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Olinger & Associates, Inc.
1887 S 700 E St Unit 1-2-3, Elwood, IN 46036
- $213,967
- 6
- BD
- 3
- BA
- 2,508
- SqFt
Listing courtesy of Cheryl Trietsch from Century 21 Scheetz - Carmel. Cell: 317-339-7402
Selling Office: NonMember RACI.- Sold Price
- $213,967
- List Price
- $239,900
- Status
- CLOSED
- MLS#
- 202609620
- Closing Date
- May 07, 2026
- Style
- Ranch
- Year Built
- 1973
- Days On Market
- Unknown
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 2,508
- Township
- Madison
Property Description
Great investment opportunity. This brick triplex sits on over an acre of land possibly leaving space to expand on the income potential. All 3 units are currently rented with 2 of the units being on month to month leases and the third expires in October 2026. Apartment 3 was gutted and redone in 2025 so it is all new from the studs out including electrical, plumbing, windows, doors and all new appliances. Plenty of off street parking, laundry connections in each unit, tenants pay electric and any cable/internet connections they want. Seller pays taxes, insurance, trash, landscaping/mowing, snow removal and electric for well pump. Property is on well and septic.
Additional Information
- Acres
- 1.14
- Taxes
- $1,969
- Lot Features
- Level
- Water
- Private Well, Well
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Laminate
- School District
- Tipton Community School Corp.
- Elementary School
- Tipton
- Middle School
- Tipton
- High School
- Tipton
- Agent Name
- Cheryl Trietsch
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 