Closed

$175,000

201 Michigan St, Walkerton, IN 46574

6beds

3,066sqft

Multi Family

Built in 1986

-- sqft lot

$236,800 Zestimate^®

$--/sqft

$1,478 Estimated rent

Home value

$236,800

$208,000 - $270,000

$1,478/mo

Zestimate^® history

Owner options

List your home for rent

$1,478/mo

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$1,478/mo

Rent Zestimate^®

Refinance and save

$1,128/mo

Est. payment

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$1,128/mo

Est. payment

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What's special

Great addition to your investment portfolio! Two Buildings for a total of 5 Units. Value add opportunity with increasing rents and some TLC. Stable, long term tenants in place. Two Units are on Section 8, one year leases, Two Units are Market Tenants on M2M leases. One Unit is Vacant for your choosing. Tenants pay utilities. Owners pay taxes and insurance. Sold As-Is, Seller will not make any repairs. Cash, HM, DSCR, Conventional Pre-Approved Buyers Only. 24 Hours Notice Required.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 5

Heating

Forced Air

Cooling

Wall Unit(s)

Appliances

Included: Gas Water Heater

Features

Laminate Counters
Flooring: Carpet, Laminate
Basement: None

Interior area

Total structure area: 3,066
Total interior livable area: 3,066 sqft
Finished area above ground: 3,066
Finished area below ground: 0

Property

Parking

Total spaces: 5
Parking features: Paved, Private, On Street, Off Street Parking
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1

Lot

Size: 9,604 sqft
Dimensions: 85 X 113
Features: Corner Lot, City/Town/Suburb

Details

Additional structures: None
Parcel number: 711624328001.000015

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Vinyl Siding, Wood Siding
Roof: Rubber,Shingle

Condition

New construction: No
Year built: 1986

Utilities & green energy

Electric: Town of Walkerton
Sewer: City
Water: City, Town of Walkerton
Utilities for property: Cable Available

Community & neighborhood

Security

Security features: Smoke Detector(s)

Location

Region: Walkerton
Subdivision: None

HOA & financial

Other financial information

Total actual rent: 28680

Other

Other facts

Listing terms: Cash,Conventional,Purchase Money Mortgage
Road surface type: Paved

Price history

Date	Event	Price
3/22/2024	Sold	$175,000-10.3%
Source: IRMLS #202329188 Report a problem
3/21/2024	Pending sale	$195,000
Source: IRMLS #202329188 Report a problem
11/22/2023	Price change	$195,000-2%
Source: IRMLS #202329188 Report a problem
9/8/2023	Price change	$199,000-7.4%
Source: IRMLS #202329188 Report a problem
8/15/2023	Listed for sale	$215,000
Source: IRMLS #202329188 Report a problem