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$209,900   Price Analysis
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1319 Main St
Rochester, IN 46975
5 bed 4 bath 2,600 SqFt ($80/SqFt)
9,148SqFt lot. Built 1930
Listed 2024-04-24, Taxes $1,816
USDA Eligible
near Rochester, IN
 Restrictions may apply
due to home size

Four-Unit Investment Property!

* Has Contingent Offer *

All units are currently rented. Unit #1319 and #1321 in th home both have: kitchen with refrigerator, range, full bath, option for 2 bedrooms, washer/dryer hook-up and central air.

In the building, Unit #1325 is a 1-Bedroom, 1-Bath, with kitchen, washer/dryer hook-up, water heater and base board heating. Unit #1323 is currently a salon with bathroom, on demand hot water and base board heating.


Presented by Anna Morris at
Listing Leaders -Rochester.
Listing Agent Photo

Property MLS #202413927 from IRMLS

Bedrooms: 5

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

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

Cooling Features: Central Air
Fuel Expense: 1197.24
Heating Features: Conventional, Forced Air

Furnished Description: Building
Flooring: Carpet, Wood, Vinyl

Basement Description: Full Basement

Lot Description: Level
Lot Size Acres: 0.2100092
Lot Size Dimensions: approx 61x165
Lot Size Square Feet: 9148

Garage Spaces: 5

Elementary School: Columbia / Riddle
High School: Rochester
Middle School: Rochester
School District: Rochester Community School Corp.

Columbia Elementary School is a public elementary school located approximately 0.3 miles away.
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Rochester Community High School is a public high school located approximately 0.4 miles away.
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Rochester Community Md School is a public middle school located approximately 0.5 miles away.
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Fulton County Christian Academy is a private elementary, middle and high school located approximately 0.9 miles away.
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Number of Units: 4
Number of Studio Units: 3
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 2
Unit-1 Square Feet: 900
Unit-2 Square Feet: 740
Unit-3 Square Feet: 400
Unit-4 Square Feet: 480
Unit 1 Total Actual Rent: 750
Unit 2 Total Actual Rent: 675
Unit 3 Total Actual Rent: 425
Unit 4 Total Actual Rent: 275

Income Includes: 25500
Lease Term: 1 Year
Tenant Pays: Electric

Community Features: Washer Hook-Up

Annual Tax Amount: 2300
Source Listing Status: Cont-AccptngBackupOffers
County: Fulton County
Directions: Located On Main Street, Look For Sign
Source Property Type: INVESTMENT
Insurance Expense: 1500
Owner Pays: Electric, Trash Collection, Water
Parcel Number: 25-07-92-409-007.000-009
Township: Rochester
Trash Expense: 720
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$77,900 + $12,900
$90,800
$1,816
2020$77,900 + $12,900
$90,800
$1,816
2019$77,900 + $12,900
$90,800
$1,816
2018$77,900 + $12,900
$90,800
$1,816
2017$76,800 + $12,900
$89,700
$1,794
2016$76,800 + $12,900
$89,700
$1,794
2015$75,100 + $12,900
$88,000
$1,760
2014$76,300 + $12,900
$89,200
$1,784
2013$74,500 + $12,900
$87,400
$1,858
2012$75,300 + $12,900
$88,200
$1,806
2011$71,800 + $9,700
$81,500
$1,632
2010$71,800 + $9,700
$81,500
$1,524
2008$71,900 + $12,700
$84,600
$1,736

Listed 2024-04-24
$209,900
IRMLS
Listing removed 2023-01-26
$79,900
IRMLS

Net Operating Income: 16999.96

Total Square Feet Living: 2600
Year Built: 1930
Above Grade Finished Area: 2600
Below Grade Unfinished Area: 1080
Property Age: 94
Levels or Stories: 1.5
Structure Type: Fourplex
Total Area Sqft: 3680
Total Below Grade Area: 1080

Electric Expense: 2131.44
Sewer: City
City
Water Sewer Expense: 651.36
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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.