- 1930
- year built
- Status:
- Active
- MLS #:
- 21842469
- County:
- Putnam
- Listed By:
- Jason Hartman - Capstone Realty Group, Inc
- Agent Phone:
- (765) 720-7462
- Agent Email:
- jasonthartman@yahoo.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Large commercial building with commercial size kitchen. Currently used as an "events center" that can be rented for private parties, receptions, fund raisers, etc. Turn-key operation if current use is maintained. Purchase of the property includes the real estate, appliances, furniture, kitchen utensils, audio-visual equipment, maintenance equipment, etc. Building has been recently remodeled with newer roof, new ceiling, new hvac, new lighting/electrical, fresh paint, new concrete sidewalk, etc. Sellers will provide business financials for qualified buyers. Gorgeous facility with seating for approximately 150. Large amounts of storage. Both mens and womens restroom facilities. Municipal gas, water and wastewater utilities.
Highlights
- Commercial Sale
- Retail
- Built in 1930
- 0.15 Acre Lot
- 1702 days on Market
-
- Year Built
- 1930
-
- Stories
- 1.0
-
- Acres
- 0.15
-
- Utilities
- Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
-
- Area
- 6702 - Putnam - Franklin
-
- County
- Putnam
-
- City
- Roachdale
-
- Zip Code
- 46172
-
- High School
- North Putnam Sr High School
-
- Middle School
- North Putnam Middle School
-
- Elementary School
- Roachdale Elementary School
-
Nearby Schools
-
55out of 100
Public School for 5 E Railroad St, Roachdale, IN 46172
Grades: Elementary
Distance: 0.49 mi
-
53out of 100
Public School for 5 E Railroad St, Roachdale, IN 46172
Grades: Middle
Distance: 4.33 mi
-
72out of 100
-
56out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 03/17/2020 | Sold | $35,000 |
| Source: MIBOR Broker Listing Cooperative #21699872 | ||
| Listed | $35,000 | |
| Source: MIBOR Broker Listing Cooperative #21699872 | ||
| 12/02/2019 | Sold | $32,500 |
| Source: MIBOR Broker Listing Cooperative #21682018 | ||
| Listed | $49,900 | |
| Source: MIBOR Broker Listing Cooperative #21682018 | ||
| 03/15/2022 | Listed | $180,000 |
| Source: MIBOR Broker Listing Cooperative #21842469 | ||
Source: MLS Data
Deed History
| 03/19/2020 | Warranty Deed | $35,000 |
| 12/03/2019 | Warranty Deed | $0 |
| 05/28/2013 | Warranty Deed | $0 |
Source: Public records via Constellation Data Labs
Mortgage History
| 05/21/2020 | Coventional | $55,000 |
| 05/28/2013 | Commercial | $40,000 |
Source: Public records via Constellation Data Labs
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Similar Listings
Look Throughout Roachdale
There are currently 9 properties available in Roachdale, with 0 under contract to close soon. Properties in the city have an average sale price of $182,940 and typically spend 79 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 5 E Railroad St?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5 E Railroad St.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 5 E Railroad St?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $180,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Roachdale, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 5 E Railroad St?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5 E Railroad St at around $1,024. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
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Or, let us connect you with our preferred local lender in Putnam County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 5 E Railroad St?
In most cases, yes. Whether 5 E Railroad St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Roachdale's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 5 E Railroad St?
We can handle that for you. Our preferred local agent specializes in commercial sales in Roachdale and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
5 E Railroad St was listed on March 15, 2022, which means it's been on the market for 1702 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1930, making it approximately 96 years old.
What is the lot size of this property?
5 E Railroad St sits on a 0.15-acre lot, which is 6,534 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Roachdale Elementary School
- Middle: North Putnam Middle School
- High: North Putnam Sr High School
Want to see how these schools compare? Check out our Putnam County School Guide to see ratings, reviews, and more for the schools in the area.
Is 5 E Railroad St still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Based on information submitted to the MLS GRID as of November 11, 2026 at 11:12PM. 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.
