406 W Indiana Street, Kouts, IN 46347
$730,000
Property Type:
Residential Income
Bedrooms:
16
Lot Size (sq. ft.):
53,579
Status:
Closed
Current Price:
$730,000
List Date:
7/12/2024
Last Modified:
9/11/2024
Overview
Description
Listing Details MLS# 806696
General Property Information
- New Construction YN
- No
- Number Of Units Total
- 8
- Bedrooms Total
- 16
- Bathrooms Full
- 8
- Above Grade Finished Area
- 7296
- Year Built
- 1997
- Garage YN
- No
- Lot Size Acres
- 1.23
- Lot Size Square Feet
- 53579
- Lot Size Source
- Assessor
- Below Grade Finished Area
- 0
Property Features
Appliances:
Dishwasher; Gas Range; Microwave; Refrigerator; Washer/Dryer Stacked
Cooling:
Central Air
Exterior Features:
None
Flooring:
Carpet; Linoleum; Tile
Heating:
Forced Air; Natural Gas
Interior Features:
Open Floorplan
Levels:
2-Sty
Listing Terms:
Cash; Conventional
Lot Features:
Few Trees; Paved
Owner Pays:
Sewer; Trash Collection; Water
Parking Features:
Asphalt
Possession:
Close Of Escrow
Sewer:
Public Sewer
Tenant Pays:
Electricity; Gas
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 730000
- Property Sub Type
- Apartment
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Mslee Rental Properties LLC
Location Tax and Legal
- Street Number
- 406
- Street Direction Prefix
- W
- Street Name
- Indiana
- Street Suffix
- Street
- County
- Porter
- State
- IN
- Postal Code
- 46347
- Subdivision Name
- Madyson Apartments
Remarks and Miscellaneous
- Public Remarks
- Ready to own your very own apartment community with room to expand future development? In the center of Kouts, not far from bustling Valparaiso, this property includes 2 buildings with 8 units total featuring 2 bed 1 bath and private parking lot between. 6 total parcels included with sale. Average rent $867 per month with all units currently occupied. Tenants pay gas and electric. Updates through out the last several years and professionally managed for an easy transition. Add this wonderful opportunity to your rental portfolio!
Status Change Information
- Major Change Timestamp
- 2024-09-11T01:04:13Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2024-09-10
- Offer Acceptance Date
- 2024-07-12
- Close Date
- 2024-09-10
- Close Price
- 730000
- Concessions
- No
- Buyer Financing
- Other
More Information
Exemption Information
- Exemption YN
- No
Unit 1
- Unit Description
- A1
Unit 2
- Unit Description
- A2
Unit 3
- Unit Description
- A3
Unit 4
- Unit Description
- A4
Unit 5
- Unit Description
- B1
Unit 6
- Unit Description
- B2
Unit 7
- Unit Description
- B3
Unit 8
- Unit Description
- B4
Location, Tax, and Legal
- Tax Annual Amount
- 6487
- Tax Year
- 2022
- Tax Assessed Value
- 351200
- Tax Legal Description
- W226.45 SE SE S OF RR 7-33-5 1.23A DITCH DR478 P116
- Parcel Number
- 64-16-07-477-016.000-014
- Additional Parcels YN
- Yes
- Additional Parcels Description
- 64-16-07-477-010.000-014 See documents for all parcels included with sale
- Township
- Pleasant
- Directions
- From 49 south, go south on Indiana and right into property
- Census Tract
- 511.02
Appliances
- Dishwasher
- Yes
- Gas Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer/Dryer Stacked
- Yes
Cooling
- Central Air
- Yes
Exterior Features
- None
- Yes
Flooring
- Carpet
- Yes
- Linoleum
- Yes
- Tile
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Interior Features
- Open Floorplan
- Yes
Levels
- 2-Sty
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Few Trees
- Yes
- Paved
- Yes
Parking Features
- Asphalt
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Owner Pays
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
Listing Office:
Brokerworks Group
Last Updated: September - 11 - 2024
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