Sold
Last Sold Price
32 Gatesville Rd, Unit 1 & 2, Morgantown, IN 46160
Multi FamilyProperty Type
0.48 acresLot Size
1930Year Built

Description

In the heart of bean blossom! Income property. Duplex zoned GB. This property was once a tourist home and can be again if you process through P & Z. Several years of rental history. Property is being sold in "AS IS" condition. No washer and dryer hook-ups. Unit 2 is spacious and has newer furnace. Fireplace is non-functional. Unit 1 (north end) has several updates and is fresh and cozy. Property includes Lots #7 & #8 containing .48 acres. So many other possibilities in Bean Blossom due to zoned GB.In the heart of bean blossom! Income property. Duplex zoned GB. This property was once a tourist home and can be again if you process through P & Z. Several years of rental history. Property is being sold in "AS IS" condition. No washer and dryer hook-ups. Unit 2 is spacious and has newer furnace. Fireplace is non-functional. Unit 1 (north end) has several updates and is fresh and cozy. Property includes Lots #7 & #8 containing .48 acres. So many other possibilities in Bean Blossom due to zoned GB.
  • Listed by: Marg DeGlandon 812.988.4485 margd@remax.net • RE/MAX Team
Listing closed: 02/28/2022 12:00 AM • Source: MIBORMLS, MLS#: 21823796

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Listing Courtesy of RE/MAX Team

Sold By CENTURY 21 Scheetz

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Property Information for 32 Gatesville Road, Unit 1 & 2

Property Details
  • Taxes: $602 semi-annually
  • MLS Type: Residential Income / Residential Units - 1 to 4
  • County: Brown County
  • Architectural Style: Rustic, TraditonalAmerican
  • Subdivision Name: BROWN COUNTY
  • Township: Jackson
  • Zoning: GB
Building Information
  • Residences: 2
  • Year Built: 1930
  • Lot Size: 0.48 AC / 20,908 SF
Summary
Location and General Information
  • City: Morgantown
  • County Or Parish: Brown
  • Directions: Nashville north on State Road 135 to Bean Blossom. First easement lane on right into lot, or turn right on Gatesville Road and it will be first drive on left.
  • Driveway Type: Ramp>5mi
  • Postal Code: 46160
  • Road Access: HwyState,CountyRd
  • Road Frontage Type: HwyState, County Road
  • State Or Province: IN
  • Unit Number: 1 & 2
Taxes and HOA Information
  • Multiple Tax ID: 070230300166008002
  • Parcel Number: 070230300166007002
  • Semi Annual Property Tax Amt: 602
  • Tax Exemption: None
  • Tax Year: 2021
School Information
  • Schools: Brown County High,Brown County Intermediate,Brown County Middle,Sprunica Elementary
Owner
  • Owner Pays: InsHazard, Insurance, Lawncare, Taxes, Water
Parking
  • Carport Spaces: 0.0
  • Garage Spaces: 0.0
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Building Area Source: Assessor
  • Building Information: Smoke Alarm,No Furniture,Storage
  • Current Use: Residential
  • Gross Area SQFT: 2091
  • Lot Number: 7 & 8
  • Lot Size: .48
  • Lot Size Acres: 0.48
  • MLS: MIBOR
  • New Construction: False
  • Possible Use: Residential
  • SqFt Main Upper: 0
  • Structure Type: Duplex,FreeStand
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1930
Property and Assessments
  • Affected by Disclosures: 0
  • Conversion: 0
  • Documents: None
  • DPRYN: 1
  • Inspection Warranties: Not Applicable
  • Investment: 1
  • Photos Count: 38
  • Property Sub Type: Residential Units - 1 to 4
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • SaleTerms: Conventnl
  • Supplement Count: 2
  • Transaction Type: Sale
  • Web Link: www.2liveinbrowncounty.com
Green Features
  • Green Certification: 0
Utilities
  • Building Utilities: Separate Electric Meter,Water,Municipal Water Connected,Septic System,Other
  • Operating Expense Includes: Insurance, Maintenance, Manager, PropTaxes
  • Solid Waste: 0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Exterior Features: Driveway Gravel, Fire Pit
  • Foundation Details: Block
Interior Features
  • Basement YN: Yes
  • HVAC: Prop F/A, baseboard
  • Levels: One
  • Laundry: NoLaundry
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: Parking Lot, Unpaved
Income & Expenses
  • Expenses: 5745
  • Gross Operating Income: 11576
  • Insurance Expenses SF: 85.0000
  • Net Operating Income: $5,831.00
Unit 1
  • Unit Kitchen: 9x7
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 10x10
  • Unit Miscellaneous: Eat In Kitchen,Other,Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 1
  • Unit Num of Rooms: 3
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 320
  • Unit Utilities: ClWindUnit,HeatBaseBd
Unit 2
  • Unit Kitchen: 15x09
  • Unit Levels: 1.5000
  • Unit Master Bedroom: 10x10
  • Unit Miscellaneous: Eat In Kitchen,Fireplace,Other,Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 2.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 8
  • Unit Num of Units: 2
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 1771
  • Unit Utilities: ClWindUnit,FuelPropne,HotWtrElec
Rental
Rental Information
  • Tenant Pays: Carpet Cleaning, Electricity, Gas, Insurance, Trash Collection

Property History for 32 Gatesville Road, Unit 1 & 2

DateEvent & SourcePriceAppreciation
Feb 28, 2022

Sold

MIBORMLS #21823796

$165,000—
Jan 12, 2022

Pending

MIBORMLS #21823796

—
Nov 9, 2021

Listed (Active)

MIBORMLS #21823796

$199,000—
DateEvent & SourcePrice
02/28/2022

Sold

MIBORMLS #21823796

$165,000
01/12/2022

Pending

MIBORMLS #21823796

—
11/09/2021

Listed (Active)

MIBORMLS #21823796

$199,000

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

Schools near 32 Gatesville Road, Unit 1 & 2

This home is within Brown County School Corporation.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Helmsburg Elementary School
PublicPK to 5

Brown County Junior High
Public6 to 8

Brown County High School
Public9 to 12

Sprunica Elementary School
PublicPK to 5

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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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 RE/MAX Team

Based on information submitted to the MLS GRID as of 02/28/2022 01:05 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.