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Active under contract
  • $129,900

    305 S Clay St, Claypool, IN 46510

    4beds
    1,728sqft
    : 
    $850/mo
    Get pre-qualified
    Duplex
    Built in 1999
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fully Vacant Duplex – Investor Opportunity! Attention investors and owner-occupants! This fully vacant up/down duplex offers the perfect opportunity to set your own rents or live in one unit while generating income from the other. Each spacious unit features 2 bedrooms, 1 bathroom, and approximately 864 square feet of living space. Both units include refrigerators, stoves, and laundry hookups, while the upstairs unit also includes a dishwasher and a second interior stairwell for proper egress. The utilities are completely separated (minus water and sewer), making this an attractive property for tenants. The upstairs unit is all electric with baseboard heat, and the downstairs unit has gas and electric service with a gas furnace. The property has recently become 100% vacant and needs some minor updates to be rent-ready. The previous owner rented the downstairs unit for $800 per month and the upstairs unit for $750 per month, providing an excellent opportunity to update the property and lease at today's market rates. The seller is highly motivated, creating an outstanding chance to add a cash-flowing duplex to your portfolio or begin your real estate investment journey. Opportunities to purchase a completely vacant duplex are hard to find—schedule your showing today before this one is gone!
    27 days
    |
    726
    |
    54
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Darren A Carnes 574-268-4881,

    Homes Land & Lakes Realty

    Source: IRMLS,MLS#: 202630280MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Ceiling
      Cooling
      • None
      Appliances
      • Laundry: Washer Hookup
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet, Ceramic Tile, Vinyl Tile
      • Has basement: No
      Interior area
      • Total structure area: 1,728
      • Total interior livable area: 1,728 sqft
      • Finished area above ground: 1,728
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Street, Private, Off Street Parking
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 66x132
      • Features: Level
      Details
      • Additional structures: None
      • Parcel number: 431520100128.000002

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Metal Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1999

      Utilities & green energy

      • Electric: NIPSCO
      • Gas: NIPSCO
      • Sewer: City
      • Water: City, Indiana American Water Co
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Claypool

      Financial & listing details

      • Tax assessed value: $144,800
      • Annual tax amount: $2,106
      • Date on market: 7/27/2026
      • Listing terms: Cash,Conventional,Other
      • Inclusions: Building, Land
      • Lease term: None
      • Total actual rent: 18600
      • Tenant pays: Cable TV, Electricity, Fuel, Heating

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,082/mo

        Price history

        DateEventPrice
        7/27/2026Listed for sale$129,900+4266.4%
        Source: IRMLS #202630280 Report a problem
        6/25/2015Listing removed$2,975$2/sqft
        Source: Bid4Assets Report a problem
        4/25/2015Price change$2,975-34.9%$2/sqft
        Source: Bid4Assets Report a problem
        3/28/2015Listed for sale$4,568$3/sqft
        Source: Bid4Assets Report a problem
        3/27/2015Pending sale$4,568$3/sqft
        Source: Bid4Assets Report a problem
        3/14/2015Listed for sale$4,568-76.3%$3/sqft
        Source: Bid4Assets Report a problem
        12/13/1999Sold$19,306$11/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,201 +8%$112,700 +5.8%
        2024$2,037 +1.6%$106,500 +8.6%
        2023$2,004 +35.8%$98,100 +5.6%
        2022$1,476 +2.4%$92,900 +31.6%
        2021$1,441 -3.3%$70,600 -0.6%
        2020$1,489 -31.6%$71,000 -2.2%
        2019$2,177 +26.5%$72,600 +8.5%
        2018$1,721 +35.1%$66,900 -0.3%
        2017$1,274 +16%$67,100 +119.3%
        2016$1,098 -9.7%$30,600 -49.7%
        2014$1,217 -2%$60,800 -1.6%
        2013$1,241 -0.5%$61,800 -0.5%
        2012$1,247 +6.6%$62,100 +6.9%
        2011$1,170 -1.3%$58,100 -1%
        2010$1,186 -2.6%$58,700 -2.8%
        2009$1,217 +242.7%$60,400 -3%
        2007$355 $62,300 -4.7%
        2006-- $65,400 +85.3%
        2005-- $35,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 46510

        Getting around

        18 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Claypool
        • Middle: Edgewood
        • High: Warsaw
        • District: Warsaw Community

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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