1614 South E Street

Elwood, IN 46036

$147,500
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Add this triplex to your portfolio today! Unit 1614 is being rented as a 2 bedroom unit with a long term renter for $600 rent, $575 deposit, and lease ends 2-29-25. Unit 1614.5is a 1 bedroom unit, currently vacant. Unit 1616 is also being rented as a 3 bedroom unit at $600 rent, $800 deposit, and lease ends 11-30-24. Seller pays W/T/S and tenants pay electric& gas. It has street parking and more parking in the rear off the alley. It also features a back patio and covered front porch. Don't miss out...Add this triplex to your portfolio today! Unit 1614 is being rented as a 2 bedroom unit with a long term renter for $600 rent, $575 deposit, and lease ends 2-29-25. Unit 1614.5is a 1 bedroom unit, currently vacant. Unit 1616 is also being rented as a 3 bedroom unit at $600 rent, $800 deposit, and lease ends 11-30-24. Seller pays W/T/S and tenants pay electric& gas. It has street parking and more parking in the rear off the alley. It also features a back patio and covered front porch. Don't miss out on this great investment opportunity!
  1. Listed by Heather Clemmons • Starr Real Estate LLC • propertieswithheather@gmail.com

Property Details for 1614 South E Street

Subdivision Name
No Subdivision
Township
Pipe Creek
LISTING UPDATED: 11/04/2024 09:00 AM

Property Details for 1614 South E Street

StatusActive
MLS #22002818
Days on Market65
Taxes$984 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1890
Lot Size0.16 AC / 6,969 SF
CountyMadison County

Building Information for 1614 South E Street

Stories-Residences3Year Built1890Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 1614 South E Street

Summary
Location and General Information
  • City: Elwood
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46036
  • Postal Code Plus4: 2437
  • Road Access: Not Applic
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 480415203122000027
  • Semi Annual Property Tax Amt: 984
  • Tax Year: 2023
  • TaxLot: 0
School Information
  • School District: Elwood Community School Corp
Owner
  • Owner Pays: Insurance, Lawncare, Taxes, Sewer, Trash Collection, Water
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Size Square Feet: 6930.0
  • Lot Size Acres: 0.16
  • New Construction: False
  • Structure Type: Triplex
  • Year Built Numeric: 1890
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • DPRYN: Yes
  • Legal Subdivision: Bartons 5th 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 15
  • Property Attached: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Crawl Space
  • Roof: Shingle
Interior Features
  • Basement YN: No
  • Cooling: None
  • Heating: Baseboard
  • Levels: One and One Half
Multi Family
Multi-Family Information
  • Total Units: 3
Income & Expenses
  • Expenses: 1968
  • Gross Income: $14,400.00
Unit 1
  • Unit Kitchen: 120
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Kitchen: 120
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Kitchen: 120
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Tenant Pays: Electricity, Gas

Property History for 1614 South E Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1614 South E Street

Taxable ValueLand$10,000Additions$88,400Total$98,400
Tax Record2023$1,968 ($164 / month)
Home Facts
Baths4.5Total Finished SqFt3,514 SqFtAbove Grade Finished SqFt3,514 SqFtStories2Lot Size6,930 SqFtStyleTriplexYear Built1890Year Renovated1949CountyMADISONAPN48-04-15-203-122.000-027

Schools near 1614 South E Street

This home is within Elwood Community School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 6
Public - 7 to 12
Public - 6 to 12
Rating
School
Distance
Elwood Elementary School
PublicPK to 2

Elwood Intermediate School
Public3 to 6

Elwood JR-SR High School
Public7 to 12

John H Hinds Career Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1614 South E Street is a multi-family home for sale in Elwood, IN 46036. This property was listed for sale on September 20, 2024 by Starr Real Estate LLC, it's currently listed at $147,500. It has been on the market for a total of 65 days and was last sold on April 29, 2009. This listing's school district is Elwood Community School Corp. Nearby schools include Elwood Elementary School, Elwood Intermediate School and Elwood JR-SR High School. 1614 South E Street is a 0-bed, 0-bath, multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Starr Real Estate LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.