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 is available or 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.
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1992
Living Area: 1,560 SqFt
Listing Office:
Office Name: Down Home Real Est & Auction
Office Email: bethyourrealtor@yahoo.com
Listing Agent: Beth Neeley
Interior Features
Interior Information:
Appliances: None
Basement: No
Interior: Screens Some
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Lot Features
Lot Information:
Lot Size: 0.54 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: Window Unit(s)
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $165,000
Price Per SqFt: $106/SqFt
HOA Fees:
Amount: $380
Frequency: Annually
Tax Information:
Annual Amount: $1,354
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Poland, IN.
This property is $141.1K less than the Median Sold Price and $13/SqFt less than other homes in Poland, IN.
Based on homes sold in October 2024
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #21997104
Listing Office:
Office Name: Down Home Real Est & Auction
Office Email: bethyourrealtor@yahoo.com
Listing Agent: Beth Neeley
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by 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.
Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 10:16:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,354
$67,700
2019
$1,207
$65,400
2017
$1,001
$50,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$922
Per Month
Principal & Interest
$824
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$31
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$561
Powered By
Advertisement
NMLS#3030
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 assigned school data for this listing.
Nearby Schools
6
/10
Cloverdale Elementary School
311 E Logan St
Distance between this listing and this school6.61 miles
Public District Grades PK-4
6
/10
Central Elementary School
1888 E US Highway 40
Distance between this listing and this school9.75 miles
Public District Grades KG-5
7
/10
Patricksburg Elementary School
Hwy 246
Distance between this listing and this school10.38 miles
Public District Grades KG-6
Nearby Schools
5
/10
Cloverdale Middle School
312 E Logan St
Distance between this listing and this school6.57 miles
Public District Grades 5-8
6
/10
South Putnam Middle School
1780 E US Highway 40
Distance between this listing and this school9.73 miles
Public District Grades 6-8
6
/10
Owen Valley Middle School
626 W State Highway 46
Distance between this listing and this school12.38 miles
Public District Grades 7-8
Nearby Schools
5
/10
Cloverdale High School
205 E Market St
Distance between this listing and this school6.37 miles
Public District Grades 9-12
8
/10
South Putnam High School
1780 E US Highway 40
Distance between this listing and this school9.73 miles
Public District Grades 9-12
4
/10
Owen Valley Community High School
622 W State Highway 46
Distance between this listing and this school12.43 miles
The neighbors living near this home have an average income of $48,618. Residents of Poland, IN typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6065 State Road 42
What is the listing price of this property?
The listing price of 6065 State Road 42 property is $165,000.
What type of property is this?
The property 6065 State Road 42 is a house located in Poland, Indiana, 47868.
Is this property for sale now?
Active Listing: 6065 State Road 42 is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,354 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 6065 State Road 42 has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 6065 State Road 42 is 1,560 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 6065 State Road 42 is 1992.
This home is located at 6065 State Road 42 in Poland, IN and zip code 47868. This 1,560 square foot home, which was built in 1992, sits on a 0.54 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $165,000.
Poland, IN housing market in October 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 0 sold below. Between September 2024 and October 2024, Poland, IN real estate market has seen decrease in the number of listings by 30%. Listings spent 101 days on the market in October 2024, and had a median list price of $306,100 during the same period.
From Rocket Homes Real Estate and based on county public records data.