401 W 3rd Street, Sheridan, IN 46069

$165,000
3
BD
2
BA
1,716
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$165,000
List Price
$199,900
MLS#
22082217
Status
SOLD
Days on Market
20
Closing Date
Feb 20, 2026
Bedrooms
3
Bathrooms
2
Sqft. of Residence
1,716
Property Type
Residential
Year Built
1940

Property Description

Unique Real Estate Opportunity with Two Single-Family Dwellings on One Parcel! Welcome to a rare and versatile property offering two detached single-family homes on one parcel of land, presenting endless possibilities for homeowners and investors alike. The primary residence is a spacious 3-bedroom, 2-bath home filled with character and charm. Inside, you'll find beautiful original hardwood floors, generous living spaces, and the convenience of one bedroom located on the main level. Step outside to a large, private backyard, perfect for hosting gatherings, relaxing outdoors, or simply enjoying the surrounding natural beauty. Just steps away, the second detached dwelling offers incredible flexibility. This 1-bedroom, 1-bath home features an upper loft that can easily be used as an additional bedroom, home office, library, or entertainment space. Ideal as a guest house, in-law suite, or private retreat, it remains close enough for convenience while still offering independence. For investors, this property shines. With separate entrances and detached layouts, both homes can be utilized as income-producing units. Whether you're looking to rent both dwellings, explore short-term rental opportunities, or live in one while renting or Airbnb-ing the other, this setup offers an excellent path to owner-occupied investing. The possibilities are truly endless-a unique property that combines flexibility, charm, and income potential all in one. Schedule your showing today as this property won't last long!

Additional Information

Foundation
Crawl Space, Other
Stories
One and One Half, One
Architecture
A-Frame, Traditional
Interior
Walk-In Closet(s), Ceiling Vaulted
Exterior Amenities
Other
Acres
0.50
Heat
Forced Air, Natural Gas, Baseboard
Cooling
Other
Appliances
Refrigerator, Microwave, Washer, Dryer, Range Hood
Region
Adams
Areas
Bedroom Other on Main
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC. Selling Office: CENTURY 21 Scheetz.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative