1831 North C Street

Elwood, IN 46036

$179,900
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exciting Investment Opportunity: Prime Rental Property Alert! Seize The Chance To Own A Lucrative Rental Asset, Boasting Four Units With Two Currently Leased Under Flexible Month-To-Month Agreements. Dive Into The Potential Of This Investment By Reaching Out For Detailed Rental Income Insights. This Property Needs Improvements Which Will Drive Higher Rental Income! Property Specifications: Utilities: Each Apartment Benefits From Individual Gas And Electric Meters, While Water Expenses Are Inclusively...Exciting Investment Opportunity: Prime Rental Property Alert! Seize The Chance To Own A Lucrative Rental Asset, Boasting Four Units With Two Currently Leased Under Flexible Month-To-Month Agreements. Dive Into The Potential Of This Investment By Reaching Out For Detailed Rental Income Insights. This Property Needs Improvements Which Will Drive Higher Rental Income! Property Specifications: Utilities: Each Apartment Benefits From Individual Gas And Electric Meters, While Water Expenses Are Inclusively Managed By The Property Owner. Exterior: Crafted With Durable Vinyl Siding For Easy Maintenance. Composition: This Property Encompasses Four Distinct Apartments, Including A One Apartment Above The Garage. Garage: Lower Section Is Being Utilized For Storing Property Maintenance Tools And Equipment. Financial Overview: Listing Agent Will Provide Financial Details. Apartment A: Fuel: Gas. Layout: 1 Bedroom, 1 Bathroom. Furnace: Vintage Model. Water Heater: Replaced 5 Years Ago. Entry: Front Access. Apartment B: Layout: 1 Bedroom, 1 Bathroom. Water Heater Age: 6-7 Years. Specialty: Exclusive Basement Access. Entry: Rear Access. Apartment C: 2 Bedrooms, 1 Bathroom, Situated Upstairs Of Larger Property Apartment D: Layout: 1 Bedroom, 1 Bathroom. Updates: Benefitted From A New Roof And Furnace In 2023. Layout: 1 Bedroom, 1 Bathroom, Located Above The Garage Additional Insights: Lease Conditions: All Units Are Currently Month-To-Month. Tenant Duties: Tenants Are Responsible For Their Electric And Gas Charges, With Options For Cable Access. Laundry Facilities: Absence Of In-Unit Washers/Dryers. Initial Fees: Tenants Have All Made Initial Payments Covering The First Month's Rent Along With Security Deposits. Electrical System: Features Separate 100 Amp Electrical Panels Per Apartment With Modern Wiring Updates.
  1. Listed by Albert Stancato • Highgarden Real Estate • astancato@highgarden.com

Property Details for 1831 North C Street

Subdivision Name
No Subdivision
Township
Pipe Creek
Zoning
Multi-Family
LISTING UPDATED: 01/24/2025 12:25 PM

Property Details for 1831 North C Street

StatusActive
MLS #21961096
Days on Market162
Taxes$1,179 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1908
Lot Size0.20 AC / 8,712 SF
CountyMadison County

Building Information for 1831 North C Street

Stories-Residences4Year Built1908Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 1831 North C Street

Summary
Location and General Information
  • City: Elwood
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46036
  • Postal Code Plus4: 1664
  • Road Access: Street Cuts
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 480410304016000027
  • Semi Annual Property Tax Amt: 1179
  • Tax Year: 2023
  • TaxLot: 48-04-10-304-016.000-027
School Information
  • School District: Elwood Community School Corp
Owner
  • Owner Pays: Water
Parking
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Multi-Family
  • Lot Size Square Feet: 8712.0
  • Lot Size Acres: 0.2
  • New Construction: False
  • Year Built Numeric: 1908
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: J M Deh 6th 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 82
  • Property Attached: No
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Sewer,Water
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Foundation Details: Block, Partial
  • Roof: Shingle
Interior Features
  • Basement Description: Partial, Unfinished
  • Basement YN: Yes
  • Cooling: Central Electric
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 4
  • Garage Parking: Unpaved
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Apartments
Unit 2
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Apartments
Unit 3
  • Unit Kitchen: 75
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Apartments
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 1831 North C 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 1831 North C Street

Taxable ValueLand$11,100Additions$117,700Total$128,800
Tax Record2023$2,358 ($196 / month)
Home Facts
Baths3Total Finished SqFt2,042 SqFtAbove Grade Finished SqFt2,042 SqFtStories2Lot Size8,712 SqFtStyleTriplexYear Built1908Year Renovated1955CountyMADISONAPN48-04-10-304-016.000-027

Schools near 1831 North C 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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1831 North C Street is a multi-family home for sale in Elwood, IN 46036. This property was listed for sale on February 19, 2024 by Highgarden Real Estate, it's currently listed at $179,900. It has been on the market for a total of 162 days and was last sold on December 12, 2014. 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. 1831 North C Street is a 0-bed, 0-bath, multi-family home built in 1908.

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 Highgarden Real Estate

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.