215 South 18th Street

Elwood, IN 46036

$145,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Turn Key Investment property. This duplex was purchased in 2020 and has been totally renovated. It has been rented out ever since. New Metal roof, vinyl siding, plumbing, and electrical. Each unit has new furnace and A/C, Vinyl plank flooring, updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water,sewer. High income and low maintenance. This property could be purchased in a package of 4 buildings with 11 units.Turn Key Investment property. This duplex was purchased in 2020 and has been totally renovated. It has been rented out ever since. New Metal roof, vinyl siding, plumbing, and electrical. Each unit has new furnace and A/C, Vinyl plank flooring, updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water,sewer. High income and low maintenance. This property could be purchased in a package of 4 buildings with 11 units.
  1. Listed by Dan Bragg • Berkshire Hathaway Home • dbragg@bhhsin.com

Property Details for 215 South 18th Street

Architectural Style
TraditonalAmerican
Subdivision Name
Bartons
Township
Pipe Creek
Waterfront
No
LISTING UPDATED: 11/17/2024 05:32 PM

Property Details for 215 South 18th Street

StatusActive
MLS #22011652
Days on Market33
Taxes$204 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1890
Lot Size0.10 AC / 4,356 SF
CountyMadison County

Building Information for 215 South 18th Street

Stories-Residences2Year Built1890Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 215 South 18th Street

Summary
Location and General Information
  • City: Elwood
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46036
  • Postal Code Plus4: 2051
  • Road Access: Street Cuts
  • Road Frontage Type: City Street
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 480415202114000027
  • Semi Annual Property Tax Amt: 204
  • Tax Exemption: None
  • Tax Year: 2023
  • TaxLot: 48-04-15-202-114.000-027
School Information
  • Elementary School: Elwood Elementary School
  • High School: Elwood Jr-Sr High School
  • School District: Elwood Community School Corp
Owner
  • Owner Pays: Insurance, No Utilities
Parking
  • Carport Spaces: 0.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Size Square Feet: 4225.0
  • Lot Size Acres: 0.1
  • New Construction: False
  • Possible Use: Apt<20
  • Structure Type: Duplex
  • Year Built Numeric: 1890
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • DPRYN: Yes
  • Legal Subdivision: Bartons 3rd 64'X66' 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 23
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Municipal Storm Connected,Separate Gas Meter,Separate Sewer Meter,Sump Pump,Water
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Roof: Metal
Interior Features
  • Basement Description: Cellar
  • Basement YN: Yes
  • Cooling: Central Electric
  • Heating: Electric, Forced Air
  • Levels: One
  • Laundry Features: Connections All, Main Level
  • Multi Baths: 2
  • Multi Beds: 3
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: On Street, Other
Income & Expenses
  • Expenses: 0
  • Net Operating Income: $15,120.00
  • Gross Income: $15,120.00
Unit 1
  • Unit Kitchen: 10x10
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced,Hot Wtr Elec
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 10x10
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced,Hot Wtr Elec
  • Unit Type Type: 1 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities, Insurance

Property History for 215 South 18th 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 215 South 18th Street

Taxable ValueLand$7,600Additions$12,800Total$20,400
Tax Record2023$408 ($34 / month)
Home Facts
Baths1Total Finished SqFt1,612 SqFtAbove Grade Finished SqFt1,612 SqFtStories1Lot Size4,225 SqFtStyleDuplexYear Built1890Year Renovated1949CountyMADISONAPN48-04-15-202-114.000-027

Schools near 215 South 18th 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.

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215 South 18th Street is a multi-family home for sale in Elwood, IN 46036. This property was listed for sale on November 15, 2024 by Berkshire Hathaway Home, it's currently listed at $145,000. 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. 215 South 18th 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 Berkshire Hathaway Home

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