26161 Stipps Hill Rd Laurel, IN 47024
Estimated payment $897/month
Highlights
- Screened Porch
- Efficiency Studio Dwelling Unit
- Heating Available
About This Home
Updated Duplex 4/3 with Unfinished Efficiency – Potential Triplex in Franklin County, Indiana. Great opportunity in a small rural community in Franklin County, Indiana! This duplex features two updated units and also includes an unfinished efficiency apartment, offering the potential to convert it into a triplex for added income or extended living space. Located just one hour from Indianapolis and one hour from Cincinnati, the property has seen many updates and is ideal for investors or owner-occupants looking to expand their portfolio or live in one unit and rent the others. Minutes to Brookville Lake! Available individually, as part of a smaller package, or included in a 24-property portfolio across Franklin County.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,005
Year Built
- Built in 1947
Parking
- No Garage
Home Design
- Triplex
- Slab Foundation
- Metal Roof
- Metal Siding
- Stick Built Home
Interior Spaces
- 3,122 Sq Ft Home
- 2-Story Property
- Screened Porch
- Crawl Space
Utilities
- Heating Available
- Well
- Electric Water Heater
- Septic System
Additional Features
- 8,712 Sq Ft Lot
- Efficiency Studio Dwelling Unit
Community Details
- 3 Units
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 | $1,005 | $66,500 | $10,800 | $55,700 |
| 2023 | $997 | $64,300 | $10,300 | $54,000 |
| 2022 | $925 | $59,500 | $10,300 | $49,200 |
| 2021 | $829 | $51,100 | $10,300 | $40,800 |
| 2020 | $755 | $49,800 | $10,000 | $39,800 |
| 2019 | $734 | $49,800 | $10,000 | $39,800 |
| 2018 | $696 | $48,600 | $10,000 | $38,600 |
| 2017 | $782 | $53,000 | $10,000 | $43,000 |
| 2016 | $745 | $51,800 | $10,000 | $41,800 |
| 2014 | $663 | $49,400 | $7,100 | $42,300 |
| 2013 | $663 | $49,900 | $7,200 | $42,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Price Changed | $155,000 | -6.1% | $50 / Sq Ft |
| 06/13/2025 06/13/25 | For Sale | $165,000 | -- | $53 / Sq Ft |
Source: Richmond Association of REALTORS®
MLS Number: 10051278
APN: 24-01-35-380-004.000-013
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