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Off market
Street View
  • $212,900

    405 W State St, Ashley, IN 46705

    6beds
    2,125sqft
    MultiFamily
    Built in 1957
    -- sqft lot
    $212,900 Zestimate®
    $100/sqft
    $1,495 Estimated rent

    Home value

    $212,900

    $185,000 - $243,000

    $1,495/mo

    Zestimate® history
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    $1,307/mo

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    What's special

    POSSIBILITIES ARE ENDLESS! Keep this as an extremely profitable Triplex OR easily convert it back to a huge 2125 sq foot single family home, your choice! It's been a money making triplex for years but the tenants are now on a month to month so the potential buyers can leave it as is and pull in $1500 a month (making over 10% on your investment), or move in one of the units while renting the other two, or just open it back up to the sprawling 2125 square foot ranch it was built as. Currently it's a 3 bedroom on one end, a 2 bedroom in the middle, and an efficiency on the the other end. Brick and Vinyl exterior and a brand new METAL roof, plenty of parking, big back yard on 4 parcels. This property is cross listed in "investment" properties as a multifamily MLS #201644540.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
    • Basement: None
    • Has fireplace: Yes
    • Fireplace features: masonry
    Interior area
    • Total interior livable area: 2,125 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl, Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.46 Acres
    Details
    • Parcel number: 761131430230000018

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    • Roof: Metal
    Condition
    • Year built: 1957

    Utilities & green energy

    • Sewer: City

    Community & neighborhood

    Location
    • Region: Ashley

    Other

    Other facts
    • Sale/Rent: For Sale
    • COOLING: Central Air, Window
    • EXTERIOR: Vinyl, Brick
    • HEATING/FUEL: Forced Air, Gas, Electric
    • LOT DESCRIPTION: Level
    • 3rd Bdrm Level: Main
    • 1st Bdrm Level: Main
    • 2nd Bdrm Level: Main
    • Style: One Story
    • Platted Y/N: Yes
    • Assoc. Dues Frequency: Not Applicable
    • Laundry Level: Main
    • Township: Steuben
    • Association ID: Northeastern Indiana AOR
    • Fireplace Y/N: Yes
    • Water Utility: City
    • Sewer: City
    • BASEMENT/FOUNDATION: Slab
    • FIREPLACE: Living/Great Rm
    • Owner RE License Y/N: Yes

    Price history

    DateEventPrice
    11/18/2016Listing removed$125,000$59/sqft
    Source: RE/MAX Results - Angola office #201644953 Report a problem
    10/26/2016Listed for sale$125,000$59/sqft
    Source: RE/MAX Results - Angola office #201644953 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,397 -11.9%$153,400 +57.7%
    2024$1,586 -6.4%$97,300 +3.4%
    2023$1,695 -2.3%$94,100 +0.1%
    2022$1,734 $94,000 +8.4%
    2021$1,734 +6.8%$86,700
    2020$1,624 -29.9%$86,700 +6.8%
    2019$2,318 +66.5%$81,200 +4.6%
    2018$1,392 +0.9%$77,600 +11.5%
    2017$1,380 +3.1%$69,600 +1%
    2016$1,338 -0.3%$68,900 +2.7%
    2014$1,342 -1%$67,100 -1%
    2013$1,356 +5.1%$67,800 +5.1%
    2012$1,290 -11.4%$64,500 -11.4%
    2011$1,456 $72,800
    2010$1,456 $72,800
    2009$1,456 -24.8%$72,800 -17.5%
    2007$1,937 +6.8%$88,200 +0.2%
    2006$1,815 $88,000

    Find assessor info on the county website

    Neighborhood: 46705

    Nearby schools

    GreatSchools rating
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