507 South Grant Avenue

Fowler, IN 47944

$199,000
Price
2
Beds
6
Baths
4,126 Sq. Ft.
$48 / Sq. Ft.
4,126
Sq. Ft.
$48
per Sq. Ft.

Description

Seller financing and/or lease option available for the bar for as low as $2,000 per month. This is a well kept, turn-key investment property already has 2 fully occupied 1 bedroom 1 bath residential apartments upstairs. Then check out the large bar and restaurant that comes complete with all the equipment, furniture, decor and a 3-way liquor license with carry out. The restaurant and bar area seats 100 people and the building sits on a 100' x 180' lot in the Town of Fowler Indiana... the county seat...Seller financing and/or lease option available for the bar for as low as $2,000 per month. This is a well kept, turn-key investment property already has 2 fully occupied 1 bedroom 1 bath residential apartments upstairs. Then check out the large bar and restaurant that comes complete with all the equipment, furniture, decor and a 3-way liquor license with carry out. The restaurant and bar area seats 100 people and the building sits on a 100' x 180' lot in the Town of Fowler Indiana... the county seat of Benton County. Recent updates include: a newer roof, upgraded electrical service, newer central air/furnace and new carpet. There is too much equipment included to list but here are some highlights are: 6 Burner Commercial Stove, Fire Suppression System, Flat Grill, Charbroiler, Convection Oven, Fryers, Slicer, Several Refrigerators and Freezers, A Walk-in Freezer, A Walk-in Refrigerator, Bar Equipment including Keg Cooler with 3 lines, Soda Dispensing System, Various Prep and Work Tables, 27 Dining Tables, 91 Chairs, 13 Barstools and sound system. Other features include: an emergency 22 kilowatt building generator, fenced in back lot with storage sheds and separate fenced-in dumpster area. Opportunities like this one don't come along often. Call a Realtor today to get more information or to schedule your showing today.
  1. Listed by Joseph Moke • Weichert, Realtors-Moke Agency
    P: (219)-808-2400 C: (219)-808-2400 mokerealty@gmail.com

Property Details for 507 South Grant Avenue

Subdivision
NA
LISTING UPDATED: 09/30/2024 10:18 AM

Property Details for 507 South Grant Avenue

StatusActive
MLS #804003
Days on Market140
Taxes$3,245 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1900
Lot Size0.39 AC / 16,988 SF
CountyBenton County

Building Information for 507 South Grant Avenue

Stories-Residences3Year Built1900Building Size-Lot Size0.39 AC / 16,988 SF

Property Information for 507 South Grant Avenue

Summary
Location and General Information
  • City/Town: Fowler
  • State: IN
  • Township: Center
  • ZIP: 47944
  • Latitude: 40.61
  • Longitude: -87.31
  • County: Benton
Taxes and HOA
  • Annual Tax Amount: $3,245.00
  • APN/Key #: 040815331012000004
  • Tax Year: 2023
  • Tax Legal Description: OP LOT 1521 S 64X100 - OP LOTS 1522-1523 S 53X100 EA
Parking
  • Garage Description: Additional Parking, Parking Lot, Off Street
Property
Lot Information
  • Lot Square Footage: 16,988.40
  • Total Sq. Ft.: 4126.0
  • Lot Dimensions: 64x100 53x100 53x100
  • Square Footage Source: Assessor
  • Acres: .39
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Triplex
  • Year Built: 1900
  • Lot Description: Paved
  • Road Access: City Street
Utilities
  • Utilities: Cable Connected, Natural Gas Connected, Electricity Connected
  • Electric: Other
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Levels: Two
Interior Features
  • Appliances: Bar Fridge, Range, Dishwasher
  • Total Full Baths: 6
  • Total Baths: 6
  • Bedrooms: 2
  • Basement Sq Ft: 0.0
  • Cooling: Central Air
  • Flooring: Carpet, Linoleum
  • Equipment: Other
  • Heat Type: Forced Air
  • Interior Features: Bar, Ceiling Fan(s), Built-in Features
Multi Family
Multi-Family Information
  • # of Units: 3
Rental
Rental Information
  • TenantPays: None

Property History for 507 South Grant Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 507 South Grant Avenue

Taxable ValueLand$40,100Additions$64,600Total$104,700
Tax Record2023$3,011 ($251 / month)
Home Facts
Total Finished SqFt4,126 SqFtAbove Grade Finished SqFt4,126 SqFtStories2Lot Size17,000 SqFtStyleStoresYear Built1900CountyBENTONAPN04-08-15-331-012.000-004

Schools near 507 South Grant Avenue

This home is within Benton Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - PK to 6
Public - K to 6
Rating
School
Distance
Prairie Crossing Elementary School
PublicK to 6

Benton Central Jr-Sr High School
Public7 to 12

Boswell Elementary School
PublicPK to 6

Otterbein Elementary School
PublicK to 6

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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507 South Grant Avenue is a multi-family home for sale in Fowler, IN 47944. This property was listed for sale on May 20, 2024 by Weichert, Realtors-Moke Agency, it's currently listed at $199,000. This listing's school district is Benton Community School Corp. Nearby schools include Prairie Crossing Elementary School, Benton Central Jr-Sr High School and Boswell Elementary School. 507 South Grant Avenue is a 2-bed, 6-bath, 4,126 sqft multi-family home built in 1900.

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 Weichert, Realtors-Moke Agency

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. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association 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, Northwest Indiana REALTORS® AssociationSoutheastern 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.