$425,000 Price Analysis   ♡   Ellettsville, IN 47429 Unknown bed None bath 4,496 SqFt ($94/SqFt) 0.5 acre lot. Built 1946 Listed 2024-08-24, Taxes $6,026 | ✓ USDA Eligible near Ellettsville, IN Restrictions may apply due to home size |
Discover an excellent investment opportunity with so much potential!
This three-unit investment property is situated on a open 0.5-acre lot, offering so many value-adding possibilities. Each unit is currently occupied by long-term tenants, ensuring a steady and reliable income stream. While this property is currently leased as 3 units, a 4th rental income could easily be added by installing a door.
Recent updates include 75' section of sewer line, new sump pump (unit 419), new upstairs flooring insulation, windows and back door (unit 421). Located less than 10 minutes from the I-69 interchange and 15 minutes from IU's campus, this location is convenient, while providing a quiet, picturesque setting.
Presented by Lindsey Clark at
Barberry Realty.
Property MLS #21997971 from MIBOR
Heating Features: Electric
Lot Size Square Feet: 21780
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 1, Pet Size: 2, Pet Deposit Fee: 2
Tenant Pays: Cable TV, Electricity, Sewer, Trash Collection, Water
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 4
Bedrooms in Unit-3: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 5
Unit-1 Square Feet: 2404
Unit-2 Square Feet: 1372
Unit-3 Square Feet: 720
Unit 1 Total Actual Rent: 930
Unit 2 Total Actual Rent: 750
Unit 3 Total Actual Rent: 1100
Map directions Map directions Map directions Map directionsCounty: Monroe
Directions: GPS Friendly
Tax Year: 2024
Source Property Type: Residential Income
Area: 5304 - Monroe - Richland
Source Neighborhood: 5304 - Monroe - Richland
Owner Pays: Lawncare
Parcel Number: 530410200165000013
Postal Code Plus 4: 1219
Township: Richland
Zoning: R-1
Property Subtype: Triplex
Lot Number: 415, 419, 421
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $231,300 + $70,000 $301,300 | $6,026 |
| 2021 | $201,400 + $60,000 $261,400 | $5,228 |
| 2020 | $186,700 + $50,000 $236,700 | $4,734 |
| 2019 | $174,700 + $34,000 $208,700 | $4,174 |
| 2018 | $76,300 + $21,800 $98,100 | $1,962 |
| 2017 | $71,000 + $21,800 $92,800 | $1,886 |
| 2017 | $72,500 + $21,800 $94,300 | $1,886 |
| 2016 | $72,900 + $21,800 $94,700 | $1,856 |
| 2015 | $68,900 + $21,800 $90,700 | $1,894 |
| 2013 | $133,100 + $21,800 $154,900 | $3,754 |
| 2012 | $132,500 + $21,800 $154,300 | $3,410 |
| 2011 | $132,000 + $21,800 $153,800 | $3,768 |
| 2010 | $132,000 + $21,800 $153,800 | $3,055 |
| 2008 | $127,500 + $21,800 $149,300 | $3,133 |
$425,000
MIBOR
Listed 2024-08-23
$425,000
IRMLS
Sold 2018-07-27
$287,500
Public Record
Listing removed 2018-01-01
$1,200
IRMLS
Listing removed 2017-06-23
$950
IRMLS
Price Changed for rent 2017-06-09
$800
IRMLS
Listed for rent 2017-06-08
$600
IRMLS
Listed for rent 2017-06-08
$1,200
IRMLS
Listing removed 2015-05-07
$40,000
Bloomington
Price Changed 2015-04-09
$40,000
Bloomington
Listed 2014-12-22
$62,000
Bloomington
Listing removed 2013-06-18
$199,000
IRMLS
Sold 2007-03-06
$99,000
Public Record
Listed 2003-05-20
$199,000
IRMLS
Levels: One
Property Age: 78
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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.