Properties

6065 STATE ROAD 42 Road, Poland, Indiana 47868 MLS 202431830

0.54 acre - 6065 STATE ROAD 42 Road, Poland, Indiana 47868

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Property Description

This home could be converted to a 4BR 2BA home or could be the income opportunity near Cataract Lake you been looking for. Many possibilities, but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4 bedroom 2 bath home and bought with a low down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental is available or in a short distance the state boat dock ramp for Cataract lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant. Room measurements are approximate and realize they are for a duplex and kitchen would be converted into a bigger size.

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 202431830
Price : $185,000
Bedrooms : 4
Rooms : 8
Bathrooms : 2
Half Bathrooms : 0
Year Built : 1992
Lot Area (ACRES) : 0.54
Total Finished SqFt : 1,560
Address Map
Country : US
State : IN
City : Poland
Area : Owen County
Subdivision : Other
Zipcode : 47868
Street : STATE ROAD 42
Street Number : 6065
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Additional Details
Property SubType : Site-built home
Status : Active
Pool Y/N : No
Style : One story
School District : Cloverdale community schools
Elementary : Cloverdale
Middle School : Cloverdale
High School : Cloverdale
Waterfront Y/N : No
New Construction : No
Investment Property Y/N : Yes
Lot Dimensions : IRREGULAR
# of Fireplaces : 0
Main Level SqFt : 0
Approx. Lot Size SqFt : 23,522
Total Baths : 2
Annual Taxes : $760
Association Dues $ : $380
Other Fees $ : $0
Garage Y/N : No
Fireplace Y/N : No
Garage Type : Detached
Laundry Level : Main
Water Utility : City
Sewer : Septic
REO Y/N : No
Basement Y/N : No
LOT DESCRIPTION : Irregular
EXTERIOR : Vinyl
BASEMENT/FOUNDATION : Slab
HEATING/FUEL : Electric, Baseboard
COOLING : Window
ARCHITECTURAL STYLE : Ranch, Duplex
BASEMENT MATERIAL : Poured concrete
Age : 32

Listing provided courtesy of: Down Home Real Estate & Auction LLC, Beth Neeley.

Residential For Sale
  • Listing ID : 202431830
  • Bedrooms : 4
  • Bathrooms : 2
  • Lot Area (ACRES) : 0.54 acre
  • Visits : 0 in 98 days
$185,000
Agent info
Keith Realty & Auction Group
2411 River Road, Spencer, IN 47460
Contact Agent

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