$84,000
Discover the perfect investment with this versatile property featuring two fully rented units—a charming 3-bedroom, 1-bathroom main home and a separate 1-bedroom, 1-bathroom ADU (Accessory Dwelling Unit). Combined, these units generate a total of $1,185/month in rental income—with the main home at $600/month (1701) and the ADU at $585/month (1705). The spacious main residence offers abundant natural light, a functional kitchen, and a private backyard—ideal for relaxing or entertaining. The cozy ADU includes a full kitchen, comfortable living space, and a private entrance, providing flexibility and privacy for tenants or extended family. Located near schools, shopping, and other local amenities, this property also features ample off-street parking and strong income potential. Whether you're an investor seeking consistent cash flow, a homeowner looking for additional revenue, or in need of a multi-generational living setup, this property offers endless possibilities. Don’t miss out on this income-generating gem.
From St Rd 3 go E on Parkview Dr, Left on Morton, property on Left.
Refrigerator, Oven-Gas, Range-Gas
MLS # | 202508184 |
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Date Listed | 2025-03-14 |
Status | Active |
Property Type | Residential |
Property SubType | Site-Built Home |
Finished Square Feet | 1222 sqft |
Total Square Feet | 1558 sqft |
New Construction | No |
Style | Two Story |
Type | Site-Built Home |
Basement | Yes |
Bedrooms | 3 |
Bathrooms | 1 |
Annual Taxes | $1,050.00 |
Year Taxes Payable | 2025 |
Year Built | 1917 |
Virtual Tour | propertypanorama.com » |
Days on Market | 47 |
Cooling | Central Air |
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Heating | Gas, Forced Air |
Main Level Laundry | Yes |
Living Room | 13 × 13 | Main Level |
Dining Room | 20 × 10 | Level |
Kitchen | 18 × 10 | Main Level |
Master Bedroom | 13 × 13 | Main Level |
2nd Bedroom | 12 × 9 | Upper Level |
3rd Bedroom | 13 × 11 | Upper Level |
Full Baths | 1 Main |
Construction | Site-Built Home |
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Exterior | Vinyl |
Lot Size | 10,411 sq ft |
Acreage | 0.24 Acres |
Lot Dimensions | 80 x 130 |
Parking | Yes |
Sewer | City |
Water | City |
Fence | None |
Area | Henry County |
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Location | City/Town/Suburb |
County | Henry |
Subdivision | Other |
Township | Henry |
City | New Castle |
State | IN |
Zip | 47362 |
School District | New Castle Community School Corp. |
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Elementary | Parker |
Middle School | New Castle |
High School | New Castle |
Financing Terms | Cash, Conventional |
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Assoc. Dues | $0.00 Not Applicable |
MLS# 202508184
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 James Meredith
NextHome Elite Real Estate
Office: 765-729-5181
Listing updated April 15, 2025 at 6:15 pm
Last checked 15 minutes ago