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(SOLD) $205,000

602 Hutchins Avenue Columbus, IN  47201

Property Description for 602 Hutchins Avenue Columbus, IN 47201

Great opportunity for a great investment! So much character and original storage closets and built ins. There are a total of 4 units that have been consistently been bringing in total rents of $2325. These rates have not been adjusted for several years so there is plenty of room for adjustment. 3 units in the main building are currently vacant so you can do whatever you'd like with them! Immediately start leasing them, make changes to them if you desire, or convert back to a single family home and leave the back studio as an income opportunity. Studio is occupied by a very long term faithful renter. Landlord pays water for the main building. Studio renter pays water. All units pay electric separately. Great location convenient to Cummins plant and downtown. So much space for a great price means you can be creative and use it to earn even more!

Address:602 Hutchins Avenue Columbus IN 47201
Status:Sold
Sold On: 10/30/2024
Price:$239,000
Bathrooms:0
Year Built:1895
Lot Size:0.11
County: Bartholomew
Township: Columbus
MLS #:21999918
Property Type:Fourplex

Lot Dimensions:4800
Road Access:Not Applic
Directions:GPS Friendly
Basement:Yes

Loan Price
$1,552
Price And Interest $1,069/month
Property Tax $398/month
MTG INS $0/month
HOME INS $85/month
Price
$205,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$398/month
Home Owner Insurance
$1,020 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$2,390
Tax Year:2023
Other Disclosures:None
Mandatory HOA Fee:$

Area: 318 - Bartholomew - Columbus Southeast
Subdivision: Original Town Of Columbus
Zip Code:47201

Jessica Risacher, REALTOR®/Broker, F. C. Tucker Company
Jessica Risacher
Additional Phone (812) 592-5875
F.C. Tucker Company

Listing provided courtesy of Candace Hester with eXp Realty LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/04/2024 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.





Columbus Market Report

102
Avg. DOM
$179.62
Avg. $ / Sq.Ft.
$ 339,500
Med. List Price

The house prices in Columbus are indeed dropping at the moment. There has been a decrease in price of $7,882.41. 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 Columbus are going Down. The average house price is $354,500.00 and the average price per square feet is $174.76 per square feet. At the moment, the amount of homes listed is exactly 928 houses, with 158 with active status, 83 with pending status and 687 sold in Columbus .

The most popular place to buy a home in Columbus is 316 - Bartholomew - Columbus Northeast. 316 - Bartholomew - Columbus Northeast 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 Columbus .

The average amount of property taxes you would have to pay for a home in Columbus is $3,389.24. 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 Columbus are staying listed for an average of 81 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 Columbus was 1771 minutes ago.

At the moment we have 9 open houses that you can visit.

The cost of the most expensive home in Columbus is $19,500,000.00. 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 Columbus is $99,950.00 . 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 Columbus in year 1877 and the newest built house is in year 2024.

The average size of properties in Columbus is 2950.54 sq.ft. , the biggest one being 19714 sq.ft. and the smaller being 694 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.