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Beth Neeley · Down Home Real Est & Auction

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Buy a houseat 6085 State Road 42, Poland, IN 47868

$185,000

$0/mo

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Residential

1,560 Sq. Ft.

0.83 Acres lot

4 Bedrooms

2 Bathrooms

94 Days on market

21997111 MLS ID

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About 6085 State Road 42 house

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.
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.

Property details

Appliances

None

Construction materials

Vinyl Siding

Cooling

Window Unit(s)

Current financing

FHA

USDA

Foundation details

Slab

Heating

Baseboard

Horse amenities

None

Levels

One

Syndicate to

Homes.com

Realtor.com

Monthly cost

Estimated monthly cost

$1,193/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Schools

This home is within the Cloverdale Community Schools.

Cloverdale enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$173,900

+$5,550

$179,450

Seller agent commission$5,550 (3%)*

$0 (0%)

Buyer agent commission$5,550 (3%)*

$5,550 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 1:32 p.m.

Data updated: Aug 20, 2024 at 2:16 p.m.

Courtesy of Down Home Real Est & Auction.
Information Deemed Reliable But Not Guaranteed.
Listing Information © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.

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