1114 5th St Rising Sun, IN 47040

-- Bed
-- Bath
11,900 Sq Ft
1.5 Acres

Last Sold March 31, 2023

361 Days on Market

Highlights

  • City View
  • Deck
  • Corner Lot
  • 1.5 Acre Lot
  • Wooded Lot
  • Double Pane Windows

About This Home

As of March 2023

Once in awhile we market a unique property that has had one owner since it was built in the early 1980's.A Brick 20 Unit Apartment Complex includes 2 Buildings with 2 Levels. All 20 units are leased. 9 Units have rental assistance. Section 8 Housing approved. The 14 One Bedroom apartments lease for $459 - $649 per month. And the 6 Two Bedroom Apartments lease for $524 - $765 per month. The buildings have new roofs & windows in 2020, many units have newer furnaces and water heaters. All units have electric furnaces, electric ranges/ovens, & ample parking. A common Laundry Room (18 x 12) features 2 newer Washers & 2 newer Dryers that are coinless-NOT Owned by Landlord-Leased. The office 12 x 9 for the complex is nearby. A built in Utility/tool area is close to the office. USDA RD Section 8 Housing-some Restrictions may apply. RD-USDA 11 years remain in contract-subject to restrictions to a new buyer. BUYER'S LENDER CHANGED REQUIREMENTS. BACK ON THE MARKET. SEND PREAPPROVAL LETTER.

Last Agent to Sell the Property

Mark Ginder

RE/MAX Advantage 1 License #RB14035669 Listed on: 02/18/2022

RE/MAX Advantage 1

Co-Listed By

Pamela Ginder

RE/MAX Advantage 1 License #RB14013231

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1983

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 262' x 262'
  • Corner Lot
  • Wooded Lot

Property Views

  • City
  • Woods

Home Design

  • Brick or Stone Mason
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 11,900 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Double Hung Windows
  • Storage
  • Oven or Range

Parking

  • 40 Parking Spaces
  • No Garage
  • Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Heating Available
  • Furnace
  • Separate Meters
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for electricity, insurance

Community Details

Overview

  • 20 Units
  • Southeastern Indiana Board Association

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Apartment 5+ Units
  • Architecture: Other
  • FILLACRES: 1.5000
  • Allow On Internet: Yes
  • Unit Levels: Two
  • Lot Measurement: Acres
  • Prop. Type: Multi Family
  • Total Finished Square Footage: 11900.00
  • Topography Description: Level lot with Mature Pine Trees
  • Total Finished S F: 11900
  • Year Built: 1983
  • Public Transportn: Yes-Catch a Ride
  • Separate Air Condi: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Fireplace: None
  • Inside Features: Storage Area
  • Windows: Other, Double Hung, Double Pane, Vinyl
  • One Bedroom Rent: 649.00
  • One Bedroom Sq Ft: 502
  • Two Bedroom Rent: 765.00
  • Two Bedroom Sq Ft: 676
  • Other Features: Corner Lot, Wooded Lot
  • Separate Furnace: Yes

Exterior Features

  • Out Buildings: 3
  • Exterior Construction: Brick
  • Driveway Type: Blacktop
  • Foundation: Poured
  • Outside Features: Deck, Patio
  • Roof: Shingle
  • View: City, Woods

Garage/Parking

  • Parking: Lot, Off Street
  • Garage Spaces: None
  • Assigned Parking Spaces: 40

Utilities

  • Cooling: Central Air
  • Gas Company: None
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Type: Shared
  • Separate Electric: Yes
  • Separate Gas: No

Condo/Co-op/Association

  • Association: Southeastern Indiana Board
  • Units In Building: 20

Schools

  • School District: Rising Sun - Ohio Co
  • School District: Rising Sun - Ohio Co

Lot Info

  • Lot Dimensions: 262' x 262'
  • Lot Size Sq Ft: 65340.00

Rental Info

  • Tenant Pays: Electricity, Insurance

Tax Info

  • Semi Annual Taxes: 2927.86

MLS Schools

  • School Type: Elementary School
  • School Name: Ohio County Elementa
  • School Type: High School
  • School Name: Rising Sun High Scho

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold -- -- --
02/14/2023 02/14/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $1,350,000 0.0% $113 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $1,350,000 -- $113 / Sq Ft
Source: Southeastern Indiana Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Ginder

    Seller's Agent in 2022

    Mark Ginder

    RE/MAX

    (513) 505-4775

    1 in this area

    38 Total Sales

    Section Image
  • Pamela Ginder

    Seller Co-Listing Agent in 2022

    Pamela Ginder

    RE/MAX

    (513) 659-9515

    1 in this area

    42 Total Sales

    Section Image
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Map

Source: Southeastern Indiana Board of REALTORS®

MLS Number: 196611

Southeastern Indiana Board of REALTORS®

Indiana Ohio County Rising Sun 47040

1114 5th St, Rising Sun, IN

This home is located at 1114 5th St, Rising Sun, IN 47040 since 18 February 2022. This property was built in 1983. 1114 5th St is a home located in Ohio County with nearby schools including Ohio County Elementary/Middle School and Rising Sun 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.

Southeastern Indiana Board of REALTORS® 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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