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6085 State Road 42

Poland, IN 47868

4 beds
2 baths
1,560 sqft
~3/4 acre lot
$105 per sqft
1991 build

This home could be converted to a 4BR 2BA home or could be the income opportunity near Cataract Lake you been looking for. 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. Room measurements are approximate and realize they are for a duplex and kitchen would be converted into a bigger size.

Listing courtesy of MIBOR / Down Home Real Est & Auction

Last checked: Checking… • Last updated Jan 5, 2025 •

MLS# 21997111 —

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

The Building

Year Built:

1991
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

Ranch
Levels:

One
Basement:

false
Foundation Details:

Slab
Accessibility Features:

No
Green Certification:

No
Building Area Total:

1560

Interior

Rooms:

8
Rooms Total:

8
Rooms Total:

8
Interior Features:

Screens Some
Eating Area:

Dining Combo/Kitchen

Room Dimensions

SqFt:

1560
Main Level SqFt:

1560
Living Area:

1560

Location

Directions:

GPS Friendly
Latitude:

39.451025
Longitude:

-86.880474

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

600329200090720019
Acres:

1/2-1 Acre
Lot Size Acres:

0.83
Lot Size SqFt:

36,155 Sqft
Price Per Acre:

198795
Horse Amenities:

None

Listing Agent

Contact info:

Taxes

Tax Lot:

72-73
Tax Year:

2023
Semi Annual Property Tax Amt:

813

Beds

Beds:

4
Bedrooms:

4
Bedrooms Total:

4
Main Level Bedrooms:

4

Baths

Baths:

2
Full Baths:

2
Full Baths:

2
Full Baths Main:

2

Heating & Cooling

Heating:

Baseboard
Cooling:

Window Unit(s)

Utilities

Water Source:

Municipal/City
Solid Waste:

No

Appliances

Appliances:

None

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
Association Fee Frequency:

Annually
Association:

true
Association Fee:

570
Ownership Interest Types:

Mandatory Fee

Parking

Garage:

false

Monthly cost estimate

Asking price

$165,000

Expense	Monthly cost
Mortgage	$883
Taxes	$135
Insurance	$45
HOA fees	$48
Utilities	$139 See report
Total	$1,250/mo.^*
	^*This is an estimate

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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

House For Sale

$165,000

HOA

$48/mo.

Cost Est.

$1,250/mo.

Price drop −$20,000

Listing provided by broker:

Beth Neeley

Down Home Real Est & Auction

bethyourrealtor@yahoo.com

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This house located in IN 47868 is currently for sale for $165,000. 6085 State Road 42 is a 1,560 square foot house with 4 beds and 2 baths. This house is in the attendance area of Cloverdale High School, Cloverdale Elementary School, and Cloverdale Middle School.

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

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service