120 North Main Street

120 North Main Street

Churubusco, IN 46723

$385,000
Price
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Beds
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per Sq. Ft.

Description

Beautiful Historic Building in the Heart of Churubusco. 3 Fully leased apartments along with Main Floor & Basement Leased to Rancho Viejo Restaurant Rental income adds up to $4,467 per month. Main floor offers handicap restrooms & handicap ramp. Commercial tenant extending business to the Basement. Apartments count with private front entrance and back stairwell. Public parking across the street in the back along with Parking in the front and back of the building. 2 individual Central AC/Heat systems....Beautiful Historic Building in the Heart of Churubusco. 3 Fully leased apartments along with Main Floor & Basement Leased to Rancho Viejo Restaurant Rental income adds up to $4,467 per month. Main floor offers handicap restrooms & handicap ramp. Commercial tenant extending business to the Basement. Apartments count with private front entrance and back stairwell. Public parking across the street in the back along with Parking in the front and back of the building. 2 individual Central AC/Heat systems. 2nd floor New Furnace in 2024, new AC in 2023, New electric water heater in 2024. 1st Floor New AC in 2022. Apt A includes, Refrigerator & Gas Stove. Apt B Includes Electric Range, Apt C Includes Refrigerator & Electric Range. Building is currently owned and managed by Local investors looking to scale their investment. This is a great opportunity to start, or grow your investing portfolio. Book a showing today. Property also listed as Residential. Listing Agent has financial interest in the property. Buyer to confirm Bedroom measurements. Building is sold as is.
  1. Listed by Cristopher Sanchez • Coldwell Banker Real Estate Group

Property Details for 120 North Main Street

Subdivision
Churubusco Commerce Center
Waterfront
No

Location

Listing Courtesy of Coldwell Banker Real Estate Group
Add your commute
LISTING UPDATED: 04/25/2024 03:28 PM

Property Details for 120 North Main Street

StatusActive
MLS #202411984
Days on Market28
Taxes$4,761 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1947
Lot Size0.08 AC / 3,568 SF
CountyWhitley County

Location

Listing Courtesy of Coldwell Banker Real Estate Group
Add your commute

Building Information for 120 North Main Street

Stories2Residences-Year Built1947Lot Size0.08 AC / 3,568 SF

Payment Calculator

$2,498 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,101

Property Taxes

$397

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 120 North Main Street

Summary
Location and General Information
  • Area: Whitley County
  • City: Churubusco
  • Zip Code: 46723
  • State: IN
  • Township: Smith
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Road Access: City
  • Fips Code: 18183
  • Directions To Property: Building located off US 33 Main street. Between Washington St & E State Rd
Taxes and HOA
  • Annual Taxes: $4,761
  • Year Taxes Payable: 2023 Pay 2024
  • Parcel Number Id: 92-04-13-540-003.000-010
Parking
  • Parking: Off-Street, Public
Property
Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 0.0819
  • Lot Dimensions: 42 X 92
  • Approx Lot Size Sqft: 3568.0
Property and Assessments
  • New Construction: No
  • Year Built: 1947
  • Age: 77
  • Documents Available: Sellers Disclosure
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
  • Platted: Yes
  • Roof Material: Asphalt
Interior Features
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Cooling: Central Air, Heat Pump, Multiple Cooling Units
  • Flooring: Carpet, Concrete, Vinyl, Wood
  • Heating/Fuel: Gas, Forced Air, Heat Pump, Multiple Heating Systems
  • Stories: 2
Multi Family
Multi-Family Information
  • Number of Buildings: 1
Income & Expenses Information
  • Gross Monthly Rent: $4,467

Property History for 120 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 120 North Main Street

Taxable ValueLand$13,900Additions$198,600Total$212,500
Tax Record2023$4,761 ($397 / month)
Home Facts
Total Finished SqFt6,762 SqFtAbove Grade Finished SqFt6,762 SqFtStories2Lot Size3,569 SqFtStyleStoresYear Built1947CountyWHITLEYAPN92-04-13-540-003.000-010

Schools near 120 North Main Street

This home is within Smith-Green Community Schools.
Rating
School
Type
Grades
Distance
Churubusco Elementary School
Public - PK to 5
Churubusco Jr-Sr High School
Public - 6 to 12
Rating
School
Distance
Churubusco Elementary School
PublicPK to 5

Churubusco Jr-Sr High School
Public6 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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More information about 120 North Main Street, Churubusco, IN 46723

120 North Main Street is a mixed use property for sale in Churubusco, IN 46723. This property was listed for sale on April 10, 2024 by Coldwell Banker Real Estate Group, it's currently listed at $385,000. It has been on the market for a total of 28 days and was last sold on July 31, 2019. This listing's school district is Smith-Green Community Schools. Nearby schools include Churubusco Elementary School and Churubusco Jr-Sr High School. 120 North Main Street is a 0-bed, 0-bath, mixed use property built in 1947.

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 Coldwell Banker Real Estate Group

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.