321 2nd St, Rising Sun, IN, 47040
About This Home
Great opportunity in Rising Sun, Indiana! This multi-family property features both upper and lower units, offering flexibility for investors or owner-occupants alike. The lower unit is currently rented, providing immediate income, with lease details available upon request. Ideally located within walking distance to local amenities, this property offers convenience and strong rental appeal. Live in one unit while continuing to rent the other, or add it to your investment portfolio as a cash-flowing asset. Additional features include a fenced-in yard, perfect for added privacy and outdoor use. Whether you're looking to invest or offset your mortgage, this property presents a versatile and attractive opportunity!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Metal
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Multi Family
Interior
Appliances
- Laundry features: None
Basement
- Basement: Cellar
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Window features: Vinyl,Wood Frames
- Fireplace features: None
Heating & Cooling
- Heating features: Electric,Natural Gas,Space Heater
- Cooling features: Ceiling Fan(s),Window Unit(s)
Interior Area
- Total structure area: 2,154
- Total interior livable area: 1,545 sqft
Property
Details
- Parcel number: 580602002022000004
Features
- Levels: Two
- Stories: 2
- Frontage length: 0
Lot
- Lot size: 6,098 sqft
Parking
- Parking features: On Street,No Garage
- Has uncovered spaces: Yes
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
- Tornado
- Cold Wave
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $631 | $7,572 |
| Home Insurance * | $103 | $1,236 |
| Property Taxes | $199 | $2,388 |
| Electricity | $184 | $2,212 |
| Total | $1,117 | $13,404 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Listed for sale | $129,900 |
| 2026-04-04 | Listing removed | $129,900 |
| 2025-11-12 | Price change | $129,900 |
| 2025-04-04 | Listed for sale | $149,900 |
| 2020-10-14 | Sold | $70,000 |
| 2020-07-28 | Pending sale | $75,900 |
| 2020-05-29 | Listed for sale | $75,900 |
| 2015-11-05 | Listing removed | $54,900 |
| 2015-08-27 | Price change | $54,900 |
| 2015-07-03 | Listed for sale | $59,900 |
View on Zillow