1216 N Cherry St Rushville, IN 46173
Estimated payment $1,813/month
Highlights
- Ranch Style House
- No HOA
- Eat-In Kitchen
- Wood Flooring
- 2 Car Attached Garage
- In-Law or Guest Suite
About This Home
This UNIQUE real estate offering encompasses TWO DISTINCT HOUSES alongside a valuable PARCEL OF LAND that has water/gas, all included within the total purchase price. The primary residence features an open space functional design with new paint and repaired walls making it fresh throughout. A new composite decking front porch wraps around making it convenient and functional for enjoying the outdoors. Doors, step-in shower and ramp in the garage are wheelchair accessible. The second house is a smaller living space with 2 beds, 1 bath and a full kitchen complete with appliances and stacked washer and dryer. With its unique character and charm, this space is great for a mother-in-law quarters or as additional living space or investment opportunity. There is ample parking in the back with a nice yard that hosts a heated/electric barn and an additional shed for storage. Together with these properties comes the accompanying parcel of land (/1220 N Cherry St - 40x135), which presents various possibilities for development or utilization in accordance with zoning regulations. This comprehensive package not only maximizes the utility of the property but also enhances its investment potential in today's competitive market. Clients seeking multifaceted opportunities in real estate are encouraged to explore this unique combination that effectively meets diverse residential needs while simultaneously offering avenues for future expansion or income generation.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,394
Year Built
- Built in 1975
Parking
- 2 Car Attached Garage
Home Design
- 1,464 Sq Ft Home
- Ranch Style House
- Block Foundation
- Vinyl Siding
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Dishwasher
Flooring
- Wood
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
- In-Law or Guest Suite
Additional Features
- Laundry Room
- Handicap Accessible
- 0.25 Acre Lot
- Central Air
Community Details
- No Home Owners Association
- Belmont Subdivision
Listing and Financial Details
- Tax Lot 29-30
- Assessor Parcel Number 700732157008000011
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,394 | $139,400 | $23,100 | $116,300 |
| 2023 | $1,432 | $115,200 | $23,100 | $92,100 |
| 2022 | $1,308 | $106,300 | $23,100 | $83,200 |
| 2021 | $1,220 | $99,300 | $23,100 | $76,200 |
| 2020 | $1,155 | $93,900 | $21,800 | $72,100 |
| 2019 | $1,057 | $90,900 | $21,800 | $69,100 |
| 2018 | $1,019 | $88,800 | $21,800 | $67,000 |
| 2017 | $979 | $87,600 | $21,800 | $65,800 |
| 2016 | $919 | $84,000 | $21,000 | $63,000 |
| 2014 | $748 | $81,500 | $21,000 | $60,500 |
| 2013 | $748 | $81,800 | $22,800 | $59,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2025 09/24/25 | Price Changed | $320,000 | -3.0% | $219 / Sq Ft |
| 08/11/2025 08/11/25 | Price Changed | $330,000 | -5.7% | $225 / Sq Ft |
| 07/15/2025 07/15/25 | Price Changed | $350,000 | -10.1% | $239 / Sq Ft |
| 05/20/2025 05/20/25 | For Sale | $389,500 | -- | $266 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22038100
APN: 70-07-32-157-008.000-011
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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