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$775,000

202 E 5th Street Fowler, IN  47944

  • 15,560 sq. Ft

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Property Description for 202 E 5th Street Fowler, IN 47944

***INVESTMENT OPPORTUNITY*** ***PASSIVE INCOME***Looking to expand your real estate portfolio? This mulit-use, 16 unit commercial property is one you will want to take a look at! With an 8.5% CAP rate, over $100K in capital improvements this year, this property is an excellent addition to your real estate investments. New roof, new exterior doors, new upper deck, all in the last 90 days! Currently rented with an 81% occupancy rate! Increase your earning potential with 100% occupancy rate! Call an agent today!

Address:202 E 5th Street Fowler IN 47944
Status:Active
on site: 91 days
Price:$775,000
Bathrooms:0
Sq. Feet:15,560
Year Built:1900
Lot Size:0.26
County: Benton
Township: Center
MLS #:810025
Property Type:Mixed Use

Lot Dimensions:88x132
Directions:US 52 to 5th St. 5th St East to property
Total Sq. Ft. :15,560
Basement:Yes

Loan Price
$4,366
Price And Interest $4,043/month
Property Tax $0/month
MTG INS $0/month
HOME INS $323/month
Price
$775,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,876 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Tax Year:2023
Mandatory HOA Fee:$

City:Fowler
Subdivision: Fowler
Zip Code:47944

Total Sq. Ft.:15,560
Exterior Features:Balcony
Heat:Forced Air, Natural Gas
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 Trisha Potts with RE/MAX Executives from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/13/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Fowler Market Report

71
Avg. DOM
$121.7
Avg. $ / Sq.Ft.
$ 199,900
Med. List Price

The house prices in Fowler are indeed dropping at the moment. There has been a decrease in price of $27,835.71. 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 Fowler are going Down. The average house price is $244,900.00 and the average price per square feet is $125.10 per square feet. At the moment, the amount of homes listed is exactly 58 houses, with 17 with active status, 3 with pending status and 38 sold in Fowler .

The most popular place to buy a home in Fowler is 406 - Benton - Center. 406 - Benton - Center 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 Fowler .

The average amount of property taxes you would have to pay for a home in Fowler is $1,715.16. 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 Fowler are staying listed for an average of 65 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 Fowler was 4326 minutes ago.

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

The cost of the most expensive home in Fowler is $425,000.00. 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 Fowler is $89,750.00 . 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 Fowler in year 1880 and the newest built house is in year 2024.

The average size of properties in Fowler is 2030.35 sq.ft. , the biggest one being 3518 sq.ft. and the smaller being 1179 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.