$274,900

Estimated payment $1,639/month

Total Views 2,468
3 Beds
3 Baths
945 Sq Ft
$291 Price per Sq Ft

Highlights

  • Eat-In Kitchen
  • ADA Inside
  • Ceiling Fan
  • Patio
  • Forced Air Heating System
  • Laundry Facilities

About This Home

THIS COULD BE YOUR CHANCE AT AN INCREDIBLE INVESTMENT OPPORTUNITY! FEATURING 3 INDIVIDUAL UNITS, EACH INCLUDES A KITCHENETTE, BEDROOM, AND A FULL BATHROOM AREA. SHARED LAUNDRY FACILITIES ARE ON SITE ALONG WITH PARKING AREAS. THIS STRUCTURE FEATURES MANY UPDATES INCLUDING REMODELED UNITS AND METAL ROOF. THIS STRUCTURE COULD EASILY BE CONVERTED BACK INTO A RESIDENCE. ALL FURNISHINGS AND APPLIANCES WILL REMAIN WITH THE HOME. THIS PROPERTY IS IN A NICE LOCATION WITH EASY COMMUTES TO THE RESORTS, GOLF COURSES AND DINING. ENJOY VIEWS OF THE NEARBY PARKS OR WALK TO TRAILS THAT ARE MAINTAINED BY THE CITY. ONE YEAR HSA HOME WARRANTY IS PROVIDED AS WELL.

Listing Agent

Matthew Corey

Williams Carpenter Realtors Brokerage Phone: 812-583-2274 Listed on: 08/14/2025

Williams Carpenter Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 1961

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Irregular Lot

Home Design

  • Triplex
  • Poured Concrete
  • Metal Roof
  • Block Exterior
  • Metal Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Partially Finished Basement
  • Block Basement Construction
  • Fire and Smoke Detector
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Private Parking
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Springs Valley Elementary School
  • Springs Valley Jr/Sr Middle School
  • Springs Valley Jr/Sr High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • ADA Inside
  • Patio
  • Suburban Location

Listing and Financial Details

  • Home warranty included in the sale of the property
  • The owner pays for building insurance, electric, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 59-05-34-103-012.000-003

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $3,600
  • Insurance Expense $6,000
  • Maintenance Expense $2,000
  • Trash Expense $1,000
  • Water Sewer Expense $3,000

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,244

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1961
  • Age: 64
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: WEST BADEN SPRINGS ADD 12-13.
  • Parcel Number ID: 59-05-34-103-012.000-003
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, ADA Features, Off Street Parking, Near Walking Trail, Cable Ready, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Home Warranty Included, Patio Open, Water Heater Electric, Washer Hook-Up, Custom Cabinetry
  • Location: City/Town/Suburb
  • Monthly Gross Income: 25500
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 1239
  • Total Finished Sq Ft: 945
  • Above Grade Finished Sq Ft: 945
  • Below Grade Sq Ft: 294
  • Price Per Sq Ft: 290.9
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block, Poured Concrete
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 294
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Block, Metal, Vinyl
  • Roof Material: Metal
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Private

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Cable Company: Smithville Communications
  • Annual Electric: 3600
  • Annual Insurance Expense: 6000
  • Annual Maintenance Expense: 2000
  • Annual Trash Expense: 1000
  • Annual Water Sewer Expense: 3000
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • School District: Springs Valley Community Schools
  • Elementary School: Springs Valley
  • Middle School: Springs Valley Jr/Sr
  • High School: Springs Valley Jr/Sr
  • Elementary School: Springs Valley

Lot Info

  • Lot Description: Irregular, Level, 0-2.9999
  • Lot Dimensions: IRREGULAR
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23

Rental Info

  • Lease Term: Month to Month, Renewal Options
  • Owner Pays: Building Insurance, Electric, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Deposit Value

Multi Family

  • Gross Monthly Rent: 2550
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of Efficiencies: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2244.48

MLS Schools

  • High School: Springs Valley Jr/Sr
  • Middle School: Springs Valley Jr/Sr
  • School District: Springs Valley Community 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 $2,138 $106,000 $10,100 $95,900
2023 $3,075 $100,800 $9,800 $91,000
2022 $1,882 $94,100 $9,500 $84,600
2021 $1,286 $64,300 $9,000 $55,300
2020 $1,315 $65,100 $8,400 $56,700
2019 $1,218 $60,300 $8,200 $52,100
2018 $1,204 $59,600 $8,100 $51,500
2017 $1,170 $58,500 $8,100 $50,400
2016 $1,166 $58,300 $7,900 $50,400
2014 $1,214 $60,700 $7,800 $52,900
2013 $1,214 $60,800 $7,800 $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $274,900 +786.8% $291 / Sq Ft
10/11/2019 10/11/19 Sold $31,000 -27.7% $33 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $42,900 -- $45 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 Credit Line Revolving
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202532275

Indiana Regional MLS

APN: 59-05-34-103-012.000-003