$185,000
This home could be converted to a 4BR 2BA home or could be the income opportunity near Cataract Lake you been looking for. Many possibilities, but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4 bedroom 2 bath home and bought with a low down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental is available or in a short distance the state boat dock ramp for Cataract lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant. Room measurements are approximate and realize they are for a duplex and kitchen would be converted into a bigger size.
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MLS # | 202432006 |
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Date Listed | 2024-08-19 |
Status | Active |
Property Type | Investment |
Property SubType | Duplex |
Square Feet | 1560 sqft |
New Construction | No |
Style | One Story |
Type | Duplex |
Bedrooms | 4 |
Bathrooms | 2 |
Annual Taxes | $1,200.00 |
Year Taxes Payable | 2024 |
Year Built | 1991 |
Virtual Tour | propertypanorama.com » |
Days on Market | 95 |
Living Room | 2 × 0 | Level |
Family Room | 550 × | Level |
4th Bedroom | 4 × 0 | Level |
Full Baths | 4 Main |
Construction | Duplex |
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Lot Size | 36,155 sq ft |
Acreage | 0.83 Acres |
Lot Dimensions | IRREGULAR |
Fence | None |
Area | Owen County |
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County | Owen |
Subdivision | Other |
Township | Jackson |
City | Poland |
State | IN |
Zip | 47868 |
School District | Cloverdale Community Schools |
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Elementary | Cloverdale |
Middle School | Cloverdale |
High School | Cloverdale |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202432006
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Beth Neeley
Down Home Real Estate & Auction LLC
Listing updated August 21, 2024 at 11:30 pm
Last checked 6 minutes ago