www.movingwithteammelton.com/homes/154002695
415 & 419 & 421
N
Constable Drive
Ellettsville,
IN
47429
Neighborhood:
Ellettsville
Elementary School:
Edgewood
School District:
Richland-Bean Blossom Community
Discover an excellent investment opportunity with so much potential! This three-unit investment property is situated on a spacious 0.5-acre lot, offering so many value-adding possibilities. Each unit is currently occupied, ensuring a steady and reliable income stream. Recent updates include a 75' section of sewer line, new sump pump (unit 419), new upstairs flooring insulation, windows and back door (unit 421). Located less than 10 minutes from the I-69 interchange and 15 minutes from IU's campus, this location is convenient, while providing a quiet, picturesque setting.
Exterior
Stone
Lot Description
Irregular0-2.9999
Lot Dimensions
214x92
Outbuilding
None
Parking Spaces
6
Pool YN
No
Style
Other
Waterfront YN
No
Above Grade Bedrooms
6
Above Grade Finished Sqft
3124
Above Grade Unfin Sq Ft
0
Amenities
BasementCeiling FanOff Street ParkingNear Walking TrailWater Heater ElectricSump Pump
Basement Foundation
Full BasementOutside Entrance
Basement YN
Yes
Below Grade Baths
1
Below Grade Bedrooms
4
Below Grade Finished Sqft
1372
Below Grade Unfin Sq Ft
0
Cooling
Central Air
Dishwashers
3
Disposals
0
Dryers
1
Flooring
Mixed
Heating Fuel
Forced Air
Microwaves
3
Ranges Ovens
3
Refrigerators
3
Rooms Below Grade
6
Total Baths
5
Total Below Grade Sqft
1372
Total Sq Ft
4496
Unit1 Basement YN
No
Unit1 Bathrooms
2
Unit1 Bedrooms
3
Unit2 Basement YN
Yes
Unit2 Bathrooms
1
Unit2 Bedrooms
4
Unit3 Basement YN
No
Unit3 Bathrooms
2
Unit3 Bedrooms
3
Wash Dry Hookups
3
Washers
1
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Rent
33360
Annual Insurance Expense
2800
Annual Maint Expense
0
Annual Misc
0
Annual Net Income
25586
Annual Property Tax
4974
Annual Trash Expense
0
Annual Water Sewer Exp
0
Assoc Dues Frequency
Not Applicable
Auction Y / N
No
Buildings
2
Documents Available
LBP FormSellers Disclosure
Efficiencies
0
Electric Meters
3
For Sale Or Rent
For Sale
Four Bedrooms
1
Gas Meters
0
Gross Monthly Income
2780
Gross Monthly Rent
2780
Lease Term
1 Year
New Construction
No
One Bedrooms
0
Owner Pays
Building InsuranceLawn MaintenanceTax
Owner Real Estate License YN
No
Pet Restrictions YN
No
Planned Unit Dev YN
No
Property Sub Type
Triplex
Reo YN
No
Sale Includes
Other
Sewer
Public
Tenant Pays
CableElectricTrash CollectionWater
Three Bedrooms
2
Township
Richland
Two Bedrooms
0
Unit1 Unit Rent
930
Unit1- Currently Rntd Y / N
Yes
Unit1- Garage Y / N
No
Unit2 Unit Rent
750
Unit2- Currently Rntd Y / N
Yes
Unit2- Garage Y / N
No
Unit3 Unit Rent
1100
Unit3- Currently Rntd Y / N
Yes
Unit3- Garage Y / N
No
Units Rented
3
Water Meters
2
Water Utility
Public
Year Taxes Payable
2025
Zoning Description
Nonconforming R-1
Listing provided by Lindsey Clark of Barberry Realty: Cell: 812-821-3431.
© 2025 Indiana Regional MLS All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from IRMLS.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty.
© 2025 Indiana Regional MLS All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from IRMLS.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2025-01-23T00:28:21.177.
