$230,000

260 S Jefferson St Berne, IN 46711

Estimated payment $1,467/month

Total Views 3,393
6 Beds
6 Baths
3,318 Sq Ft
$69 Price per Sq Ft

Highlights

  • Corner Lot
  • Entrance Foyer
  • Community Storage Space
  • Eat-In Kitchen
  • Luxury Vinyl Tile Flooring

About This Home

Check out this incredible investment opportunity with a 6-plex in Berne, IN! 6 one bedroom, one bathroom apartments! Separate electric meters and boxes and separate water heaters. Seller pays water bill, tenant pays elec. With updating, this property has potential to be an excellent investment!

Listing Agent

Joel Griebel

Coldwell Banker Real Estate Gr Brokerage Phone: 260-580-7614 Listed on: 10/10/2025

Coldwell Banker Real Estate Gr

Co-Listing Agent

Robert Griebel

Coldwell Banker Real Estate Gr Brokerage Phone: 260-580-7614

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,028

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Corner Lot
  • Level Lot

Home Design

  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Eat-In Kitchen

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • South Adams Elementary And Middle School
  • South Adams High School

Additional Features

  • Suburban Location
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for building insurance, sewer, tax, water
  • Assessor Parcel Number 01-11-04-101-083.000-018

Community Details

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,226
  • Water Sewer Expense $1,100

Additional Features

  • 6 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,028

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: 2ND ADD LOT 32
  • Parcel Number ID: 01-11-04-101-083.000-018
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Eat-In Kitchen, Foyer Entry, Water Heater Electric
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 4308
  • Total Finished Sq Ft: 3318
  • Above Grade Finished Sq Ft: 3318
  • Below Grade Sq Ft: 990
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block, Poured Concrete
  • Flooring: Carpet, Unfinished, Vinyl Tile
  • Main Level Sq Ft: 1659
  • Total Below Grade Sq Ft: 990
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 6
  • Parking: Gravel

Utilities

  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Indiana Michigan Power
  • Annual Insurance Expense: 2226
  • Annual Water Sewer Expense: 1100
  • Number Electric Meters: 6
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • Elementary School: South Adams

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 66X132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 32

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Sewer, Tax, Water
  • Tenant Pays: Electric, Heating, Deposit Value

Tax Info

  • Annual Property Tax: 3028.22

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 6
  • Num Of1 Bedrooms: 6

MLS Schools

  • High School: South Adams
  • Middle School: South Adams
  • School District: South Adams

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,028 $150,600 $13,500 $137,100
2023 $2,800 $139,200 $13,500 $125,700
2022 $2,552 $126,800 $13,500 $113,300
2021 $2,274 $113,700 $12,900 $100,800
2020 $2,124 $105,400 $12,900 $92,500
2019 $2,050 $101,700 $12,900 $88,800
2018 $1,950 $96,700 $12,900 $83,800
2017 $1,854 $92,400 $12,900 $79,500
2016 $1,766 $88,000 $12,900 $75,100
2014 $1,746 $87,300 $12,900 $74,400
2013 $1,852 $92,600 $12,900 $79,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 For Sale $230,000 -- $69 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202541044

Indiana Regional MLS

APN: 01-11-04-101-083.000-018