101 West Washington Street

Thorntown IN 46071

3300 sq. ft.

9888 sq. ft.

Multi-Family

Last sold for $545,000

Justin Lowe, last sold this property on 03 November 2025 after 129 days on market.

Overview

Ellsbury Group is excited to offer Thorntown Village Apartments, a compelling value-add investment opportunity located in the thriving Boone County, Indiana market. Boone County is experiencing robust market growth, evidenced by a 13% increase in median sales prices year-over-year. The multifamily rental market, especially in nearby areas like Zionsville, Whitestown, and Lebanon, shows strong demand and increasing rental rates. Currently, 2-bedroom apartments in the region command average rents of $1,135 - $2,695, signaling significant upside potential for this property. This opportunity is further bolstered by the LEAP Project, Indiana's ambitious initiative to become a leader in advanced industries. The LEAP Project, while large-scale, promises significant economic growth and job creation within Boone County, driving long-term demand for housing. To ensure minimal disruption for current tenants, property tours will be conducted once a month, with only one unit shown until the property is under contract. See Leap Lebanon

Features

10 carspaces

10 carport spaces

3300 sq. ft. floor area

9888 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Thorntown over the last 12 months.

Property history for 101 West Washington Street

2025

Sold

$545,000

03 Nov 2025 by Justin Lowe, of Ellsbury Commerical Group

2020

Sold

$411,000

18 Dec 2020 by Lynn S Fischer, of Fischer & Associates, Inc.

Happy sellers in Thorntown

We have insufficient information to provide an overview of customer satisfaction for Thorntown. Viewing the agent profiles, reviews and sales for Thorntown can provide insights for this location.