Active
409 Waynetown Rd, Crawfordsville, IN 47933
Est: $1,482/moGet pre-approved
Multi FamilyProperty Type
0.53 acresLot Size
1964Year Built

Description

Investor opportunity! Add a four-unit income-producing property to your portfolio with $2900 in current monthly rental income, or $34,800 annually. Priced at $249,900, this Crawfordsville fourplex offers multiple revenue streams, four separate apartments, and additional storage that adds value for both the owner and tenants. The property includes two 1-bedroom apartments plus larger 2- and 3-bedroom units, providing a diverse mix that can appeal to different segments of the rental market. The lower-level...Investor opportunity! Add a four-unit income-producing property to your portfolio with $2900 in current monthly rental income, or $34,800 annually. Priced at $249,900, this Crawfordsville fourplex offers multiple revenue streams, four separate apartments, and additional storage that adds value for both the owner and tenants. The property includes two 1-bedroom apartments plus larger 2- and 3-bedroom units, providing a diverse mix that can appeal to different segments of the rental market. The lower-level apartment is one of the four units and is one of the larger apartments. It features a partial walk-out design, egress windows, and exterior access. Select units also offer laundry connections. Current rents are well below market rates and range from $575 to $825 per month, giving an investor an established income stream from day one and potential growth. Tenants pay their own electric, while the owner currently pays sewer, trash pickup, lawn care, and gas where applicable. Beyond the four apartments, the property offers four separate storage units and a carport accommodating two vehicles. The former attached garage is now utilized strictly for storage. The approximately 0.53-acre property also features a brick exterior, mature trees, and asphalt parking. At $249,900, the property represents an attractive entry point for investors seeking a multi-family asset with four rental units, established rents, multiple bedroom configurations, and additional storage income potential. Whether you're expanding an existing portfolio or looking for your first multi-family investment, this property offers the opportunity to build equity while generating rental income. Conveniently located on Waynetown Road in Crawfordsville and served by Crawfordsville Community Schools. Property is being sold subject to tenant rights.
3 days on Market
  • Listed by: Lisa Taylor 765.362.4123 Lisa@Taylor-RES.com • Taylor Real Estate Specialists
Last updated: 09/04/2026 06:15 PM • Source: MIBORMLS, MLS#: 22122420

Location

Listing Courtesy of Taylor Real Estate Specialists
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$1,482 per month

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Property Taxes

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Property Information for 409 Waynetown Road

Property Details
  • Taxes: $1,272 semi-annually
  • MLS Type: Residential Income / Quadruplex
  • Architectural Style: Ranch
  • Subdivision Name: No Subdivision
  • Township: Union
  • Waterfront: No
Building Information
  • Residences: 4
  • Year Built: 1964
  • Lot Size: 0.53 AC / 23,086 SF
Summary
Location and General Information
  • City: Crawfordsville
  • County Or Parish: Montgomery
  • Directions: GPS Friendly
  • Postal Code: 47933
  • Postal Code Plus4: 1170
  • Road Access: Not Applic
  • Road Frontage Type: Easement
  • State Or Province: IN
  • View: Neighborhood
  • View: Yes
Taxes and HOA Information
  • Parcel Number: 540731332045001030
  • Semi Annual Property Tax Amt: 1272
  • Tax Exemption: Other Tax Exemption/See Remarks
  • Tax Year: 2025
  • TaxLot: 07-31-332-045.001-030
School Information
  • Middle Or Junior School: Crawfordsville Middle School
  • School District: Crawfordsville Community Schools
Owner
  • Owner Pays: Gas, Lawncare, Sewer, Trash Collection
Parking
  • Carport Spaces: 2.0
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Building Information: Storage
  • Current Use: Residential
  • Gross Area SQFT: 3782
  • Lot Description: Irregular Lot, Not In Subdivision, Mature Trees
  • Lot Size Square Feet: 23087.0
  • Lot Size Acres: 0.53
  • New Construction: False
  • Possible Use: Residential
  • Structure Type: Quadruplex
  • Year Built Numeric: 1964
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: Pt Swq 31-19-4 0.53 A
  • Photos Count: 54
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Web Link: www.Taylor-RES.com
Utilities
  • Building Utilities: Private Well,Sewer
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Storage
  • Foundation Details: Block
  • Roof: Metal
Interior Features
  • Basement Description: Apartment, Egress Window(s), Exterior Entry, Finished, Partial, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Cooling: Central Air, Heat Pump
  • Heating: Electric, Forced Air, Natural Gas, Heat Pump, High Efficiency (90%+ AFUE )
  • Levels: One
  • Laundry Features: Connections Some, Laundry Room
  • Multi Baths: 5
  • Multi Beds: 7
Multi Family
Multi-Family Information
  • Total Units: 4
  • Garage Parking: Covered, Parking Lot
Income & Expenses
  • Expenses: 160
  • Gross Income: $2,900.00
Unit 1
  • Unit Kitchen: 11x12
  • Unit Levels: 1
  • Unit Miscellaneous: Dishwasher,Other
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Heat Pump,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 12x13
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Lndry Conn,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Heat Pump,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec
  • Unit Type Type: 2 Bedroom
Unit 3
  • Unit Kitchen: 11x10
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Lndry Conn,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas,Heat Forced
  • Unit Type Type: 3 Bedroom
Unit 4
  • Unit Kitchen: 9x8
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Heat Pump,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec
  • Unit Type Type: 1 Bedroom
Rental
Rental Information
  • Tenant Pays: Electricity

Property History for 409 Waynetown Road

DateEvent & SourcePriceAppreciation
Sep 2, 2026

Listed (Active)

MIBORMLS #22122420

$249,900
Dec 30, 2016

Sold

MIBORMLS #21396979

$170,000
Dec 29, 2016

Pending

MIBORMLS #21396979

DateEvent & SourcePrice
09/02/2026

Listed (Active)

MIBORMLS #22122420

$249,900
12/30/2016

Sold

MIBORMLS #21396979

$170,000
12/29/2016

Pending

MIBORMLS #21396979

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

Public Records for 409 Waynetown Road

Taxable ValueLand$17,000Additions$79,100Total$96,100
Tax Record2025$2,544 ($212 / month)
Home Facts
Total Finished SqFt4,219 SqFtAbove Grade Finished SqFt4,219 SqFtStories2Lot Size23,087 SqFtStyleMulti-Family Res (5+ Units)Year Built1964Year Renovated1964CountyMONTGOMERYAPN54-07-31-332-045.001-030

Schools near 409 Waynetown Road

This home is within Crawfordsville Com Schools.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 3
Public - 4 to 5
Public - 6 to 8
Rating
School
Distance
Laura Hose Elementary School
PublicPK to 1

Meredith Nicholson Elementary School
Public2 to 3

Mollie B Hoover Elementary School
Public4 to 5

Joseph F Tuttle Middle School
Public6 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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409 Waynetown Road is a multi-family home for sale in Crawfordsville, IN 47933. This property was listed for sale on September 2, 2026 by Taylor Real Estate Specialists, it's currently listed at $249,900. It has been on the market for a total of 3 days and was last sold on December 30, 2016. This listing's school district is Crawfordsville Com Schools. Nearby schools include Laura Hose Elementary School, Meredith Nicholson Elementary School and Mollie B Hoover Elementary School. 409 Waynetown Road is a 0-bed, 0-bath multi-family home built in 1964.

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 Taylor Real Estate Specialists

Based on information submitted to the MLS GRID as of 09/04/2026 06:15 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.