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(SOLD) $50,000

507 W Main Street Colfax, IN  46035

  • 0.54 Acres

Property Description for 507 W Main Street Colfax, IN 46035

Looking for a place to build in Colfax? Located within excellent school districts, this plot of land includes 3 parcels of land, priced all together, but can be sold separately. Includes hookups for city water and sewage. A perfect location for a new home, and within walking distance of local amenities in the charming small town of Colfax, this property is full of opportunity!

Address:507 W Main Street Colfax IN 46035
Status:Sold
Sold On: 10/2/2024
Price:$55,000
Bathrooms:0
Lot Size:0.54
County: Clinton County
Township: Perry
School System : Clinton Prairie
MLS #:202431250
Property Type:Residential Land

Lot Dimensions:186x120
Directions:Take Colfax-Manson Road into town of Colfax, turn right onto E Park St, right again onto S Columbia St, then left onto Main

Loan Price
$317
Price And Interest $261/month
Property Tax $35/month
MTG INS $0/month
HOME INS $21/month
Price
$50,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$35/month
Home Owner Insurance
$252 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$211
Tax Year:2024
Mandatory HOA Fee:$

City:Colfax
Subdivision: None
Zip Code:46035

School System:Clinton Prairie
High School:Clinton Prairie
Middle School:Clinton Prairie
Elementary School:Clinton Prairie

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 Shelby Myers and Peggy Carten-Davis with Find Your Bliss Real Estate

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.





Colfax Market Report

164
Avg. DOM
$167.67
Avg. $ / Sq.Ft.
$ 240,000
Med. List Price

The house prices in Colfax 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 Colfax are going Down. The average house price is $245,000.00 and the average price per square feet is $162.94 per square feet. At the moment, the amount of homes listed is exactly 15 houses, with 5 with active status, 1 with pending status and 9 sold in Colfax .

The most popular place to buy a home in Colfax is 1211 - Clinton - Perry. 1211 - Clinton - Perry 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 Colfax .

The average amount of property taxes you would have to pay for a home in Colfax is $1,539.60. 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 Colfax are staying listed for an average of 83 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 Colfax was 5993 minutes ago.

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

The cost of the most expensive home in Colfax is $650,000.00. 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 Colfax is $145,000.00 . 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 Colfax in year 1908 and the newest built house is in year 1960.

The average size of properties in Colfax is 2027.6 sq.ft. , the biggest one being 3138 sq.ft. and the smaller being 900 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.