$40,000
PENDING

101 and 104 SW 3rd St Loogootee, IN 47553

Estimated payment $243/month

Total Views 2,796
2 Beds
1 Bath
980 Sq Ft
$41 Price per Sq Ft

Highlights

  • ADA Inside
  • Government Subsidized Program
  • Multiple cooling system units
  • Loogootee Junior/Senior High School Rated 9+
  • Laundry in Utility Room
  • Carpet

About This Home

Great Investment Opportunity – Cash-Flowing Duplex Mobile Home Properties Here’s your chance to own a reliable, income-generating asset with two mobile homes on one parcel. Whether you’re looking for steady rental income or a flexible living situation, this property delivers both. Property Details: Unit 1 – 104 SW 3rd Street 1985 Liberty Mobile Home 14' x 50' 2 Bedroom / 1 Bathroom Unit 2 – 101 SW 3rd Street 1987 Champion Mobile Home 14' x 70' 2 Bedrooms / 1 Bathroom The 16x20 Utility Shed is shared between both tenants. Investment Highlights: Dual-income potential from both units Live in one, rent the other – reduce your living expenses while building equity Long-term cash flow from well-maintained homes Great for new or seasoned investors. Sellers have title to both mobile homes. This is an opportunity with multiple possibilities – continue as a full rental or live in one and rent the other.

Listing Agent

Arlet Jackle

RE/MAX Local Brokerage Phone: 812-827-9696 Listed on: 08/27/2025

RE/MAX Local

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $368

Year Built

  • Built in 1987

Lot Details

  • 10,498 Sq Ft Lot
  • Rural Setting

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Dirt Driveway
  • Off-Street Parking

Schools

  • Loogootee Elementary And Middle School
  • Loogootee High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Multiple Heating Units
  • Shared Well
  • Electric Water Heater

Additional Features

  • ADA Inside
  • Government Subsidized Program

Listing and Financial Details

  • The owner pays for building insurance, sewer, water
  • Assessor Parcel Number 51-08-24-300-223.000-008
  • Seller Concessions Not Offered

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $428
  • Maintenance Expense $500
  • Water Sewer Expense $2,400

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$368

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1987
  • Architectural Style: Modular
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: KECK'S ADD'N 92FT OFF E END LOTS 31 & 32 Parcel: 51-08-24-300-223.000-008 ALT PARCEL 0084231021
  • Parcel Number ID: 51-08-24-300-223.000-008
  • Platted: Yes
  • Amenities: ADA Features, Off Street Parking, Deck Open, Water Heater Electric
  • Cross Street: Mill St
  • Location: Rural Subdivision
  • Road Surface: Gravel
  • Government Subsidized: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Total Sq Ft: 980
  • Total Finished Sq Ft: 980
  • Above Grade Finished Sq Ft: 980
  • Flooring: Carpet, Laminate

Exterior Features

  • Exterior: Aluminum, Metal
  • Roof Material: Metal
  • Stories: 1
  • Outbuilding Sq Ft: 980

Garage/Parking

  • Driveway: Dirt
  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air, Wall AC, Window, Multiple Cooling Units
  • Heating Fuel: Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Well Type: Shared
  • Annual Insurance Expense: 428
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 2400
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • Elementary School: Loogootee

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 0.241
  • Estimated Lot Sq Ft: 10498
  • Estimated Lot Size Acres: 0.241

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Sewer, Water
  • Tenant Pays: Electric, Fuel, Heating, Lawn Maintenance

Tax Info

  • Annual Property Tax: 368.46

Multi Family

  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Loogootee
  • Middle School: Loogootee
  • School District: Loogootee Community S.D.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Pending -- -- --
09/02/2025 09/02/25 For Sale $40,000 0.0% $41 / Sq Ft
08/28/2025 08/28/25 Pending -- -- --
08/27/2025 08/27/25 For Sale $40,000 -- $41 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202534452

Indiana Regional MLS
Indiana Martin County Loogootee 47553

101 and 104 SW 3rd St, Loogootee, IN

This home is located at 101 and 104 SW 3rd St, Loogootee, IN 47553 and is currently priced at $40,000, approximately $40 per square foot. This property was built in 1987. 101 and 104 SW 3rd St is a home located in Martin County with nearby schools including Loogootee Elementary School, Loogootee Middle School, and Loogootee Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Arlet Jackle
Listing Agent
Arlet Jackle
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RE/MAX Local
(812) 516-5183