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$169,900 ↓$5,000on 11/16/2024

502 N Madison Street ##1 & #2 Gaston, IN  47342

  • 4 Beds
  • 2 Baths
  • 1,953 sq. Ft

Property Description for 502 N Madison Street ##1 & #2 Gaston, IN 47342

All the work is done! This amazing duplex has been completely remodeled inside with a new coat of paint outside too! Sit back and enjoy all the upgrades that have been done in the last 3 years including: New drywall/paneling throughout / New vinyl plank flooring throughout / All new plumbing / new cabinetry & fixtures in kitchens and baths with including in showers / new appliances including washers and dryers / new heat pump, forced air furnace & central air / New water heater (rented) and new water softener. Roof is 2 years old. A separate mechanical room in between the units allows convenient access to all Main plumbing / HVAC / electrical functions. Separate electric meters for each unit. Both sides are rented month to month. Plenty of room for parking in the paved space in front, lots of room to relax in the .46 acre property. Both units are wheelchair accessible with existing ramps and have 36" entryways. This small town rural setting is just west of the elementary school and within walking distance of all the town has to offer, and the Cardinal Greenway.

Address:502 N Madison Street Gaston IN 47342
Status:Active
on site: 88 days
Price:$169,900
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,953
Year Built:2010
Lot Size:0.45
County: Delaware County
Township: Washington
School System : Wes-Del Community
MLS #:202435749
Property Type:Site-Built Home

Lot Dimensions:133x148
Lot Description:Level
Directions:From Muncie: Wheeling north to 850 N, left on 850 to Madison St., R on Madison to property on right.
Total Sq. Ft. :1,953
Basement:No

Loan Price
$982
Price And Interest $886/month
Property Tax $25/month
MTG INS $0/month
HOME INS $71/month
Price
$169,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$25/month
Home Owner Insurance
$852 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/16/24 $174,900 $169,900 -2.86%
10/18/24 $179,900 $174,900 -2.78%
09/24/24 $199,900 $179,900 -10.01%

RoomSizeLevel
Master Bedroom 16 x 11 Main
2nd Bedroom 16 x 11 Main
3rd Bedroom 11 x 11 Main
4th Bedroom 11 x 12 Main
Kitchen 22 x 11 Main
Living Room 11 x 19 Main

Semi-Annual Property Tax:$147
Tax Year:2024
Mandatory HOA Fee:$

City:Gaston
Subdivision: None
Zip Code:47342

School System:Wes-Del Community
High School:Wesdel
Middle School:Wes-Del
Elementary School:Wes-Del

Total Sq. Ft.:1,953
Appliances:Refrigerator, Washer, Window Treatments, Dryer-Electric, Range-Electric, Water Heater Electric, Water Softener-Owned, Water Heater - Rental
Exterior Features:Metal
Fuel:Electric, Forced Air
Cool:Central Air, Heat Pump
Heat:Electric, Forced Air
Total Rooms:8
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company

Listing provided courtesy of Sherry Anderson with RE/MAX Real Estate Groups

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.





Gaston Market Report

122
Avg. DOM
$136.28
Avg. $ / Sq.Ft.
$ 169,900
Med. List Price

The house prices in Gaston are indeed dropping at the moment. There has been a decrease in price of $93,750.20. 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 Gaston are going Down. The average house price is $144,900.00 and the average price per square feet is $124.55 per square feet. At the moment, the amount of homes listed is exactly 35 houses, with 8 with active status, 6 with pending status and 21 sold in Gaston .

The most popular place to buy a home in Gaston is 1801 - Delaware - Washington. 1801 - Delaware - Washington 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 Gaston .

The average amount of property taxes you would have to pay for a home in Gaston is $1,109.23. 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 Gaston are staying listed for an average of 115 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 Gaston was 14981 minutes ago.

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

The cost of the most expensive home in Gaston is $429,900.00. 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 Gaston is $110,000.00 . 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 Gaston in year 1868 and the newest built house is in year 2013.

The average size of properties in Gaston is 1522.5 sq.ft. , the biggest one being 2257 sq.ft. and the smaller being 1007 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.