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$385,000   Price Analysis
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120 N Main St
Churubusco, IN 46723
4 bed 7 bath 6,762 SqFt ($56/SqFt)
3,568SqFt lot. Built 1947
Listed 2024-04-10, Taxes $4,223
USDA Eligible
near Churubusco, IN
 Restrictions may apply
due to home size

Beautiful Historic Building in the Heart of Churubusco.

3 Fully leased apartments along with Main Floor and Basement Leased to Rancho Viejo Restaurant Rental income adds up to $4, 467 per month. Main floor offers handicap restrooms and handicap ramp. Commercial tenant extending business to the Basement. Apartments count with private front entrance and back stairwell. Public parking across the street in the back along with Parking in the front and back of the building.

2 individual Central AC/Heat systems. 2nd floor Brand new Furnace in 2024, new AC in 2023, New electric water heater in 2024. 1st Floor New AC in 2022. Apt A includes, Refrigerator and Gas Stove. Apt B Includes Electric Range, Apt C Includes Refrigerator & Electric Range. Building is currently owned and managed by Local investors looking to scale their investment. This is a tremendous opportunity to start or grow your investing portfolio. Book a showing today. Property also listed as commercial. Listing Agent has financial interest in the property. Buyer to confirm Bedrom measurements. Building is sold as is.


Presented by Cristopher Sanchez at
Coldwell Banker Real Estate Group - Fort Wayne - Jefferson.
Listing Agent Photo

Property MLS #202411871 from IRMLS

Bedrooms: 4
Bedroom 1 Dimensions: 12 x 18
Bedroom 2 Dimensions: 12 x 12
Bedroom 3 Dimensions: 12 x 12
Bedroom 4 Dimensions: 12 x 12
Bedroom 1 Level: Upper
Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Bedroom 4 Level: Upper

Total Rooms: 12
Basement Description: Full Basement

Total Bathrooms: 3 / 4
Full Bathrooms: 3
1/2 Bathrooms: 4
Half Bathrooms On Main Level: 2
Bathrooms On Basement Level: 2
Half Bathrooms On Basement Level: 2
Full Bathrooms On Upper Level: 3

Cooling Features: Central Air, Heat Pump, Multiple Cooling Units
Heating Features: Gas, Forced Air, Heat Pump

Flooring: Hardwood Floors, Carpet, Vinyl

Brick

Lot Size Acres: 0.08191
Lot Size Dimensions: 42 X 92
Lot Size Square Feet: 3568

Elementary School: Churubusco
High School: Churubusco
Middle School: Churubusco
School District: Smith-Green Community

Churubusco Jr-Sr High School is a public middle and high school located approximately 0.2 miles away.
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Churubusco Elementary School is a public elementary school located approximately 0.2 miles away.
directions icon Map directions

Annual Tax Amount: 4760.96
Source Listing Status: Active
County: Whitley County
Directions: Building located off US 33 Main street. Between Washington St & E State Rd
Source Property Type: RESIDENTIAL
Source Neighborhood: Churubusco Commerce Center
Parcel Number: 92-04-13-540-003.000-010
Property Location: City/Town/Suburb
Subdivision: Churubusco Commerce Center
Township: Smith
Property Subtype: Site-Built Home
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$176,700 + $8,700
$185,400
$4,223
2020$176,700 + $8,700
$185,400
$4,435
2019$73,600 + $8,700
$82,300
$2,036
2017$70,600 + $8,700
$79,300
$1,795
2016$69,900 + $8,700
$78,600
$1,693
2015$67,700 + $8,700
$76,400
$1,611
2014$68,400 + $8,700
$77,100
$1,647
2013$69,100 + $8,700
$77,800
$1,588
2012$67,000 + $8,700
$75,700
$1,662
2011$126,600 + $8,700
$135,300
$2,752
2010$126,600 + $8,700
$135,300
$3,129
2009$126,600 + $8,700
$135,300
$2,889

Listed 2024-04-10
$385,000
IRMLS
Listing removed 2023-08-18
$0
TurboTenant
Listed for rent 2023-07-19
$775
TurboTenant
Listing removed 2023-07-04
$0
TurboTenant
Listed for rent 2023-06-05
$875
TurboTenant
Listing removed 2023-05-26
$0
TurboTenant
Listing removed 2023-05-03
$0
Zumper
Listed for rent 2023-04-26
$875
TurboTenant
Listed for rent 2023-04-26
$875
Zumper
Sold 2019-07-31
$185,000
IRMLS
Listing removed 2018-12-10
$215,900
IRMLS
Listed 2018-07-25
$200,000
IRMLS
Listing removed 2018-07-11
$215,900
IRMLS
Price Changed 2018-04-30
$215,900
IRMLS
Listed 2018-01-11
$224,900
IRMLS
Listing removed 2017-11-15
$224,900
IRMLS
Price Changed 2017-09-27
$224,900
IRMLS
Listed 2017-07-13
$239,000
IRMLS
Sold 2015-10-06
$170,000
Public Record

Total Square Feet Living: 6762
Year Built: 1947
Above Grade Finished Area: 6762
Below Grade Unfinished Area: 3381
Construction Materials: Brick, Stone
Property Age: 77
Roof: Asphalt, Flat
Total Area Sqft: 10143
Total Below Grade Area: 3381

Sewer: City
Water Source: 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.