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234-236 Lehr Dr, Mooresville, IN, 46158

2beds
1baths
--sqft
$269,900
--price/sqft
$1,996/moest. monthly cost
$79,840/yrincome needed

About This Home

Great investment opportunity in Mooresville. Two bedroom and One bathroom duplex situated on a large corner lot. Both units are occupied with multi-year tenants. Unit 234 was updated in 2024, new water heater and has an electric stove. Unit 236 was updated in 2019 and also has a newer gas stove from 2022. Both units have refrigerators and stoves. Laundry hook up is available in both units. Tenants pay all utilities.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

6/10
8/10
Mooresville High SchoolGrades 9-123.6 mi

Construction

Condition

  • Year built: 1963

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Heating

  • Heating features: Forced Air

Property

Details

  • Parcel number: 550513180013000005

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.57 Acres

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 WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Inland Flooding
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 $1,364$16,368
Home Insurance *$142$1,704
Property Taxes $306$3,672
Electricity $184$2,212
Total$1,996$23,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,434/yr
40% on housing$59,880/yr
45% on housing$53,226/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: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 7.8%
7.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 46158$144
Morgan County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 46158$160
Morgan County$146

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)

Price History

DateEventPrice
2026-08-16Price change$254,900
2026-08-05Price change$264,900
2026-07-17Listed for sale$269,900
2024-09-18Sold$230,000
2024-08-10Pending sale$250,000
2024-08-02Listed for sale$250,000
2024-07-20Listing removed--
2024-07-15Listed for sale$240,000
2019-09-13Listing removed$165,500
2019-08-01Pending sale$165,500
2019-07-22Listed for sale$165,500

For Sale by Agent

AgentDuangdao Richmond
BrokerageNew Quantum Realty Group

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