NOT LISTED FOR SALE

302 E Railroad Ave Independence, LA 70443

Estimated Value: $177,978

-- Bed
-- Bath
8,163 Sq Ft
$22/Sq Ft Est. Value

Last Sold December 13, 2024

Current estimated payment $932/month

173 Days on Market

About This Home

As of December 2024

Amazing opportunity to purchase a large historic masonry storefront building in downtown Independence, home of the Italian Festival. Get in early before this charming railroad hub becomes more like its sisters Amite to the north and Ponchatoula to the south in appeal and price. 8,163 sf total between downstairs (4615 sf) which could be could be at least 3 commercial spaces and upstairs (3548 sf) currently configured into 2 apartments. Building renovation qualifies for a 35% Louisiana tax credit for historic buildings and a 20% Federal Tax credit. Call LA's Office of Cultural Development for details. Wonderful chance to invest and renovate as commercial uses abound! Seller says bring offers!

Last Agent to Sell the Property

BART GILLIS

Keller Williams Realty Services License #000069580 Listed on: 06/22/2024

Keller Williams Realty Services

Last Buyer's Agent

BART GILLIS

Keller Williams Realty Services License #000069580 Listed on: 06/22/2024

Keller Williams Realty Services

Property Details

Property Type

  • Other

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x200
  • Corner Lot
  • Zoning described as COMM

Parking

  • Off-Street Parking

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 8,163 Sq Ft Home
  • Property has 2 Levels
  • Living Quarters

Location

  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Tax Lot 1

Property Details

Property Type

Other

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Business Type: Restaurant
  • Lot Size: 50x200
  • Subdivision Name: Not a Subdivision
  • Directions: From I-55, East on Hwy 40 toward 51, Right on Hwy 51 (W Railroad Ave), 2 blocks, U-turn on E Railroad and bldg on left
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Mixed Use, Retail
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2

Interior Features

  • Living Area: 8163.0

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Construction Type: Brick
  • Other Structures: Living Quarters

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Zoning Description: COMM
  • Zoning: COMM
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Lauve Celia M
Bought by
302 Independence Llc
Current Estimated Value
$177,978

Purchase Details

Listed on
Jun 22, 2024
Closed on
Dec 13, 2024
Sold by
Genovese Charles R
Bought by
Lauve Celia
Seller's Agent
BART GILLIS
Keller Williams Realty Services
Buyer's Agent
BART GILLIS
Keller Williams Realty Services
List Price
$235,000
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
302 Independence Llc -- None Listed On Document
Lauve Celia $179,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold -- -- --
11/01/2024 11/01/24 Price Changed $179,000 -10.5% $22 / Sq Ft
09/26/2024 09/26/24 Price Changed $200,000 -9.1% $25 / Sq Ft
08/06/2024 08/06/24 Price Changed $220,000 -6.4% $27 / Sq Ft
06/22/2024 06/22/24 For Sale $235,000 -- $29 / Sq Ft
Source: ROAM MLS

Tax History Compared to Growth

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 -- $11,124 $1,620 $9,504
2023 $0 $11,004 $1,500 $9,504
2022 $666 $11,004 $1,500 $9,504
2021 $618 $11,004 $1,500 $9,504
2020 $928 $11,004 $1,500 $9,504
2019 $934 $11,004 $1,500 $9,504
2018 $924 $11,004 $1,500 $9,504
2017 $932 $11,004 $1,500 $9,504
2016 $995 $11,004 $1,500 $9,504
2015 $767 $11,004 $1,500 $9,504
2014 $831 $11,004 $1,500 $9,504
Source: Public Records

Agents Affiliated with this Home

  • BART GILLIS

    Seller's Agent in 2024

    BART GILLIS

    Keller Williams Realty Services

    (337) 522-7554

    43 Total Sales

    BART GILLIS
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Map

Source: ROAM MLS

MLS Number: 2455034

APN: 00864501

Louisiana Tangipahoa Parish Independence 70443

302 E Railroad Ave, Independence, LA

Not Listed for Sale

Other

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