27 days on rocket

502 Dorsett Dr, Indianola, MS, 38751

$1,375,000

Home List Price

$10,000*

Closing Credit

40 Bedrooms
24 Full Baths
Multi

Location

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502 Dorsett Dr, Indianola$1,375,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking Lot
Year Built1975
HeatingCentral
CoolingCentral Air
MLS #4055466
Lot Size1.20 Acres
StatusActive

About 502 Dorsett Dr

This 24 Unit Apartment Complex at Oak Manor in Indianola, MS, located in the heart of the Delta, is primedand ready to go to work for you! Each of the two buildings consist of four one bedroom units and eight two bedroom units. Recently renovated down to the studs ofeach unit, this property offers all the amenities your tenants will love, from stainless steel appliances,granite, and concrete countertops, brand new walls, tile floors, and completely new HVAC equipment. Thereis no other property in this condition in the area. The demand for rental units in Indianola is extremely high,and the quality supply is almost nonexistent. Crank this cash flow machine up and let it get to work!

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Stories: 2

Listing Office:

  • Office Name: Tom Smith Land & Homes
  • Office Phone: (662) 441-2500
  • Listing Agent: Emerson Lovelace

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 24
  • Total Bedroom Count: 40

Exterior Features

Exterior Information:

  • Exterior: Awning(s)

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot Size: 1.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Directions from the intersection of Hwy 82 and Hwy 49 Indianola, MS: Travel west on Hwy 82 for 0.3miles, turn right onto Academy Drive, in 0.2 miles turn left onto Dorsett Drive and in 0.2 miles thedestination is on the left. Address: 502 Dorsett Drive Indianola, MS 38751

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,375,000

Tax Information:

  • Annual Amount: $12,704
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: MLS United
  • MLS Number: #4055466

Listing Office:

  • Office Name: Tom Smith Land & Homes
  • Office Phone: (662) 441-2500
  • Listing Agent: Emerson Lovelace

Information is deemed to be reliable but not guaranteed. Copyright 2024, MLS United, LLC.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$12,704$109,367
2018 - $109,367
2017 - $82,129

History based on county public records data.

Payment Calculator

$6,930

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,189

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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.

We're sorry, we currently don't have elementary school data for this listing.

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,931. Typical income of Sunflower County, MS residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMississippiSunflower CountyIndianola38751502 Dorsett Dr

This home is located at 502 Dorsett Dr in Indianola, MS and zip code 38751. This home, which was built in 1975, sits on a 1.20 acre lot. Features: 40 bedrooms, 24 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $1,375,000.

In October 2024 in Sunflower County, MS there were 11.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 187 days, the median list price was $155,000.

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

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