NOT LISTED FOR SALE

1804 S Forest Dr Unit 1,2,3 & 4 French Lick, IN 47432

8 Beds
8 Baths
5,900 Sq Ft
1.2 Acres

Last Sold August 07, 2020

Last sale price $250,000 $42 Per Sq Ft

175 Days on Market

Highlights

  • Basketball Court
  • Corner Lot
  • Patio
  • Contemporary Architecture
  • Balcony
  • Pocket Doors

About This Home

As of August 2020

1804 S. Forest Dr., French Lick, In.. What an opportunity, 4 condo's for 1 price! 5,900 Square Feet of Living Space! This property has a great rental history with very little vacancy or low rate of turnover of tenants. 2 units have 2 bedrooms plus a den that could serve as a 3rd bedroom with 1 1/2 baths and 2 units are 2 bedrooms with 1 1/2 baths. Each unit is 2 level,have lower level patio's, upper level decks and a 1 car garage. All kitchen appliances included. Individual Natural Gas Furnace's and Central Air units. Present monthly income of $3080.00. This property is located in a quiet residential neighborhood in French Lick only minutes from the Donald Ross and Pete Dye Golf Course's,the other amenities of the French Lick Resort-Casino. Excellent opportunity if someone wanted to remodel and sell as condo's or live in 1 and let the others pay your rent! Asking $299,000.00 Seller is motivated!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,158

Year Built

  • Built in 1986

Lot Details

  • 1.2 Acre Lot
  • Corner Lot
  • Level Lot
  • Irregular Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Composite Building Materials

Interior Spaces

  • 5,900 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Pocket Doors
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 8 Bedrooms in Basement

Parking

  • 8 Car Garage
  • Garage Door Opener
  • Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Basketball Court
  • Balcony
  • Patio

Schools

  • Springs Valley Elementary And Middle School
  • Springs Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Energy-Efficient Insulation
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, water
  • The owner pays for lawn maintenance, maintenance, snow removal, trash collection
  • Assessor Parcel Number 59-12-09-300-001.000-002

Community Details

Overview

  • 4 Units
  • French Lick Subdivision

Amenities

  • Community Storage Space

Building Details

  • Insurance Expense $3,000
  • Maintenance Expense $2,000
  • Trash Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,158

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1986
  • Age: 34
  • Style: Condo
  • Architectural Style: Contemporary
  • Bedrooms: 8
  • Total Bathrooms: 8
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 4
  • Legal Description: Hidden Valley First Addition Lot 1 and Part of 2
  • Parcel Number ID: 59-12-09-300-001.000-002
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Balcony, Countertops-Laminate, Court-Basketball, Deck Open, Garage Door Opener, Patio Open, Pocket Doors, Water Heater Electric
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near Airport
  • Number Below Grade Bedrooms: 8
  • Sp Lp Percent: 83.61
  • Annual Miscellaneous: 1500
  • Monthly Gross Income: 3080
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 5900
  • Total Finished Sq Ft: 5900
  • Above Grade Finished Sq Ft: 5900
  • Price Per Sq Ft: 42.37
  • Basement Foundation: Slab, Full Basement, Walk-Out Basement, Finished
  • Basement Material: Block
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl Tile
  • Number Of Disposals: 4
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 14

Exterior Features

  • Exterior: Wood
  • Roof Material: Composite, Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 8
  • Parking: Garage, Lot, Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: Public
  • Water Utilities: City, Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: Indiana Natural Gas
  • Cable Company: Smithville Communications
  • Annual Insurance Expense: 3000
  • Annual Maintenance Expense: 2000
  • Annual Trash Expense: 1200

Schools

  • School District: Springs Valley Community Schools
  • Elementary School: Springs Valley
  • Middle School: Springs Valley
  • High School: Springs Valley
  • Elementary School: Springs Valley

Lot Info

  • Lot Description: Corner, Irregular, Level, Rolling
  • Lot Dimensions: 1.2
  • Estimated Lot Sq Ft: 52272
  • Estimated Lot Size Acres: 1.2

Green Features

  • Energy Efficient: Insulation
  • Energy Efficient Windows/Doors: Insulated Glass Windows

Rental Info

  • Lease Term: Month to Month, 6 Months, 1 Year, Negotiable
  • Owner Pays: Lawn Maintenance, Maintenance, Snow Removal, Trash Collection
  • Tenant Pays: Cooling, Electric, Fuel, Water

Multi Family

  • Gross Monthly Rent: 3080
  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 5158.06

MLS Schools

  • High School: Springs Valley
  • Middle School: Springs Valley
  • School District: Springs Valley Community 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 List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $250,000 -16.4% $42 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
12/16/2019 12/16/19 For Sale $299,000 -- $51 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201952779

Indiana Regional MLS
Indiana Orange County French Lick 47432

1804 S Forest Dr Unit 1,2,3 & 4, French Lick, IN

This home is located at 1804 S Forest Dr Unit 1,2,3 & 4, French Lick, IN 47432 since 16 December 2019. This property was built in 1986. 1804 S Forest Dr Unit 1,2,3 & 4 is a home located in Orange County with nearby schools including Springs Valley Elementary School and Springs Valley Community 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.

Indiana Regional MLS 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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