c.1900 Four Bedroom Indiana Home With Many Original Elements Under $90K

c.1900 Four Bedroom Indiana Home With Many Original Elements. Incredible charm around every corner.

233 N 4th St, Decatur, IN 46733    $89,900

• Contact Realtor: Sarah Howard
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Pros

1. Affordable Cost of Living

   • Housing is much more affordable than in many other places in Indiana or the U.S.

   • Other expenses like utilities, goods & services are lower or close to national averages; groceries somewhat lower too.

2. Modest Housing Market

   • Because homes are cheaper, it’s easier to buy with less money.

   • There has been some growth in home values recently, which suggests some stability or upward potential.

3. Lower Unemployment

   • The reported unemployment rate of ~2.5% is relatively low.

4. Relatively Favorable Commute & Simpler Life

   • Commute times are modest; many people drive, but distances are not huge.

   • Being a small city/town, you get less congestion, less hustle‑bustle than in big metro areas.

5. Safety Better Than Many Similar Places

   • Violent crime and property crime rates in Decatur are lower than national averages in several reports. It ranks reasonably well in safety relative to many towns its size.

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Cons

1. Lower Income Levels & Poverty

   • Median income is well below U.S. median, so while costs are lower, incomes are lower too.

   • Poverty rate is ~ 15.2%, higher than national average.

2. Limited Educational Attainment / Opportunities

   • Only about 13% of adults have a bachelor’s degree; many have some college or just high school. This can limit opportunities in certain professions.

   • Fewer advanced educational or specialized training resources locally (typical for a small city).

3. Smaller Amenity / Service Base

   • Because Decatur is small, there are fewer entertainment, cultural, shopping, or specialty service options compared to larger cities. If you want variety, big events, etc., you might have to travel.

4. Housing Market Limitations

   • Some houses are older; maintenance costs or updates may be higher. There may be fewer new development options.

5. Property Crime Is Non‑Trivial

   • Although crime is lower than many places, property crimes (thefts, burglaries, etc.) are still present at rates that might concern some residents.

6. Lower Salaries & Fewer High‑Pay Jobs Locally

   • For high wage fields (specialized, tech, etc.), opportunities may be limited locally. Many jobs are likely in local retail, services, agriculture or small businesses.

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