$499,900

981 E Washington St Rensselaer, IN 47978

Estimated payment $2,806/month

Total Views 50
12 Beds
6 Baths
4,040 Sq Ft
$124 Price per Sq Ft

Highlights

  • 0.52 Acre Lot
  • Wood Flooring
  • Neighborhood Views
  • Van Rensselaer Elementary School Rated 9+
  • No HOA
  • Front Porch

About This Home

Rare Opportunity for this very well maintained 6 UNIT INCOME PROPERTY in Rensselaer. Across from Van Rensselaer schools. 4040 SF building. Each unit has a living room, eating area, kitchen with gas stove and fridge, 2 bedrooms with hardwood floors, and 1 bath. Each has its own newer boiler for hot water heat, newer window ac unit that is a combination unit with heat on those mornings you need to just knock of the chill without turning on the boiler. The complex has recent updates including new 50 year GAF shingles in 2013, new hot water heaters in 2024, Boilers, fridges and stoves have all been replaced within 10 years. The common laundry has coin operated units including 2 washers, 2 dryers, and a sink. Each unit has a cabinet for their laundry items. Seller pays for the utilities for common laundry only.

Listing Agent

JoAnn McElfresh

Jenkins, REALTORS, INC. License #RB14035248 Listed on: 10/14/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,265

Year Built

  • Built in 1967

Parking

  • 8 Parking Spaces

Interior Spaces

  • 4,040 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Gas Range
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Outdoor Features

  • Front Porch

Utilities

  • Central Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for common area maintenance, taxes, roof maintenance, repairs, insurance, grounds care, exterior maintenance
  • Assessor Parcel Number 370729000058000027

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Electric Expense $400
  • Insurance Expense $3,428
  • Water Sewer Expense $400

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,265

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1967
  • Reso Property Sub Type: Apartment
  • ResoLaundryFeatures: Gas Dryer Hookup, Washer Hookup, Sink, Main Level, Laundry Room
  • ResoLotFeatures: Rectangular Lot
  • Reso View: Neighborhood
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Mls Id: NRA452
  • Subdivision Name: none
  • Above Grade Finished Sq Ft: 4040
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Outbuilding
  • WaterExpense: 400.00
  • SewerExpense: 400.00
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Range Hood, Refrigerator, Gas Water Heater, Gas Range
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Carpet, Tile, Linoleum, Hardwood
  • Basement YN: No
  • Full Bathrooms: 6
  • Total Bedrooms: 12

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.52
  • Waterfront: No
  • Patio And Porch Features: Front Porch, Rear Porch
  • Reso Roof: Shingle

Garage/Parking

  • Parking Features: Asphalt
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Individual Units, Unit Control
  • Heating: Central, Individual Unit, Unit Control, Natural Gas, Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Association: No

Schools

  • Junior High Dist: Rensselaer Central

Lot Info

  • Lot Size Sq Ft: 22651
  • Parcel #: 370729000058000027

Rental Info

  • Pets Allowed: No
  • Tenant Pays: All Utilities
  • Owner Pays: Common Area Maintenance, Taxes, See Remarks, Roof Maintenance, Repairs, Insurance, Grounds Care, Exterior Maintenance

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2265

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 400
  • Insurance Expense: 3428

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 List to Sale Price per Sq Ft
10/14/2025 10/14/25 For Sale $499,900 -- $124 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Source: Northwest Indiana Association of REALTORS®

MLS Number: 829313

Northwest Indiana Association of REALTORS®
Indiana Jasper County Rensselaer 47978

981 E Washington St, Rensselaer, IN

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Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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JoAnn McElfresh
Listing Agent
JoAnn McElfresh
Section Image
Jenkins, REALTORS, INC.
(219) 695-8250