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$260,000

491 W Washington Street Rensselaer, IN  47978

  • 4 Beds
  • 3 Baths
  • 3,476 sq. Ft

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Property Description for 491 W Washington Street Rensselaer, IN 47978

What an amazing estate awaits you here. A crazy 1/2 acre in town lot with a monster 3+ Finished garage in a Norman Rockwell like setting on the corner of Washington and College avenue. Truly a must-see as pictures don't do justice for the amount of space here. Partially finished basement with kitchenette, a 2nd laundry on the upper level. Possible 4-5 bedrooms and looks like the home went through a total renovation when it's sold in 2020. REO property now so be sure to ask an agent about requirements to submission of offers and any wanted inspections. Priced aggressively for a quick sale but rest assured being sold AS IS for this price and seller will do or make no repairs or credits for any needed post home inspection or for financing/appraisal. Utilities are on and no alterations of the home will be allowed to be made prior to closing. Ask an agent for details on the REO process. Once an Indiana board contract with POF and/or Approval are reviewed and terms are conditionally accepted online by the sellers asset manager a full REO addendum will be sent for client signatures before a complete contract is deemed accepted. Instructions are online with a link to offer site and terms

Address:491 W Washington Street Rensselaer IN 47978
Status:Active
on site: 11 hrs 3 mins
Price:$260,000
Bedrooms:4 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:3,476
Year Built:1910
Lot Size:0.42
County: Jasper
Township: Marion
MLS #:813188
Property Type:Single Family Residence

Lot Dimensions:125x150
Directions:St Rd 11 into town to College St, South to Washington. Home is on the NW corner of Washington and College
Total Sq. Ft. :3,476
Basement:Yes

Loan Price
$1,464
Price And Interest $1,356/month
Property Tax $0/month
MTG INS $0/month
HOME INS $108/month
Price
$260,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,296 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom 2 Info Not Available
Bedroom 3 Info Not Available
Bedroom 4 Info Not Available
Den Info Not Available
Kitchen Info Not Available
Living Room Info Not Available
Dining Room Info Not Available
Bonus Room Sun Info Not Available
Bonus Room Info Not Available
Other Kitchenette Info Not Available

Tax Year:2023
Mandatory HOA Fee:$

Subdivision: South Add
Zip Code:47978

Total Sq. Ft.:3,476
Interior Features:Breakfast Bar, Eat-in Kitchen
Appliances:Built-In Electric Range, Range Hood, Oven, Microwave, Disposal, Dishwasher
Exterior Features:Other, Storage
Heat:Central, Forced Air
Total Rooms:11
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of John Schupp with SCHUPP Real Estate from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/20/2024 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.





Rensselaer Market Report

119
Avg. DOM
$148.81
Avg. $ / Sq.Ft.
$ 259,900
Med. List Price

The house prices in Rensselaer are indeed dropping at the moment. There has been a decrease in price of $31,050.00. 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 Rensselaer are going Down. The average house price is $259,900.00 and the average price per square feet is $145.14 per square feet. At the moment, the amount of homes listed is exactly 225 houses, with 42 with active status, 1 with pending status and 182 sold in Rensselaer .

The most popular place to buy a home in Rensselaer is 3704 - Jasper - Union. 3704 - Jasper - Union 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 Rensselaer .

The average amount of property taxes you would have to pay for a home in Rensselaer is $847.45. 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 Rensselaer are staying listed for an average of 79 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 Rensselaer was 663 minutes ago.

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

The cost of the most expensive home in Rensselaer is $749,900.00. 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 Rensselaer is $114,900.00 . 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 Rensselaer in year 1830 and the newest built house is in year 2024.

The average size of properties in Rensselaer is 1998.21 sq.ft. , the biggest one being 4370 sq.ft. and the smaller being 789 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.