324 South Main Street

Closed 8/11/26
Closed 8/11/26
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Sold
Last Sold Price
$515,000
6 beds4,286 sqft$120/sqft
324 S Main St, Crown Point, IN 46307
Multi FamilyProperty Type
0.25 acresLot Size
1890Year Built
$120/sq ftPrice per sq ft

Description

4-unit investment opportunity in the heart of downtown Crown Point offering immediate income with clear upside potential. The property features a unit mix of two 2-bedroom units and two 1-bedroom units, each with separate entrances for added privacy and flexibility. Two units have been updated with improvements including flooring, lighting, paint, and bathroom finishes, while the remaining two units are in solid condition with room for additional updates and increased rents. Tenants benefit from...4-unit investment opportunity in the heart of downtown Crown Point offering immediate income with clear upside potential. The property features a unit mix of two 2-bedroom units and two 1-bedroom units, each with separate entrances for added privacy and flexibility. Two units have been updated with improvements including flooring, lighting, paint, and bathroom finishes, while the remaining two units are in solid condition with room for additional updates and increased rents. Tenants benefit from off-street parking with eight dedicated spaces located on a low-traffic side street, as well as walkability to restaurants, shops, and amenities just a few blocks away. Situated on a corner lot in a highly desirable downtown location with strong rental demand and access to Crown Point schools. Owner currently covers water, sewage, trash, and heat, with tenants responsible for electric and cooking gas, offering an opportunity to further optimize expenses. All units are currently on month-to-month leases, providing flexibility for investors to adjust rents or for an owner-occupant to occupy a unit.
  • Listed by: Drake Phillips 219.805.1993 drakephillipsrealty@gmail.com • Better Homes and Gardens Real
  • Listed by: Benjamin Smith 219.986.0260 benjaminsmithrealty@gmail.com • Better Homes and Gardens Real
Listing closed: 08/11/2026 12:00 AM • Source: Northwest Indiana REALTORS® Association as distributed by MLS GRID, MLS#: 837843
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Principal and Interest

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Property Taxes

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Property Information for 324 South Main Street

Property Details
  • Taxes: $3,844 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Lake County
  • Subdivision: Crown Point
  • Pets Allowed: Size Limit
  • OriginalListPrice: $569,900.00
  • NRA_DelayedMarketingYN: No
  • NRA_ExemptionYN: Yes
  • SpecialListingConditions: Agent Owned
  • NRA_AuctionYN: No
  • TaxAssessedValue: $349,900.00
  • NRA_EarnestMoneyDeposit: $5,500.00
Building Information
  • Residences: 4
  • Year Built: 1890
  • Lot Size: 0.25 AC / 10,920 SF
Summary
Location and General Information
  • Directions: Main St southbound to East corner of School Ct and Main.
  • City/Town: Crown Point
  • State: IN
  • Township: Center
  • ZIP: 46307
  • Latitude: 41.41
  • Longitude: -87.36
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $3,844.00
  • APN/Key #: 451608253004000042
  • Tax Year: 2024
  • Tax Legal Description: ORIG. TOWN OF CROWN POINT W1/2 OF LOT 44
Parking
  • Garage Description: Concrete, Off Street, On Street
Property
Lot Information
  • Lot Square Footage: 10,920.00
  • Total Sq. Ft.: 4286.0
  • Square Footage Source: Assessor
  • Acres: .25
  • LotSizeSource: Assessor
  • WaterfrontYN: No
  • AboveGradeFinishedArea: 4286.0
  • ParkingTotal: 8
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Year Built: 1890
  • Lot Description: Back Yard, Front Yard, Corner Lot
  • AdditionalParcelsYN: No
  • NewConstructionYN: No
  • GarageYN: No
  • AssociationYN: No
Utilities
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • WaterSource: Public
Interior and Exterior Features
Exterior Features
  • Levels: Two
  • NRA_AccessibilityFeaturesYN: No
  • PatioAndPorchFeatures: Deck
  • PoolFeatures: None
Interior Features
  • Appliances: Dryer, Washer, Refrigerator, Gas Water Heater, Gas Range
  • Basement Type: Bath/Stubbed, Unfinished
  • Basement: Yes
  • Total Full Baths: 4
  • Total Baths: 4
  • Bedrooms: 6
  • Cooling: Individual Units
  • Total # Fireplaces: 1
  • Flooring: Carpet, Tile, Laminate, Hardwood
  • Heat Type: Natural Gas, Common
  • Interior Features: Ceiling Fan(s), Entrance Foyer, Crown Molding
  • Roof: Other, Shingle
  • Total # of Rooms: 15
  • FireplaceYN: Yes
  • FireplaceFeatures: Living Room
  • LaundryFeatures: Lower Level, Laundry Room
  • SecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
Multi Family
Multi-Family Information
  • # of Units: 4
Rental
Rental Information
  • TenantPays: See Remarks
  • LeaseConsideredYN: No
  • OwnerPays: See Remarks

Property History for 324 South Main Street

DateEvent & SourcePriceAppreciation
Aug 11, 2026

Sold (Public Record)

Public Record #1947330374

$494,142

+6.5% / yr

Aug 11, 2026

Sold

Northwest Indiana REALTORS® Association #837843

$515,000—
Jun 30, 2026

Pending

Northwest Indiana REALTORS® Association #837843

—
DateEvent & SourcePrice
08/11/2026

Sold (Public Record)

Public Record #1947330374

$494,142

+6.5% / yr

08/11/2026

Sold

Northwest Indiana REALTORS® Association #837843

$515,000
06/30/2026

Pending

Northwest Indiana REALTORS® Association #837843

—

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

Public Records for 324 South Main Street

Taxable ValueLand$61,600Additions$313,400Total$375,000
Tax Record2024$7,143 ($595 / month)
Home Facts
Baths4Total Finished SqFt3,066 SqFtAbove Grade Finished SqFt3,066 SqFtStories2Lot Size10,920 SqFtStyleDuplexYear Built1890Year Renovated1980CountyLAKEAPN45-16-08-253-004.000-042

Schools near 324 South Main Street

This home is within Crown Point Community Sch Corp.
Rating
School
Type
Grades
Distance
Solon Robinson Elementary School
Public - K to 5
Robert Taft Middle School
Public - 6 to 8
Crown Point High School
Public - 9 to 12
Trinity Lutheran School
Private - PK to 8
Rating
School
Distance
Solon Robinson Elementary School
PublicK to 5

Robert Taft Middle School
Public6 to 8

Crown Point High School
Public9 to 12

Trinity Lutheran School
PrivatePK to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 324 South Main Street, Crown Point, IN 46307
$515,000
6
4,286
10,920
326 South Main Street, Crown Point, IN 46307
–
6
3,547
11,020
180 East School Court, Crown Point, IN 46307
–
2
2
1,275
7,320
321 South East Street, Crown Point, IN 46307
–
3
2
2,103
7,920
308 South Main Street, Crown Point, IN 46307
–
4
2,016
10,920
317 South Main Street, Crown Point, IN 46307
–
4
2
2,866
9,720

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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.

Listing Courtesy of Better Homes and Gardens Real

Based on information submitted to the MLS GRID as of 08/11/2026 04:40 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.