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$139,900 $10,000on 10/23/2023

523 N College Avenue Rensselaer, IN  47978

  • 2 Beds
  • 1 Baths
  • 875 sq. Ft

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Property Description for 523 N College Avenue Rensselaer, IN 47978

Looking for a low maintenance home or great investment property? 523 N College can be both! Currently operating as a great cash-flowing 5 star AirBnb. This complete remodel and renovation was professionally done, down to the insulation and electricals. Reconfigured with an emphasis for a spacious open concept. Features include vaulted ceilings, new flooring, new fixtures, new cabinets/drawers, high-end appliances, and a dual zoned climate control system. The living room flows into the kitchen, passing a custom island, and into your 5x9 laundry room. The bathroom has a new vanity, toilet, tiled floors, and tiled shower surround. Outside you'll find a covered porch, private feeling backyard, and convenient storage shed. This can be "turn-key" with all furniture/décor negotiable. Financials available for qualified buyers. Make this cozy home yours today!

Address:523 N College Avenue Rensselaer IN 47978
Status:Active
on site: 406 days
Price:$139,900
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:875
Year Built:1954
Lot Size:0.15
County: Jasper County
Township: Marion
MLS #:202334503
Property Type:Site-Built Home

Lot Dimensions:50x130
Lot Description:Level
Directions:Head south on 231 toward E Oak St, Turn right onto E Elm St, Turn left toward N Cullen St, Turn right toward N Cullen St, Turn left onto N Cullen St, Turn right onto W Clark St, Turn left onto N College Ave, Home will be on the left
Total Sq. Ft. :875
Basement:No

Loan Price
$823
Price And Interest $730/month
Property Tax $35/month
MTG INS $0/month
HOME INS $58/month
Price
$139,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$35/month
Home Owner Insurance
$696 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/23/23 $149,900 $139,900 -6.67%

RoomSizeLevel
Master Bedroom 10 x 8 Main
2nd Bedroom 9 x 10 Main
Kitchen 14 x 12 Main
Living Room 14 x 13 Main

Semi-Annual Property Tax:$210
Tax Year:2022 payable 2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47978

High School:Rensselaer Central
Middle School:Rensselaer
Elementary School:Rensselaer

Total Sq. Ft.:875
Exterior Features:Vinyl
Fuel:Other Heating System
Cool:Other
Heat:Other Heating System
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Cody Miller with Redlow Group

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.





Rensselaer Market Report

128
Avg. DOM
$150.88
Avg. $ / Sq.Ft.
$ 259,950
Med. List Price

The house prices in Rensselaer are indeed dropping at the moment. There has been a decrease in price of $31,050.00. 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 Rensselaer are going Down. The average house price is $259,900.00 and the average price per square feet is $145.14 per square feet. At the moment, the amount of homes listed is exactly 225 houses, with 42 with active status, 1 with pending status and 182 sold in Rensselaer .

The most popular place to buy a home in Rensselaer is 3704 - Jasper - Union. 3704 - Jasper - Union 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 Rensselaer .

The average amount of property taxes you would have to pay for a home in Rensselaer is $847.45. 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 Rensselaer are staying listed for an average of 79 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 Rensselaer was 349 minutes ago.

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

The cost of the most expensive home in Rensselaer is $749,900.00. 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 Rensselaer is $114,900.00 . 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 Rensselaer in year 1830 and the newest built house is in year 2024.

The average size of properties in Rensselaer is 1998.21 sq.ft. , the biggest one being 4370 sq.ft. and the smaller being 789 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.