Pending — 408 E Monroe Street, Alexandria, IN 46001
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ABOUT THIS HOME
Located at 408 E Monroe ST, Alexandria, IN, this single-family residence presents a great investment opportunity for the savvy investor or handy homeowner. This property offers a unique chance to craft a living space tailored to your exact vision. Imagine evenings spent in the living room, the heart of the home, where a fireplace provides a focal point for gatherings or quiet moments of reflection. The warmth and ambiance of the fireplace create an inviting atmosphere, perfect for creating lasting memories. The property includes a porch, a transitional space where you can enjoy the outdoors, and a deck, an ideal setting for entertaining or simply unwinding. With three bedrooms and one full bathroom, along with a half bathroom, this 1414 square foot residence offers ample space to realize its full potential. The residence sits on a 10080 square foot lot. Built in 1920, this one-story property is ready for its next chapter. This property is poised to become a cornerstone of comfort and style.
$40,000
$60,000
Located at 408 E Monroe ST, Alexandria, IN, this single-family residence presents a great investment opportunity for the savvy investor or handy homeowner. This property offers a unique chance to craft a living space tailored to your exact vision. Imagine evenings spent in the living room, the hear...
1,414
Sq Ft
1920
Year Built
3
Bedrooms
1.1
Bathrooms
Key things to know
- Basement
- 3-car garage
- Cont A L & G Co subdivision
Price history
- PendingAccepted offer
Apr 20, 2026
- Price reduced$50,000 → $40,000
Mar 25, 2026
- Listedat $60,000
Nov 21, 2025
Recent comparable sales
$42,000
107 E Garfield Street
4bd · 1ba · 1,608 sqft
Sold Apr 2026
$193,000
214 E Monroe Street
4bd · 3ba · 1,550 sqft
Sold Apr 2026
$177,500
404 E Monroe Street
3bd · 3ba · 1,820 sqft
Sold Apr 2026
$260,000
1226 E 600 N
3bd · 2ba · 1,504 sqft
Sold Mar 2026
$342,000
1605 Sutton Street
3bd · 2ba · 1,791 sqft
Sold Mar 2026
Comparative value
5 comps in this range
This home is 79% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$60,000Listed· Nov 21, 2025
$40,000Reduced
↓ $20,000 (33.3% off original)
142 days on market
Layout
Schools
Alexandria Community School Corp
Elementary
Alexandria Monroe Elementary School
Middle
Alexandria-Monroe Jr./Sr. High School
Neighborhood
- Hamilton Town Center24.4 mi
- Hamilton Southeastern HS25.2 mi
- Conner Prairie27.3 mi
- Fishers High School27.5 mi
- Westfield High School28.7 mi
- IU Health North Hospital29.9 mi
PROPERTY DETAILS
Living Area
1,414 sq ft
Year Built
1920
Stories
One
Subdivision
Cont a L & G Co
Bedrooms
3
Bathrooms
1 full, 1 half
Garage
3 spaces
School District
Alexandria Community School Corp