- – beds
- – baths
- – sqft
- 9,845 sqft lot
- 1936 build
This unique four-unit investment property features three separate buildings: a studio, a 1-bedroom unit, and a duplex. With 2 of 4 units already rented through Section 8, you'll benefit from consistent rental income from day one. Recent updates include new flooring and some plumbing improvements. Tenants enjoy convenient parking and a central location with easy access to local amenities. Whether you're looking to start or grow your portfolio, this property offers immediate income and long-term potential.
Last checked:
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Last updated Jun 4, 2025
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MLS# 22035387 —
The Building
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Year Built:1936
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New Construction:false
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Construction Materials:Stone, Vinyl With Stone
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Foundation Details:Block
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Levels:One
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Basement:false
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Security Features:Smoke Alarm
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Green Certification:No
Interior
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Laundry Features:Connections Some
Location
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Directions:GPS Friendly
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Latitude:39.757834
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Longitude:-86.062662
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Fourplex
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Property Attached:false
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Parcel Number:491011111009000700
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Acres:<1/4 Acre
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Lot Features:Corner Lot
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Lot Size Acres:0.23
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Lot Size SqFt:9,845 Sqft
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Price Per Acre:1478261
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Property Condition:Updated/Remodeled
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Structure Type:Quadruplex
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Fence:No
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Current Use:Apt<20
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Road Access:Frontage Road
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Road Frontage Type:City Street
Listing Agent
- Contact info:
- Agent phone:
- (219) 508-9520
- Office phone:
- (888) 611-3912
Taxes
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Tax Year:2024
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Tax Exemptions:None
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Semi Annual Property Tax Amt:1220
The Listing
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Inspection Warranties:Not Applicable
Heating & Cooling
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Heating:Forced Air
Utilities
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Building Utilities:Sewer,Water
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Solid Waste:No
Schools
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High School District:MSD Warren Township
The Community
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Subdivision Name:No Subdivision
Parking
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Parking:On Street,Paved Area,Unpaved
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Parking Features:Common, Gravel
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/4/25
Jun 4, 2025
|
Price Changed | MIBOR | $340,000 | -2.9% |
5/16/25
May 16, 2025
|
Listed / Active | MIBOR | $350,000 |