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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Terre Haute, Indiana and the rest of Hamilton County. Book a private tour of 1139 S 7th Street, ask any question about this home, or talk through what you should know about buying in Terre Haute.

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ABOUT THIS HOME

Incredible investment opportunity on the leased historic 2-story home blocks from Indiana State University and the Wabash River. Strong rental income at $1479/month establishing immediate cash flow and long-term upside. Many new interior updates throughout including flooring, interior paint, kitchen cabinets and countertops, appliances, and more. Turnkey rental at unbeatable price. This is a must see!

Listed by Chris Price· Keller Williams Indy Metro S· MLS# 22041987
SoldSold in 203 days

$50,000

$99,900

4Beds
2Baths
2,666Sq Ft

Incredible investment opportunity on the leased historic 2-story home blocks from Indiana State University and the Wabash River. Strong rental income at $1479/month establishing immediate cash flow and long-term upside. Many new interior updates throughout including flooring, interior paint, kitchen...

Listed by Chris Price· Keller Williams Indy Metro S· MLS# MBR22041987

2,666

Sq Ft

1890

Year Built

4

Bedrooms

2

Bathrooms

Key things to know

  • Sold 55% below list in 203 days
  • Basement

Sold

$45,000

-$54,900 below list (-55.0%)

Closed
Feb 25, 2026
Listed at
$99,900
Sold
2 months ago
Sold in
203 days

Price history

  1. Sold$45,000

    Feb 25, 2026

  2. Price reduced$59,900 → $50,000

    Jan 14, 2026

  3. Listedat $99,900

    Jun 13, 2025

Comparative value

5 comps in this range

This home is 75% below median for similar nearby sales.

$52K$250KMedian $183K
$45K

FEATURES & AMENITIES

Interior

Attic Access

Exterior

Not Applicable

Climate

Heat: Natural GasCool: None

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $99,900Listed· Jun 13, 2025

  • $50,000Reduced

    $49,900 (49.9% off original)

203 days on market

Layout

Main
127 rooms2,006 sq ft
Upper
3660 sq ft

Schools

Vigo County School Corp

  • Elementary

    Farrington Grove Elementary School

  • Middle

    Sarah Scott Middle School

  • High

    Terre Haute South Vigo High School

Neighborhood

  • Downtown Indianapolis69.9 mi
  • Zionsville Community HS70.8 mi
  • Carmel Central Park75.0 mi
  • Monon Trail (Carmel)76.9 mi
  • Clay Terrace77.1 mi
  • Carmel High School77.2 mi

PROPERTY DETAILS

Living Area

2,666 sq ft

Year Built

1890

Stories

One and One Half

Subdivision

No Subdivision

Bedrooms

4

Bathrooms

2 full

School District

Vigo County School Corp

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