6085 Highway 42

Poland, IN 47868

$350,000
Price
4
Beds
2
Baths
1,560 Sq. Ft.
$224 / Sq. Ft.
1,560
Sq. Ft.
$224
per Sq. Ft.

Description

6065 & 6085 SR 42 are the addresses of these 2 duplexes with 4 units total that could be your next investment property! Each unit has 2 bedrooms, 1 bath, living room and kitchen with electric baseboard. Owner pays Cataract Water and trash pickup. Each unit has its own septic. Large parking area and backyard. Within a few minutes from state boat dock ramp for Cataract Lake fishing, boating and fun. Small store for hot food and quick essentials. Good commute to I70 of SR 243. Must give notice to view...6065 & 6085 SR 42 are the addresses of these 2 duplexes with 4 units total that could be your next investment property! Each unit has 2 bedrooms, 1 bath, living room and kitchen with electric baseboard. Owner pays Cataract Water and trash pickup. Each unit has its own septic. Large parking area and backyard. Within a few minutes from state boat dock ramp for Cataract Lake fishing, boating and fun. Small store for hot food and quick essentials. Good commute to I70 of SR 243. Must give notice to view the rentals. HOA dues are $270 a year. Month to month lease on all units.
  1. Listed by Beth Neeley • Down Home Real Estate & Auction LLC

Property Details for 6085 Highway 42

Style
One Story
Subdivision
Other
Waterfront
No
Water Features
Boat Docking Rights
Pet Restrictions
No

Location

Listing Courtesy of Down Home Real Estate & Auction LLC
Add your commute
LISTING UPDATED: 03/24/2024 03:21 PM

Property Details for 6085 Highway 42

StatusActive
MLS #202409469
Days on Market38
Taxes$1,692 / year
HOA Fees$270 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1991
Lot Size1.37 AC / 59,677 SF
CountyOwen County

Location

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

Building Information for 6085 Highway 42

Stories1Residences4Year Built1991Building Size-Lot Size1.37 AC / 59,677 SF

Payment Calculator

$2,074 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$141

HOA Dues

$23

The Payment Calculator is for illustrative purposes only.

Property Information for 6085 Highway 42

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 FROM CUNOT COMMUNITY CENTER, ACROSS FROM WATER TOWER.
Taxes and HOA
  • Association Dues $: $270.00
  • Assoc Dues Frequency: Annually
  • Year Taxes Payable: 2024
  • Parcel Number Id: 60-03-29-200-090.710-019
  • Parcel Id 2: 60-03-29-200-090.720-019
School Information
  • School District: Cloverdale Community Schools
  • Elementary: Cloverdale
  • Middle School: Cloverdale
  • High School: Cloverdale
Parking
  • Number Of Parking Spaces: 10
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 1.37
  • Lot Dimensions: IRREGULAR
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 1560.0
  • Approx Lot Size Sqft: 59677.0
  • 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: Level
  • Main Level Sqft: 1560.0
Property and Assessments
  • New Construction: No
  • Year Built: 1991
  • Age: 33
  • 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: 4
  • Number of Washers: 0
  • Number Water Meters: 2
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: None
  • Flooring: Vinyl Tile
  • Heating/Fuel: Electricity
  • Stories: 1
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 2
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 2
  • Num Of 4 Bedrooms: 2
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 4
  • Number of Buildings: 2
  • Number of Units: 4
  • Restrictions: No
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $27,000
  • Annual Insurance Expense: $1,200
  • Annual Maint. Expense: $1,000
  • Annual Misc: $950
  • Annual Net Income: $18,918
  • Annual Property Tax: $1,692
  • Annual Trash Expense: $1,824
  • Annual Water/Sewer Exp: $1,416
  • Gross Monthly Income: $2,250
  • Gross Monthly Rent: $2,250
Unit Information
Unit 1
  • Unit 1 SqFt: 780
  • 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-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Laundry Room: Closet
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $550
Unit 2
  • Unit 2 SqFt: 780
  • 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-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Laundry Room: Closet
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $550
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-Electric: Tenant
  • Unit 3-Garage: No
  • Unit 3-Laundry Room: Closet
  • Unit 3-Level: Main
  • 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-Electric: Tenant
  • Unit 4-Garage: No
  • Unit 4-Laundry Room: Closet
  • Unit 4-Level: Main
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: 4
  • Unit 4-Unit Rent $: $600
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Association Dues, Building Insurance, Trash Collection, Water
  • Tenant Pays: Electric

Property History for 6085 Highway 42

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6085 Highway 42

Taxable ValueLand$15,300Additions$80,600Total$95,900
Tax Record2023$1,625 ($135 / month)
Home Facts
Baths2Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories1Lot Size36,155 SqFtStyleDuplexYear Built1991CountyOWENAPN60-03-29-200-090.720-019

Schools near 6085 Highway 42

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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6085 Highway 42 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 $350,000. This listing's school district is Cloverdale Community Schools. Nearby schools include Cloverdale Elementary School, Cloverdale Middle School and Cloverdale High School. 6085 Highway 42 is a 4-bed, 2-bath, 1,560 sqft multi-family home built in 1991.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.