Sold
Last Sold Price
38-40 E Main St, Pittsboro, IN 46167
Multi FamilyProperty Type
0.27 acresLot Size
1926Year Built

Description

38-40 e. Main, Pittsboro - current zoning general business. Used to be an insurance office now a duplex w/2 long term tenants (month to month leases). Front - 38 unit - 1 1/2 level- living room, kitchen, dining, full bath and laundry closet. Tenant owns washer/dryer. Spacious 1/2 level BR (12x28) could be 2 BR. Back 40 unit - one level - living room, eat-in kitchen, full bath and laundry closet. Seller owns washer/dryer in back unit. Separate meters for tenants to pay their own utilities. Seller...38-40 e. Main, Pittsboro - current zoning general business. Used to be an insurance office now a duplex w/2 long term tenants (month to month leases). Front - 38 unit - 1 1/2 level- living room, kitchen, dining, full bath and laundry closet. Tenant owns washer/dryer. Spacious 1/2 level BR (12x28) could be 2 BR. Back 40 unit - one level - living room, eat-in kitchen, full bath and laundry closet. Seller owns washer/dryer in back unit. Separate meters for tenants to pay their own utilities. Seller takes care of lawncare. 2 sheds ( 8x10 and 7x8.). Shared driveway. Spacious parking area and green space.
  • Listed by: Maria Ridenour 317.919.3868 mariaridenour9193868@gmail.com • Ridenour Real Estate Services,
Listing closed: 10/17/2025 12:00 AM • Source: MIBORMLS, MLS#: 22057178

Recent comparable sales

Median sold price

$288,000

Avg days on market

33

Sale-to-list ratio

86.5%

Pittsboro, IN

9 comparable properties found

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1/9
1

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Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres
$252,000 | 38-40 East Main Street, Unit 3840, Pittsboro, IN 46167
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Acres
$288,000 | 4910 US Highway 136, Pittsboro, IN 46167
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Square Feet
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Sold 08/21/25

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Bathrooms
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Square Feet
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Acres
$167,500 | Undisclosed Address, Pittsboro, IN 46167
1/3
9

$167,500

Sold 05/08/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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Acres

Location

Listing Courtesy of Ridenour Real Estate Services,

Sold By Ridenour Real Estate Services,

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Property Information for 38-40 East Main Street

Property Details
  • Taxes: $1,690 semi-annually
  • MLS Type: Residential Income / Duplex
  • Architectural Style: Traditional
  • Subdivision Name: No Subdivision
  • Township: Middle
  • Waterfront: No
  • Zoning: General Business
Building Information
  • Residences: 2
  • Year Built: 1926
  • Lot Size: 0.27 AC / 11,761 SF
Summary
Location and General Information
  • City: Pittsboro
  • County Or Parish: Hendricks
  • Directions: GPS Friendly
  • Postal Code: 46167
  • Road Access: See Remarks
  • Road Frontage Type: State Road, See Remarks
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 320706210014000019
  • Semi Annual Property Tax Amt: 1690
  • Tax Exemption: None
  • Tax Year: 2024
  • TaxLot: 0
  • Tax Block: 0
School Information
  • School District: North West Hendricks Schools
Owner
  • Owner Pays: Lawncare
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Current Use: Comm Mul Ten
  • Lot Description: Access, City Lot, Sidewalks, Storm Sewer, Mature Trees
  • Lot Size Square Feet: 11761.0
  • Lot Size Acres: 0.27
  • New Construction: False
  • Possible Use: See Remarks
  • Structure Type: FreeStand
  • Year Built Numeric: 1926
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • DPRYN: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: PT NW 1/4 6-16-1E .27 ac
  • Photos Count: 44
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Buyer Financing: Cash
Utilities
  • Building Utilities: Separate Gas Meter,Separate Sewer Meter,Sewer,Water
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Exterior Features: Storage Shed
  • Foundation Details: Crawl Space
  • Roof: Shingle
Interior Features
  • Basement YN: No
  • Cooling: Central Air
  • Heating: Forced Air
  • Levels: One and One Half
  • Additional Equipment: Smoke Alarm
  • Laundry Features: Laundry Closet
  • Multi Baths: 1
  • Multi Beds: 1
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: Guest Parking, Unpaved
Income & Expenses
  • Expenses: 0
  • Insurance Expenses SF: 1100
  • Gross Income: $16,620.00
Unit 1
  • Unit Kitchen: 8x10
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Heat Forced,Heat Hot Wtr
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 15x6
  • Unit Levels: 2
  • Unit Miscellaneous: Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Heat Forced,Heat Hot Wtr
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Insurance

Property History for 38-40 East Main Street

DateEvent & SourcePriceAppreciation
Oct 17, 2025

Sold

MIBORMLS #22057178

$252,000
Oct 3, 2025

Pending

MIBORMLS #22057178

Aug 17, 2025

Listed (Active)

MIBORMLS #22057178

$275,000
DateEvent & SourcePrice
10/17/2025

Sold

MIBORMLS #22057178

$252,000
10/03/2025

Pending

MIBORMLS #22057178

08/17/2025

Listed (Active)

MIBORMLS #22057178

$275,000

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

Public Records for 38-40 East Main Street

Taxable ValueLand$23,700Additions$133,500Total$157,200
Tax Record2023$3,249 ($271 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,878 SqFtAbove Grade Finished SqFt1,878 SqFtStories2Lot Size11,761 SqFtStyleSingle Family ResidenceYear Built1926Year Renovated1970CountyHENDRICKSAPN32-07-06-210-014.000-019

Schools near 38-40 East Main Street

This home is within North West Hendricks Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Pittsboro Primary School
PublicPK to 2

Pittsboro Elementary
Public3 to 5

Tri-West Middle School
Public6 to 8

Tri-West Senior 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 38-40 East Main Street, Pittsboro, IN 46167
$252,000
11,761
$252,000
1,878
11,761
$252,000
4
2
1,878
11,761
1
1
729
3,049
208
166,399
2,400
47,480

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 Ridenour Real Estate Services,

Based on information submitted to the MLS GRID as of 10/22/2025 07:03 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.