360 Main Cross StCharlestown, IN 47111

Property Details for 360 Main Cross St

Year built

1943

Construction

WOOD

Lot size

0.18 AC

Property size (Sq ft)

960 SF

Property type

Office properties

APN

10-18-11-701-205.000-004

APU

101811701205000004

Description

This unique Charlestown, Indiana property presents an exceptional investment opportunity. Three adjacent buildings at 360, 362, and 366 Main Cross Street, totaling 0.2 acres, offer a chance to revitalize a piece of history. The main structure, a vacant four-bedroom, one-and-a-half-bathroom Victorian home, boasts original 1800s charm, including 10-foot ceilings, hardwood floors, five fireplace mantels, pocket doors, rosette corners, and intricate wood carvings. The first floor features a parlor, living room, dining room, eat-in kitchen, laundry area, and a half-bath. Upstairs, all four bedrooms and a full bathroom are situated, with a potential third-floor attic finish. A large fenced backyard and off-street parking add to the property's appeal. Located in the heart of downtown Charlestown, approximately 20 minutes from Louisville, Kentucky, this property is zoned Downtown Historic. The City of Charlestown offers a $10,000 annual facade program to assist with restoration efforts. While the home requires renovation, its solid construction and original features are a testament to its enduring quality. Sold as-is, with inspections welcome

• CAP approach

  CAP return

  Valuation

  6%

  $171,382

  6.5%

  $158,199

  7%

  $146,899

• Comparable approach

  Method

  Valuation

  Relative Method

  $82,637

  Geo Method

  $82,637

• Alternative Use

  Use

  Valuation

  Residential

  $196,167

  Hospitality

  $179,688

  Educational

  $149,498

  Medical

  $154,639

  Retail

  $232,552

Location Insight

City

Charlestown

County

Clark

State

Indiana

Latitude

38.4442

Longitude

-85.6615

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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