×
  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

$579,900

308 Liberty Street Covington, IN  47932

  • 3 Beds
  • 6 Baths
  • 9,409 sq. Ft

Video Chat

Schedule a Video Chat Tour

Property Description for 308 Liberty Street Covington, IN 47932

GORGEOUS renovated home in the upper level!! Amazing investment opportunity!!! After 18 years of ownership of this property, owners are moving, and this home residence AND profitable thriving business is NOW AVAILABLE for new ownership! Owners are selling the 6,760 sq ft building located in the heart of Covington. Main floor is 4,129 sq ft of commercial space and upstairs has an additional 2,640 sq ft that has a gorgeous fully renovated living space with private entrance. The upstairs is a month to month lease presently RENTING for $2,000/ month. Downstairs hibachi restaurant leasing monthly on east side of building. Additional commercial space on the west side of building for endless options for your entrepreneur vision. The upstairs residence boasts 3-bedroom, 3 full bathrooms. Open concept living space between kitchen and great room. Kitchen has loads of solid surface countertop space for cooking and entertaining. Serene PRIVATE ROOF TOP DECK off the great room. Bar is being sold fully furnished. A few of the items mentioned will include: pool tables, All tables, chairs, and stools, 2 sets of washers and dryers, all appliances, walk-in cooler and freezers, 4 tap and 1 tap kegerator, under counter ice maker, video surveillance and more. Owners will also leave most upstairs furnishings with some reserves if buyer desires. Transferrable LIQUIOR LICENSE IF INTERESTED. Great opportunity with this one for your return on investment.

Address:308 Liberty Street Covington IN 47932
Status:Active
on site: 45 days
Price:$579,900
Bedrooms:3 Beds
Bathrooms:3 Full Baths, 3 Half Baths
Sq. Feet:9,409
Year Built:1938
Lot Size:0.13
County: Fountain
Township: Troy
MLS #:21992185
Property Type:Single Family Residence

Lot Dimensions:5807
Lot Features:Curbs, Sidewalks, Street Lights, Not In Subdivision, Trees-Small (Under 20 Ft)
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :4,129
Upper Level Sq. Ft. :2,640
Total Sq. Ft. :9,409
Basement:Yes

Loan Price
$3,613
Price And Interest $3,025/month
Property Tax $346/month
MTG INS $0/month
HOME INS $242/month
Price
$579,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$346/month
Home Owner Insurance
$2,904 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 18x15 Upper
Bedroom 2 13x13 Upper
Bedroom 3 19x12 Upper
Kitchen 15x12 Upper
Great Room 29x16 Upper
Laundry 9x6 Upper

Semi-Annual Property Tax:$2,077
Tax Year:2023
Mandatory HOA Fee:$

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

Total Sq. Ft.:9,409
Interior Features:Attic Access, Raised Ceiling(s), Center Island, Hardwood Floors, Eat-in Kitchen, Walk-in Closet(s)
Interior Area(s):Great Room - 2 Story, Utility Room
Eating Area(s):Dining Combo/Great Room, Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Microwave, Gas Oven, Range Hood, Refrigerator, Gas Water Heater
Equipment:Smoke Alarm
Exterior Features:Outdoor Fire Pit
Exterior Type:Brick
Fireplace(s):Insert, Living Room, Primary Bedroom
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Microwave, Gas Oven, Range Hood, Refrigerator, Gas Water Heater
Total Rooms:11
Chad Hess, REALTOR®/Broker, F. C. Tucker Company
Chad Hess
Additional Phone (765) 362-4700
F.C. Tucker Company

Schedule a Video Chat Tour

Listing provided courtesy of Lori Paddock with Legacy Land & Homes of Indiana from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/22/2024 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

160
Avg. DOM
$134.43
Avg. $ / Sq.Ft.
$ 265,000
Med. List Price

The house prices in Covington are not dropping at the moment. There has been a increase in price of $127,350.00. 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 Up. The average house price is $264,450.00 and the average price per square feet is $121.88 per square feet. At the moment, the amount of homes listed is exactly 73 houses, with 18 with active status, 18 with pending status and 37 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 $2,005.90. 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 111 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 2954 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 1900 and the newest built house is in year 2024.

The average size of properties in Covington is 2815.28 sq.ft. , the biggest one being 9409 sq.ft. and the smaller being 972 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.