NOT LISTED FOR SALE
3 Beds
2 Baths
1,280 Sq Ft
3.78 Acres

Last Sold January 12, 2024

Last sale price $175,000 $137 Per Sq Ft

5 Days on Market

About This Home

As of January 2024

Great investment opportunity! Well maintained and managed mobile home park with 9 lots is looking for a new owner. All lots are fully rented on a month-to-month lease. Trailers and outbuildings on the lots are owned by tenants. Owner of park maintains septic, well, security lights which are on separate meter, and trash removal. Tenants pay their own utilities. Septic field and finger system just blown out and fully cleaned in 2023. Tanks and dosing station are pumped every year. Well system replaced in 2020. Owner of trailer park mows and maintains septic field lot and turn around lot where trash removal occurs. Tenants mow and maintain their own lots. Lots are currently being rented for $240/month.

Last Listed By

Judith Wilson

Joan Abbott Real Estate Listed on: 12/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1999

Lot Details

  • 3.78 Acre Lot
  • Rural Setting
  • Level Lot

Parking

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

Outdoor Features

  • Outbuilding

Schools

  • Delphi Community Elementary And Middle School
  • Delphi High School

Utilities

  • Propane
  • Shared Well
  • Well
  • Septic System

Listing and Financial Details

  • Tenant pays for building insurance, cable, cooling, electric, heating, lawn maintenance
  • The owner pays for maintenance, sewer, snow removal, tax, trash collection
  • Assessor Parcel Number 08-05-24-000-030.000-018

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $600
  • Insurance Expense $722
  • Maintenance Expense $600
  • Trash Expense $1,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,001

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1999
  • Age: 24
  • Legal Description: 013-49030-00 PT S2 24-25-3 3.375 AC and 013-5780-00 Pt of lots 321 & 344 and lot 343 & Vac alley and street .405 AC per survey
  • Parcel Number ID: 08-05-24-000-030.000-018
  • Platted: Yes
  • Amenities: Off Street Parking
  • Location: Rural
  • Parcel Id2: 08-05-24-000-552.000-018
  • Road Access: County
  • Road Surface: Gravel
  • Sp Lp Percent: 100
  • Zoning Description: Class 415 - Mobile Home Park
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 2160
  • County Zoning: U1
  • Year Taxes Payable: 2023-2024
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Exterior Features

  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 100

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 18

Utilities

  • Heating Fuel: Propane
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Duke Energy Indiana
  • Well Type: Shared
  • Annual Electric: 600
  • Annual Insurance Expense: 722
  • Annual Maintenance Expense: 600
  • Annual Trash Expense: 1356

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Delphi Community School Corp.
  • Elementary School: Delphi Community
  • Middle School: Delphi Community
  • High School: Delphi
  • Elementary School: Delphi Community

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 3.375 and .405
  • Estimated Lot Sq Ft: 164657
  • Estimated Lot Size Acres: 3.78

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Maintenance, Sewer, Snow Removal, Tax, Trash Collection
  • Tenant Pays: Building Insurance, Cable, Cooling, Electric, Heating, Lawn Maintenance

Tax Info

  • Total Assessed Value: 173300
  • Annual Property Tax: 2000.98

Multi Family

  • Gross Monthly Rent: 2160

MLS Schools

  • High School: Delphi
  • Middle School: Delphi Community
  • School District: Delphi Community School Corp.

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
01/12/2024 01/12/24 Sold $175,000 0.0% $137 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/10/2023 12/10/23 For Sale $175,000 -- $137 / 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: 202344318

Indiana Regional MLS