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$127,500 (Pending)

125 E Sherman Street Redkey, IN  47373

  • 4 Beds
  • 2 Baths
  • 1,917 sq. Ft

Property Description for 125 E Sherman Street Redkey, IN 47373

Great opportunity to own this newly remodeled duplex on a corner lot in Redkey. Live in the 3BR downstairs living area while using the 1 BR upstairs apartment, with a completely separate access in the back, to rent out to help make your mortgage payment! Or get even more income by renting out both areas. Seller is also open to selling additional adjacent lots if you would prefer a larger yard. Just a few of the many updates you'll find are a new furnace, water heater, plumbing, electric, and breaker boxes.

Address:125 E Sherman Street Redkey IN 47373
Status:Pending
on site: 85 days
Price:$127,500
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,917
Year Built:1886
Lot Size:0.10
County: Jay County
Township: Richland
School System : Jay
MLS #:202436230
Property Type:Site-Built Home

Lot Dimensions:84x50
Lot Description:Corner,Level,0-2.9999
Directions:St Rd 1 to Sherman. Turn east to sign on the right at corner of Sherman and George.
Total Sq. Ft. :1,917
Basement:No

Loan Price
$788
Price And Interest $665/month
Property Tax $70/month
MTG INS $0/month
HOME INS $53/month
Price
$127,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$70/month
Home Owner Insurance
$636 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 14 x 13 Main
2nd Bedroom 12 x 11 Main
3rd Bedroom 13 x 9 Main
4th Bedroom 13 x 11 Upper
Kitchen 19 x 10 Main
Living Room 13 x 12 Main

Semi-Annual Property Tax:$419
Tax Year:2024
Mandatory HOA Fee:$

City:Redkey
Subdivision: None
Zip Code:47373

School System:Jay
High School:Jay County
Middle School:Jay County
Elementary School:Redkey

Total Sq. Ft.:1,917
Appliances:No Appliances Included
Exterior Features:Vinyl
Fuel:Electric, Gas, Baseboard, Forced Air
Fireplace(s):None
Cool:None
Heat:Electric, Gas, Baseboard, Forced Air
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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 90848 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.