NOT LISTED FOR SALE

7408 W 400 N Rochester, IN 46975

8 Beds
4 Baths
3,200 Sq Ft
1.18 Acres

Last Sold April 12, 2024

Last sale price $250,000 $78 Per Sq Ft

61 Days on Market

Highlights

  • Ranch Style House
  • Tile Flooring
  • Baseboard Heating
  • Bathtub with Shower
  • Ceiling Fan
  • Level Lot

About This Home

As of April 2024

Profitable Investment Opportunity! This fully leased 4-unit apartment building (2 duplexes) is located in Leiters Ford, IN. These well-maintained buildings have many newer updates including windows, doors, flooring, light fixtures, paint, and more! The roof was updated within the last 7-8 years. Each unit is 800 sq ft comprised of two bedrooms, a spacious kitchen & living room, and a full bathroom. There's ample parking for the tenants and all appliances stay with the apartments. If you are looking to expand your rental portfolio, a .5-acre lot is included in the sale and is a perfect location to build more apartments.

Last Agent to Sell the Property

Lisa Malchow

RE/MAX SELECT REALTY Listed on: 01/31/2024

RE/MAX SELECT REALTY

Last Buyer's Agent

Mariah Yochum

COLLINS and CO. REALTORS - CULVER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1981

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 190 x 270
  • Level Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,200 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Location

  • Suburban Location

Schools

  • Culver Elementary And Middle School
  • Culver High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 25-01-23-400-022.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1981
  • Age: 43
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 16
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: TR SE 23-31-1 .58A Se Cor W1/2 Sw Se 23-31-1 .60a Total (.50a & .10a)
  • Parcel Number ID: 25-01-23-400-022.000-001
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Range/Oven Hook Up Elec, Tub/Shower Combination
  • Location: City/Town/Suburb
  • Parcel Id2: 25-01-23-400-022.010-001
  • Sp Lp Percent: 94.34
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3200
  • Total Finished Sq Ft: 3200
  • Above Grade Finished Sq Ft: 3200
  • Price Per Sq Ft: 78.13
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Bedroom 4: Dimensions: 12x10, On Level: Main
  • Bedroom 5: Dimensions: 12x11, On Level: Main
  • Number of Main Level Full Bathrooms: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Culver Community Schools Corp.
  • Elementary School: Culver
  • Middle School: Culver
  • High School: Culver
  • Elementary School: Culver

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 190 x 270
  • Estimated Lot Sq Ft: 51401
  • Estimated Lot Size Acres: 1.18

Tax Info

  • Annual Taxes: 2500

MLS Schools

  • High School: Culver
  • Middle School: Culver
  • School District: Culver Community Schools Corp.

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
04/12/2024 04/12/24 Sold $250,000 -5.7% $78 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $265,000 -- $83 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202403126

Indiana Regional MLS

APN: 25-01-23-400-022.000-001