421 N State St

$340,000
Price
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Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

Prime Commercial & Residential Investment Opportunity! Fantastic high-visibility location on State Rd. 9 in Greenfield, perfect for your business! Brand NEW metal roof & water heater! This versatile property features: A commercial space, currently used as a hair salon. Two recently updated apartments, both tenant-occupied. Zoned for light commercial use, offering multiple business possibilities. Paved parking area with handicap access from the rear lot. Don't miss out on this incredible investment...Prime Commercial & Residential Investment Opportunity! Fantastic high-visibility location on State Rd. 9 in Greenfield, perfect for your business! Brand NEW metal roof & water heater! This versatile property features: A commercial space, currently used as a hair salon. Two recently updated apartments, both tenant-occupied. Zoned for light commercial use, offering multiple business possibilities. Paved parking area with handicap access from the rear lot. Don't miss out on this incredible investment opportunity in a thriving area!
  1. Listed by Staci Ziegler • Real Broker, LLC

Property Details for 421 North State Street

Subdivision Name
Sub Not Found In Table
Township
Center
LISTING UPDATED: 11/22/2025 04:07 PM

Property Details for 421 North State Street

StatusActive
MLS #22027258
Days on Market77
Taxes$1,968 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1964
Lot Size0.31 AC / 13,503 SF
CountyHancock County

Location

Listing Courtesy of Real Broker, LLC
Add your commute

Building Information for 421 North State Street

Stories-Residences3Year Built1964Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$2,008 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,680

Property Taxes

$328

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 421 North State Street

Summary
Location and General Information
  • City: Greenfield
  • County Or Parish: Hancock
  • Directions: GPS Friendly
  • Postal Code: 46140
  • Postal Code Plus4: 3612
  • Road Access: Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 300732403044001009
  • Semi Annual Property Tax Amt: 1968
  • Tax Year: 2024
  • TaxLot: 1/2/2
School Information
  • School District: Greenfield-Central Com Schools
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Building Information: Handicap Access
  • Current Use: Retail
  • Lot Description: Access, Curbs, Sidewalks
  • Lot Size Square Feet: 13547.0
  • Lot Size Acres: 0.31
  • New Construction: False
  • Year Built Numeric: 1964
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • DPRYN: Yes
  • Legal Subdivision: Bradly S1/2 L2 B2
  • Photos Count: 31
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Building Utilities: Storm Sewer
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement YN: No
  • Cooling: Central Air
  • Levels: One
  • Laundry Features: Connections Some
Multi Family
Multi-Family Information
  • Total Units: 3
  • Garage Parking: Parking Lot, Paved Area
Income & Expenses
  • Expenses: 12095
  • Gross Income: $15,841.00
  • Gross Scheduled Income: $23,748.00
Unit 1
  • Unit Kitchen: unknown
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Other
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Cl None,Fuel Gas,Heat Forced
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: unknown
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl None,Fuel Gas,Heat Forced
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Kitchen: unknown
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
Rental
Rental Information
  • Tenant Pays: Cable TV, Electricity, Insurance

Property History for 421 North State Street

DateEvent & SourcePriceAppreciation
Nov 22, 2025

Price Change

MIBORMLS #22025106

$340,000—
Oct 20, 2025

Price Change

MIBORMLS #22025106

$350,000—
Mar 21, 2025

Listed (Active)

MIBORMLS #22027258

$325,000—
Mar 21, 2025

Listed (Active)

MIBORMLS #22025106

$325,000—
Apr 30, 2021

Sold (Public Record)

Public Record #1504794471

$135,000

+84.7% / yr

Dec 2, 2018

Expired

MIBORMLS #21549007

—
Mar 1, 2018

Listed (Active)

MIBORMLS #21549007

$29,900—
Dec 14, 2017

Sold (Public Record)

Public Record #1293237186

$17,000—
Jul 14, 2011

Expired

MIBORMLS #21036414

—
Jul 8, 2010

Listed (Active)

MIBORMLS #21036414

$174,900—
Apr 30, 2010

Expired

MIBORMLS #2907947

—
Feb 17, 2009

Listed (Active)

MIBORMLS #2907947

$187,900—
DateEvent & SourcePrice
11/22/2025

Price Change

MIBORMLS #22025106

$340,000
10/20/2025

Price Change

MIBORMLS #22025106

$350,000
03/21/2025

Listed (Active)

MIBORMLS #22027258

$325,000
03/21/2025

Listed (Active)

MIBORMLS #22025106

$325,000
04/30/2021

Sold (Public Record)

Public Record #1504794471

$135,000

+84.7% / yr

12/02/2018

Expired

MIBORMLS #21549007

—
03/01/2018

Listed (Active)

MIBORMLS #21549007

$29,900
12/14/2017

Sold (Public Record)

Public Record #1293237186

$17,000
07/14/2011

Expired

MIBORMLS #21036414

—
07/08/2010

Listed (Active)

MIBORMLS #21036414

$174,900
04/30/2010

Expired

MIBORMLS #2907947

—
02/17/2009

Listed (Active)

MIBORMLS #2907947

$187,900

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

Public Records for 421 North State Street

Taxable ValueLand$72,300Additions$121,900Total$194,200
Tax Record2024$3,936 ($328 / month)
Home Facts
Baths1Total Finished SqFt2,528 SqFtAbove Grade Finished SqFt2,528 SqFtStories1Lot Size13,547 SqFtStyleTriplexYear Built1964CountyHANCOCKAPN30-07-32-403-044.001-009Fireplace TypeHas Fireplace

Schools near 421 North State Street

This home is within Greenfield-Central Com Schools.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Harris Elementary School
PublicK to 3

Greenfield Intermediate School
Public4 to 6

Greenfield Central Junior High School
Public7 to 8

Greenfield-Central 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.

Similar Homes

Similar Sold Homes

421 North State Street is a multi-family home for sale in Greenfield, IN 46140. This property was listed for sale on March 21, 2025 by Real Broker, LLC, it's currently listed at $340,000. It has been on the market for a total of 77 days and was last sold on April 30, 2021. This listing's school district is Greenfield-Central Com Schools. Nearby schools include Harris Elementary School, Greenfield Intermediate School and Greenfield Central Junior High School. 421 North State Street 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 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 Real Broker, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/22/2025 08:04 PM. 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.