Awesome 12 Bedroom Development for sale in Loogootee, Indiana. Consisting of 2 Newer Duplexes that are fully rented. If you have been thinking Low Maintenance, High Cap Rate, Great Location; Look In. This one could be a great Cash Cow for years to come for you and your grandchildren. It is well situated to benefit from all the Growth at Crane Naval Base, as well as Strong Rental Markets in Loogootee, Jasper, and Washington. Property is at 100% Occupancy & currently producing over $52,000 annual revenue!
Closed
$425,000
501 SW 3rd St, Loogootee, IN 47553
6beds
2,200sqft
Duplex
Built in 2024
-- sqft lot
$411,800 Zestimate®
$--/sqft
$1,478 Estimated rent
Home value
$411,800
$391,000 - $432,000
$1,478/mo
Zestimate® history
Owner options
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$1,478/mo
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$2,520/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Delmar W Wagler Office:812-636-5600,
Integrity Realty Group LLC
Bought with:
Delmar W Wagler, RB14043050
Integrity Realty Group LLC
Source: IRMLS,MLS#: 202610289
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air
Features
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
- Finished area above ground: 2,200
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Off Street Parking
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.34 Acres
- Features: Level
Details
- Additional structures: None
- Additional parcels included: 5108-24-300-207.000-008
- Parcel number: 510824300208.000008
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Metal Siding, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Loogootee
Financial & listing details
- Tax assessed value: $8,800
- Annual tax amount: $340
- Date on market: 3/27/2026
- Inclusions: Building, Land
- Lease term: Other
- Total actual rent: 52800
- Tenant pays: Electricity, Heating
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Sold | $425,000 |
Source:  IRMLS #202610289 Report a problem | ||
| 4/3/2026 | Pending sale | $425,000 |
Source: IRMLS #202610289 Report a problem | ||
| 3/27/2026 | Listed for sale | $425,000+1321.4% |
Source: IRMLS #202610289 Report a problem | ||
| 2/5/2015 | Listing removed | $29,900$14/sqft |
Source: CENTURY 21 Classic Realty #201435358 Report a problem | ||
| 8/14/2014 | Listed for sale | $29,900+15%$14/sqft |
Source: CENTURY 21 Classic Realty #201435358 Report a problem | ||
| 11/16/2007 | Sold | $26,000$12/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $170 -3.5% | $8,800 +3.5% |
| 2024 | $176 +3.7% | $8,500 +3.7% |
| 2023 | $170 -10.9% | $8,200 +1.2% |
| 2022 | $191 +25.4% | $8,100 +3.8% |
| 2021 | $152 -15.1% | $7,800 +2.6% |
| 2020 | $179 +2.1% | $7,600 -12.6% |
| 2019 | $175 -7.8% | $8,700 +2.4% |
| 2018 | $190 +1.5% | $8,500 +4.9% |
| 2017 | $187 | $8,100 +1.3% |
| 2016 | $187 -12.7% | $8,000 -11.1% |
| 2014 | $215 +2.9% | $9,000 +1.1% |
| 2013 | $209 -23.1% | $8,900 -33.6% |
| 2012 | $272 +50.8% | $13,400 +48.9% |
| 2011 | $180 +1.1% | $9,000 +1.1% |
| 2010 | $178 +34.8% | $8,900 +34.8% |
| 2009 | $132 | $6,600 |
Find assessor info on the county website
Neighborhood: 47553
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Loogootee Elementary SchoolGrades: K-4Distance: 0.2 mi
- 7/10Loogootee Middle SchoolGrades: 5-8Distance: 0.2 mi
- 6/10Loogootee Jr/Sr High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Loogootee
- Middle: Loogootee
- High: Loogootee
- District: Loogootee Community S.D.
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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- Indiana
- Martin County
- Loogootee
- 47553
- 501 SW 3rd St
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