308 Winters Way

Carthage, IN 46115

$1,400,000
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

Rare opportunity to purchase a package of five duplexes (18 total units) in Carthage, Indiana for $1,400,000. Price includes each property is listed individually at $150,000 per duplex, $75,000 per unit. Must be sold by the duplex. Seller is looking to sell as a complete portfolio. Every duplex features two bedrooms and one full bathroom, 798 sqft, with an average rent of $800 per unit, providing solid cash flow and strong rental demand. The properties are professionally managed by Dudley Property...Rare opportunity to purchase a package of five duplexes (18 total units) in Carthage, Indiana for $1,400,000. Price includes each property is listed individually at $150,000 per duplex, $75,000 per unit. Must be sold by the duplex. Seller is looking to sell as a complete portfolio. Every duplex features two bedrooms and one full bathroom, 798 sqft, with an average rent of $800 per unit, providing solid cash flow and strong rental demand. The properties are professionally managed by Dudley Property Management out of Greenfield, making this a turnkey investment. Located in the quiet rural town of Carthage, tenants enjoy small-town living with the convenience of nearby Greenfield and Shelbyville for shopping, dining, and employment. This is a rare chance to add 10 doors to your portfolio with income-producing properties that are already leased and operating. Package includes: 207-209 Winters Way, 210-212 Winters Way, 211-213 Winters Way, 301-303 Winters Way, 302-304 Winters Way, 305-307 Winters Way, 306-308 Winters Way, 309-311 Winters Way, and 310-312 Winters Way.

Property Details for 308 Winters Way

Architectural Style
Ranch, Traditional
Subdivision Name
No Subdivision
Township
Ripley
Waterfront
No
LISTING UPDATED: 12/17/2025 07:43 AM

Property Details for 308 Winters Way

StatusActive
MLS #22058405
Days on Market10
Taxes$8,875 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1988
Lot Size0.31 AC / 13,503 SF
CountyRush County

Location

Listing Courtesy of Highgarden Real Estate
Add your commute

Building Information for 308 Winters Way

Stories-Residences18Year Built1988Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$8,397 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,918

Property Taxes

$1,479

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 308 Winters Way

Summary
Location and General Information
  • City: Carthage
  • County Or Parish: Rush
  • Directions: GPS Friendly
  • Postal Code: 46115
  • Road Access: Access Rd
  • Road Frontage Type: City Street
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 700219209006000009
  • Semi Annual Property Tax Amt: 8875
  • Tax Exemption: None
  • Tax Year: 2024
  • Additional Parcels Description: See Addendum Attached to BLC
  • TaxLot: 15
School Information
  • Elementary School: Knightstown Elementary School
  • High School: Knightstown High School
  • School District: C A Beard Memorial School Corp
Owner
  • Owner Pays: Ins Hazard, Insurance, Lawncare, Taxes
Parking
  • Carport Spaces: 0.0
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Current Use: Residential
  • Lot Description: Not In Subdivision
  • Lot Size Square Feet: 13634.0
  • Lot Size Acres: 0.31
  • New Construction: False
  • Structure Type: Duplex
  • Year Built Numeric: 1988
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: 009-67477-16 5th Street Sub Lot 15 700219209006000009
  • Photos Count: 81
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt, Gravel
  • Transaction Type: Sale
Utilities
  • Building Utilities: Sewer,Water
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Not Applicable
  • Foundation Details: Crawl Space
  • Roof: Shingle
Interior Features
  • Basement YN: No
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Levels: One
  • Additional Equipment: Smoke Alarm
  • Laundry Features: Connections All
  • Multi Baths: 18
  • Multi Beds: 35
Multi Family
Multi-Family Information
  • Total Units: 18
  • Garage Parking: On Street, Paved Area, Unpaved
Income & Expenses
  • Expenses: 32641
  • Net Operating Income: $113,478.00
  • Gross Income: $146,119.00
  • Gross Scheduled Income: $172,875.00
Unit 1
  • Unit Kitchen: 15x12
  • Unit Levels: 1
  • Unit Miscellaneous: Dishwasher,Eat In Kitchen,Lndry Conn,Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 15x12
  • Unit Levels: 1
  • Unit Miscellaneous: Dishwasher,Eat In Kitchen,Lndry Conn,Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities, Insurance

Property History for 308 Winters Way

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Listed (Active)

MIBORMLS #22058405

$1,400,000—
DateEvent & SourcePrice
12/08/2025

Listed (Active)

MIBORMLS #22058405

$1,400,000

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

Public Records for 308 Winters Way

Taxable ValueLand$20,100Additions$35,300Total$55,400
Tax Record2024$1,108 ($92 / month)
Home Facts
Baths2Total Finished SqFt1,512 SqFtAbove Grade Finished SqFt1,512 SqFtStories1Lot Size13,634 SqFtStyleDuplexYear Built1988CountyRUSHAPN70-02-19-209-006.000-009

Schools near 308 Winters Way

This home is within C A Beard Memorial School Corp.
Rating
School
Type
Grades
Distance
Knightstown Elementary School
Public - PK to 3
Knightstown Intermediate School
Public - 4 to 8
Knightstown High School
Public - 9 to 12
Rating
School
Distance
Knightstown Elementary School
PublicPK to 3

Knightstown Intermediate School
Public4 to 8

Knightstown 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.

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More information about 308 Winters Way, Carthage, IN 46115

308 Winters Way is a multi-family home for sale in Carthage, IN 46115. This property was listed for sale on December 8, 2025 by Highgarden Real Estate, it's currently listed at $1,400,000. This listing's school district is C A Beard Memorial School Corp. Nearby schools include Knightstown Elementary School, Knightstown Intermediate School and Knightstown High School. 308 Winters Way 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 Highgarden Real Estate

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/21/2025 11:57 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.