La Fontaine IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.59 Acres
Year built:
1974
Baths:
4.00
MLS#:
202441540

ADDITIONAL INFORMATION

Investors take a look at your next portfolio addition! This property boats 2 duplexes for a total of 4 units. Gross monthly rents projected at $2,550. All units have seen a large amount of work put into them in the past few months, as well as a potential $5,000 appliance allowance to put your own finishing touches on the units! Water and electric is all metered separately, allowing tenants to pay their own utilities. There is one 2 bed unit, and three 1 bed units. One unit is currently rented, three units are currently vacant, allowing you to find tenants that best fit your management style. All units have a washer/dryer hookup. New roof and gutters were put in 5 years ago. Recent work in the past 3 months included but is not limited to; new paint, light fixtures, and ceiling fans in all units. All exterior wood and trim has been painted. Brick units both have new water heaters, screen doors, and electric baseboard heaters. One kitchen is loaded with new cabinets and countertops. New LVP throughout. 2 sheds are also included on the back of the property for extra storage. As a very low maintenance property, your portfolio will thank you!

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.



La Fontaine Real Estate

The median home value in La Fontaine, IN is $155,400. This is higher than the county median home value of $153,600. The national median home value is $338,100. The average price of homes sold in La Fontaine, IN is $155,400. Approximately 71.26% of La Fontaine homes are owned, compared to 14.02% rented, while 14.72% are vacant. La Fontaine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a La Fontaine real estate agent to arrange a tour today!

La Fontaine, Indiana 46940 has a population of 983. La Fontaine 46940 is less family-centric than the surrounding county with 24.43% of the households containing married families with children. The county average for households married with children is 26.52%.

The median household income in La Fontaine, Indiana 46940 is $48,438. The median household income for the surrounding county is $59,611 compared to the national median of $69,021. The median age of people living in La Fontaine 46940 is 42.3 years.

La Fontaine Weather

The average high temperature in July is 84.4 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 40.2 inches per year, with 28.9 inches of snow per year.

La Fontaine Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    4
    30-day change

La Fontaine Schools and Demographics

Education near La Fontaine, IN

Metric City County
High School Graduates 95.19 89.87
College Degree - 2 year 4.96 8.91
College Degree - 4 year 14.59 19.88
Graduate Degree 2.56 6.71
Expenditures per Student 12,115 12,115
Students per Teacher 15.3 15.3

Elementary Schools near La Fontaine, IN

School Grades Students P/T Ratio ZIP
Allen Elementary School KG - 04 387 16.8 46952
Andrews Elementary School KG - 05 365 14.8 46702
John W Kendall Elementary School KG - 04 409 17.8 46952
Metro North Elementary School KG - 03 340 20 46992
O J Neighbours Elementary School PK - 04 616 19.3 46992
Riverview Elementary School KG - 04 356 16.9 46952
Sharp Creek Elementary School KG - 06 253 16.9 46992
Southwood Elementary School KG - 06 507 18.1 46992

Middle Schools near La Fontaine, IN

School Grades Students P/T Ratio ZIP
Justice Thurgood Marshall Intrmd 05 - 06 544 16 46952
Lafontaine Elementary School 06 - 06 181 9.8 46940
Wabash Middle School 05 - 08 432 13.1 46992

High Schools near La Fontaine, IN

School Grades Students P/T Ratio ZIP
Northfield Junior/Senior High School 07 - 12 509 17.4 46992
Southwood Junior/Senior High School 07 - 12 516 14.8 46992
Wabash High School 09 - 12 418 14.2 46992
White's Junior-Senior High School 07 - 12 109 10.9 46992

Ungraded Schools near La Fontaine, IN

School Grades Students P/T Ratio ZIP
* Heartland Career Center 09 - 12 0 46992
Tucker Area VOC Tech Cntr. PK - 12 0 46952
Wabash/Miami Area Prog. Excpt PK - 12 0 46992

Demographics near La Fontaine, IN 46940

Metric Zip Code City
Neighborhood Type Suburban
Population 983 31,120
Population Density 1,617 75
Median Age 42.3 42.4
People per Household 2.4 2.3
Median Household Income 48,438 59,611
Average Income per Capita 22,720 28,608