415 Constable Drive Ellettsville, IN 47429

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Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Triplex • 78Y Old

$425,000

415 Constable Drive

0.50 Acres
Property Description

Discover an excellent investment opportunity with so much potential! This three-unit investment property is situated on a spacious 0.5-acre lot, offering so many value-adding possibilities. Each unit is currently occupied by long-term tenants, ensuring a steady and reliable income stream. While this property is currently leased as 3 units, a 4th rental income could easily be added just by installing a door. Recent updates include a 75' section of sewer line, new sump pump (unit 419), new upstairs flooring insulation, windows and back door (unit 421). Located less than 10 minutes from the I-69 interchange and 15 minutes from IU's campus, this location is convenient, while providing a quiet, picturesque setting.

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Property
MLS # 21997971
Date Listed 2024-08-22
Status Active
Property Type Multi-Family/Apartments
Property SubType Triplex
New Construction No
Type Triplex
Year Taxes Payable 2024
Year Built 1946
Days on Market 124
Zoning R-1
Additional
Cooling Central Electric
Heating Electric
External Features
Construction Triplex
Lot Size 21,780 sq ft
Acreage 0.50 Acres
Fence None
Location
Area Monroe
County Monroe
Subdivision Subdivision Not Available See Legal
Township Richland
City Ellettsville
State IN
Zip 47429
Schools
School District Richland-Bean Blossom C S C
Financial
Assoc. Dues $0.00

MLS# 21997971
Listing Provided Courtesy of Lindsey Clark
Barberry Realty
lindsey@mybarberryhome.com

Listing updated September 3, 2024 at 1:46 pm
Last checked 8 minutes ago

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.

Learn More About 415 Constable Drive

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.