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$113,500   Price Analysis
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603 S Center St
Fort Branch, IN 47648
4 bed 3 bath 1,867 SqFt ($60/SqFt)
0.24 acre lot. Built 1990
Listed 2024-06-06, Taxes $1,356
USDA Eligible
near Fort Branch, IN
 

Welcome to this delightful mobil home park situated in the heart of Fort Branch

Indiana. This well-maintained property offers a unique investment opportunity in a convenient location. Potential Income: With its strategic location and well-kept grounds, this park offers substantial rental income potential. Perfect for investors looking to expand their p ortfolio with a stable and lucrative property.

This property includes 603 1/2 S Center St. this is 1 parcel of land with 2 mobile homes on it. It is part of a package deal. The other property being sold with this one is 601/601 1/2 S Center St Ft. Branch. the total price for the package is $227, 000


Presented by Charlie Butler at
Keller Williams Capital Realty.
Listing Agent Photo

Property MLS #202420589 from IRMLS

Bedrooms: 4

Total Bathrooms: 3 / 0
Full Bathrooms: 3

Cooling Features: Central Air
Heating Features: Electricity, Gas

Furnished Description: Building, Land
Flooring: Laminate

Lot Description: Level
Lot Size Acres: 0.24
Lot Size Dimensions: 85x123
Lot Size Square Feet: 10454

Garage Spaces: 4

Elementary School: Ft. Branch Community
High School: Gibson Southern
Middle School: Ft. Branch Community
School District: South Gibson School Corp.

Gibson Southern High School is a public high school located approximately 3.2 miles away.
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Holy Cross School is a private elementary school located approximately 0.2 miles away.
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Fort Branch Community School is a public elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Number of Units: 2
Number of 2 Bedroom Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 2
Total Rooms in Unit-2: 2
Unit-1 Square Feet: 1064
Unit-2 Square Feet: 798
Unit 1 Total Actual Rent: 550
Unit 2 Total Actual Rent: 575

Income Includes: 13500
Lease Term: Month to Month
Tenant Pays: Cable, Electric, Heating, Lawn Maintenance, Sewer, Trash Collection, Water

Maintenance Expense: 2000

Community Features: Ceiling Fan, Off Street Parking, Water Heater Electric, Water Heater Gas, Washer Hook-Up

Annual Tax Amount: 1433.92
Source Listing Status: Active
County: Gibson County
Directions: Go north on hwy 41 from Evansville after the first light in Ft. Branch take a left on Oak St by Dairy Queen and down to Center property sites to the left
Tax Year: 2024
Source Property Type: INVESTMENT
Insurance Expense: 1463
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Owner Pays: Building Insurance, Maintenance, Tax
Parcel Number: 26-19-19-101-000.965-026
Township: Union
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$53,500 + $13,900
$67,400
$1,356
2020$52,400 + $13,900
$66,300
$1,333
2019$52,600 + $13,900
$66,500
$1,336
2018$50,500 + $13,900
$64,400
$1,317
2018$51,600 + $13,900
$65,500
$1,317
2017$48,500 + $13,900
$62,400
$1,290
2016$20,400 + $13,900
$34,300
$1,249
2015$19,700 + $13,900
$33,600
$675
2013$19,900 + $13,900
$33,800
$679
2012$12,000 + $13,900
$25,900
$509
2011$27,900 + $13,900
$41,800
$881
2010$27,900 + $13,900
$41,800
$836
2008$38,400 + $6,200
$44,600
$993

Listed 2024-06-06
$113,500
IRMLS
Sold 2014-08-27
$55,000
Public Record

Net Operating Income: 6603.08

Total Square Feet Living: 1867
Year Built: 1990
Above Grade Finished Area: 1867
Property Age: 34
Levels or Stories: 1
House Style: One Story
Total Area Sqft: 1867

Sewer: Public
Public
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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.