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$239,000
1 S Meridian Street Redkey, IN 47373
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Property Description for 1 S Meridian Street Redkey, IN 47373
Have you ever wanted to own a bar?!? Now is your chance! Val's Bar and Grill is a fully operational bar currently offering food, weekly Queen of Hearts drawings, pool table, Wifi Juke box, bowling game, and a regular stop and host of Poker Runs. It is also one of several businesses who support each other as part of Redkey's Downtown Revitalization. Sale includes all restaurant equipment, Security System, Safe, and Type 210 3-way Liquor License. Val's also has a Catering and Carry-Out Endorsement, Gaming License, and Cigarette License that Buyer can apply for. The ATM, pool table, games, jukebox, and Coke cooler are owned by a 3rd Party. In addition to the Bar, there are also 4 Studio apartments, a one bedroom apartment, and a large garage currently rented out for storage to provide additional income. And there is so much more untapped potential in this building with 3 additional storefronts and 5 more apartments that just need someone to put the effort into bringing them back to life! Seller is willing to assist with transition to new owners for up to 30 days, and would like to give the current employees an opportunity to continue to be employed with the new owners.
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Address:1 S Meridian Street Redkey IN 47373
Status:Active
on site: 63 days
Price:$239,000
Bathrooms:0
Year Built:1899
Lot Size:0.58
County: Jay County
Township: Richland
MLS #:202439515
Property Type:Restaurant/Bar
Lot Dimensions:110x95, 85X118, 46X104
Directions:St 67 to St Rd 1, go south to corner of Main and Meridian.
Basement:Yes
| Room | Size | Level |
| Master Bedroom | 12810 x 154 | Info Not Available |
| 2nd Bedroom | 1200 x null | Info Not Available |
| 3rd Bedroom | 7 x 2 | Info Not Available |
| 4th Bedroom | 1 x null | Info Not Available |
| Den | 2 x 12810 | Info Not Available |
Semi-Annual Property Tax:$1,286
Tax Year:2024
Mandatory HOA Fee:$
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Listing provided courtesy of Mark Leavell with Jack Houck Real Estate
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.
Redkey Market Report
211
Avg. DOM
$76.48
Avg. $ / Sq.Ft.
$ 124,000
Med. List Price
The house prices in Redkey are indeed dropping at the moment. There has been a decrease in price of $0.00. 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 Redkey are going Down. The average house price is $126,200.00 and the average price per square feet is $76.06 per square feet. At the moment, the amount of homes listed is exactly 20 houses, with 8 with active status, 2 with pending status and 10 sold in Redkey .
The most popular place to buy a home in Redkey is 3809 - Jay - Richland. 3809 - Jay - Richland 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 Redkey .
The average amount of property taxes you would have to pay for a home in Redkey is $845.17. 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 Redkey are staying listed for an average of 103 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 Redkey was 91096 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Redkey is $185,000.00. 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 Redkey is $85,000.00 . 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 Redkey in year 1886 and the newest built house is in year 2001.
The average size of properties in Redkey is 1766.25 sq.ft. , the biggest one being 2356 sq.ft. and the smaller being 947 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.