Loan Price
$4,814
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$800,000 ↓$400,000on 7/10/2024
2285 S State Road 67 Road Paragon, IN 46166
- 4,800 sq. Ft
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Property Description for 2285 S State Road 67 Road Paragon, IN 46166
The Trackside Bar & Grill is available for sale! The Morgan County-"Paragon-icon" has been serving up drinks, food and fun for as long as anyone can remember! The property also includes two residential homes which are leased for $2,000/month. The restaurant was updated in 2022 when the bar was added. The renovation included cool overhead garage doors, billiard room and karaoke area. The fun continues with outdoor seating. The bar is currently bringing in $6,000/month. There are no leases in place with the current tenants, but the residential tenants would stay. There are sprinklers in the kitchen area. The memorabilia, signs and personal items do not stay. Listing agent must be present for showings. There is no sign. Please be respectful of the bar tenant and do not discuss information. An appointment must be made for all showings. Come visit where everybody knows your name!
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Address:2285 S State Road 67 Road Paragon IN 46166
Status:Active
on site: 204 days
Price:$800,000
Bathrooms:0
Sq. Feet:4,800
Year Built:1997
Lot Size:0.32
County: Morgan
Township: Ray
MLS #:21980914
Property Type:Retail
Road Frontage:County Road
Road Access:Street Cuts
Road Surface:Asphalt
Zoning:Commercial
Directions:GPS Friendly
Total Sq. Ft. :4,800
| Date | Old Price | New Price | Percent Change |
| 07/10/24 | $1,200,000 | $800,000 | -33.33% |
| 06/20/24 | $1,300,000 | $1,200,000 | -7.69% |
Semi-Annual Property Tax:$1,849
Tax Year:2023
Financial Disclosures:Not Applicable
Mandatory HOA Fee:$
Total Sq. Ft.:4,800
Cool:Central Electric
Heat:Propane
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Listing provided courtesy of Brenda Richards with Leading Edge Commercial Real Estate, LLC from MIBOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 05/21/2024 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.
Paragon Market Report
99
Avg. DOM
$136.96
Avg. $ / Sq.Ft.
$ 257,450
Med. List Price
The house prices in Paragon are indeed dropping at the moment. There has been a decrease in price of $241,000.00. 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 Paragon are going Down. The average house price is $257,450.00 and the average price per square feet is $137.30 per square feet. At the moment, the amount of homes listed is exactly 23 houses, with 6 with active status, 5 with pending status and 12 sold in Paragon .
The most popular place to buy a home in Paragon is 5513 - Morgan - Ray. 5513 - Morgan - Ray 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 Paragon .
The average amount of property taxes you would have to pay for a home in Paragon is $1,369.67. 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 Paragon are staying listed for an average of 80 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 Paragon was 13542 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Paragon is $400,000.00. 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 Paragon is $200,000.00 . 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 Paragon in year 1926 and the newest built house is in year 2003.
The average size of properties in Paragon is 2221.5 sq.ft. , the biggest one being 4852 sq.ft. and the smaller being 1190 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.