Sold
Last Sold Price
12 beds6,400 sqft$65/sqft
274 Dayton Rd, Dayton, IN 47941
Multi FamilyProperty Type
1 acresLot Size
1967Year Built
$65/sq ftPrice per sq ft
22 carsParking Spaces

Description

Great investment opportunity for 2 building/8 unit complex across from Dayton Elementary School. Each building has is 3200 SF w/4 units. Units 1, 4,5 & 8 are 1BR, 1BA with eat in kitchen, ceramic tile, and fridge, microwave & oven. Units 2 & 3 are 2BR, 1.5 BA with same amenities. One acre lot has ample parking including 22 spaces. Owner currently pays water, sewer, trash, snow removal, lawn maintenance and building maintenance. All electric, paid by each tenant with their own meter. Rents range from...Great investment opportunity for 2 building/8 unit complex across from Dayton Elementary School. Each building has is 3200 SF w/4 units. Units 1, 4,5 & 8 are 1BR, 1BA with eat in kitchen, ceramic tile, and fridge, microwave & oven. Units 2 & 3 are 2BR, 1.5 BA with same amenities. One acre lot has ample parking including 22 spaces. Owner currently pays water, sewer, trash, snow removal, lawn maintenance and building maintenance. All electric, paid by each tenant with their own meter. Rents range from $500-$600/month per unit and gross $4400/month when 100% rented. Reliable tenants. All new windows upstairs, new roof. TSC schools. Close to I-65 & Subaru. Only one unit vacant.
  • Listed by: Cathy Russell • The Russell Company
Listing closed: 04/30/2018 12:00 AM • Source: Indiana Regional MLS, MLS#: 201802196

Location

Listing Courtesy of The Russell Company

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Property Information for 274 Dayton Road

