125 W Indiana Ave Whitwell, TN 37397
Estimated payment $1,187/month
Highlights
- Open Floorplan
- No HOA
- 1-Story Property
- Corner Lot
- Living Room
- Outdoor Storage
About This Home
Located in the heart of Whitwell, this unique investment opportunity features three studio apartments—each offering 1 bedroom and 1 full bath. With just appliances and HVAC needed to complete the setup, this property is perfect for an investor or owner-occupant ready to add value and create income.Live in one unit and rent the other two, or convert all three into short-term AirB&B rentals to take advantage of the area's growing demand for affordable lodging. With easy access to local amenities and just a 35-minute drive to Chattanooga, this property combines small-town charm with big potential. Don't miss this chance to build your portfolio in a prime location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $962
Year Built
- Built in 1900 | Remodeled
Lot Details
- 0.54 Acre Lot
- Corner Lot
- Level Lot
Home Design
- Triplex
- Block Foundation
- Slab Foundation
- Shingle Roof
- Block And Beam Construction
Interior Spaces
- 1,464 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Living Room
- Concrete Flooring
- Washer and Dryer Hookup
Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Outdoor Storage
Schools
- Whitwell Elementary School
- Whitwell Middle School
- Whitwell High School
Utilities
- No Cooling
- No Heating
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 050h B 011.00
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 | $962 | $3,750 | $3,600 | $150 |
| 2023 | $962 | $27,325 | $0 | $0 |
| 2022 | $710 | $27,325 | $3,600 | $23,725 |
| 2021 | $710 | $27,325 | $3,600 | $23,725 |
| 2020 | $479 | $27,325 | $3,600 | $23,725 |
| 2019 | $479 | $15,075 | $3,000 | $12,075 |
| 2018 | $419 | $15,075 | $3,000 | $12,075 |
| 2017 | $419 | $15,075 | $3,000 | $12,075 |
| 2016 | $417 | $15,075 | $0 | $0 |
| 2015 | $418 | $15,075 | $0 | $0 |
| 2014 | $418 | $15,121 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Sale | $220,000 | +10.0% | $150 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $199,999 | -9.1% | $137 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $220,000 | +158.8% | $150 / Sq Ft |
| 12/13/2021 12/13/21 | Sold | $85,000 | -24.0% | $58 / Sq Ft |
| 11/30/2021 11/30/21 | Pending | -- | -- | -- |
| 11/13/2021 11/13/21 | For Sale | $111,900 | -- | $76 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Deed | $75,000 | -- | |
| Deed | -- | -- | |
| Deed | $25,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $61,200 | No Value Available |
Source: Greater Chattanooga REALTORS®
MLS Number: 1513322
APN: 050H-B-011.00
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