Sold
Last Sold Price
12 beds4,040 sqft$115/sqft
981 E Washington St, Rensselaer, IN 47978
Multi FamilyProperty Type
0.52 acresLot Size
1967Year Built
$115/sq ftPrice 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.
  • Listed by: JoAnn McElfresh 219.863.4268 jenkins4homes@yahoo.com • Jenkins, REALTORS, INC.
Listing closed: 01/29/2026 12:00 AM • Source: Northwest Indiana REALTORS® Association as distributed by MLS GRID, MLS#: 829313

Location

Listing Courtesy of Jenkins, REALTORS, INC.

Sold By RE/MAX Executives

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Property Taxes

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Property Information for 981 East Washington Street

Property Details
  • Pet Policy: Not Allowed
  • Taxes: $2,265 / year
  • MLS Type: Residential Income / Apartment
  • Subdivision: none
  • Pets Allowed: No
  • OriginalListPrice: $499,900.00
  • NRA_DelayedMarketingYN: No
  • NRA_ExemptionYN: No
  • SpecialListingConditions: Standard
  • NRA_AuctionYN: No
  • TaxAssessedValue: $192,100.00
  • NRA_EarnestMoneyDeposit: $5,000.00
Building Information
  • Building/Complex: 981 E Washington St
  • Residences: 6
  • Pet Policy: Not Allowed
  • Pet Policy Details: No
  • Year Built: 1967
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
  • LotSizeSource: Assessor
  • WaterfrontYN: No
  • AboveGradeFinishedArea: 4040.0
  • View: Neighborhood
  • ParkingTotal: 8
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Apartment
  • Year Built: 1967
  • Lot Description: Rectangular Lot
  • NewConstructionYN: No
  • GarageYN: No
  • AssociationYN: No
Utilities
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • WaterSource: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Rain Gutters
  • Out Buildings: Outbuilding
  • Levels: One
  • PatioAndPorchFeatures: Front Porch, Rear Porch
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
  • FireplaceYN: No
  • LaundryFeatures: Gas Dryer Hookup, Washer Hookup, Sink, Main Level, Laundry Room
  • SecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
Multi Family
Multi-Family Information
  • # of Units: 6
Rental
Rental Information
  • TenantPays: All Utilities
  • LeaseConsideredYN: No
  • OwnerPays: Common Area Maintenance, Taxes, See Remarks, Roof Maintenance, Repairs, Insurance, Grounds Care, Exterior Maintenance

Property History for 981 East Washington Street

DateEvent & SourcePriceAppreciation
Jan 29, 2026

Sold

Northwest Indiana REALTORS® Association #829313

$465,000
Nov 12, 2025

Pending

Northwest Indiana REALTORS® Association #829313

Nov 12, 2025

In Contract

Northwest Indiana REALTORS® Association #829313

DateEvent & SourcePrice
01/29/2026

Sold

Northwest Indiana REALTORS® Association #829313

$465,000
11/12/2025

Pending

Northwest Indiana REALTORS® Association #829313

11/12/2025

In Contract

Northwest Indiana REALTORS® Association #829313

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

Public Records for 981 East Washington Street

Taxable ValueLand$30,700Additions$174,000Total$204,700
Tax Record2025$2,066 ($172 / month)
Home Facts
Total Finished SqFt4,040 SqFtAbove Grade Finished SqFt4,040 SqFtStories1Lot Size22,651 SqFtStyleMulti-Family Res (5+ Units)Year Built1967Year Renovated1967ZoningBUFFCountyJASPERAPN37-07-29-000-058.000-027

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 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 Jenkins, REALTORS, INC.

Based on information submitted to the MLS GRID as of 01/29/2026 03:56 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.