NOT LISTED FOR SALE

127 W Orange St Cromwell, IN 46732

8 Beds
6 Baths
4,576 Sq Ft
0.43 Acres

Last Sold June 03, 2022

Last sale price $250,000 $55 Per Sq Ft

34 Days on Market

Highlights

  • Baseboard Heating
  • Wood Siding
  • 1-Story Property
  • Storm Doors
  • Carpet

About This Home

As of June 2022

GREAT INVESTMENT OPPORTUNITY - Now is the time to check out this Sixplex conveniently located close to downtown Cromwell. 4 one bedroom/one bath apartments and 2 two bedroom/one bath apartments. Great rental history. Tenants pay electric. Owner pays water/sewage/trash and landscaping. 6 separate electric meters. This won't last long. Schedule your showing today!

Last Listed By

Taya Jacobs

Re/Max Partners Listed on: 03/08/2022

Re/Max Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 1976

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 70x135

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,576 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Storm Doors

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Parking Lot

Schools

  • West Noble Elementary And Middle School
  • West Noble High School

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 57-16-17-200-019.000-016

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $252
  • Insurance Expense $2,500
  • Maintenance Expense $27
  • Water Sewer Expense $6,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,954

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1976
  • Age: 46
  • Style: One Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: Emily Smith OL Add 1st Add To Replat Lts 2 & 3
  • Parcel Number ID: 57-16-17-200-019.000-016
  • Platted: Yes
  • Amenities: Storm Doors
  • Grid: 70 Noble Co.
  • Inside City Limits: Yes
  • Sp Lp Percent: 74.65
  • Annual Miscellaneous: 250
  • Monthly Gross Income: 3255
  • Year Taxes Payable: 21/22
  • Special Features: None

Interior Features

  • Total Sq Ft: 4576
  • Total Finished Sq Ft: 4576
  • Above Grade Finished Sq Ft: 4576
  • Price Per Sq Ft: 54.63
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 6
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 10
  • Parking: Lot

Utilities

  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 252
  • Annual Insurance Expense: 2500
  • Annual Maintenance Expense: 27
  • Annual Water Sewer Expense: 6548
  • Number Electric Meters: 6
  • Number Water Meters: 1

Schools

  • School District: West Noble Schools
  • Elementary School: West Noble
  • Middle School: West Noble
  • High School: West Noble
  • Elementary School: West Noble

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 70x135
  • Estimated Lot Sq Ft: 18731
  • Estimated Lot Size Acres: 0.43

Rental Info

  • Lease Term: 1 Year, Month to Month, Renewal Options
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Multi Family

  • Gross Monthly Rent: 3255
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Num Of1 Bedrooms: 4
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 6

Tax Info

  • Annual Property Tax: 1954

MLS Schools

  • High School: West Noble
  • Middle School: West Noble
  • School District: West Noble Schools

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 Change Sq Ft Price
06/03/2022 06/03/22 Sold $250,000 -25.4% $55 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $334,900 +179.1% $73 / Sq Ft
01/31/2017 01/31/17 Sold $120,000 -20.0% $26 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $150,000 -- $33 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202207501

Indiana Regional MLS