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640 Mechanic St, Jeffersonville, IN, 47130

$325,000

Home List Price

$3,859*

Closing Credit

5 Bedrooms
3 Baths
3,214 SqFt
$101/SqFt
Condo

Location

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640 Mechanic St, Jeffersonville$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1926
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #1676980
Lot Size0.12 Acres
StatusActive

About 640 Mechanic St

Welcome to 640 Mechanic Street. This triplex apartment building is located in downtown Jeffersonville. This property presents an excellent investment opportunity and with just a little work could be quite the cash cow. Unit #1 covers the top floor of the main building. This unit offers 1,214 sq. ft., huge living room with abundant natural light and decorative fireplace, two bedrooms, eat-in kitchen, and full bath with tile flooring and tiled tub surround. This unit does need the most work of the three but not much beyond refinishing the hardwood floors and installing appliances. A sprawling covered front porch contains the entrances for units #1 and #2. Unit #2 covers most the of the main level addition. This unit offers 846 sq. f.t, a spacious living room, large bedroom, eat-in kitchen with all white cabinetry and the laundry area, full bath with tiled tub surround, and laminate flooring throughout. Unit #3 covers the bottom floor of the main building. This unit offers 1,154 sq. ft., large living room with ample natural light, two bedrooms, full bath, and kitchen with all white cabinetry, breakfast bar, and the laundry area. Behind the building is an enormous patio that can be enjoyed by all tenants. Don't miss this opportunity and schedule a showing today! This property is being sold "as-is."

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1926
  • Living Area: 3,214 SqFt

Listing Office:

  • Office Name: May Team REALTORS

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch

Lot Features

Lot Information:

  • Lot: Corner Lot, Sidewalk
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: E. 10th Street or Court Avenue to Mechanic Street. Apartment building is located on the corner of Mechanic Street and E. 7th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $101/SqFt

Tax Information:

  • Annual Amount: $1,944
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1676980

Listing Office:

  • Office Name: May Team REALTORS

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. 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. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. 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: 12/21/2024, 7:21:03 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

YEARPROP. TAXASSESSMENT
2020$1,944$90,300
2019$2,048$99,500
2017$2,005$96,900

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-658568
4
/10

  • Franklin Square Elementary School

  • 605 E Court Ave

  • 0.03 miles

  • Public District Grades PK-5

school-card-donut-658569
4
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 1.72 miles

  • Public Magnet Grades KG-5

school-card-donut-658570
5
/10

  • Thomas Jefferson Elementary School

  • 2710 Hamburg Pike

  • 2.00 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,893. Typical income of Clark County, IN residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 640 Mechanic St

What is the listing price of this property?

The listing price of 640 Mechanic St property is $325,000.

What type of property is this?

The property 640 Mechanic St is a condo located in Jeffersonville, Indiana, 47130.

Is this property for sale now?

Active Listing: 640 Mechanic St 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 $1,944 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 640 Mechanic St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 640 Mechanic St is 3,214 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 640 Mechanic St is 1926.

Rocket Homes›Indiana›Clark County›Jeffersonville›47130›640 Mechanic St

This home is located at 640 Mechanic St in Jeffersonville, IN and zip code 47130. This 3,214 square foot home, which was built in 1926, sits on a 0.12 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $325,000.

In November 2024 in Clark County, IN there were 16.1% less homes for sale than in October 2024. In November 2024, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $394,775.

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

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