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6065 State Road 42

Poland, IN 47868

– beds
– baths
– sqft
~1/2 acre lot
1992 build

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 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.

Listing courtesy of MIBOR / Down Home Real Est & Auction

Last checked: Checking… • Last updated Dec 4, 2024 •

MLS# 21997085 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1992
New Construction:

false
Levels:

One
Basement:

false
Green Certification:

No

Location

Directions:

GPS Friendly
Latitude:

39.451221
Longitude:

-86.88065

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Duplex
Parcel Number:

600329200090710019
Acres:

1/2-1 Acre
Lot Size Acres:

0.54
Lot Size SqFt:

23,522 Sqft
Price Per Acre:

305556
Current Use:

Apt<20, See Remarks
Possible Use:

Apt<20, Residential
Road Access:

See Remarks
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

71,80
Tax Year:

2023
Semi Annual Property Tax Amt:

794

Utilities

Solid Waste:

No

Schools

Elementary School:

Cloverdale Elementary School
Middle Or Junior School:

Cloverdale Middle School
High School:

Cloverdale High School
High School District:

Cloverdale Community Schools

The Community

Subdivision Name:

Ahlemeyer Highland Lakeview

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
10/23/24 Oct 23, 2024	Price Changed	MIBOR	$165,000	-10.8%
8/20/24 Aug 20, 2024	Listed / Active	MIBOR	$185,000
3/22/24 Mar 22, 2024	Listed / Active	MIBOR

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This multifamily located in IN 47868 is currently for sale for $165,000. 6065 State Road 42 is a – square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Cloverdale Middle School, Cloverdale High School, and Cloverdale Elementary School.

Listing Courtesy of: MIBOR and Down Home Real Est & Auction.

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