909 N Knightstown Road
Shelbyville, IN 46176
- – beds
- – baths
- – sqft
- ~7 acre lot
- 1979 build
(16) one bed (20) two bed total of (36) units. Rents approximately $150 below Market. Average unit is lease currently at $593. Roofs all replaced in July 2022. Tenants pay their own utilities (gas and electric). Parking lot resealed July 2022. On Well and Septic. Rents averaging $593 compared to market rate of $920 for a 2 bedroom in Shelbyville. Upside Potential for new owner. If 112 East Locust Street can pull $920 average on a 2 bedroom. Possibility at this location is a no brainer.
Last checked:
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Last updated Oct 30, 2024
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MLS# 21873750 —
The Building
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Year Built:1979
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Ranch
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Levels:One
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Green Certification:No
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Building Information:Smoke Alarm
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Building Area Source:Assessor
Interior
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Laundry:Other
Location
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Directions:North on Knightstown Road over Interstate 74 Highway to property on left at intersection of Suburban Court
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Commercial Units - 5+
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Parcel Number:73-07-28-300-014.000-001
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Acres:5-10 Acres
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Lot Information:Access Street,Rural No Subdivision
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Lot Size:329749
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Lot Size Acres:7.43
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Road Access:AccessRd,CountyRd
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Road Frontage Type:County Road
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 412-1572
- Office phone:
- (317) 412-1572
Taxes
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Tax Year:2022
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Tax Exemptions:None
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Semi Annual Property Tax Amt:7671
The Listing
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Disclosures:Not Applicable
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Inspection Warranties:Not Applicable
Utilities
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Building Utilities:Electric,Separate Electric Meter,Separate Gas Meter,Well,Private Well
Schools
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School District:Shelbyville Central
The Community
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Subdivision Name:NO SUBDIVISION
Parking
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Parking:Parking Lot
Extra Units
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# of Units Total:36
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®
View a full reportThis 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 |
|---|---|---|---|---|
|
7/26/22
Jul 26, 2022
|
Listed / Active | MIBOR | $2,700,000 | 260.0% (26.2% / YR) |
|
8/17/12
Aug 17, 2012
|
MIBOR | $750,000 | ||
|
8/17/12
Aug 17, 2012
|
MIBOR | $750,000 |
