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.
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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.
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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 school10.37 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 school9.74 miles
Public District Grades 6-8
6
/10
Owen Valley Middle School
626 W State Highway 46
Distance between this listing and this school12.37 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 school9.74 miles
Public District Grades 9-12
4
/10
Owen Valley Community High School
622 W State Highway 46
Distance between this listing and this school12.42 miles
The neighbors living near this home have an average income of $48,618. The most common annual income of people living in Poland, IN is between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 6085 State Road 42nd Rd in Poland, IN and zip code 47868. This home was built in 1991. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $185,000.
The inventory of homes for sale in Poland, IN between October 2024 and November 2024 increased by 71.4%. While the average time on the market in November 2024 was 41 days, the median list price was $250,000.
From Rocket Homes Real Estate and based on county public records data.