$59,900 1301 West Main Street Elwood, IN

MLS: 21737331   Type: Multi-Family   County: Madison   City: Elwood   Area: 4804-madison - Pipe Creek   Neighborhood: No Subdivision   Zip: 46036   Style: Multi-Level     Stories: 2   Taxes: $1,234

Mortgage $281 /mo



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Looking for an Investment property that has tenants and shows a positive inome, look no further. The bottom unit was used as a real estate offic and insurance office at one time and then conveerted into a 2 bedroom aartment, could easily be converted back to an office if needing office space with income from the apartment. Both units include a 2 bedroom and one bath, living room and kitchen. Off street parking, large parking area to the back. Gutters new in 2019, new electric water heater, hot water boiler tank and gas furnace new in 2018. Roof was put on in 2012.

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Price History

9/7/2020 Listed $59,900

Affected by Disclosures 0
Arch Style Multi-Level
Area 4804 - Madison - Pipe Creek
Available for Showing 1
BAC Amount BACAmount%
Building Information Smoke Alarm
Building Levels Two
Building Type Double/Duplex, FreeStand
Contingency Act with no Contingency
Cumulative Days on Market 81
Disclosure Other As-Is
Disclosures Not Applicable
Full Baths 0
Green Certification Yn No
Half Baths 0
Inspection Warranties General
Laundry NoLaundry
Listing Type Exclusive Right to Sell
Possession AtClosing, TenantRights
Property Description Looking for an Investment property that has tenants and shows a positive inome
Property Sub Type 1-4 Units Residential
Property Type Multi-Family
Proposed Use Office, Resident
Road Frontage HwyState
Roof Roof new in 2012
School District Elwood Community
Status Active
Tax Year 2020
Township Pipe Creek
Year Built 1945
Zoning Residential

Interior Features

Basement 0
Beds Total 0
HVAC New boiler furnace 2018
Number Units Total 2
Total Baths 0.00

Exterior Features

Acres <1/4 Acre
Exterior Vinyl
Exterior Amenities Driveway Asphalt
Lot Information Sidewalks, Street Lights, Tree Mature
Lot Size 6098
Numberof Garages 0
Road Access HwyState
Road Surface Asphalt
Unit Parking Guest Parking, Paved Area

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Property vs Zip Code Avg (46036)

Price 59K Avg 74K

Taxes $1,234 Avg $1,379

Acres 0.14 Avg 0.16

Visits 32 Avg 20

Days on Site 45 Avg 37

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Listing Provided Courtesy Of: Diana Dunham with Keller Williams Indy Metro NE

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Location & Address

Dr. Tom Galovic
50 Airport Parkway, Suite D
Greenwood, IN