NOT LISTED FOR SALE

32 Gatesville Rd Unit 1 & 2 Morgantown, IN 46160

-- Bed
-- Bath
-- Sq Ft
0.48 Acres

Last Sold February 28, 2022

Last sale price $165,000

63 Days on Market

About This Home

As of February 2022

IN THE HEART OF BEAN BLOSSOM!! Income property. Duplex zoned GB. This property was once a tourist home and can be again if you process through P & Z. Several years of rental history. Property is being sold in "AS IS" condition. No washer and dryer hook-ups. Unit 2 is spacious and has newer furnace. Fireplace is non-functional. Unit 1 (north end) has several updates and is fresh and cozy. Property includes Lots #7 & #8 containing .48 acres. So many other possibilities in Bean Blossom due to zoned GB.

Last Listed By

Marg Deglandon

RE/MAX Team Listed on: 11/09/2021

RE/MAX Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,204

Year Built

  • 1930

Lot Details

  • 0.48

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,204

Year Built

1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.2liveinbrowncounty.com
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: Rustic, TraditonalAmerican
  • Directions: Nashville north on State Road 135 to Bean Blossom. First easement lane on right into lot, or turn right on Gatesville Road and it will be first drive on left.
  • New Construction: No
  • Road Frontage Type: HwyState, County Road
  • Road Surface Type: Asphalt
  • Structure Type: Duplex, FreeStand
  • Subdivision Name: BROWN COUNTY
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 2091
  • Laundry: NoLaundry
  • Basement YN: Yes
  • Owner Pays: InsHazard, Insurance, Insurance, Lawncare, Taxes, Water
  • Possible Use: Residential
  • Amenities: Covered porch

Exterior Features

  • Exterior Features: Driveway Gravel, Fire Pit
  • Foundation Details: Block, Block
  • Road Access: HwyState,CountyRd
  • Interstate: Ramp>5mi
  • Construction Type: Wood
  • Disclosures: Corporate Owned
  • Roof: asphalt

Garage/Parking

  • Unit Parking: Parking Lot,Unpaved
  • Auto Parking: 0
  • Auto Surface: 0
  • Parking Spacesper Unit: 0.0000

Utilities

  • Solid Waste: 0
  • HVAC: Prop F/A, baseboard

Fee Information

  • Expenses: 5745
  • Insurance Expenses S F: 85.0000

Lot Info

  • Acres: 1/4-1/2 Acre
  • Lot Information: Not In Subdivision,Tree Mature
  • Lot Number: 7 & 8
  • Lot Size: .48
  • Current Use: Residential
  • Zoning: GB

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Carpet Cleaning, Electricity, Gas, Insurance, Insurance, Trash Collection

Tax Info

  • Semi Annual Property Tax Amt: 602
  • Tax Exemption: None
  • Multiple Tax I D: 070230300166008002
  • Tax Annual Amount: 1204
  • Tax Year: 2021

Multi Family

  • Property Net Operating Income: 5831
  • Number Of Units Total: 2

MLS Schools

  • School District: Brown County
  • Schools: Brown County High,Brown County Intermediate,Brown County Middle,Sprunica Elementary

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $165,000 -17.1% --
01/12/2022 01/12/22 Pending -- -- --
11/09/2021 11/09/21 For Sale $199,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21823796

MIBOR Broker Listing Cooperative®