$379,000
$20K PRICE DROP

701 N College Ave Rensselaer, IN 47978

Estimated payment $2,196/month

Total Views 29,732
4 Beds
2 Baths
1,820 Sq Ft
$208 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot
  • Van Rensselaer Elementary School Rated 9+

About This Home

Incredible investment opportunity, long established as a very successful cash flowing 5-star AirBnB short term rental. This meticulously maintained, nearly new, duplex was built in 2012. Each unit features an open concept 2 bed, 1 bath design. Heated ceramic tile floors in the bathroom. All appliances can stay, furnishings negotiable. Easily continue operating as the AirBnB, or make one unit a primary residence, or both units as long term rentals - whichever suits your preferences. Each unit comes with an attached 20x13 garage, vinyl privacy fence, and patio. Near downtown Rensselaer, the county court house, restaurants, and only 3 miles to I-65. Showing availability will be based on tenant vacancies. Call to schedule today!

Listing Agent

Cody Miller

Raeco Realty - Monticello Listed on: 03/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,109

Year Built

  • Built in 2012

Lot Details

  • 9,365 Sq Ft Lot
  • Lot Dimensions are 80x117
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,820 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Rensselaer Central Elementary And Middle School
  • Rensselaer Central High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 37-07-19-001-005.002-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,109

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2012
  • Age: 13
  • Style: Detached
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: THOMPSONS ADD 16.50' SW COR PT S 110' LOT 1 BLK 1, THOMPSONS ADD PT S 110' LOT 1 BLK 1
  • Parcel Number ID: 37-07-19-001-005.002-027
  • Platted: Yes
  • Parcel Id2: 37-07-19-000-005.028-027
  • Year Taxes Payable: 2024 pay 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 1820
  • Total Finished Sq Ft: 1820
  • Above Grade Finished Sq Ft: 1820
  • Price Per Sq Ft: 208.24
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 10x10, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Family Room: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 15x15, On Level: Main
  • Bedroom 2: Dimensions: 15x15, On Level: Main
  • Bedroom 3: Dimensions: 15x15, On Level: Main
  • Bedroom 4: Dimensions: 15x15, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x26
  • Garage Sq Ft: 520
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx5, On Level: 5

Schools

  • School District: Rensselaer Central School Corp.
  • Elementary School: Rensselaer Central
  • Middle School: Rensselaer Central
  • High School: Rensselaer Central
  • Elementary School: Rensselaer Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80x117
  • Estimated Lot Sq Ft: 9365
  • Estimated Lot Size Acres: 0.215

Tax Info

  • Annual Taxes: 2109.02

MLS Schools

  • High School: Rensselaer Central
  • Middle School: Rensselaer Central
  • School District: Rensselaer Central 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

Property History

Date Event Price Change Sq Ft Price
06/22/2025 06/22/25 Price Changed $379,000 -5.0% $208 / Sq Ft
03/28/2025 03/28/25 For Sale $399,000 -- $219 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202510386

Indiana Regional MLS