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(SOLD) $160,000

882 Locust Drive Roanoke, IN  46783

  • 8 Beds
  • 1 Baths
  • 5,502 sq. Ft

Property Description for 882 Locust Drive Roanoke, IN 46783

Step back in time and imagine yourself as the proud owner of the former Oak Grove Park Hotel, a charming historical property that dates back to 1926. This majestic building, rich in history and spanning over 5500 square feet, offers a unique opportunity to either revive it as a bed and breakfast or cherish it as a generational or multi family home. As you step through its doors, you'll be transported to a bygone era, where guests from the past once experienced the charm and elegance of the Oak Grove Park Hotel. The possibilities for this property are boundless, and your vision can breathe new life into this remarkable piece of history. Currently, the home has an operational kitchen, bath, living room, and dining area and 2 bedrooms with baseboard heat. However, there is so much more potential waiting to be unlocked. Imagine transforming the space into a haven with a minimum of 6 additional bedrooms, 3 additional spaces for cozy gatherings, and adding 2 lofts for even more charm. The property also has room for 4 more bathrooms, allowing you to accommodate guests comfortably. Storage will never be an issue, as there are ample storage spaces in the basement and storage closets throughout the home, preserving the practicality of modern living while preserving the historical charm. The 1.152 acres of wooded grounds surrounding the property offer a serene setting with it's a front and 2 back enclosed porches to take in nature, yet just minutes from Fort Wayne via US 24. The original carriage house will provide ample outside storage with some renovations. Whether you choose to run it as a bed and breakfast or cherish it as a generational or multi family home, this property is a canvas awaiting your imagination and love. The rich history that envelopes the Oak Grove Park Hotel will become a part of your story as you embark on this incredible journey of preservation and rejuvenation. Don't miss the chance to be the steward of this enchanting piece of history, ensuring that its legacy lives on for generations to come.

Address:882 Locust Drive Roanoke IN 46783
Status:Sold
Sold On: 1/11/2024
Price:$195,000
Bedrooms:8 Beds
Bathrooms:1 Full Baths
Sq. Feet:5,502
Year Built:1900
Lot Size:1.15
County: Huntington County
Township: Jackson
MLS #:202334487
Property Type:Site-Built Home

Lot Dimensions:254 x 291 x 141 x 226
Lot Description:Heavily Wooded,Irregular,Slope
Directions:Us 24 west to Locust Drive. Home at top of Hill.
Total Sq. Ft. :5,502
Basement:Yes

Loan Price
$1,083
Price And Interest $835/month
Property Tax $181/month
MTG INS $0/month
HOME INS $67/month
Price
$160,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$181/month
Home Owner Insurance
$804 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 15 x 11 Main
2nd Bedroom 10 x 16 Upper
3rd Bedroom 11 x 16 Upper
4th Bedroom 12 x 10 Upper
5th Bedroom 12 x 9 Upper
Kitchen 16 x 15 Main
Family Room 12 x 13 Main
Dining Room 12 x 16 Main
Living Room 15 x 16 Main
Den 15 x 6 Main

Semi-Annual Property Tax:$1,086
Tax Year:2023
Mandatory HOA Fee:$

City:Roanoke
Subdivision: None
Zip Code:46783

High School:Huntington North
Middle School:Crestview
Elementary School:Roanoke

Total Sq. Ft.:5,502
Exterior Features:Other
Fuel:Baseboard
Cool:None
Heat:Baseboard
Total Rooms:20
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Fort Wayne REALTORS®

Schools in 882 Locust Drive Roanoke, IN  46783


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Listing provided courtesy of Teresa Kaylor with CENTURY 21 Bradley Realty, Inc

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.



Roanoke Market Report

176
Avg. DOM
$187.79
Avg. $ / Sq.Ft.
$ 379,900
Med. List Price

The house prices in Roanoke are not dropping at the moment. There has been a increase in price of $4,750.00. 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 Roanoke are going Up. The average house price is $424,900.00 and the average price per square feet is $191.90 per square feet. At the moment, the amount of homes listed is exactly 102 houses, with 17 with active status, 12 with pending status and 73 sold in Roanoke .

The most popular place to buy a home in Roanoke is . 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 Roanoke .

The average amount of property taxes you would have to pay for a home in Roanoke is $3,266.13. 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 Roanoke are staying listed for an average of 84 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 Roanoke was 5854 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Roanoke is $1,375,000.00. 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 Roanoke is $195,000.00 . 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 Roanoke in year 1892 and the newest built house is in year 2023.

The average size of properties in Roanoke is 2598.18 sq.ft. , the biggest one being 4885 sq.ft. and the smaller being 1299 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.