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Sold
  • $165,000

    1831 N C St, Elwood, IN 46036

    4beds
    3baths
    --sqft
    Multi Family, Quadruplex
    Built in 1908
    -- sqft lot
    $200,400 Zestimate®
    $--/sqft
    $1,355 Estimated rent

    Home value

    $200,400

    $176,000 - $222,000

    $1,355/mo

    Zestimate® history
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    What's special

    Exclusive basement accessNew roof
    Exciting Investment Opportunity: Prime Rental Property Alert! Seize The Chance To Own A Lucrative Rental Asset, Boasting Four Units With Two Currently Leased Under Flexible Month-To-Month Agreements. Dive Into The Potential Of This Investment By Reaching Out For Detailed Rental Income Insights. This Property Needs Improvements Which Will Drive Higher Rental Income! Property Specifications: Utilities: Each Apartment Benefits From Individual Gas And Electric Meters, While Water Expenses Are Inclusively Managed By The Property Owner. Exterior: Crafted With Durable Vinyl Siding For Easy Maintenance. Composition: This Property Encompasses Four Distinct Apartments, Including A One Apartment Above The Garage. Garage: Lower Section Is Being Utilized For Storing Property Maintenance Tools And Equipment. Financial Overview: Listing Agent Will Provide Financial Details. Apartment A: Fuel: Gas. Layout: 1 Bedroom, 1 Bathroom. Furnace: Vintage Model. Water Heater: Replaced 5 Years Ago. Entry: Front Access. Apartment B: Layout: 1 Bedroom, 1 Bathroom. Water Heater Age: 6-7 Years. Specialty: Exclusive Basement Access. Entry: Rear Access. Apartment C: 2 Bedrooms, 1 Bathroom, Situated Upstairs Of Larger Property Apartment D: Layout: 1 Bedroom, 1 Bathroom. Updates: Benefitted From A New Roof And Furnace In 2023. Layout: 1 Bedroom, 1 Bathroom, Located Above The Garage Additional Insights: Lease Conditions: All Units Are Currently Month-To-Month. Tenant Duties: Tenants Are Responsible For Their Electric And Gas Charges, With Options For Cable Access. Laundry Facilities: Absence Of In-Unit Washers/Dryers. Initial Fees: Tenants Have All Made Initial Payments Covering The First Month's Rent Along With Security Deposits. Electrical System: Features Separate 100 Amp Electrical Panels Per Apartment With Modern Wiring Updates.

    Zillow last checked:

    Listing updated:

    Listed by:

    Albert Stancato 317-504-2663,

    Highgarden Real Estate

    Bought with:

    Jared Smith

    Highgarden Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 21961096MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Cooling
    • Central Air
    Features
    • Basement: Partial,Unfinished

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    • Details: Unit Parking(Unpaved)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 480410304016000027
    • Zoning: Multi-Family
    • Special conditions: As Is,Fixer Upper

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Quadruplex
    Materials
    • Foundation: Block, Partial
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1908

    Community & HOA

    Community
    • Subdivision: No Subdivision
    Location
    • Region: Elwood

    Financial & listing details

    • Tax assessed value: $138,800
    • Annual tax amount: $2,358
    • Date on market: 1/24/2025
    • Cumulative days on market: 220 days
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    6/19/2025Sold$165,000-8.3%
    Source: MIBOR as distributed by MLS GRID #21961096 Report a problem
    5/3/2025Pending sale$179,900
    Source: MIBOR as distributed by MLS GRID #21961096 Report a problem
    1/24/2025Listed for sale$179,900
    Source: MIBOR as distributed by MLS GRID #21961096 Report a problem
    8/14/2024Listing removed$179,900
    Source: MIBOR as distributed by MLS GRID #21961096 Report a problem
    4/16/2024Listing removed--
    Source: MIBOR as distributed by MLS GRID #21961096 Report a problem
    2/19/2024Listed for sale$179,900+619.6%
    Source: MIBOR as distributed by MLS GRID #21961096 Report a problem
    12/12/2014Sold$25,000-16.4%
    Source: MIBOR as distributed by MLS GRID #21324304 Report a problem
    11/11/2014Listed for sale$29,900-33.6%
    Source: LER & PJR d.b.a RYAN Realty #21324304 Report a problem
    10/7/2014Sold$45,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,576 +9.2%$138,800 +7.8%
    2024$2,358 +3.3%$128,800 +9.2%
    2023$2,282 +10.9%$117,900 +3.3%
    2022$2,058 +8.1%$114,100 +10.9%
    2021$1,904 +2.3%$102,900 +8.1%
    2020$1,862 +4.6%$95,200 +2.3%
    2019$1,780 -53%$93,100 +5.2%
    2018$3,784 +80.7%$88,500 +0.6%
    2017$2,093 +7.4%$88,000 -5.7%
    2016$1,950 +96.6%$93,300 +88.1%
    2014$992 $49,600
    2013$992 +2.1%$49,600 +2.1%
    2012$972 $48,600 +3.6%
    2011-- $46,900 -2.1%
    2010$958 -50.5%$47,900 -25.7%
    2009$1,935 $64,500
    Find assessor info on the county website

    Neighborhood: 46036

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