Price Reduced17
$155,000
2 bd · 2 ba · 1,738 sqft
26 W Jefferson, Jamestown, IN
Sarah DeVore · Keller Williams-Morrison
Within 2 miles of this home: 1 park or green space.
Place data from OpenStreetMap.
Jamestown Park
School ratings (A+ to F) from HJN community data.
Granville Wells Elementary School
PK-6 · Regular · Western Boone County Community School Corporation
389 students · 17.7:1 student–teacher
North Salem Elementary School
PK-5 · Regular · North West Hendricks Schools
231 students · 13.9:1 student–teacher
Trinity Christian School
PK-12 · Regular
4 students · 4.0:1 student–teacher
MIBOR Broker Listing CooperativeThis content last refreshed on 2026-10-15 08:53:31 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Est. $1,084/mo7 days on Realty
—
Beds
—
Baths
—
Sqft
1948
Built
You must see this incredible opportunity in a great location in downtown Jamestown. Right across from the nature park and just down the street from everything downtown Jamestown has to offer lies the former American Legion Building. This massive well-built building offers up 2400sf on the fully finished main level, 2400sf of unfinished basement space below and over 10,000sf of paved asphalt parking. Once inside you will find two large banquet halls, each with its own separate entrance to the exterior, its own full bathroom and one shared full kitchen. Downstairs you will find 2 large rooms, each with its own separate entrance to the exterior and its own half bathroom. The building currently has dual HVAC systems with two gas furnaces, baseboard heat, two central A/C units, gas water heater, 200amp electrical service and a basement sump pump. Property is zoned Residential (R2) with current permitted uses of single family residential or 2 unit multifamily residential. Though the property can be converted to a triplex or quad multifamily by applying for state approvals. Seller is currently pursuing permitting to convert building to a duplex with 3 bedrooms in each main floor unit, and already has architectural renderings of the building as a triplex completed, see attached drawings. This incredible building offers up tons of square footage, open space, parking, future uses and flexibility to become your next great investment. Property is a fixer-upper and will need TLC. Come see it today!
Listing agent
Jordan Moody
Courtesy of Keller Williams Indpls Metro N
(765) 336-1622
MIBOR Broker Listing Cooperative · Listing MBR22130445
$29,980
Estimated monthly payment
$1,084/mo
Loan amount $119,920. Estimate only — your actual rate and payment depend on credit, location, and lender.