206 S 3rd St, Kentland, IN, 47951
About This Home
Investment Opportunity - Duplex or Single-Family Home, Your Choice! Currently zoned as a duplex, this versatile 2-story property offers multiple possibilities for investors, owner-occupants, or those looking for a multi-generational living arrangement. The main level features 2 bedrooms (one very small), a kitchen, and an ADA-accessible 3/4 bath with wheelchair ramp access. The upper level offers additional bedrooms, a second kitchen, and a full bath. An interior spiral staircase currently connects both levels and can easily be removed to restore complete separation between the units. Whether you're looking to maintain it as a duplex or convert it to a spacious single-family residence, the flexibility is yours. The home does need updating and repairs, making it an excellent opportunity to add value and build equity. Property is being sold As-Is.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1938
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Electric Range
- Laundry features: Electric Dryer Hookup,Washer Hookup,Main Level,Laundry Room,Gas Dryer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Features
- Laminate Counters
- Finished area above ground: 1,792
Heating
- Heating features: Forced Air,Other,Natural Gas
Property
Accessibility
- Accessibility features: Accessible Full Bath,Accessible Approach with Ramp
Details
- Parcel number: 561621443094000011
- Special condition: None
Features
- Levels: One and One Half
- Pool features: None
- Patio & porch: Deck,Porch
- Exterior features: Rain Gutters
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 4,499 sqft
- Features: Corner Lot,Few Trees
Parking
- Parking features: Driveway,Off Street,Gravel
- 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
- Cold Wave
- Strong Wind
- Hail
- Inland Flooding
- Tornado
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 | $480 | $5,760 |
| Home Insurance * | $104 | $1,248 |
| Property Taxes | $35 | $420 |
| Electricity | $184 | $2,212 |
| Total | $803 | $9,636 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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 |
|---|---|---|
| 2026-08-06 | Contingent | $95,000 |
| 2026-08-03 | Price change | $95,000 |
| 2026-07-31 | Price change | $99,900 |
| 2026-07-22 | Price change | $102,500 |
| 2026-07-14 | Price change | $105,000 |
| 2026-06-25 | Price change | $115,000 |
| 2026-06-06 | Listed for sale | $120,000 |
| 2015-06-15 | Sold | $44,000 |
| 2014-12-13 | Price change | $45,900 |
| 2014-07-09 | Listed for sale | $59,900 |
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