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261 S Main Street, Marengo, IN, 47140

3beds
2baths
1,200sqft
$80,000
$67price/sqft
$750/moest. monthly cost
$30,000/yrincome needed

About This Home

Located on 2 lots, this 3-bedroom, 2 bath home is ready for you to make your own. Siding and roof new in 2023, inside is ready for you to finish out with your touches. Sewer and water available. Owner will consider contract with downpayment.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

9/10
7/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2015

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Manufactured Home
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Laundry features: Main Level,Laundry Room

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Features

  • Eat-in Kitchen,Main Level Primary,Split Bedrooms,Utility Room
  • Finished area below ground: 0
  • Finished area above ground: 1,200

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Other

  • Level: First

Other

  • Level: First

Other

  • Level: First

Property

Details

  • Parcel number: RE140138

Features

  • Has view: Yes
  • View description: Panoramic
  • Frontage length: YES

Lot

  • Lot size: 6,359 sqft
  • Features: Corner Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Inland Flooding
Winter Weather
Cold Wave
Hail
Heat Wave
Ice Storm
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $404$4,848
Home Insurance *$120$1,440
Property Taxes $42$504
Electricity $184$2,212
Total$750$9,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,714/yr
40% on housing$22,500/yr
45% on housing$20,000/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.3%
0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$67This listing

vs Other Active Listings

Avg $/sqft

ZIP 47140
Crawford County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 47140
Crawford County$113

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-09Listed for sale$100,000

For Sale by Agent

AgentAshley Bullington
BrokerageDebby Broughton Realty

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