Loan Price
$1,408
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$249,900 ↓$5,100on 10/11/2024
403 N Melville Street Rensselaer, IN 47978
- 2,016 sq. Ft
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Property Description for 403 N Melville Street Rensselaer, IN 47978
Discover an exceptional opportunity to own a modular office building strategically located in the heart of Rensselaer, Indiana. This well-maintained property is zoned industrial, making it ideal for a variety of industrial business uses, including manufacturing, contracting/construction office, a distribution terminal, and more. The interior of the building features just over 2000 sf of flexible office space (currently split into 8 offices) as well as a reception area, meeting/conference area, kitchenette, 3/4 bath and 1/2 bath. Current zoning is Industrial-2. Please see attached document for use zoning permissions under last column, I-2. "P" marks permitted use and "C" marks conditional use as permitted by the city of Rensselaer building department.
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Address:403 N Melville Street Rensselaer IN 47978
Status:Active
on site: 121 days
Price:$249,900
Bathrooms:0
Sq. Feet:2,016
Year Built:1990
Lot Size:0.45
County: Jasper
Township: Marion
MLS #:808621
Property Type:Industrial
Lot Dimensions:144x124
Directions:231 North to W. Washington Street; Right on W. Washington. W. Washington to N. McKinley Street, Left on N. McKinley. N. Mckinley to E. Elm St., right on E. Elm to North Melville St. Property is at the corner of N. Melville St. and E. Elm.
Total Sq. Ft. :2,016
| Date | Old Price | New Price | Percent Change |
| 10/11/24 | $255,000 | $249,900 | -2% |
| 10/11/24 | $225,000 | $255,000 | 13.33% |
| 10/03/24 | $255,000 | $225,000 | -11.76% |
Tax Year:2023
Mandatory HOA Fee:$
Total Sq. Ft.:2,016
Exterior Features:None
Heat:Forced Air
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Listing provided courtesy of Jason Moon with Trueblood Real Estate, LLC from NIRA as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 08/15/2024 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.
Rensselaer Market Report
121
Avg. DOM
$145.31
Avg. $ / Sq.Ft.
$ 239,950
Med. List Price
The house prices in Rensselaer are not dropping at the moment. There has been a increase in price of $109,350.00. 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 Rensselaer are going Up. The average house price is $259,950.00 and the average price per square feet is $149.39 per square feet. At the moment, the amount of homes listed is exactly 55 houses, with 41 with active status, 1 with pending status and 13 sold in Rensselaer .
The most popular place to buy a home in Rensselaer is 3704 - Jasper - Union. 3704 - Jasper - Union 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 Rensselaer .
The average amount of property taxes you would have to pay for a home in Rensselaer is $817.14. 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 Rensselaer are staying listed for an average of 78 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 Rensselaer was 1844 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Rensselaer is $749,900.00. 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 Rensselaer is $114,900.00 . 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 Rensselaer in year 1830 and the newest built house is in year 2022.
The average size of properties in Rensselaer is 1997.02 sq.ft. , the biggest one being 4370 sq.ft. and the smaller being 789 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.