324 Cossell Drive, Unit 324

Indianapolis, IN 46224

$530,600
Price
2
Beds
1
Bath
650 Sq. Ft.
$816 / Sq. Ft.
650
Sq. Ft.
$816
per Sq. Ft.

Description

Public Real Estate Auction: Tuesday, April 16th at 6:00 PM | INVESTOR SPECIAL! (4) Duplexes included in this sale, 8 total units. Each duplex has 2 units. Each unit has 2 bedrooms, 650 SF, 1 bath, W/D hook up, dining area, large living room, long driveway, and big back yards that back up to a wood line for privacy! Storage space in the back of each unit. All units except for 1 are rented. Tenant is responsible for electric and water bill. Trash is provided by the city. Each unit comes with a stove...Public Real Estate Auction: Tuesday, April 16th at 6:00 PM | INVESTOR SPECIAL! (4) Duplexes included in this sale, 8 total units. Each duplex has 2 units. Each unit has 2 bedrooms, 650 SF, 1 bath, W/D hook up, dining area, large living room, long driveway, and big back yards that back up to a wood line for privacy! Storage space in the back of each unit. All units except for 1 are rented. Tenant is responsible for electric and water bill. Trash is provided by the city. Each unit comes with a stove and refrigerator. Rent is currently bringing approximately $6,000 +/- per month gross. | The price stated on this property is the assessed value. This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. All measurements and financial information are not guaranteed accurate. | $20,000 down day of the auction. | To see all terms, please visit our website.
  1. Listed by Timothy McCulloch • Scheerer McCulloch Real Estate

Property Details for 324 Cossell Drive, Unit 324

Style
One Story
Subdivision
None
Waterfront
No
Pet Restrictions
No

Location

Listing Courtesy of Scheerer McCulloch Real Estate
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LISTING UPDATED: 04/17/2024 12:18 PM

Property Details for 324 Cossell Drive, Unit 324

StatusPending
MLS #202407415
Days on Market40
Taxes$13,010 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1972
Lot Size1.65 AC / 71,874 SF
CountyMarion County

Location

Listing Courtesy of Scheerer McCulloch Real Estate
Add your commute

Building Information for 324 Cossell Drive, Unit 324

Stories1Residences8Year Built1972Building Size-Lot Size1.65 AC / 71,874 SF

Payment Calculator

$3,980 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,896

Property Taxes

$1,084

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 324 Cossell Drive, Unit 324

Summary
Location and General Information
  • Area: Marion County
  • City: Indianapolis
  • Zip Code: 46224
  • State: IN
  • Township: Wayne
  • Geo Latitude: 40
  • Geo Longitude: -86
  • Fips Code: 18097
  • Directions To Property: Head east on Rockville Rd toward S Mickley Ave. Turn left onto Cossell Dr. Arrive at 318 Cossell Dr.
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2023
  • Parcel Number Id: 49-11-06-105-069.000-900
School Information
  • School District: Indianapolis Public Schools
  • Elementary: Ernie Pyle #90
  • Middle School: Arlington Community Schools
  • High School: Arlington Community Schools
Parking
  • Number Of Parking Spaces: 0
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 1.65
  • Lot Dimensions: 238' x 234'
  • Lot Number: 900
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 650.0
  • Approx Lot Size Sqft: 71874.0
  • Above Grade Finished Sqft: 650.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 650.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level, Partially Wooded
Property and Assessments
  • New Construction: No
  • Year Built: 1972
  • Age: 52
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Off Street Parking, Water Heater Electric, Other-See Remarks
  • Exterior: Brick
  • 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: 8
  • Number of Refrigerators: 8
  • Number of W/D Hookups: 8
  • Number of Washers: 0
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Wall AC
  • Flooring: Carpet, Vinyl
  • Heating/Fuel: Baseboard
  • Stories: 1
  • Number of Above Grade Bedrooms: 2
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 2
  • Total Number of Full Baths: 1
  • Total Number of Half Baths: 0
  • Total Baths: 1
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 8
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 0
  • Number of Buildings: 4
  • Number of Units: 8
Income & Expenses Information
  • Annual Electric Expense: $224.31
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $72,000
  • Annual Insurance Expense: $7,448
  • Annual Maint. Expense: $5,678
  • Annual Misc: $0
  • Annual Net Income: $45,135
  • Annual Property Tax: $13,010
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $504
  • Gross Monthly Income: $6,000
  • Gross Monthly Rent: $6,000
Rental
Rental Information
  • Lease Term: None
  • Owner Pays: Other
  • Tenant Pays: Other

Property History for 324 Cossell Drive, Unit 324

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 324 Cossell Drive, Unit 324

This home is within M S D Wayne Township.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 10 to 12
Public - 10 to 12
Rating
School
Distance
Garden City Elementary School
PublicPK to 6

Lynhurst 7th & 8th Grade Center
Public7 to 8

Ben Davis High School
Public10 to 12

Ben Davis University High School
Public10 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 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 Scheerer McCulloch Real Estate

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.