580 Indiana Ave Aurora, IN 47001
Estimated payment $1,490/month
Highlights
- View of Trees or Woods
- Deck
- No HOA
- Cape Cod Architecture
- Partially Wooded Lot
- Landscaped
About This Home
Investor opportunity! Fully occupied 3 family property located at 580 Indiana Ave, Aurora, In. This well maintained triplex offers stable rent income with all leases secured through 2026. Property features a 2 bed/1 bath unit and two- 1 bed/1 bath units. Tenants pay utilities. Landlord pays water and trash (aprox $100 mo). Strong rental history, long term tenants, all modern updates make this an excellent addition to any investors portfolio. Capital improvements include: new roof, gutters, new windows, high efficiency gas furnace, central air, new water heaters. All capital improvements listed in attached documents.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,122
Year Built
- Built in 1940
Lot Details
- 8,712 Sq Ft Lot
- Landscaped
- Level Lot
- Partially Wooded Lot
Home Design
- Cape Cod Architecture
- Block Foundation
- Plaster Walls
- Fire Rated Drywall
- Shingle Roof
- Built-Up Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 2,607 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Vinyl Clad Windows
- Insulated Windows
- Views of Woods
- Partial Basement
- Fire and Smoke Detector
- Laundry in unit
Kitchen
- Oven or Range
- Dishwasher
Parking
- 6 Parking Spaces
- No Garage
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Deck
Utilities
- Central Air
- Mini Split Air Conditioners
- Furnace
- Heating System Uses Gas
- Separate Meters
- Electric Water Heater
Listing and Financial Details
- Homestead Exemption
- Tax Lot 12
- Assessor Parcel Number 003-000700-00
Community Details
Overview
- No Home Owners Association
- 3 Units
- Southeastern Indiana Board Association
- Radds Add Subdivision
Building Details
- Insurance Expense $800
- Water Sewer Expense $100
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 | $2,122 | $100,800 | $10,600 | $90,200 |
| 2023 | $1,984 | $93,900 | $10,600 | $83,300 |
| 2022 | $1,842 | $86,800 | $10,600 | $76,200 |
| 2021 | $1,714 | $80,400 | $10,600 | $69,800 |
| 2020 | $1,216 | $55,500 | $10,600 | $44,900 |
| 2019 | $1,110 | $50,200 | $10,600 | $39,600 |
| 2018 | $1,108 | $50,100 | $10,600 | $39,500 |
| 2017 | $1,100 | $49,700 | $10,600 | $39,100 |
| 2016 | $845 | $41,200 | $2,100 | $39,100 |
| 2014 | $824 | $41,200 | $2,100 | $39,100 |
| 2013 | $824 | $47,800 | $2,100 | $45,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2025 10/15/25 | For Sale | $249,900 | -- | $96 / Sq Ft | |
| 01/18/2021 01/18/21 | Sold | -- | -- | -- | View Prior Sale |
| 12/19/2020 12/19/20 | Pending | -- | -- | -- | |
| 06/23/2020 06/23/20 | For Sale | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $63,000 | None Available | |
| Warranty Deed | -- | -- |
Source: Southeastern Indiana Board of REALTORS®
MLS Number: 206168
APN: 15-12-06-201-014.000-003
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