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$475,000

575 W County Road 175 S Connersville, IN  47331

  • 3 Beds
  • 2 Baths
  • 8,080 sq. Ft

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Property Description for 575 W County Road 175 S Connersville, IN 47331

Discover the boundless potential of this remarkable property, perfectly situated on 4.11 acres and featuring two versatile buildings that offer endless opportunities.The centerpiece of this unique offering is a spacious commercial building boasting 3,393 sq ft on the main level, complemented by an additional 841 sq ft of finished space on the second floor. This structure also includes over 2,500 sq ft of storage space, which can easily be converted into additional finished areas to suit your needs. Adjacent to the commercial building, you'll find a charming 1,080 sq ft residential home, thoughtfully designed with 3 bedrooms and 2 full bathrooms. This residence presents an ideal option for a rental property, or could serve as a cozy short-term rental, adding flexibility to your investment. With such a generous expanse of land and a diverse range of building uses, the possibilities are truly endless. Envision the commercial building as an event center or retail space, while the residential home could provide steady rental income or serve as a comfortable residence for staff or guests. Don't miss out on this extraordinary opportunity to own a property with significant potential for growth and versatility. Schedule your visit today to explore all that this unique offering has to offer!

Address:575 W County Road 175 S Connersville IN 47331
Status:Active
on site: 116 days
Price:$475,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:8,080
Year Built:2004
Lot Size:4.11
County: Fayette
Township: Connersville
MLS #:21996620
Property Type:Single Family Residence

Lot Dimensions:43560
Lot Features:Irregular Lot
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :8,080
Total Sq. Ft. :8,080

Loan Price
$2,897
Price And Interest $2,478/month
Property Tax $221/month
MTG INS $0/month
HOME INS $198/month
Price
$475,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$221/month
Home Owner Insurance
$2,376 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 16x13 Main
Kitchen 12x13 Main
Laundry 12x5 Main
Primary Bedroom 12x13 Main
Bedroom 2 12x10 Main
Bedroom 3 8x8 Main

Semi-Annual Property Tax:$1,328
Tax Year:2023
Mandatory HOA Fee:$

Area: 2105 - Fayette - Connersville
Subdivision: No Subdivision
Zip Code:47331

High School:Connersville Sr High School
Middle School:Connersville Middle School

Total Sq. Ft.:8,080
Interior Features:Attic Access
Eating Area(s):Dining Combo/Kitchen
Appliances:Electric Oven, Refrigerator
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Electric, Forced Air
Water Heater:Electric Oven, Refrigerator
Total Rooms:5
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 Vincent Ferguson with Mark Dietel Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/18/2024 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.





Connersville Market Report

89
Avg. DOM
$118.79
Avg. $ / Sq.Ft.
$ 159,900
Med. List Price

The house prices in Connersville are not dropping at the moment. There has been a increase in price of $51,192.31. 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 Connersville are going Up. The average house price is $159,900.00 and the average price per square feet is $115.94 per square feet. At the moment, the amount of homes listed is exactly 190 houses, with 60 with active status, 18 with pending status and 112 sold in Connersville .

The most popular place to buy a home in Connersville is 2105 - Fayette - Connersville. 2105 - Fayette - Connersville 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 Connersville .

The average amount of property taxes you would have to pay for a home in Connersville is $1,016.20. 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 Connersville are staying listed for an average of 67 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 Connersville was 3174 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Connersville is $678,500.00. 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 Connersville is $17,000.00 . 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 Connersville in year 1868 and the newest built house is in year 2025.

The average size of properties in Connersville is 1769.7 sq.ft. , the biggest one being 8080 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.