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(SOLD) $645,000

47373 W State Road 28 Redkey, IN  47373

Property Description for 47373 W State Road 28 Redkey, IN 47373

Whether you're a seasoned investor looking to diversify your portfolio or an entrepreneur seeking a rewarding business opportunity, this rural mobile home park offers great investment potential. There is also a rental home located at the back of the property. This mobile home park combines the charm of rural living with the convenience of nearby amenities. Situated on 5.87 acres near the Mississinewa River, this property offers a unique investment opportunity priced at $695,000.

Address:47373 W State Road 28 Redkey IN 47373
Status:Sold
Sold On: 8/6/2024
Price:$695,000
Bathrooms:0 Full Baths
Year Built:2010
Lot Size:5.87
County: Randolph County
Township: Green
School System : Monroe Central
MLS #:202413531
Property Type:Other

Lot Dimensions:x
Directions:SR 28 to Fairvew. Park on your right.
Basement:No

Loan Price
$3,634
Price And Interest $3,365/month
Property Tax $0/month
MTG INS $0/month
HOME INS $269/month
Price
$645,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,228 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Tax Year:2024
Mandatory HOA Fee:$

City:Redkey
Subdivision: Other
Zip Code:47373

School System:Monroe Central
High School:Monroe Central
Middle School:Monroe Central
Elementary School:Monroe Central

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 Paul Faddis with Tarter Realty Auction and Appraisal Company

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.





Redkey Market Report

211
Avg. DOM
$76.48
Avg. $ / Sq.Ft.
$ 124,000
Med. List Price

The house prices in Redkey are indeed dropping at the moment. There has been a decrease in price of $0.00. 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 Redkey are going Down. The average house price is $126,200.00 and the average price per square feet is $76.06 per square feet. At the moment, the amount of homes listed is exactly 20 houses, with 8 with active status, 2 with pending status and 10 sold in Redkey .

The most popular place to buy a home in Redkey is 3809 - Jay - Richland. 3809 - Jay - Richland 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 Redkey .

The average amount of property taxes you would have to pay for a home in Redkey is $845.17. 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 Redkey are staying listed for an average of 103 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 Redkey was 88143 minutes ago.

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

The cost of the most expensive home in Redkey is $185,000.00. 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 Redkey is $85,000.00 . 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 Redkey in year 1886 and the newest built house is in year 2001.

The average size of properties in Redkey is 1766.25 sq.ft. , the biggest one being 2356 sq.ft. and the smaller being 947 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.