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$230,000   Price Analysis
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601 Grant St
Ligonier, IN 46767
4 bed 3 bath 2,297 SqFt ($100/SqFt)
8,712SqFt lot. Built 1900
Listed 2024-03-16, Taxes $1,582
USDA Eligible
near Ligonier, IN
 Restrictions may apply
due to home size

This exceptional triplex has been family owned and operated for 20+ years

* Sale Pending *

But it?s time to pass the torch! With all 3 units currently rented, this home features a main level 2 bedroom/1 full bath unit, an upper level 2 bedroom/1 full bath unit and a fully furnished main level efficie ncy unit that could easily operate as an Airbnb. Not has this home been meticulously maintained, but it?s also been extensively updated over the past 5 years to include a new metal roof, Trane HVAC, water heater, insulation/drywall/paint, some flooring, vinyl privacy fence, upper level unit was completely gutted and redesigned with new stairs and decking and siding/windws were replaced 12 years ago.

Boasting tall ceilings throughout, ample storage inside the home as well as a newer 12x8 shed with a 4? porch and TWO off street parking spots for each unit, this triplex is fully operational and ready for its new owner!


Presented by Candice Everage at
Century 21 Bradley-Kendallville.
Listing Agent Photo

Property MLS #202408698 from IRMLS

Bedrooms: 4

Total Bathrooms: 3 / 0
Full Bathrooms: 3

Laundry Features: # of Washers: 1, # of Dryers: 1

Cooling Features: Central Air
Fuel Expense: 850.68
Heating Features: Gas, Baseboard, Forced Air, Multiple Heating Systems

Furnished Description: Building, Land
Flooring: Carpet, Laminate

Basement Description: Crawl, Partial Basement

Outbuilding Width: 8

Lot Description: Corner, Level
Lot Size Acres: 0.2
Lot Size Dimensions: 66X132
Lot Size Square Feet: 8712

Garage Spaces: 6

Elementary School: West Noble
High School: West Noble
Middle School: West Noble
School District: West Noble Schools

West Noble High School is a public high school located approximately 2.4 miles away.
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West Noble Primary School is a public elementary school located approximately 0.4 miles away.
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South Eden School is a private elementary and middle school located approximately 1.1 miles away.
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West Noble Middle School is a public elementary and middle school located approximately 2.2 miles away.
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Number of Units: 3
Number of Studio Units: 1
Number of 2 Bedroom Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 2
Total Rooms in Unit-3: 4
Unit 1 Total Actual Rent: 1075
Unit 2 Total Actual Rent: 650
Unit 3 Total Actual Rent: 900

Income Includes: 31500
Lease Term: Month to Month, 1 Year
Tenant Pays: Deposit Value

Community Features: Basement, Ceiling Fan, Fenced Yard, Off Street Parking, Storage, Ceiling-9+, Eat-In Kitchen, Porch Covered, Porch Open, Water Heater Electric, Washer Hook-Up

Annual Tax Amount: 2941.84
Source Listing Status: Pending
County: Noble County
Directions: South Cavin St. (ST Rd 5) to light at Union St. Turn east go to Grant St. turn left (north) property on right.
Tax Year: 2023
Source Property Type: INVESTMENT
Insurance Expense: 2183
Source Neighborhood: Smith(s)
Owner Pays: Building Insurance, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
Parcel Number: 57-01-27-100-156.000-014
Postal Code Plus 4: 2137
Subdivision: Smith(s)
Township: Perry
Lot Number: 25
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$111,600 + $14,200
$125,800
$1,582
2020$100,100 + $11,800
$111,900
$1,442
2019$30,100 + $11,200
$41,300
$470
2018$28,800 + $11,200
$40,000
$249
2017$28,700 + $11,200
$39,900
$806
2017$29,100 + $11,200
$40,300
$806
2016$37,600 + $11,200
$48,800
$798
2015$44,100 + $11,200
$55,300
$976
2013$44,600 + $11,200
$55,800
$1,742
2012$37,500 + $11,200
$48,700
$1,436
2011$36,600 + $12,900
$49,500
$1,478
2010$35,100 + $12,900
$48,000
$960
2008$46,600 + $19,800
$66,400
$1,560

Listed 2024-03-16
$230,000
IRMLS
Sold 2022-08-16
$125,000
Public Record

Net Operating Income: 19312.68

Total Square Feet Living: 2297
Year Built: 1900
Above Grade Finished Area: 2297
Below Grade Unfinished Area: 660
Other Buildings: Outbuilding SqFt: 96, Outbuilding Length: 12, Outbuilding: Shed
Property Age: 124
Levels or Stories: 1.5
Structure Type: Triplex
House Style: One and Half Story
Total Area Sqft: 2957
Total Below Grade Area: 660

Electric Expense: 3209.76
Sewer: City
City
Water Sewer Expense: 3002.04
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