5020 N 400 W

Decatur, IN 46733

$399,000
Price
3
Beds
3,692 Sq. Ft.
$108 / Sq. Ft.
3,692
Sq. Ft.
$108
per Sq. Ft.

Description

Historical Masterpiece blending seamlessly with modern comfort. The duplex easily catches the eye of passerby. The huge 64 x 32 pole building with an oversized door Heated office, lofted area, lean to, wrap around porch and RV parking is the main attraction. Both units are move in ready and on 1 meter, Unit 1 has 2.5 baths, lofted bedroom and living room, laundry facility, Plank flooring, eat in kitchen, and garage access . Unit 2 has a covered handicap ramp, 2 bedrooms 2 full baths with an electric...Historical Masterpiece blending seamlessly with modern comfort. The duplex easily catches the eye of passerby. The huge 64 x 32 pole building with an oversized door Heated office, lofted area, lean to, wrap around porch and RV parking is the main attraction. Both units are move in ready and on 1 meter, Unit 1 has 2.5 baths, lofted bedroom and living room, laundry facility, Plank flooring, eat in kitchen, and garage access . Unit 2 has a covered handicap ramp, 2 bedrooms 2 full baths with an electric fireplace, walk in closet, basement access and a Private porch. Amenities include: Appliances, a covered pavilion, Firepit, dog run behind the vinyl fence, porch access, New furnace and central air in 2022 . Live on one side and rent the other side or use it as a income source!
  1. Listed by Vickie Harvey • Harvey and Associates Realty LLC

Property Details for 5020 North 400 West

Style
Two and Half Story
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 10/23/2025 10:55 PM

Property Details for 5020 North 400 West

StatusActive
MLS #202541710
Days on Market71
Taxes$2,561 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1895
Lot Size1.00 AC / 43,560 SF
CountyAdams County

Location

Listing Courtesy of Harvey and Associates Realty LLC
Add your commute

Building Information for 5020 North 400 West

Stories2Residences2Year Built1895Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$2,185 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,972

Property Taxes

$213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5020 North 400 West

Summary
Location and General Information
  • Area: Adams County
  • City: Decatur
  • Zip Code: 46733
  • State: IN
  • Township: Kirkland
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18001
  • Directions To Property: 224 west to 400 W property is on the East side
  • Location: Rural
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 01-04-02-400-003.000-007
School Information
  • School District: Adams Central
  • Elementary: Adams Central
  • Middle School: Adams Central
  • High School: Adams Central
Parking
  • Number Of Parking Spaces: 15
  • Parking: Gravel, Off Street, Private
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 1.0
  • Lot Dimensions: 1ac
  • Below Grade Unfin Sqft: 980.0
  • Total Square Feet: 4903.0
  • Upper Level Sqft: 1960.0
  • Approx Lot Size Sqft: 43560.0
  • Above Grade Finished Sqft: 3692.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 980.0
  • Total Finished Sqft: 3692.0
  • Above Grade Unfin Sqft: 231.0
  • Lot Description: Level
  • Main Level Sqft: 3692.0
  • Outbuilding Length: 64.0
  • Outbuilding Sqft: 2048
  • Outbuilding Width: 32.0
Property and Assessments
  • New Construction: No
  • Year Built: 1895
  • Age: 130
  • Documents Available: LBP Form, Legal Description, Sellers Disclosure, Utility Bill Information
  • Planned Unit Development: No
Green Features
  • Exemptions: Homestead
Utilities
  • Sewer: City
  • Water Utility: Private, Well
  • Well Type: Private
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Ceiling Fan, Fireplace, Off Street Parking, Storage, Attic Pull Down Stairs, Closet(s) Walk-in, Countertops-Laminate, Eat-In Kitchen, Firepit, Landscaped, Patio Covered, Porch Covered, Water Heater Electric, Water Softener-Owned, Sump Pump
  • Driveway: Gravel
  • Exterior: Vinyl
  • Fence: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 1
  • Number of Gas Meters: 1
  • Number of Dishwashers: 1
  • Number of Disposals: 0
  • Number of Dryers: 2
  • Number of Microwaves: 2
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 2
  • Number of Washers: 2
  • Number Water Meters: 0
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Central Air
  • Flooring: Laminate, Wood
  • Heating/Fuel: Gas, Forced Air
  • Stories: 3
  • Number of Above Grade Bedrooms: 3
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 3
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 1
  • Total Baths: 5
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 2
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 2
  • Num of Units Rented: 0
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $2,400.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $0
  • Annual Insurance Expense: $2,000
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $-7,961
  • Annual Property Tax: $2,561
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,000
  • Gross Monthly Income: $0
  • Gross Monthly Rent: $0
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 2
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Laundry Room: Basement
Unit 2
  • Unit 2-Num of Bathrooms: 2
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Garage: Yes
  • Unit 2-Laundry Room: Bathroom
Rental
Rental Information
  • Lease Term: None
  • Owner Pays: Maintenance
  • Tenant Pays: Lawn Maintenance

Property History for 5020 North 400 West

DateEvent & SourcePriceAppreciation
Oct 13, 2025

Price Change

Indiana Regional MLS #202541710

$425,000—
Oct 13, 2025

Listed (Active)

Indiana Regional MLS #202541710

$399,000—
DateEvent & SourcePrice
10/13/2025

Price Change

Indiana Regional MLS #202541710

$425,000
10/13/2025

Listed (Active)

Indiana Regional MLS #202541710

$399,000

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

Public Records for 5020 North 400 West

Taxable ValueLand$24,700Additions$273,900Total$298,600
Tax Record2024$2,561 ($213 / month)
Home Facts
Beds3Baths4Total Finished SqFt2,988 SqFtAbove Grade Finished SqFt2,988 SqFtStories3Lot Size43,560 SqFtStyleSingle Family ResidenceYear Built1895CountyADAMSAPN01-04-02-400-003.000-007

Schools near 5020 North 400 West

This home is within Adams Central Community Schools.
Rating
School
Type
Grades
Distance
Adams Central Elementary School
Public - PK to 5
Adams Central Middle School
Public - 6 to 8
Adams Central High School
Public - 9 to 12
Rating
School
Distance
Adams Central Elementary School
PublicPK to 5

Adams Central Middle School
Public6 to 8

Adams 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.

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More information about 5020 North 400 West, Decatur, IN 46733

5020 North 400 West is a multi-family home for sale in Decatur, IN 46733. This property was listed for sale on October 13, 2025 by Harvey and Associates Realty LLC, it's currently listed at $399,000. This listing's school district is Adams Central Community Schools. Nearby schools include Adams Central Elementary School, Adams Central Middle School and Adams Central High School. 5020 North 400 West is a 3-bed, 5-bath, 3,692 sqft multi-family home built in 1895.

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 Harvey and Associates Realty LLC

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.