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8895 W State Road 56

French Lick, IN 47432
  • $345,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 202502454
UPDATED: 48 min ago
$345,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,408
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Gary Schnell of SELL4FREE-WELSH REALTY CORPORATION: andy.welshs4f@gmail.com.

Description

Take a look at this great investment property containing 4 residential units. There are 2 one bedroom units and 2 two bedroom units. The units have been recently updated with new bathrooms and new flooring and fresh paint. Current gross monthly rents are $3000.00. All units are currently leased. There is a washer and dryer available for tenant use.

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-02-09T00:29:02.17.

www.housesinfortwayne.com/homes/159748764
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8895 W State Road 56 French Lick, IN 47432

  • Price: $345,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 48 min ago
  • MLS #: 202502454
6
Beds
4
Baths
0
½ Baths
0.16
Acres
3,408
SQFT
$101
$/SQFT
1930
Built
Neighborhood:
H E Wells
County:
Orange
Area:
Orange
Elementary School:
Springs Valley
Middle School:
Springs Valley
High School:
Springs Valley
School District:
Springs Valley Community Schools
Property Description
Take a look at this great investment property containing 4 residential units. There are 2 one bedroom units and 2 two bedroom units. The units have been recently updated with new bathrooms and new flooring and fresh paint. Current gross monthly rents are $3000.00. All units are currently leased. There is a washer and dryer available for tenant use.
Exterior Features

Driveway Gravel Exterior Vinyl Location City/Town/Suburb Lot Description Level Lot Dimensions 0 Outbuilding None Parking Off Street Parking Spaces 5 Pool YN No Road Access State Road Surface Asphalt Roof Material AsphaltShingle Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 6 Above Grade Finished Sqft 3408 Above Grade Unfin Sq Ft 0 Amenities BasementOff Street ParkingCountertops-LaminateDeck Covered Basement Foundation Full BasementUnfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1580 Cooling Window Dishwashers 0 Disposals 4 Dryers 1 Flooring CarpetLaminate Heating Fuel GasForced Air Microwaves 2 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 1 Total Baths 4 Total Below Grade Sqft 1580 Total Sq Ft 4988 Wash Dry Hookups 1 Washers 1

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 36000 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 29036 Annual Property Tax 3964 Annual Trash Expense 0 Annual Water Sewer Exp 3000 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 1 Common Amenities Laundry Facilities Documents Available LBP FormSellers Disclosure Efficiencies 0 Electric Company Duke Energy Indiana Electric Meters 4 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Indiana Natural Gas Gas Meters 4 Gross Monthly Income 3000 Gross Monthly Rent 3000 Lease Term 1 Year New Construction No One Bedrooms 2 Owner Pays Building InsuranceSewerWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fourplex Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays CoolingElectricHeatingTrash Collection Three Bedrooms 0 Township French Lick Two Bedrooms 2 Units Rented 4 Water Meters 1 Water Utility City Year Taxes Payable 2025

Listing provided by Gary Schnell of SELL4FREE-WELSH REALTY CORPORATION: andy.welshs4f@gmail.com.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-02-09T00:29:02.17.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Gary Schnell of SELL4FREE-WELSH REALTY CORPORATION: andy.welshs4f@gmail.com.