402&404 W Carroll St Syracuse, IN 46567
Estimated payment $1,595/month
Highlights
- Waterfront
- Patio
- Landscaped
- Eat-In Kitchen
- Shed
- 4-minute walk to Veteran's Memorial Park
About This Home
Purpose-Built Duplex | Prime Investment or House Hack Opportunity! Unlock instant cash flow with this well-maintained, purpose-built duplex located just minutes from public beach access. Built in 2005, this low-maintenance property offers an excellent rental history and is currently generating $1,800/month with potential for increased rents. Each spacious unit rents for $900 and features split utilities—tenants cover their own—keeping your overhead low. Perfect for investors or owner-occupants looking to house hack: live in one unit and let the other help pay your mortgage while you build long-term equity. Each unit enjoys its own concrete patio area and partial shed access, adding privacy and storage convenience for tenants. Tucked behind the property, peaceful Turkey Creek offers a serene natural backdrop—perfect for enjoying quiet mornings or unwinding after a long day. This is a rare opportunity to turn your largest monthly expense into a wealth-building asset. 24-hour notice required for all showings—qualified buyers only, please!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,022
Year Built
- Built in 2005
Lot Details
- 6,300 Sq Ft Lot
- Lot Dimensions are 50x126
- Waterfront
- Creek or Stream
- Landscaped
Home Design
- Duplex
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 1,701 Sq Ft Home
- 1-Story Property
- Basement
- Crawl Space
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Kitchen
- Washer Hookup
Parking
- 2 Car Garage
- Off-Street Parking
Outdoor Features
- Patio
- Shed
Location
- Suburban Location
Schools
- Syracuse Elementary School
- Wawasee Middle School
- Wawasee High School
Utilities
- Central Air
- Electric Water Heater
Listing and Financial Details
- The owner pays for building insurance, lawn maintenance, snow removal, tax
- Assessor Parcel Number 43-04-06-200-002.000-026
- Seller Concessions Offered
Community Details
Overview
- 2 Units
- Syracuse Water Power Company Subdivision
Amenities
- Community Storage Space
Pet Policy
- Pet Restriction
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,547
- Maintenance Expense $542
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,022 | $184,100 | $14,700 | $169,400 |
| 2023 | $2,929 | $171,200 | $14,700 | $156,500 |
| 2022 | $1,597 | $149,900 | $12,700 | $137,200 |
| 2021 | $1,361 | $129,500 | $12,700 | $116,800 |
| 2020 | $1,311 | $124,000 | $10,600 | $113,400 |
| 2019 | $1,393 | $118,900 | $10,600 | $108,300 |
| 2018 | $1,301 | $113,600 | $10,100 | $103,500 |
| 2017 | $929 | $81,900 | $10,100 | $71,800 |
| 2016 | $1,393 | $80,200 | $8,300 | $71,900 |
| 2014 | $1,427 | $79,400 | $8,300 | $71,100 |
| 2013 | $1,427 | $80,300 | $8,300 | $72,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | For Sale | $239,900 | -- | $141 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $155,000 | Center Title Services | |
| Deed | $41,800 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $148,000 | New Conventional | |
| Previous Owner | $147,250 | New Conventional | |
| Previous Owner | $102,000 | New Conventional |
Source: Indiana Regional MLS
MLS Number: 202519270
APN: 43-04-06-200-002.000-026
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