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  • $205,000

    602 Hutchins Ave, Columbus, IN 47201

    5beds
    4baths
    --sqft
    Multi Family
    Built in 1895
    -- sqft lot
    $250,700 Zestimate®
    $--/sqft
    $693 Estimated rent

    Home value

    $250,700

    $223,000 - $278,000

    $693/mo

    Zestimate® history
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    $693/mo

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    What's special

    Great opportunity for a great investment! So much character and original storage closets and built ins. There are a total of 4 units that have been consistently been bringing in total rents of $2325. These rates have not been adjusted for several years so there is plenty of room for adjustment. 3 units in the main building are currently vacant so you can do whatever you'd like with them! Immediately start leasing them, make changes to them if you desire, or convert back to a single family home and leave the back studio as an income opportunity. Studio is occupied by a very long term faithful renter. Landlord pays water for the main building. Studio renter pays water. All units pay electric separately. Great location convenient to Cummins plant and downtown. So much space for a great price means you can be creative and use it to earn even more!

    Zillow last checked:

    Listing updated:

    Listed by:

    Candace Hester 317-509-6680,

    eXp Realty LLC

    Bought with:

    Candace Hester

    eXp Realty LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 21999918MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Features
    • Basement: Cellar

    Property

    Parking
    • Parking features: None, Detached
    • Details: Unit Parking(On Street)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: 039619310010400005
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1895

    Community & HOA

    Community
    • Subdivision: Original Town Of Columbus
    Location
    • Region: Columbus

    Financial & listing details

    • Tax assessed value: $172,800
    • Annual tax amount: $4,780
    • Date on market: 9/5/2024
    • Cumulative days on market: 41 days

    Price history

    DateEventPrice
    7/22/2026Listing removed$825
    Source: Zillow Rentals Report a problem
    7/4/2026Price change$825-10.8%
    Source: Zillow Rentals Report a problem
    4/30/2026Listed for rent$925+5.7%
    Source: Zillow Rentals Report a problem
    8/19/2025Listing removed$875
    Source: Zillow Rentals Report a problem
    8/15/2025Price change$875-5.4%
    Source: Zillow Rentals Report a problem
    8/5/2025Listed for rent$925
    Source: Zillow Rentals Report a problem
    11/4/2024Sold$205,000-14.2%
    Source: MIBOR as distributed by MLS GRID #21999918 Report a problem
    10/16/2024Pending sale$239,000
    Source: MIBOR as distributed by MLS GRID #21999918 Report a problem
    9/5/2024Listed for sale$239,000
    Source: MIBOR as distributed by MLS GRID #21999918 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,886 -18.7%$172,800
    2024$4,780 +6.8%$172,800 -17.9%
    2023$4,478 -1.3%$210,400 +6.4%
    2022$4,535 +43.9%$197,700 -0.4%
    2021$3,152 +14.5%$198,400 +43.7%
    2020$2,753 -15.8%$138,100 +7.1%
    2019$3,272 +16.4%$129,000
    2018$2,811 -0.3%$129,000
    2017$2,820 +20.1%$129,000
    2016$2,347 -2%$129,000 +19.7%
    2014$2,396 $107,800
    2013$2,396 +9.9%$107,800 +9.6%
    2012$2,180 +1.3%$98,400 +0.5%
    2011$2,151 -1%$97,900
    2010$2,174 +11%$97,900
    2009$1,958 $97,900 +4.7%
    2005-- $93,500
    Find assessor info on the county website

    Neighborhood: 47201

    Nearby schools

    GreatSchools rating
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