchens with appliances. Tenants enjoy ample off-street parking, private entrances, and a low-maintenance exterior...This well-maintained triplex property at 220 S Walnut St offers a strong investment opportunity in the quiet, rental-friendly town of Atlanta, Indiana. Each unit in this ranch-style triplex features 2 bedrooms and 1 bathroom, providing comfortable living space for tenants and a solid cash flow opportunity for investors. Each unit includes spacious layouts, updated flooring, and full kitchens with appliances. Tenants enjoy ample off-street parking, private entrances, and a low-maintenance exterior with vinyl siding and newer windows. The property's layout and condition make it attractive to long-term renters looking for space and affordability-without sacrificing comfort. Whether you're expanding your portfolio or looking for a first multifamily investment, 220 S Walnut St delivers reliable income, long-term upside, and ease of management in a stable rental market. This purchase includes BLC #22052877 and BLC #22052890 for a total of two properties containing 5 rental units.
  1. Listed by Kristopher Elliott • Booker Realty

Property Details for 220 South Walnut Street

Architectural Style
Ranch
Subdivision Name
No Subdivision
Township
Jackson
LISTING UPDATED: 10/02/2025 06:27 PM

Property Details for 220 South Walnut Street

StatusActive
MLS #22052890
Days on Market145
Taxes$1,261 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1988
Lot Size0.21 AC / 9,147 SF
CountyHamilton County

Location

Listing Courtesy of Booker Realty
Add your commute

Building Information for 220 South Walnut Street

Stories-Residences3Year Built1988Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$2,938 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,728

Property Taxes

$210

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 220 South Walnut Street

Summary
Location and General Information
  • City: Atlanta
  • County Or Parish: Hamilton
  • Directions: GPS Friendly
  • Postal Code: 46031
  • Postal Code Plus4: 9642
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 290201111008002010
  • Semi Annual Property Tax Amt: 1261
  • Tax Year: 2024
  • Additional Parcels Description: 290201111008004010
  • TaxLot: 1
  • Tax Block: 1
School Information
  • School District: Hamilton Heights School Corp
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Mature Trees, Trees-Small (Under 20 Ft)
  • Lot Size Square Feet: 9148.0
  • Lot Size Acres: 0.21
  • New Construction: False
  • Structure Type: Triplex
  • Year Built Numeric: 1988
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Acreage .21, Section 1, Township 20, Range 4
  • Photos Count: 5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
  • Fencing: Partial
Interior Features
  • Basement YN: No
  • Cooling: Window Unit(s)
  • Heating: Electric, Baseboard
  • Levels: One
  • Laundry Features: Connections All
Multi Family
Multi-Family Information
  • Total Units: 3
  • Garage Parking: Parking Lot
Income & Expenses
  • Expenses: 4514
  • Gross Income: $25,143.00
Unit 1
  • Unit Kitchen: 12x12
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wall Unit,Heat Base Bd
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 12x12
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wall Unit,Heat Base Bd
  • Unit Type Type: 2 Bedroom
Unit 3
  • Unit Kitchen: 12x12
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wall Unit,Heat Base Bd
  • Unit Type Type: 2 Bedroom

Property History for 220 South Walnut Street

DateEvent & SourcePriceAppreciation
Jul 28, 2025

Listed (Active)

MIBORMLS #22052890

$551,998—
Mar 17, 2017

Sold (Public Record)

Public Record #603172436

$101,900—
Mar 17, 2017

Sold

MIBORMLS #21451903

$101,900—
Feb 15, 2017

Pending

MIBORMLS #21451903

—
Nov 3, 2016

Listed (Active)

MIBORMLS #21451903

$119,900—
DateEvent & SourcePrice
07/28/2025

Listed (Active)

MIBORMLS #22052890

$551,998
03/17/2017

Sold (Public Record)

Public Record #603172436

$101,900
03/17/2017

Sold

MIBORMLS #21451903

$101,900
02/15/2017

Pending

MIBORMLS #21451903

—
11/03/2016

Listed (Active)

MIBORMLS #21451903

$119,900

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

Public Records for 220 South Walnut Street

Taxable ValueLand$45,100Additions$76,300Total$121,400
Tax Record2024$2,478 ($206 / month)
Home Facts
Beds2Baths1Total Finished SqFt2,050 SqFtAbove Grade Finished SqFt2,050 SqFtStories1Lot Size9,148 SqFtStyleCondominiumYear Built1988CountyHAMILTONAPN29-02-01-111-008.002-010

Schools near 220 South Walnut Street

This home is within Hamilton Heights School Corp.
Rating
School
Type
Grades
Distance
Hamilton Heights Elementary School
Public - PK to 4
Hamilton Heights Middle School
Public - 5 to 8
Hamilton Heights High School
Public - 9 to 12
Hamilton Heights Primary School
Public - PK to 3
Rating
School
Distance
Hamilton Heights Elementary School
PublicPK to 4

Hamilton Heights Middle School
Public5 to 8

Hamilton Heights High School
Public9 to 12

Hamilton Heights Primary School
PublicPK to 3

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.

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More information about 220 South Walnut Street, Atlanta, IN 46031

220 South Walnut Street is a multi-family home for sale in Atlanta, IN 46031. This property was listed for sale on July 28, 2025 by Booker Realty, it's currently listed at $551,998. It has been on the market for a total of 145 days and was last sold on March 17, 2017. This listing's school district is Hamilton Heights School Corp. Nearby schools include Hamilton Heights Elementary School, Hamilton Heights Middle School and Hamilton Heights High School. 220 South Walnut Street is a 0-bed, 0-bath, multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Booker Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/20/2025 03:28 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.