• For Sale
  • Multi Family · 10 Units

1864 Shady Ln Columbus, IN 47201 Get directions

$275,000
9 Beds 10 Baths 47,916 Sq. ft. Lot
  • Age 79 Years
  • MLS# 21644415
  • Listed 4 Months 7 Days Ago

Overview

10 unit all brick apartment building with long term tenants in place for immediate cash flow. It is located on a gorgeous acre site which allows for ample parking plus could allow for outdoor relaxation for tenants. The building was built in the 1940s as a nursing home so it appears to be built to last forever! Seller has recently installed a metal roof and a brand new septic system. 2 units are 2 bedroom units, 5 are 1 bedroom units and 3 are studio/efficiency units.

Features

Bedrooms

  • Bedrooms: 9

Appliances

  • Laundry Facilities: NoLaundry

Bathrooms

  • Full Bathrooms: 10

Land Info

  • Lot Description: Lot Information: Access Street
  • Lot Size Acres: 1.1
  • Lot Size Dimensions: 43560

Exterior and Lot Features

  • Lot Size Square Feet: 47916

Garage and Parking

  • Parking Features: Unit Parking: Parking Lot

Homeowners Association

  • Association: No
  • Calculated Total Monthly Association Fees: 0

Multi-Unit Info

  • Number of Units: 10
  • Bedrooms in Unit-1: 1
  • Bedrooms in Unit-2: 1
  • Bedrooms in Unit-3: 2
  • Bedrooms in Unit-4: 1
  • Bedrooms in Unit-5: 1
  • Bedrooms in Unit-7: 1
  • Bedrooms in Unit-8: 2
  • Total Bathrooms in Unit-1: 1
  • Total Bathrooms in Unit-2: 1
  • Total Bathrooms in Unit-3: 1
  • Total Bathrooms in Unit-4: 1
  • Total Bathrooms in Unit-5: 1
  • Total Bathrooms in Unit-6: 1
  • Total Bathrooms in Unit-7: 1
  • Total Bathrooms in Unit-8: 1
  • Total Bathrooms in Unit-9: 1
  • Total Bathrooms in Unit-10: 1
  • Unit-1 Description: FuelGas, HeatForced
  • Unit-2 Description: FuelGas, HeatForced
  • Unit-3 Description: FuelGas, HeatForced
  • Unit-4 Description: FuelGas, HeatForced
  • Unit-5 Description: FuelGas, HeatForced
  • Unit-6 Description: FuelGas, HeatForced
  • Unit-7 Description: FuelGas, HeatForced
  • Unit-8 Description: FuelGas, HeatForced
  • Unit-9 Description: FuelGas, HeatForced

School Information

  • School District: Bartholomew Consolidated

Rental Info

  • Tenant Pays: Insurance Renters, NoUtil

Other Property Info

  • Annual Tax Amount: 2468
  • Source Listing Status: Active
  • County: Bartholomew
  • Directions: Go south on US 31 until you reach Shady Lane, turn right. Property will be on right side.
  • Tax Year: 2014
  • Source Property Type: Multi-Family
  • Area: 315 - Bartholomew - Columbus Northwest
  • Source Neighborhood: 315 - Bartholomew - Columbus Northwest
  • Township: Columbus
  • Property Subtype: 5+Units Commercial
  • Lot Number: 1
  • Source System Name: C2C

Building and Construction

  • Year Built: 1940
  • Building Exterior Type: Brick
  • Property Age: 79
  • House Style: TraditonalAmerican

Nearby Schools

Rating School Grades Distance
3 Taylorsville Elementary School PK-6 3.1 mi
6 Northside Middle School 7-8 2.7 mi
7 Columbus North High School 9-12 2.9 mi
NA Bethel Holiness Christian Private School K-12 0.7 mi

School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.

Neighborhood

Property History for 1864 Shady Ln

Property Price

Date Event Price Price / Sq ft Source
2019-08-07 Price Changed $275,000 Indianapolis
2019-06-15 Price Changed $299,900 Indianapolis
2019-06-10 Listed $215,000 Indianapolis

The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.