$129,900

36 A & B Pleasant Valley Dr Unit 2 Cannelton, IN 47520

Estimated payment $809/month

Total Views 243
2 Beds
2 Baths
1,248 Sq Ft
$104 Price per Sq Ft

Highlights

  • Corner Lot
  • Carpet
  • 1-Story Property

About This Home

FULLY RENTED DUPLEX. This duplex contains two 1 bedroom units that come in good condition. The property sits on a nice corner lot in a good Cannelton neighborhood. The duplex has a good rental history. The owner pays water and sewer, and the tenants pays electric and handles the mowing. The property brings a good cash flow and a cap rate of approximately 8%.

Listing Agent

Rob Schulte

Key Associates of Rockport IN Brokerage Phone: 812-660-0322 Listed on: 08/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1979

Lot Details

  • 9,100 Sq Ft Lot
  • Lot Dimensions are 70 x 130
  • Corner Lot
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Schools

  • Myers Elementary School
  • Cannelton Middle School
  • Cannelton High School

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 62-18-15-300-327.001-008
  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Water Sewer Expense $2,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,178

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1979
  • Age: 46
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 008-00344-00 PLEASANT VALLEY #2 LOT 36
  • Parcel Number ID: 62-18-15-300-327.001-008
  • Platted: Yes
  • Amenities: Water Heater Electric
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Monthly Gross Income: 1272
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 1248
  • Total Finished Sq Ft: 1248
  • Above Grade Finished Sq Ft: 1248
  • Price Per Sq Ft: 104.09
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 1248
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Wall Heater
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Cannelton Utilites
  • Water Company: Cannelton Utilites
  • Annual Insurance Expense: 750
  • Annual Water Sewer Expense: 2580
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • School District: Cannelton City Schools
  • Elementary School: Myers
  • Middle School: Cannelton
  • High School: Cannelton
  • Elementary School: Myers

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 70 X 130
  • Estimated Lot Sq Ft: 9100
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Lawn Maintenance

Multi Family

  • Gross Monthly Rent: 1272
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1178

MLS Schools

  • High School: Cannelton
  • Middle School: Cannelton
  • School District: Cannelton City Schools

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 $1,178 $48,900 $6,200 $42,700
2023 $1,097 $45,500 $6,200 $39,300
2022 $1,075 $44,600 $6,200 $38,400
2021 $1,077 $44,700 $5,900 $38,800
2020 $1,224 $50,800 $5,900 $44,900
2019 $1,198 $49,700 $5,900 $43,800
2018 $1,251 $51,900 $5,900 $46,000
2017 $1,034 $51,700 $5,900 $45,800
2016 $1,246 $51,700 $5,900 $45,800
2014 $1,306 $54,200 $6,100 $48,100
2013 $1,306 $59,500 $6,300 $53,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $129,900 -- $104 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $61,000 None Listed On Document
Personal Reps Deed -- None Listed On Document
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202530972

Indiana Regional MLS

APN: 62-18-15-300-327.001-008