418 Defiance St

Howe, IN 46746

$235,000
Price
1
Bed
4,356 Sq. Ft.
$54 / Sq. Ft.
4,356
Sq. Ft.
$54
per Sq. Ft.
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Description

Two rentals. Separate Electric meters both with 200 amp Service. Separate Gas meters. Brand new well. High visibility. Tenant in place that wants to stay. Located at 418 E Defiance Street in Howe, this commercial building sits directly on State Road 120 with steady daily traffic and strong visibility for a business or investment property. The structure is divided into two separate units with individual gas and electric, allowing for mixed-use options including owner-occupant with rental income or...Two rentals. Separate Electric meters both with 200 amp Service. Separate Gas meters. Brand new well. High visibility. Tenant in place that wants to stay. Located at 418 E Defiance Street in Howe, this commercial building sits directly on State Road 120 with steady daily traffic and strong visibility for a business or investment property. The structure is divided into two separate units with individual gas and electric, allowing for mixed-use options including owner-occupant with rental income or full investment use. One side is currently leased to a dog grooming business, providing immediate income, while the other side is set up as open commercial space and was previously used by an HVAC company, making it suitable for service, retail, storage, or light commercial use. The building was originally a bus service facility for the city of Howe IN and you might remember driving by and seeing the back end of the bus extending out of the side of the building. The layout offers multiple entry points and the ability to modify for overhead doors if desired. Utilities include a new well installed in 2024, city sewer, and NIPSCO gas and electric, with both units having INDIVIDUAL 200-amp service. The metal roof is approximately 10 years old, and drainage has been improved with downspouts routed to underground piping. Additional features include a basement area for storage or storm use, finished upper-level storage above one unit, exterior outlets, Lighted signage, and keypad entry on a secondary entrance. Parking is available on the east side & US 120 with additional nearby overflow options. The property is approximately 2 miles from the I-80/90 Toll Road (Exit 121 at SR 9) and about 5 miles from US 20, providing convenient access for regional travel, service routes, or commuting. Zoning is B4, supporting a range of commercial uses. This is a straightforward opportunity for a user or investor looking for a functional building with income in place, flexible space, and a strong location along a primary route through Howe.
  1. Listed by Daniel Orlando • Mike Thomas Associates

Property Details for 418 Defiance Street

Style
Other
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 03/31/2026 03:33 PM

Property Details for 418 Defiance Street

StatusActive
MLS #202610753
Days on Market9
Taxes$709 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1965
Lot Size0.10 AC / 4,356 SF
CountyLaGrange County
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Location

Listing Courtesy of Mike Thomas Associates
Add your commute

Building Information for 418 Defiance Street

Stories1Residences2Year Built1965Building Size-Lot Size0.10 AC / 4,356 SF

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$1,242 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,183

Property Taxes

$59

HOA Dues

$0

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Property Information for 418 Defiance Street

Summary
Location and General Information
  • Area: LaGrange County
  • City: Howe
  • Zip Code: 46746
  • State: IN
  • Township: Lima
  • Geo Latitude: 42
  • Geo Longitude: -85
  • Road Access: State
  • Zoning Description: B1 and B4
  • Fips Code: 18087
  • Directions To Property: SR 9 North turn right on 120 aka Defiance street follow to property on right.
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2026
  • Parcel Number Id: 44-02-30-300-001.100-012
School Information
  • School District: Lakeland School Corp
  • Elementary: Lakeland Primary
  • Middle School: Lakeland Intermediate
  • High School: Lakeland Jr/Sr
Parking
  • Number Of Parking Spaces: 8
  • Parking: Gravel, Off Street, Other, Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.1
  • Lot Dimensions: 51 x 87
  • Below Grade Unfin Sqft: 650.0
  • Total Square Feet: 5006.0
  • Approx Lot Size Sqft: 4356.0
  • Above Grade Finished Sqft: 4356.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 650.0
  • Total Finished Sqft: 4356.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner, Level, Other, 0-2.9999
Property and Assessments
  • New Construction: No
  • Year Built: 1965
  • Age: 61
  • Documents Available: Survey, Aerial Photo, Easements, LBP Form, Zoning
  • Planned Unit Development: No
Utilities
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Sewer: City
  • Water Utility: Private, Well
  • Well Type: Private
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Attic Storage, Attic-Walk-up, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Open Floor Plan
  • Driveway: Gravel
  • Exterior: Metal
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Metal
Interior Features
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 1
  • Number of Refrigerators: 1
  • Number of W/D Hookups: 1
  • Number of Washers: 0
  • Basement: Yes
  • Basement/Foundation: Partial Basement, Unfinished
  • Cooling: Central Air
  • Flooring: Concrete, Mixed, Tile, Vinyl
  • Heating/Fuel: Gas, Forced Air, Heat Pump, Multiple Heating Systems
  • Stories: 1
  • Number of Above Grade Bedrooms: 1
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 1
  • Total Number of Full Baths: 0
  • Total Number of Half Baths: 2
  • Total Baths: 2
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 2
  • Num of Units Rented: 1
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $8,400
  • Annual Insurance Expense: $0
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $7,691
  • Annual Property Tax: $709
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $700
  • Gross Monthly Rent: $700
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 0
  • Unit 1-Num of Rooms: 2
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $.00
  • Unit 1-Garage: No
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Rent $: $700
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 0
  • Unit 2-Num of Rooms: 4
  • Unit 2-Basement: Yes
  • Unit 2-Garage Type: None
  • Unit 2-Garage: No
  • Unit 2-Unit Rent $: $0
Rental
Rental Information
  • Lease Term: None
  • Owner Pays: Tax
  • Tenant Pays: Electric

Property History for 418 Defiance Street

DateEvent & SourcePriceAppreciation
Mar 31, 2026

Listed (Active)

Indiana Regional MLS #202610756

$235,000—
Mar 31, 2026

Listed (Active)

Indiana Regional MLS #202610753

$235,000—
DateEvent & SourcePrice
03/31/2026

Listed (Active)

Indiana Regional MLS #202610756

$235,000
03/31/2026

Listed (Active)

Indiana Regional MLS #202610753

$235,000

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

Public Records for 418 Defiance Street

Taxable ValueLand$11,600Additions$65,500Total$77,100
Tax Record2024$698 ($58 / month)
Home Facts
Total Finished SqFt4,122 SqFtAbove Grade Finished SqFt4,122 SqFtStories2Lot Size4,437 SqFtStyleMiscellaneous CommercialYear Built1965CountyLAGRANGEAPN44-02-30-300-000.053-012

Schools near 418 Defiance Street

This home is within Lakeland School Corporation.
Rating
School
Type
Grades
Distance
Lakeland Intermediate School
Public - 3 to 6
Lakeland High School
Public - 7 to 12
Lakeland Primary School
Public - K to 2
Howe Military School
Private - 7 to 12
Rating
School
Distance
Lakeland Intermediate School
Public3 to 6

Lakeland High School
Public7 to 12

Lakeland Primary School
PublicK to 2

Howe Military School
Private7 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 418 Defiance Street, Howe, IN 46746

418 Defiance Street is a multi-family home for sale in Howe, IN 46746. This property was listed for sale on March 31, 2026 by Mike Thomas Associates, it's currently listed at $235,000. This listing's school district is Lakeland School Corporation. Nearby schools include Lakeland Intermediate School, Lakeland High School and Lakeland Primary School. 418 Defiance Street is a 1-bed, 2-bath, 4,356 sqft multi-family home built in 1965.

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 Mike Thomas Associates

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.