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713 Reed St, Columbus, IN, 47201

$225,000

Home List Price

$2,672*

Closing Credit

0 Baths
Multi

Location

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713 Reed St, Columbus$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built2006
HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
BasementYes
MLS #22013174
Lot Size0.11 Acres
StatusActive

About 713 Reed St

Excellent opportunity for a 2-unit income producing property. Both units are currently occupied for an immediate revenue stream. Lower unit is a 1 bed/1 bath unit that retains much of the original early 1900's charm and has basement access which includes a washer & dryer. The upper unit is a 2 bed/1 bath unit. Parking in the rear off the alley. Tenants pay gas & electric. Landlord pays water & sewer. Centrally located with easy access to all parts of town. The exterior needs repair due to deferred maintenance. The interior condition is much better. Interior photos not included for the privacy of the tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 2006

Listing Office:

  • Office Name: Carpenter, REALTORS®
  • Office Email: rdowney@callcarpenter.com
  • Listing Agent: Rusty Downey

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From Central Ave, West on 10th Street. Left on Reed Street. House on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000

Tax Information:

  • Annual Amount: $1,966
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Columbus, IN.

Med. Sold Price

$270.2K

Med. Price/SqFt

$140

Avg. Days On Market

32

# of Sold Homes

53

713 Reed St vs Columbus

38 DAYS ON ROCKET

+6 Days

$225,000

-$45.2K Less

KEY TAKEAWAY

This property is $45.2K less than the Median Sold Price in Columbus, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22013174

Listing Office:

  • Office Name: Carpenter, REALTORS®
  • Office Email: rdowney@callcarpenter.com
  • Listing Agent: Rusty Downey

IDX 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.

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.

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Last updated on: 1/4/2025, 10:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 06, 2012Home Sold
$24,900
Feb 14, 2012Home Sold
$37,350

Tax History

YEARPROP. TAXASSESSMENT
2020$1,966$98,400
2019$1,999$92,200
2017$1,999$91,800

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-399305
9
/10
  • Csa Lincoln Campus

  • 750 5th St

  • 0.40 miles

  • Public District Grades KG-6

school-card-donut-399306
3
/10
  • Csa Fodrea Campus

  • 2775 Illinois Ave

  • 1.21 miles

  • Public Magnet Grades PK-6

school-card-donut-399307
3
/10
  • Lillian Schmitt Elementary School

  • 2675 California St

  • 1.42 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,670. Most Columbus, IN residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Columbus, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Columbus, IN?

Columbus, Indiana, offers a diverse housing market with a range of options to suit various preferences and budgets. The housing landscape is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. Architectural styles in the area reflect a blend of historic charm and contemporary design, with a notable presence of mid-century modern architecture due to the city's rich design heritage. The homeownership rate in Columbus is robust, with a significant portion of residents owning their homes, while the remainder of the population opts for rental opportunities.

What are the advantages of living in Columbus, IN?

Columbus is celebrated for its unique blend of small-town hospitality and world-renowned architecture, attracting visitors and residents alike. The community prides itself on a vibrant cultural scene, with numerous public art installations and architectural landmarks designed by prominent architects. The city's character is further enriched by local events and festivals that showcase its artistic legacy and community spirit.

Are essential services in Columbus, IN convenient?

The community is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs. Columbus is home to several healthcare facilities, offering a range of services from primary care to specialized medical treatments. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining options in Columbus reflect the local culture, with a mix of national chains and independent businesses providing residents with a variety of shopping and culinary experiences.

How do Columbus, IN residents get around?

Transportation in Columbus includes a combination of public transit options and well-maintained roadways that facilitate easy commuting and travel within the city and to neighboring areas. The public transit system provides residents with reliable service, although schedules may vary. The city is also accommodating to ride-sharing services, enhancing mobility for those without personal vehicles. Columbus boasts areas that are pedestrian-friendly, encouraging walking and biking as alternative modes of transportation. The city's infrastructure is continuously evaluated to improve transport efficiency and accessibility for all residents.

Rocket HomesIndianaBartholomew CountyColumbus47201713 Reed St

This home is located at 713 Reed St in Columbus, IN and zip code 47201. This home, which was built in 2006, sits on a 0.11 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $225,000.

In December 2024, from all listings sold in Columbus, IN there were more than 5 sold above asking price, over 38 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in Columbus, IN between November 2024 and December 2024 decreased by 5.4%. In December 2024 median list price was $270,250 and the average listing age was 32 days.

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

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