220 S Walnut St Atlanta, IN 46031
Estimated payment $3,197/month
Highlights
- Mature Trees
- Ranch Style House
- Baseboard Heating
About This Home
This well-maintained triplex property at 220 S Walnut St offers a strong investment opportunity in the quiet, rental-friendly town of Atlanta, Indiana. Each unit in this ranch-style triplex features 2 bedrooms and 1 bathroom, providing comfortable living space for tenants and a solid cash flow opportunity for investors. Each unit includes spacious layouts, updated flooring, and full kitchens with appliances. Tenants enjoy ample off-street parking, private entrances, and a low-maintenance exterior with vinyl siding and newer windows. The property's layout and condition make it attractive to long-term renters looking for space and affordability-without sacrificing comfort. Whether you're expanding your portfolio or looking for a first multifamily investment, 220 S Walnut St delivers reliable income, long-term upside, and ease of management in a stable rental market. This purchase includes BLC #22052877 and BLC #22052890 for a total of two properties containing 5 rental units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,522
Year Built
- Built in 1988
Lot Details
- 9,148 Sq Ft Lot
- Mature Trees
- Additional Parcels
Home Design
- Triplex
- Ranch Style House
- Block Foundation
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Washer and Dryer Hookup
Utilities
- Window Unit Cooling System
- Baseboard Heating
Listing and Financial Details
- Legal Lot and Block 1 / 1
- Assessor Parcel Number 290201111008002010
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,478 | $115,600 | $45,100 | $70,500 |
| 2024 | $2,522 | $121,400 | $45,100 | $76,300 |
| 2023 | $2,572 | $126,100 | $45,100 | $81,000 |
| 2022 | $3,121 | $151,800 | $18,800 | $133,000 |
| 2021 | $2,866 | $140,800 | $18,800 | $122,000 |
| 2020 | $2,901 | $140,800 | $18,800 | $122,000 |
| 2019 | $2,533 | $122,400 | $16,300 | $106,100 |
| 2018 | $2,593 | $125,400 | $16,300 | $109,100 |
| 2017 | $2,301 | $110,800 | $16,300 | $94,500 |
| 2016 | $2,193 | $105,400 | $16,300 | $89,100 |
| 2014 | $2,082 | $104,100 | $16,300 | $87,800 |
| 2013 | $2,082 | $115,300 | $16,300 | $99,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/28/2025 07/28/25 | For Sale | $551,998 | +441.7% | -- | |
| 03/17/2017 03/17/17 | Sold | $101,900 | -15.0% | -- | View Prior Sale |
| 02/15/2017 02/15/17 | Pending | -- | -- | -- | |
| 02/15/2017 02/15/17 | For Sale | $119,900 | +17.7% | -- | |
| 02/03/2017 02/03/17 | Off Market | $101,900 | -- | -- | |
| 11/04/2016 11/04/16 | For Sale | $119,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Trustee Deed | -- | Mtc |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22052890
APN: 29-02-01-111-008.002-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.