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16 E Branson St, Lafontaine, IN, 46940

$235,000

Home List Price

$2,791*

Closing Credit

0 Baths
Multi

Location

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16 E Branson St, La Fontaine$235,000

Buyer Closing Credits

$2,791*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1974
HeatingBaseboard, Wall Furnace
CoolingNone
MLS #202441540
Lot Size0.59 Acres
StatusActive

About 16 E Branson St

Investors take a look at your next portfolio addition! This property boats 2 duplexes for a total of 4 units. Gross monthly rents projected at $2,550 and all units have seen a large amount of work put into them in the past few months. Water and electric is all metered separately, allowing tenants to pay their own utilities. There is one 2 bed unit, and three 1 bed units. One unit is currently rented, three units are currently vacant, allowing you to find tenants that best fit your management style. All units have a washer/dryer hookup. New roof and gutters were put in 5 years ago. Recent work in the past 3 months included but is not limited to; new paint, light fixtures, and ceiling fans in all units. All exterior wood and trim has been painted. Brick units both have new water heaters, screen doors, and electric baseboard heaters. One kitchen is loaded with new cabinets and countertops. New LVP throughout. 2 sheds are also included on the back of the property for extra storage. As a very low maintenance property, your portfolio will thank you!

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Stories: 1

Listing Office:

  • Office Name: Terrell Realty Group, LLC
  • Office Phone: (260) 571-1246
  • Listing Agent: Payton Deeter

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  • Virtual Tour: 16 E Branson St
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Lot Features

Lot Information:

  • Lot Size: 0.59 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Take SR 15 South into LaFontaine. Turn E. on Kendall St. Turn S. on Main St. Turn E. on Branson St. Property is 2 duplexes, will be located on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000
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MLS Details

MLS Information:

  • MLS Number: #202441540

Listing Office:

  • Office Name: Terrell Realty Group, LLC
  • Office Phone: (260) 571-1246
  • Listing Agent: Payton Deeter

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$1,240

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2000666
5
/10
  • Southwood Elementary School

  • 840 E State Road 124

  • 5.46 miles

  • Public District Grades KG-5

school-card-donut-2000667
6
/10
  • John W Kendall Elementary School

  • 2009 W Kem Rd

  • 7.17 miles

  • Public District Grades KG-4

school-card-donut-2000668
5
/10
  • Sweetser Elementary School

  • 614 North Main St

  • 7.43 miles

  • Public District Grades 3-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,962. The most common annual income of people living in Wabash County, IN is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesIndianaWabash CountyLa Fontaine4694016 E Branson St

This home is located at 16 E Branson St in Lafontaine, IN and zip code 46940. This home was built in 1974. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $235,000.

In October 2024, from all listings sold in Wabash County, IN there were more than 2 sold above asking price, over 11 sold below and more than 12 were sold right at the asked price. The inventory of homes for sale in Wabash County, IN between September 2024 and October 2024 increased by 6.1%.

From Rocket Homes Real Estate and based on county public records data.

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