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$110,000 $9,900on 2/15/2024(Pending)

1303 3rd Street Covington, IN  47932

  • 1 Beds
  • 1 Baths
  • 600 sq. Ft

Property Description for 1303 3rd Street Covington, IN 47932

An exceptional investment prospect with this property offering two distinct rental homes on a single parcel. The first home has recently been remodeled, and features 2 bedrooms, 1 full bath, and an open concept living/kitchen area with vinyl plank flooring. The second home offers 1 bedroom, full bathroom, kitchen, a cozy living area and a convenient carport next to the home. Don't miss out on this remarkable investment opportunity!

Address:1303 3rd Street Covington IN 47932
Status:Pending
on site: 455 days
Price:$110,000
Bedrooms:1 Beds
Bathrooms:1 Full Baths
Sq. Feet:600
Year Built:1880
Lot Size:0.17
County: Fountain
Township: Troy
MLS #:21939592
Property Type:Single Family Residence

Lot Dimensions:7392
Water Source:Municipal/City
Directions:Take US 136 east to left on 3rd St. Home is on left side of the road.
Main Level Sq. Ft. :600
Total Sq. Ft. :600

Loan Price
$733
Price And Interest $574/month
Property Tax $113/month
MTG INS $0/month
HOME INS $46/month
Price
$110,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$113/month
Home Owner Insurance
$552 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
02/15/24 $119,900 $110,000 -8.26%
12/27/23 $124,900 $119,900 -4%
11/13/23 $129,900 $124,900 -3.85%
10/23/23 $130,000 $129,900 -0.08%
09/18/23 $135,000 $130,000 -3.7%

RoomSizeLevel
Primary Bedroom 10x9 Main
Living Room 12x14 Main
Kitchen 11x10 Main

Semi-Annual Property Tax:$677
Tax Year:2022
Mandatory HOA Fee:$

Area: 2305 - Fountain - Troy
Subdivision: No Subdivision
Zip Code:47932

Total Sq. Ft.:600
Interior Features:Windows Vinyl
Eating Area(s):Dining Combo/Living Room
Appliances:Gas Water Heater, Gas Oven, Refrigerator
Equipment:Smoke Alarm
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Water Heater, Gas Oven, Refrigerator
Total Rooms:4
Chad Hess, REALTOR®/Broker, F. C. Tucker Company
Chad Hess
Phone (765) 376-4737
Additional Phone (765) 362-4700
F.C. Tucker Company

Listing provided courtesy of Chad Hess with F.C. Tucker West Central from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/21/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Covington Market Report

184
Avg. DOM
$117.12
Avg. $ / Sq.Ft.
$ 261,950
Med. List Price

The house prices in Covington are indeed dropping at the moment. There has been a decrease in price of $5,050.00. 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 Covington are going Down. The average house price is $266,950.00 and the average price per square feet is $118.40 per square feet. At the moment, the amount of homes listed is exactly 77 houses, with 22 with active status, 9 with pending status and 46 sold in Covington .

The most popular place to buy a home in Covington is 2305 - Fountain - Troy. 2305 - Fountain - Troy 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 Covington .

The average amount of property taxes you would have to pay for a home in Covington is $1,779.55. 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 Covington are staying listed for an average of 99 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 Covington was 3549 minutes ago.

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

The cost of the most expensive home in Covington is $615,000.00. 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 Covington is $119,000.00 . 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 Covington in year 1890 and the newest built house is in year 2024.

The average size of properties in Covington is 2593.86 sq.ft. , the biggest one being 6769 sq.ft. and the smaller being 768 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.