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For sale by owner
    • $359,000

    701-703 N College Ave, Rensselaer, IN 47978

    4beds
    1,820sqft
    : 
    $2,162/mo
    Get pre-qualified
    MultiFamily
    Built in 2014
    -- sqft lot
    $-- Zestimate®
    $197/sqft
    $-- HOA

    What's special

    Washer and dryerOutdoor furniture
    View a lot of photos on AIRBNB "RENSSELAER DREAMER" Duplex apartment. Both units are used as short and mid-term rentals currently rented for $2500.00 per month with all utilities, tv, internet, furniture, washer and dryer, outdoor furniture. Occupancy has been very high due to lots of area infrastructure and tourism.
    What the owner loves about this home
    The income! To view more photos search AIRBNB. The units are "Rensselaer Dreamer" and "Nora"
    58 days
    |
    202
    |
    4
    |
    Listed by:

    Property Owner (219) 819-8003

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • 3/4 bathrooms: 2
      Heating
      • Forced air, Other, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Laminate
      • Basement: None
      Interior area
      • Total interior livable area: 1,820 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage - Attached
      Features
      • Exterior features: Vinyl
      • Has view: Yes
      • View description: None
      Lot
      • Size: 8,015 Square Feet
      Details
      • Parcel number: 370719001005002027

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Frame
      • Foundation: Crawl/Raised
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2014

      Community & HOA

      Location
      • Region: Rensselaer

      Financial & listing details

      • Price per square foot: $197/sqft
      • Tax assessed value: $196,700
      • Annual tax amount: $2,109
      • Date on market: 6/21/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,575/mo

        Price history

        DateEventPrice
        6/21/2026Listed for sale$359,000-5.3%$197/sqft
        Source: Owner Report a problem
        9/29/2025Listing removed$379,000
        Source: IRMLS #202510386 Report a problem
        6/22/2025Price change$379,000-5%
        Source: IRMLS #202510386 Report a problem
        3/29/2025Listed for sale$399,000
        Source: IRMLS #202510386 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,109 +0.5%$196,700 +9.9%
        2024$2,100 +28.4%$179,000 +4.1%
        2023$1,635 -5.5%$171,900 +34.9%
        2022$1,731 -1.3%$127,400 +2.7%
        2021$1,753 +2.8%$124,000 -3.4%
        2020$1,704 +1.2%$128,400 -1.2%
        2019$1,685 +10.5%$129,900 -1.2%
        2017$1,525 +0.1%$131,500 -1.8%
        2016$1,523 +2.7%$133,900 +4%
        2014$1,483 -4.5%$128,700 -9.4%
        2013$1,553 +667%$142,000 +663.4%
        2012$203 -28.5%$18,600 -20.2%
        2011$283 +29%$23,300
        2010$219 +3.1%$23,300
        2009$213 $23,300 -47.8%
        2006-- $44,600 +8.5%
        2005-- $41,100
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 47978

        Getting around

        63 / 100
        Somewhat Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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