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(SOLD) $46,000

163 W Compromise Street Berne, IN  46711

  • 3 Beds
  • 1 Baths
  • 1,420 sq. Ft

Property Description for 163 W Compromise Street Berne, IN 46711

Unlock the potential of this prime cash investment property located in the heart of Berne, Indiana! This property offers an attractive opportunity for savvy investors looking to enhance their portfolio with a solid asset. Key Highlights: Prime Location: Situated in a growing community, this property benefits from proximity to local amenities, schools, and parks, making it appealing to potential tenants. Strong Cash Flow Potential: With favorable rental market conditions, this property is poised to generate consistent cash flow, ensuring a profitable investment. Well-Maintained Structure: The property boasts a solid foundation and has been well-maintained, reducing the need for immediate repairs and making it ready for occupancy. Flexible Use Options: Whether you choose to rent it out, flip it, or hold for long-term appreciation, this property provides versatile investment options to suit your strategy. Market Growth: Berne's real estate market shows promising trends, making this a smart investment for both short-term gains and long-term wealth building. Don’t miss out on this exceptional opportunity! Contact us today to schedule a viewing and explore the potential of this fantastic investment property.

Address:163 W Compromise Street Berne IN 46711
Status:Sold
Sold On: 12/9/2024
Price:$46,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,420
Year Built:1900
Lot Size:0.18
County: Adams County
Township: Monroe
School System : South Adams
MLS #:202441228
Property Type:Site-Built Home

Lot Dimensions:60X132
Lot Description:Corner,Level,0-2.9999
Directions:From US Highway 27-N, E on Compromise St., home one left.
Total Sq. Ft. :1,420
Basement:Yes

Loan Price
$300
Price And Interest $240/month
Property Tax $41/month
MTG INS $0/month
HOME INS $19/month
Price
$46,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$41/month
Home Owner Insurance
$228 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 9 x 9 Upper
2nd Bedroom 9 x 9 Upper
3rd Bedroom 9 x 9 Upper
Living Room 12 x 12 Main

Semi-Annual Property Tax:$248
Tax Year:23/24
Mandatory HOA Fee:$

City:Berne
Subdivision: None
Zip Code:46711

School System:South Adams
High School:South Adams
Middle School:South Adams
Elementary School:South Adams

Total Sq. Ft.:1,420
Exterior Features:Wood
Fuel:Forced Air
Cool:Central Air
Heat:Forced Air
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Stephen DiJulius with St. Joseph Realty Group

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.





Berne Market Report

154
Avg. DOM
$116.08
Avg. $ / Sq.Ft.
$ 219,900
Med. List Price

The house prices in Berne are not dropping at the moment. There has been a increase in price of $144,822.33. 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 Berne are going Up. The average house price is $199,000.00 and the average price per square feet is $102.24 per square feet. At the moment, the amount of homes listed is exactly 35 houses, with 7 with active status, 7 with pending status and 21 sold in Berne .

The most popular place to buy a home in Berne is 108 - Adams - Monroe. 108 - Adams - Monroe 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 Berne .

The average amount of property taxes you would have to pay for a home in Berne is $1,480.46. 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 Berne are staying listed for an average of 58 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 Berne was 23645 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Berne is $258,977.00. 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 Berne is $89,900.00 . 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 Berne in year 1886 and the newest built house is in year 2024.

The average size of properties in Berne is 1932.71 sq.ft. , the biggest one being 2689 sq.ft. and the smaller being 1216 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.