6085 Highway 42

Poland, IN 47868

$165,000
Price
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Beds
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per Sq. Ft.

Description

Income Opportunity near Cataract Lake. Many possibilities but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4-bedroom 2 bath home and bought with a low-down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the...Income Opportunity near Cataract Lake. Many possibilities but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4-bedroom 2 bath home and bought with a low-down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental could be available if there is an opening in a short distance the state boat dock ramp for Cataract Lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant.
  1. Listed by Beth Neeley • Down Home Real Est & Auction • bethyourrealtor@yahoo.com

Property Details for 6085 Highway 42

Subdivision Name
Ahlemeyer Highland Lakeview
Township
Jackson
LISTING UPDATED: 12/04/2024 08:50 AM

Property Details for 6085 Highway 42

StatusActive
MLS #21997095
Days on Market134
Taxes$813 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1991
Lot Size0.83 AC / 36,154 SF
CountyOwen County

Building Information for 6085 Highway 42

Stories-Residences2Year Built1991Building Size-Lot Size0.83 AC / 36,154 SF

Property Information for 6085 Highway 42

Summary
Location and General Information
  • City: Poland
  • County Or Parish: Owen
  • Directions: GPS Friendly
  • Postal Code: 47868
  • Postal Code Plus4: 7415
  • Road Access: See Remarks
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 600329200090720019
  • Semi Annual Property Tax Amt: 813
  • Tax Year: 2023
  • TaxLot: 72-73
School Information
  • Elementary School: Cloverdale Elementary School
  • High School: Cloverdale High School
  • Middle Or Junior School: Cloverdale Middle School
  • School District: Cloverdale Community Schools
Owner
  • Owner Pays: HO Association Fee, Taxes, Trash Collection, Water
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Current Use: Apt<20
  • Lot Size Square Feet: 36155.0
  • Lot Size Acres: 0.83
  • New Construction: False
  • Possible Use: Apt<20, Residential, See Remarks
  • Year Built Numeric: 1991
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Ahlemeyer Highland Lakeview Lots 72, 73 & 79
  • Photos Count: 3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement YN: No
  • Levels: One
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 150
  • Gross Income: $1,100.00
Unit 1
  • Unit Kitchen: 120
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 120
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Tenant Pays: Electricity

Property History for 6085 Highway 42

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6085 Highway 42

Taxable ValueLand$15,300Additions$80,600Total$95,900
Tax Record2023$1,625 ($135 / month)
Home Facts
Baths2Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories1Lot Size36,155 SqFtStyleDuplexYear Built1991CountyOWENAPN60-03-29-200-090.720-019

Schools near 6085 Highway 42

This home is within Cloverdale Community Schools.
Rating
School
Type
Grades
Distance
Cloverdale Elementary School
Public - PK to 4
Cloverdale Middle School
Public - 5 to 8
Cloverdale High School
Public - 9 to 12
Cloverdale Distance Learning Academy
Public - K to 8
Rating
School
Distance
Cloverdale Elementary School
PublicPK to 4

Cloverdale Middle School
Public5 to 8

Cloverdale High School
Public9 to 12

Cloverdale Distance Learning Academy
PublicK to 8

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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More information about 6085 Highway 42, Poland, IN 47868

6085 Highway 42 is a multi-family home for sale in Poland, IN 47868. This property was listed for sale on August 19, 2024 by Down Home Real Est & Auction, it's currently listed at $165,000. This listing's school district is Cloverdale Community Schools. Nearby schools include Cloverdale Elementary School, Cloverdale Middle School and Cloverdale High School. 6085 Highway 42 is a 0-bed, 0-bath, multi-family home built in 1991.

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 Down Home Real Est & Auction

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.