NOT LISTED FOR SALE

408 S Cross St Danville, IN 46122

-- Bed
-- Bath
-- Sq Ft
1.03 Acres

Last Sold December 14, 2020

Last sale price $367,500

2 Days on Market

Highlights

  • 1.03 Acre Lot
  • Danville Middle School Rated A-
  • Traditional Architecture

About This Home

As of December 2020

This fully occupied 6 unit investment property is full of opportunity while sitting on a full acre with mature trees and great common space! Located close to downtown, this property has walkability to the parks, restaurants and everything Danville has to offer. Property offers separately metered utilities, 2 bed 1.5 bath units, washer/dryer hookups in each unit and incredibly low tenant turnover with long term tenants in place. Recent updates include a freshly paved parking lot in front with separate parking spots for tenants. Don’t let this incredible opportunity pass you by.

Last Agent to Sell the Property

Jordan Moody

Keller Williams Indpls Metro N License #RB15001355 Listed on: 10/19/2020

Keller Williams Indpls Metro N

Last Buyer's Agent

Patricia Spurlock-Lane

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,814

Year Built

  • Built in 1973

Lot Details

  • 1.03

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 1.03 Acre Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for trash collection
  • Assessor Parcel Number 321109295004000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,814

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1973
  • Lot Size Acres: 1.03
  • Structure Type: Apartment Building
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Other
  • Property Description: This fully occupied 6 unit investment property is full of opportunity while sitting on a full acre with mature trees and great common space! Located close to downtown, this property has walkability to the parks, restaurants and everything Danville has to offer. Property offers separately metered utilities, 2 bed 1.5 bath units, washer/dryer hookups in each unit and incredibly low tenant turnover with long term tenants in place. Recent updates include a freshly paved parking lot in front with separate parking spots for tenants. Don’t let this incredible opportunity pass you by.
  • Transaction Type: Sale
  • Website: moodycompany.com
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Trash Collection
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 375000

Garage/Parking

  • Unit Parking: Paved Area

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 12756

Lot Info

  • Parcel Number: 321109295004000003
  • Acres: 1-3 Acres
  • Lot Information: Access Street
  • Lot Number: 0
  • Lot Size: 162X176

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Net Operating Income: 32244
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 4814
  • Semi Annual Property Tax Amt: 2407
  • Tax Exemption: None

MLS Schools

  • School District: Danville Community

Range of Values:

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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
12/14/2020 12/14/20 Sold $367,500 -2.0% --
10/22/2020 10/22/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $375,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jordan Moody

    Seller's Agent in 2020

    Jordan Moody

    Keller Williams Indpls Metro N

    (765) 336-1622

    4 in this area

    367 Total Sales

    Section Image

  • P

    Buyer's Agent in 2020

    Patricia Spurlock-Lane

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21746504

MIBOR Broker Listing Cooperative®

Indiana Hendricks County Danville 46122

408 S Cross St, Danville, IN

This home is located at 408 S Cross St, Danville, IN 46122 since 19 October 2020. This property was built in 1973. 408 S Cross St is a home located in Hendricks County with nearby schools including North Elementary School, South Elementary School, and Danville Middle School.

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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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