Address
7662 Arba Pike, Fountain City, IN
Price
$ 399,900
Property Attributes
- MLS#202318529
- TypeMulti-Family
- CountyWAYNE
- CityFountain City
- AreaFranklin
- Zip47341
- Style
- Year Built1970
- Taxes$ 3962
- Price$ 399,900
- Bedrooms9
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Indiana Regional MLS (IRMLS)
Property Description
Check out this investment opportunity in Fountain City! This 9.14 acre mobile home park has a total of 23 lots. 17 lots are currently leased month to month. The lot rent is $285/month. There is a well and septic on the property. Tenant pays electricity.
| Elementary School | Middle School | High School |
|---|---|---|
| Northeastern Elementary School | Northeastern Middle School | Northeastern High School |
| Price History | |
|---|---|
| 6/2/2023 | Listed $424,900 |
| 9/6/2023 | 6% - $399,900 |
General Features
| Age | 53 |
|---|---|
| Agent First Name | Paul |
| Agent Last Name | Faddis |
| Area | Wayne County |
| Assoc. Dues Frequency | Not Applicable |
| Associated Document Count | 2 |
| Auction Y/n | No |
| City | Fountain City |
| Class | INVESTMENT |
| Cooling | None |
| DOM | 187 |
| Elementary School | Northeastern |
| Features | Countertops-Laminate |
| Fips Code | 18177 |
| Heating | Electricity |
| High School | Northeastern |
| Legal Description | PT NE & SE 28-15-1 9.135A |
| Middle School | Northeastern |
| Net Income | 57838 |
| New Construction | No |
| Ownerpays | Tax |
| Pet Restrictions Y/n | No |
| Pool Y/N | No |
| REO | No |
| Rent Income | 61800 |
| School District | Northeastern Wayne Schools |
| Sewer | Septic |
| Status | Active |
| Status | Active |
| Street Name | Arba |
| Style | Other |
| Subdivision | Other |
| Tax Year | 2023 |
| Tenant Pays | Other |
| Township | Franklin |
| Type | Other |
| Virtual Tour | https://www.propertypanorama.com/instaview/irmls/202318529 |
| Year Built | 1970 |
Interior Features
| Basement | None |
|---|---|
| Basement Y/n | No |
| Flooring | Carpet |
| Num. Of 3 Bedrooms | 3 |
| Total Number of Units | 22 |
Exterior Features
| Co-list Agent | 55092 |
|---|---|
| Approx. Lot Size Acres | 9.14 |
| Exterior | Vinyl |
| Lot Description | 6-9.999 |
| Lot Dimensions | x |
| Lot Size Area | 398138 |
| Number of Parking Spaces | 22 |
| Outbuilding | None |
| Waterfront Y/N | No |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on December 11, 2023 11:29 AM UTC
Property vs Multi-Family Average in 47341
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