Property Details
  • Taxes: $3,395 / year
  • MLS Type: Multi Family / Eightplex
  • Style: Two Story
  • Subdivision: None
  • Waterfront: No
  • Pet Restrictions: Yes
Building Information
  • Stories: 2
  • Residences: 8
  • Year Built: 1967
  • Lot Size: 1.00 AC / 43,560 SF
Summary
Location and General Information
  • Area: Tippecanoe County
  • City: Dayton
  • Zip Code: 47941
  • State: IN
  • Township: Sheffield
  • Cross Street: Walnut St
  • Section Number: 4
  • Fips Code: 18157
  • Directions To Property: Off Hwy 38/Walnut St, go east on 38 about .6 miles to Dayton Rd. Turn north on Dayton Rd for about .2 miles. Complex on left. Across from Dayton Elementary.
  • Location: City/Town/Suburb
Taxes and HOA
  • Association Dues $: $.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2017
  • Parcel Number Id: 79-12-04-353-008.000-013
School Information
  • School District: Tippecanoe School Corp.
  • Elementary: Dayton
  • Middle School: Wainwright
  • High School: Mc Cutcheon
Parking
  • Number Of Parking Spaces: 22
  • Parking: Lot
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Eightplex
  • Approx Lot Size Acres: 1.0
  • Lot Dimensions: Irregular
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 6400.0
  • Approx Lot Size Sqft: 43560.0
  • Above Grade Finished Sqft: 6400.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 6400.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level, 0-2.9999
Property and Assessments
  • New Construction: No
  • Year Built: 1967
  • Age: 51
  • Documents Available: Aerial Photo, LBP Form, Sellers Disclosure, Utility Bill Information
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Cable Available, Countertops-Laminate, Eat-In Kitchen, Porch Open, Six Panel Doors, Water Heater Electric
  • Exterior: Brick, Vinyl, Wood
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 8
  • Number of Gas Meters: 0
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 8
  • Number of Ranges/Ovens: 8
  • Number of Refrigerators: 8
  • Number of W/D Hookups: 8
  • Number of Washers: 0
  • Basement: No
  • Basement/Foundation: None
  • Cooling: Wall AC, Window
  • Flooring: Carpet, Ceramic Tile
  • Heating/Fuel: Electricity, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 12
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 12
  • Total Number of Full Baths: 8
  • Total Number of Half Baths: 4
  • Total Baths: 12
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 4
  • Num Of 2 Bedrooms: 4
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 6
  • Number of Buildings: 2
  • Number of Units: 8
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $52,800
  • Annual Insurance Expense: $0
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $44,205
  • Annual Property Tax: $3,395
  • Annual Trash Expense: $1,800
  • Annual Water/Sewer Exp: $3,400
  • Gross Monthly Income: $4,400
  • Gross Monthly Rent: $4,400
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Gas: None
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $500
Unit 2
  • Unit 2-Num of Bathrooms: 2
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Gas: None
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $600
Unit 3
  • Unit 3-Num of Bathrooms: 2
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: No
  • Unit 3-Electric: Tenant
  • Unit 3-Garage: No
  • Unit 3-Gas: None
  • Unit 3-Unit Number: 3
  • Unit 3-Unit Rent $: $600
Unit 4
  • Unit 4-Num of Bathrooms: 1
  • Unit 4-Num of Bedrooms: 1
  • Unit 4-Basement: No
  • Unit 4-Currently Rented: Yes
  • Unit 4-Electric: Tenant
  • Unit 4-Garage: No
  • Unit 4-Gas: None
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: 4
  • Unit 4-Unit Rent $: $500
Unit 5
  • Unit 5-Num of Bathrooms: 1
  • Unit 5-Num of Bedrooms: 1
  • Unit 5-Basement: No
  • Unit 5-Currently Rented: Yes
  • Unit 5-Electric: Tenant
  • Unit 5-Garage: No
  • Unit 5-Gas: None
  • Unit 5-Rent Frequency: Monthly
  • Unit 5-Unit Number: 5
  • Unit 5-Unit Rent $: $500
Unit 6
  • Unit 6-Num of Bathrooms: 2
  • Unit 6-Num of Bedrooms: 2
  • Unit 6-Basement: No
  • Unit 6-Currently Rented: Yes
  • Unit 6-Electric: Tenant
  • Unit 6-Garage: No
  • Unit 6-Gas: None
  • Unit 6-Rent Frequency: Monthly
  • Unit 6-Unit Number: 6
  • Unit 6-Unit Rent $: $575
Rental
Rental Information
  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Electric, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Property History for 274 Dayton Road

DateEvent & SourcePriceAppreciation
Apr 30, 2018

Sold (Public Record)

Public Record #621390928

$415,000
Apr 30, 2018

Sold

Indiana Regional MLS #201802196

$415,000
Apr 2, 2018

Pending

Indiana Regional MLS #201802196

DateEvent & SourcePrice
04/30/2018

Sold (Public Record)

Public Record #621390928

$415,000
04/30/2018

Sold

Indiana Regional MLS #201802196

$415,000
04/02/2018

Pending

Indiana Regional MLS #201802196

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 274 Dayton Road

Taxable ValueLand$71,900Additions$125,000Total$196,900
Tax Record2024$3,639 ($303 / month)
Home Facts
Total Finished SqFt6,400 SqFtAbove Grade Finished SqFt6,400 SqFtStories2Lot Size43,560 SqFtStyleMulti-Family Res (5+ Units)Year Built1967Year Renovated1967ZoningR1UCountyTIPPECANOEAPN79-12-04-353-008.000-013

Schools near 274 Dayton Road

This home is within Tippecanoe School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 5 to 12
Rating
School
Distance
Dayton Elementary School
PublicK to 5

Wainwright Middle School
Public6 to 8

McCutcheon High School
Public9 to 12

Greater Lafayette Career Academy
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 274 Dayton Road, Dayton, IN 47941
$415,000
12
6,400
43,560
1
1,424
32,670
2,120
29,185
$132,000
4
2,640
12,197
$151,000
3
1,856
14,375
2
1,990
27,007

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Russell Company

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.