10870 Pr 570
Poland, IN 47868
- – beds
- – baths
- – sqft
- ~6 acre lot
- 1986 build
MAKE THIS THE YEAR TO GO INTO THE RENTAL BUSINESS! 5 DUPEXES NEAR CATARACT LAKE WITH 10 UNITS ON OVER 6 ACRES, SOME OF WHICH BORDERS GOVERNMENT GROUND AND POSSIBLY MORE ROOM TO BUILD MORE DUPLEXES ON THIS PROPERTY! These could convert easily to 4BR 2BA homes but the rental income is there! Seller is currently remodeling units as tenants go out and raising rents to a reasonable amount. The need for rentals is ALWAYS THERE AND THIS IS DOWN BY THE LAKE! Go boating, fishing and swimming! The state boat dock launch ramp is down the road with a little country diner who had donuts and GREAT BISCUITS AND GRAVY last time I stopped. The 2 duplexes on State Hwy 42 are part of a HOA that a possibility of renting a boat dock if there was an opening. Rhetta Jeans at Poland for breakfast so East or West you got good food covered! I-70 is a great commute for Indy, Bloomington, Terre Haute and you get to be down by one of the most beautiful lakes in Indiana! Employment for your tenants can be found at the factories within 30 minutes away. Additional almost 4 acres can be bought that is adjacent to the duplexes for $65,000 and has the MOST BEAUTIFUL BUILDING SITE ON IT THAT THRU THE LEAVES YOU GET TO SEE THE LAKE BECAUSE IT BORDERS HARD TO FIND GOVERNMENT PROPERTY! Cataract water. Endeavor High Speed Fiber Internet! 2 Hardware stores with lumber within 15 minutes for project runs! This is the place to start your next investment!
Last checked:
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Last updated Apr 27, 2025
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MLS# 22035165 —
The Building
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Year Built:1986
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New Construction:false
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Builder Name:STANFIELD
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Basement:false
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Green Certification:No
Location
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Directions:GPS Friendly
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Latitude:39.448762
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Longitude:-86.874179
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:600329400200110019
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Acres:5-10 Acres
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Lot Size Acres:6.02
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Lot Size SqFt:262,231 Sqft
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Price Per Acre:124585
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Additional Parcels:true
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Additional Parcels Description:600329200090720019
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Current Use:Apt<20
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Road Access:See Remarks
Listing Agent
- Contact info:
- Agent phone:
- (765) 376-6240
- Office phone:
- (765) 795-4181
Taxes
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Tax Lot:520
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Tax Year:2024
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Semi Annual Property Tax Amt:4565
Heating & Cooling
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Heating:Baseboard
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Cooling:Window Unit(s)
Utilities
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Solid Waste:No
Schools
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Elementary School:Cloverdale Elementary School
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Middle Or Junior School:Cloverdale Middle School
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High School:Cloverdale High School
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High School District:Cloverdale Community Schools
The Community
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Subdivision Name:No Subdivision
Extra Units
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# of Units Total:10
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/27/25
Apr 27, 2025
|
Listed / Active | MIBOR | $750,000 |
