10870 Private Road 570

Poland, IN 47868

$525,000
Price
18
Beds
6
Baths
1,560 Sq. Ft.
$337 / Sq. Ft.
1,560
Sq. Ft.
$337
per Sq. Ft.

Description

Here is your next investment property! 3 duplexes with 6 units total on 4.65+/- acres with Cataract Lake in your back yard. All units have their own septic systems. Cataract Water. Endeavor high internet is available. Each unit is 2 bedrooms 1 bath and are all currently rented. Enjoy boating, fishing and swimming at Cataract Lake. Within walking distance to State boat dock and small store for hot food and essentials. Great commute to I-70. Cloverdale Schools. Great investment! Month to Month lease.Here is your next investment property! 3 duplexes with 6 units total on 4.65+/- acres with Cataract Lake in your back yard. All units have their own septic systems. Cataract Water. Endeavor high internet is available. Each unit is 2 bedrooms 1 bath and are all currently rented. Enjoy boating, fishing and swimming at Cataract Lake. Within walking distance to State boat dock and small store for hot food and essentials. Great commute to I-70. Cloverdale Schools. Great investment! Month to Month lease.
  1. Listed by Beth Neeley • Down Home Real Estate & Auction LLC

Property Details for 10870 Private Road 570

Style
One Story
Subdivision
None
Waterfront
No
Pet Restrictions
No

Location

Listing Courtesy of Down Home Real Estate & Auction LLC
Add your commute
LISTING UPDATED: 03/24/2024 03:23 PM

Property Details for 10870 Private Road 570

StatusActive
MLS #202409510
Days on Market38
Taxes$5,746 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1986
Lot Size4.65 AC / 202,554 SF
CountyOwen County

Location

Listing Courtesy of Down Home Real Estate & Auction LLC
Add your commute

Building Information for 10870 Private Road 570

Stories1Residences6Year Built1986Building Size-Lot Size4.65 AC / 202,554 SF

Payment Calculator

$3,344 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,865

Property Taxes

$479

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10870 Private Road 570

Summary
Location and General Information
  • Area: Owen County
  • City: Poland
  • Zip Code: 47868
  • State: IN
  • Township: Jackson
  • Geo Latitude: 39
  • Geo Longitude: -87
  • Fips Code: 18119
  • Directions To Property: WEST ON SR 42 PAST CUNOT COMMUNITY CENTER, FOLLOW ON SR 42 WEST TO PR570 AND TURN RIGHT. ALL 3 DUPLEXES ARE AT THE END OF THE ROAD.
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 60-03-29-400-200.110-019
  • Parcel Id 2: 60-03-29-400-200.120-019
School Information
  • School District: Cloverdale Community Schools
  • Elementary: Cloverdale
  • Middle School: Cloverdale
  • High School: Cloverdale
Parking
  • Number Of Parking Spaces: 12
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 4.65
  • Lot Dimensions: IRREGULAR
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 1560.0
  • Approx Lot Size Sqft: 202554.0
  • Above Grade Finished Sqft: 1560.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 1560.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Irregular
  • Main Level Sqft: 1560.0
Property and Assessments
  • New Construction: No
  • Year Built: 1986
  • Age: 38
  • Planned Unit Development: No
Utilities
  • Sewer: Septic
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Other-See Remarks
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 0
  • Number of Refrigerators: 0
  • Number of W/D Hookups: 6
  • Number of Washers: 0
  • Number Water Meters: 3
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: None
  • Flooring: Vinyl
  • Heating/Fuel: Electricity
  • Stories: 1
  • Number of Above Grade Bedrooms: 12
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 6
  • Total Number of Bedrooms: 18
  • Total Number of Full Baths: 6
  • Total Number of Half Baths: 0
  • Total Baths: 6
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 2
  • 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: 3
  • Number of Units: 6
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $39,600
  • Annual Insurance Expense: $3,600
  • Annual Maint. Expense: $1,000
  • Annual Misc: $500
  • Annual Net Income: $24,830
  • Annual Property Tax: $5,746
  • Annual Trash Expense: $1,800
  • Annual Water/Sewer Exp: $2,124
  • Gross Monthly Income: $3,300
  • Gross Monthly Rent: $3,300
Unit Information
Unit 1
  • Unit 1 SqFt: 650
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 4
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Garage: No
  • Unit 1-Laundry Room: Closet
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $500
Unit 2
  • Unit 2 SqFt: 650
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 4
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Garage: No
  • Unit 2-Laundry Room: Closet
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $500
Unit 3
  • Unit 3 SqFt: 780
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Num of Rooms: 4
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Garage Type: Detached
  • Unit 3-Garage: No
  • Unit 3-Laundry Room: Closet
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 3
  • Unit 3-Unit Rent $: $550
Unit 4
  • Unit 4 SqFt: 780
  • Unit 4-Num of Bedrooms: 2
  • Unit 4-Num of Rooms: 4
  • Unit 4-Basement: No
  • Unit 4-Currently Rented: Yes
  • Unit 4-Garage: No
  • Unit 4-Laundry Room: Closet
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: 4
  • Unit 4-Unit Rent $: $550
Unit 5
  • Unit 5 SqFt: 780
  • Unit 5-Num of Bedrooms: 2
  • Unit 5-Num of Rooms: 4
  • Unit 5-Basement: Yes
  • Unit 5-Currently Rented: Yes
  • Unit 5-Garage: No
  • Unit 5-Laundry Room: Closet
  • Unit 5-Rent Frequency: Monthly
  • Unit 5-Unit Number: 5
  • Unit 5-Unit Rent $: $600
Unit 6
  • Unit 6 SqFt: 780
  • Unit 6-Num of Bathrooms: 1
  • Unit 6-Num of Bedrooms: 2
  • Unit 6-Num of Rooms: 4
  • Unit 6-Basement: No
  • Unit 6-Currently Rented: Yes
  • Unit 6-Garage: No
  • Unit 6-Rent Frequency: Monthly
  • Unit 6-Unit Number: 6
  • Unit 6-Unit Rent $: $600
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electric

Property History for 10870 Private Road 570

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 10870 Private Road 570

This home is within Cloverdale Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Cloverdale Elementary School
PublicPK to 4

Cloverdale Middle School
Public5 to 8

Cloverdale 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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10870 Private Road 570 is a multi-family home for sale in Poland, IN 47868. This property was listed for sale on March 21, 2024 by Down Home Real Estate & Auction LLC, it's currently listed at $525,000. This listing's school district is Cloverdale Community Schools. Nearby schools include Cloverdale Elementary School, Cloverdale Middle School and Cloverdale High School. 10870 Private Road 570 is a 18-bed, 6-bath, 1,560 sqft multi-family home built in 1986.

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.

Listing Courtesy of Down Home Real Estate & Auction LLC

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.