$30,000
SOLD NOV 17, 2025

101 and 104 SW 3rd St Loogootee, IN 47553

2 Beds
1 Bath
980 Sq Ft
10,498 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

25% Below List Price

42 Days on Market

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

As of November 2025

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.

Last Agent to Sell the Property

Arlet Jackle

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

RE/MAX Local

Last Buyer's Agent

Jamie Chapman

MIDWEST REALTY

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

  • Tenant pays for electric, fuel, heating, lawn maintenance
  • 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.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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
11/17/2025 11/17/25 Sold $30,000 -25.0% $31 / 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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Arlet Jackle

    Seller's Agent in 2025

    Arlet Jackle

    RE/MAX

    (812) 827-9696

    1 in this area

    46 Total Sales

    Arlet Jackle
    Section Image

  • J

    Buyer's Agent in 2025

    Jamie Chapman

    MIDWEST REALTY

    (812) 486-8555

    6 in this area

    29 Total Sales

    Jamie Chapman
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202534452

Indiana Regional MLS
Indiana Martin County Loogootee 47553

101 and 104 SW 3rd St, Loogootee, IN

Sold

Mobile Manufactured

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