406 W Indiana Street
Kouts, IN 46347
- 16 beds
- – baths
- – sqft
- ~1 acre lot
- 1997 build
- – on site
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Ready to own your very own apartment community with room to expand future development? In the center of Kouts, not far from bustling Valparaiso, this property includes 2 buildings with 8 units total featuring 2 bed 1 bath and private parking lot between. 6 total parcels included with sale. Average rent $867 per month with all units currently occupied. Tenants pay gas and electric. Updates through out the last several years and professionally managed for an easy transition. Add this wonderful opportunity to your rental portfolio!
Listing courtesy of NIRA / Brokerworks Group
Last checked:
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Last updated Sep 11, 2024
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MLS# 806696 —
The Building
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Year Built:1997
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New Construction:false
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Levels:Two
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Above Grade Finished Area:7296
Interior
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Interior Features:Open Floorplan
Location
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Directions:From 49 south, go south on Indiana and right into property
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Latitude:41.318886
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Longitude:-87.030195
The Property
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Parcel Number:64-16-07-477-016.000-014
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Property Subtype:Apartment
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Lot Features:Few Trees, Paved
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Lot Size Acres:1.23
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Lot Size Square Feet:53579
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Lot Size Source:Assessor
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Additional Parcels:true
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Exterior Features:None
Listing Agent
- Contact info:
- Agent phone:
- (219) 242-7936
- Office phone:
- (219) 786-7000
Taxes
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Tax Year:2022
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Tax Annual Amount:6487
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Tax Assessed Value:351200
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Tax Legal Description:W226.45 SE SE S OF RR 7-33-5 1.23A DITCH DR478 P116
Beds
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Total Bedrooms:16
Baths
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Full Baths:8
Heating & Cooling
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Heating:Forced Air, Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Washer/Dryer Stacked, Refrigerator, Microwave, Gas Range
The Community
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Subdivision Name:Madyson Apartments
Parking
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Garage:false
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Parking Features:Asphalt
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/10/24
Sep 10, 2024
|
Sold | NIRA | ||
7/12/24
Jul 12, 2024
|
Listed / Active | NIRA | $730,000 |