For sale by owner

$359,000

701-703 N College Ave, Rensselaer, IN 47978

4beds

1,820sqft

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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"

12 days

317

7

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

$1,748/mo

Price history

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

Public tax history

Year	Property taxes	Tax 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

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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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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