$269,900

8895 W State Road 56 French Lick, IN 47432

Estimated payment $1,774/month

Total Views 317
6 Beds
4 Baths
3,408 Sq Ft
$79 Price per Sq Ft

Highlights

  • Porch
  • Baseboard Heating
  • Carpet
  • Forced Air Heating System
  • Level Lot

About This Home

Welcome to your next investment in the charming town of French Lick. Close to the casino, golf course and all the amenities French Lick and West Baden have to offer. There are 2 one bedroom units and 2 two bedroom units. The units have been recently updated with new bathrooms and new flooring and fresh paint. Current gross monthly rents are $3000.00. All units are currently leased. There is a washer and dryer available for tenant use. This investment will provide long term stability in an area that is rapidly becoming more popular. Don't miss out!

Listing Agent

Lucas Neuffer

Pinnacle Realty Group Brokerage Phone: 812-306-4709 Listed on: 08/15/2025

Pinnacle Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,100

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3,408 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 59-12-03-304-008.000-002

Community Details

Overview

  • 4 Units
  • H E Wells Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,100

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1930
  • Age: 95
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: H.E. WELLS ADD 8 Orange County and H.E. WELLS ADD PT 7
  • Parcel Number ID: 59-12-03-304-008.000-002
  • Platted: Yes
  • Amenities: Porch Open
  • Monthly Gross Income: 3000
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 3408
  • Total Finished Sq Ft: 3408
  • Above Grade Finished Sq Ft: 3408
  • Price Per Sq Ft: 79.2
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Water Sewer Expense: 3000
  • Number Electric Meters: 4
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • 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: Level
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 3000
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 4100

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

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $269,900 -- $79 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202532521

Indiana Regional MLS