401 Dogwood Court, Hebron, IN 46341 (MLS# 839450)

401 Dogwood Court, Hebron, IN 46341

$825,000

Property Type: Residential Income Lot Size (sq. ft.): 19,994 Status: Active

Current Price: $825,000 List Date: 5/23/2026 Last Modified: 5/23/2026

Overview

Description

Opportunity meets growth at 401 Dogwood Court in the heart of Hebron. This well-positioned four-unit (quadruplex) offers a strong mix of unit sizes, featuring two spacious 3-bedroom units and two large 2-bedroom units, all with attached garages, making it highly attractive for both tenants and investors seeking versatility and long-term upside. Located in a rapidly evolving area, Hebron is seeing continued development and expansion while still offering a quieter, small-town feel with convenient access to major routes, nearby towns, and the greater Northwest Indiana and Chicagoland corridors. This balance continues to drive demand for quality rental housing. The property presents a compelling value-add opportunity with room to increase rents and maximize returns. New roof, new siding on entire building, new decks on each unit. Building well-maintained by owners. Whether you're expanding your portfolio or entering the multifamily space, this is a strategic investment in a growing marke ... (Read more)

Listing Details MLS# 839450

General Property Information

New Construction YN: No
Number Of Units Total: 4
Above Grade Finished Area: 5791
Living Area Source: Estimated
Year Built: 1998
Garage YN: Yes
Garage Spaces: 8
Accessibility Features YN: No
Lot Size Acres: 0.459
Lot Size Square Feet: 19994
Lot Size Source: Assessor
Association YN: No
Waterfront YN: No
Basement YN: No
Fireplace YN: No

Property Features

Appliances: Dishwasher; Gas Cooktop; Refrigerator Basement: Crawl Space Cooling: Ceiling Fan(s); Central Air Flooring: Carpet; Laminate; Tile Heating: Forced Air Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; High Ceilings; Laminate Counters; Walk-In Closet(s) Laundry Features: Gas Dryer Hookup; Washer Hookup Levels: 2-Sty Listing Terms: Cash; Conventional; Other Lock Box Information: SentriLock Lot Features: Cul-De-Sac Owner Pays: Exterior Maintenance; Grounds Care; HVAC Maintenance; Repairs; Roof Maintenance; Taxes Parking Features: Attached; Driveway; Garage Door Opener; Garage Faces Front Patio And Porch Features: Deck; Rear Porch Pets Allowed: Yes Pool Features: None Possession: Negotiable Roof: Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: None Tenant Pays: All Utilities; Snow Removal; Trash Collection Water Source: Public

Contract Information

Auction YN: No
Original List Price: 825000
Lease Considered YN: No
Property Sub Type: Quadruplex
Listing Agreement: Exclusive Right To Sell
Seller to consider offering concessions: No
Owner Name: Hebron Developers LLC
Occupant Type: Owner

Location Tax and Legal

Street Number: 401
Street Name: Dogwood
Street Suffix: Court
County: Porter
State: IN
Postal Code: 46341
Subdivision Name: Park Place Un 06

Remarks and Miscellaneous

Public Remarks: Opportunity meets growth at 401 Dogwood Court in the heart of Hebron. This well-positioned four-unit (quadruplex) offers a strong mix of unit sizes, featuring two spacious 3-bedroom units and two large 2-bedroom units, all with attached garages, making it highly attractive for both tenants and investors seeking versatility and long-term upside. Located in a rapidly evolving area, Hebron is seeing continued development and expansion while still offering a quieter, small-town feel with convenient access to major routes, nearby towns, and the greater Northwest Indiana and Chicagoland corridors. This balance continues to drive demand for quality rental housing. The property presents a compelling value-add opportunity with room to increase rents and maximize returns. New roof, new siding on entire building, new decks on each unit. Building well-maintained by owners. Whether you're expanding your portfolio or entering the multifamily space, this is a strategic investment in a growing market. Seller says bring your offers! Selling AS-IS.

Status Change Information

Major Change Timestamp: 2026-05-23T13:06:45Z
Major Change Type: New Listing
Status Change Timestamp: 2026-05-23

More Information

Exemption Information

Exemption YN: No

Income and Expenses

Gross Income: 47000
Insurance Expense: 4000
Cable TV Expense: 0
Electric Expense: 0
Gardener Expense: 0
Manager Expense: 0
Pest Control Expense: 0
Pool Expense: 0
Professional Management Expense: 0

Unit Details

Number Of Two Bedroom Units: 2
Number Of Three Bedroom Units: 2

Unit 1

Unit Description: Unit A
Square Feet: 1200
Occupied YN: Yes
# Of Rooms: 8
# Of Bedrooms: 2
# Of Bathrooms: 2
# Of Full Baths: Yes
# Of 3/4 Baths: Yes

Unit 2

Unit Description: Unit B
Square Feet: 1600
Occupied YN: No
# Of Rooms: 7
# Of Bedrooms: 3
# Of Bathrooms: 3
# Of Full Baths: 2
# Of Half Baths: Yes

Unit 3

Unit Description: Unit C
Square Feet: 1600
Occupied YN: Yes
# Of Rooms: 7
# Of Bedrooms: 3
# Of Bathrooms: 3
# Of Full Baths: 2
# Of Half Baths: Yes

Unit 4

Unit Description: Unit D
Square Feet: 1200
Occupied YN: Yes
# Of Rooms: 8
# Of Bedrooms: 2
# Of Bathrooms: 2
# Of Full Baths: Yes
# Of 3/4 Baths: Yes

Showing Requirements

Showing Instructions: Unit B has the lockbox on front door and is currently vacant. Please do not disturb other tenants.

Location, Tax, and Legal

Tax Annual Amount: 7744
Tax Year: 2024
Tax Assessed Value: 417900
Tax Legal Description: PARK PLACE UNIT 6 LOT 401
Parcel Number: 641410226041000002
Zoning Description: Residential
Township: Boone
Directions: South on Route 2 to Parkplace, West on Parkplace, North on Dogwood. Building on right.
Census Tract: 511.01

Appliances

Dishwasher: Yes
Gas Cooktop: Yes
Refrigerator: Yes

Basement

Crawl Space: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Flooring

Carpet: Yes
Laminate: Yes
Tile: Yes

Heating

Forced Air: Yes

Interior Features

Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Eat-in Kitchen: Yes
Entrance Foyer: Yes
High Ceilings: Yes
Laminate Counters: Yes
Walk-In Closet(s): Yes

Laundry Features

Gas Dryer Hookup: Yes
Washer Hookup: Yes

Levels

2-Sty: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Lock Box Information

SentriLock: Yes

Lot Features

Cul-De-Sac: Yes

Parking Features

Attached: Yes
Driveway: Yes
Garage Door Opener: Yes
Garage Faces Front: Yes

Patio And Porch Features

Deck: Yes
Rear Porch: Yes

Pool Features

None: Yes

Possession

Negotiable: Yes

Roof

Shingle: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

None: Yes

Water Source

Public: Yes

Owner Pays

Exterior Maintenance: Yes
Grounds Care: Yes
HVAC Maintenance: Yes
Repairs: Yes
Roof Maintenance: Yes
Taxes: Yes

Pets Allowed

Yes: Yes

Tenant Pays

All Utilities: Yes
Snow Removal: Yes
Trash Collection: Yes

Listing Office: VIA Realty

Last Updated: May - 23 - 2026

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