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$220,000   Price Analysis
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1304 S Main St
Auburn, IN 46706
4 bed 4 bath 2,288 SqFt ($96/SqFt)
5,532SqFt lot. Built 1960
Listed 2024-03-22, Taxes $1,026
USDA Eligible
near Auburn, IN
 Restrictions may apply
due to home size

Investment excellence awaits with this triplex

* Sale Pending *

A lucrative opportunity for savvy investors. Boasting four well-appointed units in a strategic location, this pro perty ensures a strong rental history and tons of potential! Auburn is growing and so can your investments.

Ths triplex offers one 2 bed/1 bath unit, one 1 bed/1.5 bath unit and one 1 bed/1 bath unit.


Presented by Alyssa Schendel at
North Eastern Group Realty.
Listing Agent Photo

Property MLS #202409498 from IRMLS

Bedrooms: 4

Total Bathrooms: 3 / 1
Full Bathrooms: 3
1/2 Bathrooms: 1

Cooling Features: Window
Heating Features: Forced Air

Furnished Description: Building, Land, Lease
Flooring: Carpet, Laminate

Basement Description: Partial Basement

Lot Description: Level
Lot Size Acres: 0.1269972
Lot Size Dimensions: 66X84
Lot Size Square Feet: 5532

Garage Spaces: 3

Elementary School: McKenney-Harrison
High School: Dekalb
Middle School: Dekalb
School District: Dekalb Central United

Dekalb High School is a public high school located approximately 3.3 miles away.
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Mckenney-Harrison Elementary School is a public elementary school located approximately 0.3 miles away.
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Lakewood Park Christian School is a private elementary, middle and high school located approximately 2 miles away.
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Dekalb Middle School is a public middle school located approximately 3.5 miles away.
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Number of Units: 3
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1.5
Total Bathrooms in Unit-3: 1
Unit 1 Total Actual Rent: 800
Unit 2 Total Actual Rent: 625
Unit 3 Total Actual Rent: 525

Income Includes: 23400
Lease Term: Month to Month, 1 Year
Tenant Pays: Electric, Heating, Trash Collection, Water

Maintenance Expense: 1000

Community Features: Basement

Annual Tax Amount: 1295.16
Source Listing Status: Pending
County: Dekalb County
Directions: Take Ensley and turn left on Main street, house is on the right.
Tax Year: 2023
Source Property Type: INVESTMENT
Insurance Expense: 1000
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Owner Pays: Building Insurance, Maintenance, Tax
Parcel Number: 17-06-32-188-001.000-025
Postal Code Plus 4: 2961
Township: Union
Lot Number: 115
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$40,300 + $15,600
$55,900
$1,026
2020$37,500 + $14,200
$51,700
$938
2019$37,500 + $14,200
$51,700
$960
2018$33,300 + $14,200
$47,500
$922
2017$63,100 + $14,200
$77,300
$1,572
2017$65,500 + $14,200
$79,700
$1,572
2016$68,500 + $14,200
$82,700
$1,552
2015$68,500 + $14,200
$82,700
$1,576
2013$69,200 + $14,200
$83,400
$2,202
2012$72,700 + $13,900
$86,600
$1,732
2011$80,100 + $13,900
$94,000
$1,881
2010$82,400 + $13,900
$96,300
$1,926
2008$76,400 + $13,900
$90,300
$1,927

Listed 2024-03-22
$220,000
IRMLS
Listing removed 2024-03-17
$220,000
IRMLS
Listed 2023-12-06
$220,000
IRMLS
Sold 2019-10-22
$162,500
Public Record

Net Operating Income: 20104.84

Total Square Feet Living: 2288
Year Built: 1960
Above Grade Finished Area: 2288
Below Grade Unfinished Area: 896
Property Age: 64
Levels or Stories: 2
Structure Type: Triplex
House Style: Two Story
Total Area Sqft: 3184
Total Below Grade Area: 896

Sewer: City
City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.