Poland, IN 47868-8500,10601 Cunot Cataract Road
Poland, IN 47868-8500,10601 Cunot Cataract Road
Poland, IN 47868-8500,10601 Cunot Cataract Road
28
$1,300,000
$1,500,000
13.3%
Est.Price: ?

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36 BD
25 BA
20,232 SqFt

10601 Cunot Cataract Road Poland, IN 47868-8500

Est. payment /mo
SOLD DATE : 11/14/2024

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Key Details

Sold Price $1,300,000

Property Type Condo

Sub Type Apartment Complex

Listing Status Sold

Purchase Type For Sale

Square Footage 20,232 sqft

MLS Listing ID 202423104

Sold Date 11/14/24

Style One Story

Bedrooms 36

Full Baths 24

Half Baths 1

Abv Grd Liv Area 20,232

Total Fin. Sqft 20232

Year Built 1999

Annual Tax Amount $9,175

Tax Year 2024

Lot Size 5.990 Acres

Property Description

There are a total of 24 units, all of which are currently leased with scheduled rent increases upon renewal. Each of the three buildings comprises four 2-bedroom/1 bath and four 1-bedroom/1 bath units. Notably, each unit offers a vaulted ceiling in the kitchen, dining, and living area, as well as a laundry closet with hook-ups for a stacked washer & dryer. Tenants have access to a community room with a full kitchen, a half-bathroom, and coin-operated laundry. The property has undergone several improvements, including roof replacements and upgraded utility services. Two of the buildings' roofs are only 1 year old, the 3rd roof is 3-4 years old. The owners have provided a list of other improvements that have been made since they purchased the property. As tenants vacated, that unit was rehabbed as needed. There are 40+ parking spaces with designated handicapped parking. Trash removal is included in the rent. Tenants pay all utilities. The property is only shown by appt. Please provide proof of funds or a loan pre-qualification letter before the appt. request. *Please note, the numbers work best for an owner-managed operation.

Location

State IN

County Owen County

Area Owen County

Direction In Spencer, from W SR 46, turn north onto 231, follow to CR 1200 S, turn left and travel 1 mile. At the STOP sign, take a slight left onto IN-42 W. Travel 5.4 miles to Cunot-Cataract Rd, turn left, and look for the property on the right.

Rooms

Family Room 550

Dining Room 0 x 700

Interior

Flooring Carpet, Laminate, Vinyl Tile

Appliance Building, Business, Land

Laundry , 44

Exterior

Exterior Feature Clubhouse, Laundry Facilities, Sidewalks

Garage Spaces 1.0

Fence Decorative, Wood

Amenities Available Ceiling Fan, Cable Available, Ceilings-Vaulted, Detector-Smoke, Open Floor Plan, Porch Covered, Water Heater Electric, Washer Hook-Up

Roof Type Dimensional Shingles

Total Parking Spaces 44

Building

Lot Description Level

Story 1

Structure Type Brick,Vinyl

New Construction No

Schools

Elementary Schools Cloverdale

Middle Schools Cloverdale

High Schools Cloverdale

School District Cloverdale Community Schools

Others

Financing Cash,Conventional

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Indiana Regional MLS (IRMLS)
Listed by Ron Plecher • RE/MAX Realty Professionals • Offc: 812-323-1231
Bought with BLOOM NonMember • NonMember BL

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