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(SOLD) $55,000

121 W King Street Garrett, IN  46738

Property Description for 121 W King Street Garrett, IN 46738

Location, location, location. What an opportunity! Currently set up as a restaurant but it would be a great location for an office. This corner building sits across from the Garrett State Bank in town. All restaurant equipment, tables, booths, and chairs included in purchase.

Address:121 W King Street Garrett IN 46738
Status:Sold
Sold On: 10/24/2024
Price:$64,900
Bathrooms:0
Year Built:1920
Lot Size:0.05
County: Dekalb County
Township: Keyser
MLS #:202411371
Property Type:Restaurant/Bar

Lot Dimensions:25x80
Directions:Randolph Street to King Street. One block west on King Street.
Basement:Yes

Loan Price
$402
Price And Interest $287/month
Property Tax $92/month
MTG INS $0/month
HOME INS $23/month
Price
$55,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$92/month
Home Owner Insurance
$276 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
3rd Bedroom 1 x 1 Info Not Available
Den 1 x 960 Info Not Available

Semi-Annual Property Tax:$553
Tax Year:2022
Mandatory HOA Fee:$

City:Garrett
Subdivision: None
Zip Code:46738

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Fort Wayne REALTORS®

Listing provided courtesy of Twylia Gottfried and Tresha Tharp with CENTURY 21 Bradley Realty, Inc

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Garrett Market Report

262
Avg. DOM
$166.32
Avg. $ / Sq.Ft.
$ 274,500
Med. List Price

The house prices in Garrett are indeed dropping at the moment. There has been a decrease in price of $34,499.41. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Garrett are going Down. The average house price is $269,700.00 and the average price per square feet is $161.01 per square feet. At the moment, the amount of homes listed is exactly 98 houses, with 26 with active status, 7 with pending status and 65 sold in Garrett .

The most popular place to buy a home in Garrett is . is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Garrett .

The average amount of property taxes you would have to pay for a home in Garrett is $1,523.11. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Garrett are staying listed for an average of 49 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Garrett was 1972 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Garrett is $1,450,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Garrett is $135,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Garrett in year 1886 and the newest built house is in year 2024.

The average size of properties in Garrett is 1823.23 sq.ft. , the biggest one being 5220 sq.ft. and the smaller being 785 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.