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502 N Madison Street #1 & 2, 
Gaston, IN 47342

$157,900


4

Beds


2

Baths


1,953

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Sherry Anderson

RE/MAX Real Estate Groups

Cell: 765-748-1909

Last updated:

May 24, 2025, 08:41 PM

MLS#

202508968

Source:

Indiana Regional MLS

About This Home

502 N Madison Street #1 & 2

All the work is done! This amazing duplex has been completely remodeled inside with a new coat of paint outside!! Sit back and enjoy your investment! Upgrades in the past 3 years: New drywall/panelling throughout / New vinyl plank flooring throughout / New plumbing /New 200amp electrical service / Heat Pump / Forced Air Furnace / Central Air / replacement windows & new entry doors / New Kitchen cabinets/fixtures/countertops and appliances / new bathroom cabinets and fixtures with walk-in showers/ New water heater (rented) and new water softener. Roof is 2 years old. A separate mechanical room in between the units allows owner access to all Main Plumbing/HVAC/Electrical functions. Separate electric meters for each unit. Unit 1 is rented month to month; Unit 2 is leased thru December. Both tenants have been there for 2 years +. Plenty of room for parking in front and a large yard out back. Both units are wheelchair accessible with existing ramps and have. 36" entry ways to each unit. Rural small town setting within walking distance of school and Cardinal Greenway.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 2010

Price Summary

157,900

$80 per Sq. Ft.

MLS #:

202508968

Last Updated:

May 24, 2025, 08:41 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,953 Sq. Ft.


Structure

Structure

Architectural Style:

One Story, Ranch

Building Area:

2,028 Sq. Ft.

Year Built:

2010


Lot

Lot Size (Sq. Ft):

19,602


Finances & Disclosures

Finances

Price:

$157,900

Price per Sq. Ft:

$80 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.

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