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$279,900 (Pending)

409 E Franklin Street Greencastle, IN 46135

Property Description
Excellent investment opportunity with this 8-unit apartment building within walking distance of downtown Greencastle and the DePauw University campus. Tenants pay electric. Owner pays water, sewer, trash and common light electric. All units have one bedroom, one bathroom, a storage closet, small kitchen, dining space and living room. HVAC consists of wall A/C units and baseboard heat. Shed on the side for owner storage, or possible conversion to laundry room. Apartments in need of cosmetic updates, but are priced accordingly. With new updates, rental income could be higher. Paved parking lot in front for all units.
Address:409 E Franklin Street Greencastle IN 46135
on site: 21 days
Year Built:1965
Lot Size:0.33
County: Putnam
Township: Greencastle
School System : Greencastle Community
MLS #:21806471
Property Type:5+Units Commercial

Lot Dimensions:14,549
Road Frontage:CityStreet
Road Access:CityStreet
Road Surface:Asphalt
Lot Features:Access Street, Sidewalks, Street Lights, Tree Mature, Wooded
Zoning:ZO01 Residential
Building Utilities:Electric, Sewer, Water
Directions:From the Courthouse Square, go east on Franklin St for 4.5 blocks, property is on the left.
Sq. Ft. Source:Assessor
Loan Price
Price And Interest $1,460/month
Property Tax $151/month
MTG INS $0/month
HOME INS $117/month
Down Payment %
0 %
Down Payment
Property Taxes
Home Owner Insurance
$1,404 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$903
Tax Year:2020
Financial Disclosures:Not Applicable
Other Disclosures:As-Is
Area: 6714 - Putnam - Greencastle
Subdivision: TOWER HILL
Zip Code:46135
School System:Greencastle Community
Exterior Features:Driveway Asphalt
Exterior Type:Aluminum, Brick
Michelle Skillern, REALTOR®/Broker, F. C. Tucker Company, Inc.
Michelle Skillern
Additional Phone (765) 719-0877
F.C. Tucker Company, Inc
409 East FranklinStreet Greencastle, IN 46135

640 Seminary Street


409 East FranklinStreet Greencastle, IN 46135

640 Seminary Street


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Listing provided courtesy of Prime Real Estate Group.

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, Inc. 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.