405 Madison Street

Rochester, IN 46975

$249,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Building Total Area: 5,128 sq ft Key Features: New roof on block portion of the building, emergency exits, smoke detectors, 2 restrooms, 1 laundry hookup, 1 shower, 2 heaters, three commercial rolling doors and the truck well for loading/unloading. Rental Potential: 3 separate sections for multiple rental opportunities, BTUs furnaces for a heated warehouse (125 BTUs each), office space is air conditioned and heated Prime Location Located in downtown Rochester, IN, this property is easily accessible...Building Total Area: 5,128 sq ft Key Features: New roof on block portion of the building, emergency exits, smoke detectors, 2 restrooms, 1 laundry hookup, 1 shower, 2 heaters, three commercial rolling doors and the truck well for loading/unloading. Rental Potential: 3 separate sections for multiple rental opportunities, BTUs furnaces for a heated warehouse (125 BTUs each), office space is air conditioned and heated Prime Location Located in downtown Rochester, IN, this property is easily accessible and close to local businesses, restaurants, and services. The central location ensures high visibility and foot traffic, ideal for attracting tenants. Its easy access to downtown business district and the industrial park area Investment Opportunity This versatile property offers excellent rental potential with its three distinct sections. Its modern updates and strategic downtown location make it a prime investment opportunity in Rochester's bustling business district. Don't miss out on this unique chance to enhance your real estate portfolio.
  1. Listed by Brecken Kennedy • Mossy Oak Properties/Indiana Land and Lifestyle

Property Details for 405 Madison Street

Subdivision
None
Waterfront
No
LISTING UPDATED: 09/03/2024 04:44 PM

Property Details for 405 Madison Street

StatusActive
MLS #202421482
Days on Market165
Taxes$1,429 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1946
Lot Size0.33 AC / 14,375 SF
CountyFulton County

Building Information for 405 Madison Street

Stories1Residences-Year Built1946Lot Size0.33 AC / 14,375 SF

Property Information for 405 Madison Street

Summary
Location and General Information
  • Area: Fulton County
  • City: Rochester
  • Zip Code: 46975
  • State: IN
  • Township: Rochester
  • Geo Latitude: 41
  • Geo Longitude: -86
  • Road Access: City
  • Fips Code: 18049
  • Directions To Property: Head south on Main Street down town Rochester to 4th street. Then head east on 4th street and property is on the corner of 4th street and Madison St.
Taxes and HOA
  • Annual Taxes: $1,429
  • Year Taxes Payable: 2023
  • Parcel Number Id: 25-07-91-461-001.000-009
Parking
  • Parking: Private
Property
Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 0.33
  • Lot Dimensions: rectangle
  • Approx Lot Size Sqft: 14375.0
Property and Assessments
  • New Construction: No
  • Year Built: 1946
  • Age: 78
  • Documents Available: None
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Company: Other
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Exterior: Block, Metal
  • Platted: Yes
  • Roof Material: Metal
Interior Features
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: Central Air
  • Flooring: Concrete
  • Heating/Fuel: Gas
  • Stories: 1
Multi Family
Multi-Family Information
  • Number of Buildings: 1

Property History for 405 Madison 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 405 Madison Street

Taxable ValueLand$31,400Additions$42,500Total$73,900
Tax Record2023$1,628 ($136 / month)
Home Facts
Total Finished SqFt5,128 SqFtAbove Grade Finished SqFt5,128 SqFtStories1Lot Size14,505 SqFtStyleLight IndustrialYear Built1946CountyFULTONAPN25-07-91-461-001.000-009

Schools near 405 Madison Street

This home is within Rochester Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 4
Public - 5 to 7
Public - 8 to 12
Rating
School
Distance
Columbia Elementary School
PublicPK to 1

George M Riddle Elementary School
Public2 to 4

Rochester Community Md School
Public5 to 7

Rochester Community High School
Public8 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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405 Madison Street is a mixed use property for sale in Rochester, IN 46975. This property was listed for sale on June 13, 2024 by Mossy Oak Properties/Indiana Land and Lifestyle, it's currently listed at $249,900. It has been on the market for a total of 165 days and was last sold on June 1, 2010. This listing's school district is Rochester Community Sch Corp. Nearby schools include Columbia Elementary School, George M Riddle Elementary School and Rochester Community Md School. 405 Madison Street is a 0-bed, 0-bath, mixed use property built in 1946.

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 Mossy Oak Properties/Indiana Land and Lifestyle

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.