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(SOLD) $1,300,000

2142 W US 40 Greenfield, IN  46140

  • 8,504 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 2142 W US 40 Greenfield, IN 46140

Here's an amazing opportunity to invest in a fully leased 19 unit rental portfolio, situated on 4.19-acres! This complex is conveniently located just west of Greenfield, a mere 6 miles from Marion County. You'll find a variety of units including 5 doubles, 1 triple & 6 single-family homes. The current owner is fully involved, managing all maintenance & operations. As a result, the units are consistently occupied, and there's typically a waiting list for any vacancies. This property not only exudes a wonderful sense of nostalgia but also holds incredible potential for growth. With below-market rents, there is room for rental increases, allowing you to maximize your investment. from 2012 to 2017, all units have been remodeled. In Dec of 2023 all buildings also received new dimensional shingled roofs.

Address:2142 W US 40 Greenfield IN 46140
Status:Sold
Sold On: 5/31/2024
Price:$1,399,900
Bathrooms:0
Sq. Feet:8,504
Year Built:1942
Lot Size:4.19
County: Hancock
Township: Sugar Creek
MLS #:21944381
Property Type:Multi-Family 5+

Lot Dimensions:182516
Zoning:CN
Directions:Located on US 40 just west of County Rd 200 West (or 6 miles east of the Marion County Line).
Total Sq. Ft. :8,504

Loan Price
$8,029
Price And Interest $6,781/month
Property Tax $706/month
MTG INS $0/month
HOME INS $542/month
Price
$1,300,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$706/month
Home Owner Insurance
$6,504 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$4,236
Tax Year:2023
Mandatory HOA Fee:$

Area: 3007 - Hancock - Sugar Creek
City:Greenfield
Subdivision: Metes & Bounds
Zip Code:46140

Total Sq. Ft.:8,504
EXPLORE TUCKER LUXURY
Ben Crouch, REALTOR®/Broker, F. C. Tucker Company
Ben Crouch
Phone (317) 691-0184
Additional Phone (317) 462-8200
F.C. Tucker Company
VISIT MY PROFILE
Rita Fish, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Rita Fish
(317) 727-0458
VISIT MY PROFILE

Listing provided courtesy of Ben Crouch with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/19/2023 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.





Greenfield Market Report

75
Avg. DOM
$165.36
Avg. $ / Sq.Ft.
$ 299,900
Med. List Price

The house prices in Greenfield are indeed dropping at the moment. There has been a decrease in price of $11,424.96. 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 Greenfield are going Down. The average house price is $299,983.50 and the average price per square feet is $169.05 per square feet. At the moment, the amount of homes listed is exactly 611 houses, with 110 with active status, 75 with pending status and 426 sold in Greenfield .

The most popular place to buy a home in Greenfield is 3005 - Hancock - Center. 3005 - Hancock - Center 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 Greenfield .

The average amount of property taxes you would have to pay for a home in Greenfield is $2,081.96. 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 Greenfield are staying listed for an average of 72 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 Greenfield was 3357 minutes ago.

At the moment we have 7 open houses that you can visit.

The cost of the most expensive home in Greenfield is $890,900.00. 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 Greenfield is $144,900.00 . 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 Greenfield in year 1861 and the newest built house is in year 2024.

The average size of properties in Greenfield is 2132.2 sq.ft. , the biggest one being 6497 sq.ft. and the smaller being 1020 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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