$270,000
PENDING

Estimated payment $1,619/month

Total Views 2,442
7 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Ball State investment opportunity, Tri-plex, all units Leased until July 2026. Main house is a 4 bedroom, 3 bath, w/ full kitchen, and secondary kitchenette. The 2nd structure (1708 W Main, Unit A & B) offer 1 bedroom, 1 bath units, and Unit A (lower level) could be utilized as a 2 bedroom if deemed fit. All units are leased through the 2025-2026 academic year. The units generate $3,040 per month, $1,740 for the 4 bedroom, $725 for 1708 Main Unit A, and $575 for unit B. Unit B (upper) has recently been remodeled and has a loft area which can be utilized as a bedroom and the bedroom itself to used as desired. Tenant pays utilities.

Listing Agent

Beau Gibson

F.C. Tucker Company License #RB19000704 Listed on: 08/07/2025

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,320

Year Built

  • Built in 1936

Home Design

  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • 1-Story Property
  • 5,290 Sq Ft Lot
  • Basement

Community Details

  • University Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 31
  • Assessor Parcel Number 181108487007000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,320

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1936
  • Lot Size Acres: 0.12
  • Subdivision Name: University Add
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 90000
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Levels: One
  • Total Bathrooms: 5
  • Total Bedrooms: 7

Exterior Features

  • List Price: 270000
  • Road Access: See Remarks

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: See Remarks
  • Lot Size Sq Ft: 5290
  • Parcel Number: 181108487007000003
  • Acres: <1/4 Acre
  • Price Acre: 2250000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 3040
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2320
  • Tax Block: 31
  • Tax Lot: 11
  • Semi Annual Property Tax Amt: 1160

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,320 $110,600 $7,900 $102,700
2023 $2,320 $110,600 $7,900 $102,700
2022 $2,344 $111,800 $7,900 $103,900
2021 $2,168 $103,000 $7,900 $95,100
2020 $2,168 $103,000 $7,900 $95,100
2019 $2,168 $103,000 $7,900 $95,100
2018 $2,100 $99,600 $7,900 $91,700
2017 $2,082 $98,700 $7,900 $90,800
2016 $2,082 $98,700 $7,900 $90,800
2014 $1,873 $91,500 $7,400 $84,100
2013 -- $86,800 $7,200 $79,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Pending -- -- --
08/07/2025 08/07/25 For Sale $270,000 +17.4% --
10/06/2023 10/06/23 Sold $230,000 -10.8% $106 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $257,900 0.0% $119 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $257,900 -- $119 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $224,000 New Conventional
Previous Owner $142,500 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22052587

MIBOR Broker Listing Cooperative®

APN: 18-11-08-487-007.000-003