$750 / month
7683 E Blue Ridge Road
This is RENT TO OWN home (lease with option to buy). The home needs quite a bit of work. It was lived in about a year ago but there is dry rot/joist issues in a few spots of the home. It could be a very nice little place for someone or a good stepping stone for an investor or first time investor to add to their portfolio of rentals. Sweat equity would go a long way and this would be a good way to get into a home and not be upside down in it or be attached to a high interest rate. The monthly amount is rent. A consideration amount of $4500 is needed as well as proof of ability to rehab the home. Purchase price is higher versus cash and would be $84900. Cash price $69,900. This would be comparable to a triple net lease where tenant would take over all responsibilities of home ownership including maintenance, property taxes, and insurance payments.
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Attic Access, Eat-in Kitchen, None, Electric Water Heater
Map to 7683 E Blue Ridge Road, Shelbyville, IN 46176
MLS #
21956117
Date Listed
2023-12-07
Status
Active
Property Type
Residential for Lease
Property SubType
Single Family Residence
Square Feet
932 sqft
New Construction
No
Style
Bungalow
Type
Single Family Residence
Bedrooms
2
Bathrooms
1
Year Taxes Payable
2023
Year Built
1890
Days on Market
383
Additional
Design
Bungalow
Cooling
Wall Unit(s)
Heating
Baseboard, Electric
External Features
Construction
Single Family Residence
Lot Size
8,712 sq ft
Acreage
0.20 Acres
Sewer
Septic
Water
Private Well
Fence
None
Location
Area
Shelby
County
Shelby
Subdivision
No Subdivision
Township
Liberty
City
Shelbyville
State
IN
Zip
46176
Schools
School District
Shelby Eastern Schools
Financial
Assoc. Dues
$0.00
| MLS # | 21956117 |
|---|---|
| Date Listed | 2023-12-07 |
| Status | Active |
| Property Type | Residential for Lease |
| Property SubType | Single Family Residence |
| Square Feet | 932 sqft |
| New Construction | No |
| Style | Bungalow |
| Type | Single Family Residence |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Year Taxes Payable | 2023 |
| Year Built | 1890 |
| Days on Market | 383 |
| Design | Bungalow |
|---|---|
| Cooling | Wall Unit(s) |
| Heating | Baseboard, Electric |
| Construction | Single Family Residence |
|---|---|
| Lot Size | 8,712 sq ft |
| Acreage | 0.20 Acres |
| Sewer | Septic |
| Water | Private Well |
| Fence | None |
| Area | Shelby |
|---|---|
| County | Shelby |
| Subdivision | No Subdivision |
| Township | Liberty |
| City | Shelbyville |
| State | IN |
| Zip | 46176 |
| School District | Shelby Eastern Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 21956117
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Justin Polston
Mackenzie Allen, Polston & Ass
JPOLSTON@MACKENZIEALLENREALESTATE.COM
Listing updated December 7, 2023 at 4:45 pm
Last checked 3 hours ago
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