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  • $700,000

    10870 Private Road 570 W, Poland, IN 47868

    20beds
    10baths
    --sqft
    Multi Family, Duplex
    Built in 1986
    -- sqft lot
    $718,100 Zestimate®
    $--/sqft
    $1,128 Estimated rent

    Home value

    $718,100

    Estimated sales range

    Not available

    $1,128/mo

    Zestimate® history
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    $1,128/mo

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    $1,128/mo

    Rent Zestimate®

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    $3,350/mo

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    $3,350/mo

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    What's special

    MAKE THIS THE YEAR TO GO INTO THE RENTAL BUSINESS! 5 DUPEXES NEAR CATARACT LAKE WITH 10 UNITS ON OVER 6 ACRES, SOME OF WHICH BORDERS GOVERNMENT GROUND AND POSSIBLY MORE ROOM TO BUILD MORE DUPLEXES ON THIS PROPERTY! These could convert easily to 4BR 2BA homes but the rental income is there! Seller is currently remodeling units as tenants go out and raising rents to a reasonable amount. The need for rentals is ALWAYS THERE AND THIS IS DOWN BY THE LAKE! Go boating, fishing and swimming! The state boat dock launch ramp is down the road with a little country diner who had donuts and GREAT BISCUITS AND GRAVY last time I stopped. The 2 duplexes on State Hwy 42 are part of a HOA that a possibility of renting a boat dock if there was an opening. Rhetta Jeans at Poland for breakfast so East or West you got good food covered! I-70 is a great commute for Indy, Bloomington, Terre Haute and you get to be down by one of the most beautiful lakes in Indiana! Employment for your tenants can be found at the factories within 30 minutes away. Additional almost 4 acres can be bought that is adjacent to the duplexes for $65,000 and has the MOST BEAUTIFUL BUILDING SITE ON IT THAT THRU THE LEAVES YOU GET TO SEE THE LAKE BECAUSE IT BORDERS HARD TO FIND GOVERNMENT PROPERTY! Cataract water. Endeavor High Speed Fiber Internet! 2 Hardware stores with lumber within 15 minutes for project runs! This is the place to start your next investment!

    Zillow last checked:

    Listing updated:

    Listed by:

    Beth Neeley 765-376-6240,

    Down Home Real Est & Auction

    Bought with:

    Beth Neeley

    Down Home Real Est & Auction

    Source: MIBOR as distributed by MLS GRID,MLS#: 22035165MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 10
    Heating
    • Baseboard
    Cooling
    • Window Unit(s)
    Features
    • Has basement: No

    Property

    Lot
    • Size: 6.02 Acres
    Details
    • Additional parcels included: 600329200090720019
    • Parcel number: 600329400200110019

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Condition
    • New construction: No
    • Year built: 1986
    Details
    • Builder name: Stanfield

    Community & HOA

    Community
    • Subdivision: No Subdivision
    Location
    • Region: Poland

    Financial & listing details

    • Tax assessed value: $254,900
    • Annual tax amount: $9,130
    • Date on market: 10/11/2025
    • Cumulative days on market: 129 days
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    10/10/2025Sold$700,000-6.7%
    Source: MIBOR as distributed by MLS GRID #22035165 Report a problem
    4/27/2025Listed for sale$750,000+42.9%
    Source: MIBOR as distributed by MLS GRID #22035165 Report a problem
    8/1/2024Listing removed$525,000
    Source: IRMLS #202409510 Report a problem
    3/22/2024Listed for sale$525,000
    Source: MIBOR as distributed by MLS GRID #21970157 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,338 -8.4%$254,900 +12.5%
    2024$3,645 +5.5%$226,600 +5.3%
    2023$3,455 +0.6%$215,100 +8.3%
    2022$3,433 +4.3%$198,600 +15.6%
    2021$3,292 +17.6%$171,800 +4.4%
    2020$2,800 +11.4%$164,600 +17.6%
    2019$2,514 +12.1%$140,000 +11.4%
    2018$2,242 -2%$125,700 +12.1%
    2017$2,288 $112,100 -2%
    2016$2,288 +6.7%$114,400 +7.7%
    2014$2,144 +0.9%$106,200 +0.9%
    2013$2,124 +98.5%$105,300 +96.8%
    2012$1,070 +15%$53,500 +3.1%
    2011$930 -10.4%$51,900
    2010$1,038 $51,900
    2009$1,038 -4.9%$51,900 +1.2%
    2007$1,092 +6.8%$51,300 +0.6%
    2006$1,023 $51,000
    Find assessor info on the county website

    Neighborhood: 47868

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cloverdale Elementary School
    • Middle: Cloverdale Middle School
    • High: Cloverdale High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $718,100
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    +$14,362
    With Zillow Showcase(estimated)
    $732,462