$119,900
$10K PRICE DROP

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

Estimated payment $729/month

Total Views 5,042
2 Beds
2 Baths
1,248 Sq Ft
$96 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
  • Style: One Story
  • Architectural Style: Ranch
  • 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
  • Special Features: None

Interior Features

  • Total Sq Ft: 1248
  • Total Finished Sq Ft: 1248
  • Above Grade Finished Sq Ft: 1248
  • 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

  • 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

Tax Info

  • Annual Property Tax: 1178

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

MLS Schools

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
09/10/2025 09/10/25 Price Changed $119,900 -7.7% $96 / Sq Ft
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

Indiana Perry County Cannelton 47520

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

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Rob Schulte
Listing Agent
Rob Schulte
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Key Associates of Rockport IN
(812) 633-8737