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$975,000 $275,000on 10/16/2024

11750 E State Road 205 Laotto, IN  46763

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Property Description for 11750 E State Road 205 Laotto, IN 46763

Welcome to an exceptional opportunity for firearm enthusiasts and entrepreneurs! This retail firearm store with a cutting-edge indoor gun range is a premier asset available for purchase. Situated on approximately 1.4 acres along a bustling state road, this property boasts excellent frontage and visibility to capture the attention of passing vehicles. The main structures are constructed with top-tier materials, utilizing SIP construction in the form of metal buildings. The retail store spans approximately 7,640 sq ft, offering ample space for showcasing merchandise and accommodating customers. Additionally, the nearly new indoor gun range, spanning approximately 2,760 sq ft, is a state-of-the-art facility equipped with electronic range targets by Evolve Range Solutions.This turnkey operation includes most fixtures, furniture, and equipment necessary for seamless business continuity. The indoor shooting range stands out with its technological advancements, featuring eight shooting lanes, six of which are equipped with model RS-1000 Gen 5 electric target retrieval systems. Safety measures include a granulated rubber blubber backstop, ensuring a 99% reduction in lead contamination compared to steel backstops, along with 8” poured concrete walls and a prefab concrete roof, guaranteeing structural integrity and safety. Furthermore, the range is equipped with a sophisticated ventilation system, integrating a HEPA filter system designed to minimize lead exposure, creating a safe and healthy environment for both customers and staff. The premises are fully handicap accessible and include public restroom facilities. This property also features a spacious classroom area dedicated to training and classes, catering to the educational needs of firearm enthusiasts. Don't miss this rare opportunity to own a turnkey retail firearm store with a cutting-edge indoor gun range, perfectly positioned for success in a high-traffic location. Documents detailing inclusions (fixtures/improvements) with the sale are available for review. Act swiftly to secure this unique and thriving business opportunity in the firearm industry!

Address:11750 E State Road 205 Laotto IN 46763
Status:Active
on site: 388 days
Price:$975,000
Bathrooms:0
Year Built:1998
Lot Size:1.40
County: Noble County
Township: Swan
MLS #:202342630
Property Type:Industrial

Lot Dimensions:170 x 407 x 158 x 357
Directions:West of Lima Rd, subject property is on south side of 205
Basement:No

Loan Price
$6,147
Price And Interest $5,086/month
Property Tax $655/month
MTG INS $0/month
HOME INS $406/month
Price
$975,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$655/month
Home Owner Insurance
$4,872 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/16/24 $1,250,000 $975,000 -22%
07/29/24 $1,275,000 $1,250,000 -1.96%
05/21/24 $1,500,000 $1,275,000 -15%
04/11/24 $1,700,000 $1,500,000 -11.76%

RoomSizeLevel
3rd Bedroom 2 x 1 Info Not Available
4th Bedroom 1 x null Info Not Available
Den 2 x 4880 Info Not Available

Semi-Annual Property Tax:$3,930
Tax Year:2023
Mandatory HOA Fee:$

City:Laotto
Subdivision: None
Zip Code:46763

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 Tyler Secrist with CENTURY 21 Bradley Realty, Inc

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.





Laotto Market Report

35
Avg. DOM
$173.4
Avg. $ / Sq.Ft.
$ 369,000
Med. List Price

The house prices in Laotto are indeed dropping at the moment. There has been a decrease in price of $762,500.00. 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.

There is no data available at this time for Laotto.

The most popular place to buy a home in Laotto is . 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 Laotto .

The average amount of property taxes you would have to pay for a home in Laotto is $1,297.00. 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 Laotto are staying listed for an average of 61 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 Laotto was 59857 minutes ago.

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

The cost of the most expensive home in Laotto is $369,000.00. 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 Laotto is $369,000.00 . 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 Laotto in year 1984 and the newest built house is in year 1984.

The average size of properties in Laotto is 2128 sq.ft. , the biggest one being 2128 sq.ft. and the smaller being 2128 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.