981 E Washington St

$499,900
Price
12
Beds
4,040 Sq. Ft.
$124 / Sq. Ft.
4,040
Sq. Ft.
$124
per Sq. Ft.

Description

Rare Opportunity for this very well maintained 6 UNIT INCOME PROPERTY in Rensselaer. Across from Van Rensselaer schools. 4040 SF building. Each unit has a living room, eating area, kitchen with gas stove and fridge, 2 bedrooms with hardwood floors, and 1 bath. Each has its own newer boiler for hot water heat, newer window ac unit that is a combination unit with heat on those mornings you need to just knock of the chill without turning on the boiler. The complex has recent updates including new 50...Rare Opportunity for this very well maintained 6 UNIT INCOME PROPERTY in Rensselaer. Across from Van Rensselaer schools. 4040 SF building. Each unit has a living room, eating area, kitchen with gas stove and fridge, 2 bedrooms with hardwood floors, and 1 bath. Each has its own newer boiler for hot water heat, newer window ac unit that is a combination unit with heat on those mornings you need to just knock of the chill without turning on the boiler. The complex has recent updates including new 50 year GAF shingles in 2013, new hot water heaters in 2024, Boilers, fridges and stoves have all been replaced within 10 years. The common laundry has coin operated units including 2 washers, 2 dryers, and a sink. Each unit has a cabinet for their laundry items. Seller pays for the utilities for common laundry only.
  1. Listed by JoAnn McElfresh • Jenkins, REALTORS, INC.
    P: (219)-863-4268 C: (219)-863-4268 jenkins4homes@yahoo.com

Property Details for 981 East Washington Street

Subdivision
none
Pets Allowed
No
LISTING UPDATED: 11/12/2025 01:03 PM

Property Details for 981 East Washington Street

StatusPending
MLS #829313
Days on Market29
Taxes$2,265 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1967
CountyJasper County

Location

Listing Courtesy of Jenkins, REALTORS, INC.
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Building Information for 981 East Washington Street

Building/Complex981 E Washington StFloor-Stories-Residences6Pet Policy-Pet Policy DetailsNoYear Built1967Building Size-

Payment Calculator

$2,659 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,470

Property Taxes

$189

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 981 East Washington Street

Summary
Location and General Information
  • Directions: US 231 to Washington Street east 6 blocks to complex.
  • Cross Street Address: Melville
  • City/Town: Rensselaer
  • State: IN
  • Township: Marion
  • ZIP: 47978
  • Latitude: 40.94
  • Longitude: -87.14
  • County: Jasper
Taxes and HOA
  • Annual Tax Amount: $2,265.00
  • APN/Key #: 370729000058000027
  • Tax Year: 2024
  • Tax Legal Description: PT W SIDE NW 29 29 6 .52A (APT)
School Information
  • School District: Rensselaer Central
Parking
  • Garage Description: Asphalt
Property
Lot Information
  • Lot Square Footage: 22,651.00
  • Total Sq. Ft.: 4040.0
  • Square Footage Source: Assessor
  • Acres: .52
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Apartment
  • Year Built: 1967
  • Lot Description: Rectangular Lot
Utilities
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Rain Gutters
  • Out Buildings: Outbuilding
  • Levels: One
Interior Features
  • Appliances: Dryer, Washer, Range Hood, Refrigerator, Gas Water Heater, Gas Range
  • Basement: No
  • Total Full Baths: 6
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 0
  • Total Baths: 6
  • Bedrooms: 12
  • Cooling: Ceiling Fan(s), Individual Units, Unit Control
  • Flooring: Carpet, Tile, Linoleum, Hardwood
  • Heat Type: Central, Individual Unit, Unit Control, Natural Gas, Hot Water
  • Interior Features: Ceiling Fan(s)
  • Roof: Shingle
  • Total # of Rooms: 30
Multi Family
Multi-Family Information
  • # of Units: 6
Rental
Rental Information
  • TenantPays: All Utilities

Property History for 981 East Washington Street

DateEvent & SourcePriceAppreciation
Nov 12, 2025

Pending

Northwest Indiana REALTORS® Association #829313

Oct 14, 2025

Listed (Active)

Northwest Indiana REALTORS® Association #829313

$499,900
DateEvent & SourcePrice
11/12/2025

Pending

Northwest Indiana REALTORS® Association #829313

10/14/2025

Listed (Active)

Northwest Indiana REALTORS® Association #829313

$499,900

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

Public Records for 981 East Washington Street

Taxable ValueLand$29,200Additions$162,900Total$192,100
Tax Record2024$2,265 ($189 / month)
Home Facts
Total Finished SqFt4,040 SqFtAbove Grade Finished SqFt4,040 SqFtStories1Lot Size22,651 SqFtStyleMulti-Family Res (5+ Units)Year Built1967ZoningBUFFCountyJASPERAPN37-07-29-000-058.000-027

Schools near 981 East Washington Street

This home is within Rensselaer Central School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Rensselaer Central Primary School
PublicPK to 2

Van Rensselaer Elementary School
Public3 to 5

Rensselaer Middle School
Public6 to 8

Rensselaer Central High School
Public9 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jenkins, REALTORS, INC.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association 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, Northwest Indiana REALTORS® AssociationSoutheastern 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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/25/2025 11:28 AM. 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.