$375,000

601 S Heaton St Knox, IN 46534

Estimated payment $2,351/month

Total Views 4,934
2 Beds
1.5 Baths
1,250 Sq Ft
$300 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

THIS IMPRESSIVE BRICK COMMERCIAL /INVESTMENT BUILDING OFFERS UNIQUE OPPORTUNITY FOR BUSINESSES...seeking a professional space with ample amenities! Located on BUSY US 35! Ideal for office use and offers additional income in a seperate rental building. COULD BE 3 SEPARATE RENTALS-OFFICE SPACE, STUDIO APT AND 2 BDRM APT. Main building currently used as real estate office. Includes 3 privates offices, reception area, secretary workspace, conference room with kitchenette, 2 restrooms, misc open spaces and ample storage spaces. Included is lighted exterior pole sign frame with message board. 10 paved parking spaces. Both buildings have new shingles and are well maintained. (Property is broker owned.) Don't miss this exceptional opportunity to own a versatile commercial property in a prime location! Serious QUALIFIED inquiries only!

Listing Agent

Vicki Simoni

PREFERRED GROUP REALTORS Brokerage Phone: 574-806-4010 Listed on: 07/18/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x131
  • Corner Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Partially Finished Basement
  • Crawl Space
  • Laundry in Kitchen

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 10 Parking Spaces
  • Paved Parking

Schools

  • Knox Elementary And Middle School
  • Knox High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 75-06-22-402-152.000-004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1,100

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,889

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 125
  • Style: One and Half Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Benders Lot 37
  • Parcel Number ID: 75-06-22-402-152.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Ceilings-Vaulted
  • Location: City/Town/Suburb
  • Monthly Gross Income: 800
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 1874
  • Total Finished Sq Ft: 1250
  • Above Grade Finished Sq Ft: 1250
  • Below Grade Sq Ft: 624
  • Price Per Sq Ft: 300
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Ceramic Tile, Vinyl Tile
  • Total Below Grade Sq Ft: 624

Exterior Features

  • Exterior: Brick
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 10
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Water Sewer Expense: 1100
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Knox Community School Corp.
  • Elementary School: Knox
  • Middle School: Knox
  • High School: Knox
  • Elementary School: Knox

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66x131
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 800
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 3889

MLS Schools

  • High School: Knox
  • Middle School: Knox
  • School District: Knox Community School Corp.

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 $3,890 $148,100 $41,600 $106,500
2023 $3,600 $146,100 $39,600 $106,500
2022 $3,600 $130,700 $36,400 $94,300
2021 $3,359 $121,900 $35,000 $86,900
2020 $3,311 $117,300 $35,000 $82,300
2019 $3,261 $117,300 $35,000 $82,300
2018 $3,183 $114,500 $33,000 $81,500
2017 $3,123 $112,900 $27,200 $85,700
2016 $3,147 $114,200 $27,200 $87,000
2014 $3,077 $111,000 $27,400 $83,600
2013 $3,061 $110,400 $27,400 $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $375,000 -- $300 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202528203

Indiana Regional MLS

APN: 75-06-22-402-152.000-004