Sheldon Barnes
For Sale — 448 Dawson Street, Columbus, IN 47201448 Dawson Street
Columbus, Indiana 47201
No Subdivision
3
Beds
2
Baths
1,050
Sq Ft
1987
Year Built
0.38
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 448 Dawson Street
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Columbus, Indiana and the rest of Hamilton County. Book a private tour of 448 Dawson Street, ask any question about this home, or talk through what you should know about buying in Columbus.
ABOUT THIS HOME
Turnkey Investment Opportunity: New Septic & Well! Secure an income-producing asset with this 1987 manufactured home, perfectly positioned for savvy investors. Spanning 1,052 sq. ft. with a retired title, this property offers the long-term stability of real property combined with immediate cash flow from a reliable current tenant. The heavy lifting is already done. This home features a brand-new septic system and a newly installed well, providing the next owner with significant capital expenditure savings and years of worry-free operation-a major advantage for any rental portfolio. With 3 Spacious Bedrooms and 2 full bathrooms, this home is well-proportioned for families or long-term renters. Having a retired title simplifies the financing and resale process. Enjoy instant revenue by skipping the vacancy period and start collecting rent from day one. This is a rare find where major utility upgrades meet a stable tenancy. Whether you're looking to "buy and hold" or seeking a future residence with solid bones, this property is a standout choice. 24 hour Showing notice required. Tenant Right apply. Don't miss out on this "hands-off" investment and schedule your private tour!
Key things to know
- New septic system and well
- Tenant-occupied, immediate cash flow
- Retired manufactured home title
- 3 bed, 2 bath layout
- Smart thermostat
Monthly payment
Estimate · $129,900
$700/mo
≈ $691 principal & interest · $9 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $25,980 on a loan of $103,920.
Price history
- Price reduced$139,900 → $129,900
Apr 29, 2026
- Listedat $150,000
Mar 20, 2026
Recent comparable sales
$190,000
1941 Union Street
2bd · 1ba · 1,248 sqft
Sold May 2026
$173,000
2239 Maple Street
3bd · 1ba · 864 sqft
Sold May 2026
$200,000
42 S Ross Street
3bd · 1ba · 1,168 sqft
Sold May 2026
$238,000
3122 16th Street
3bd · 2ba · 1,292 sqft
Sold May 2026
$215,000
1726 California Street
2bd · 2ba · 1,286 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 35% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$150,000Listed· Mar 20, 2026
$129,900Reduced
↓ $20,100 (13.4% off original)
41 days on market
Layout
Schools
Bartholomew Con School Corp
Neighborhood
- Downtown Indianapolis43.9 mi
- Fishers High School56.0 mi
- IU Health North Hospital56.1 mi
- Conner Prairie56.1 mi
- Monon Trail (Carmel)56.2 mi
- Carmel High School56.9 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,050 sq ft
Year Built
1987
Stories
One
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
2 full
School District
Bartholomew Con School Corp