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511 N Main Street

Oakland City, IN, 47660

  • Price $119,900
  • Beds5
  • Baths3
  • Sq. Ft.2548
  • MLS #202444459
Investment property in Oakland City features a 3 apartments house on a double lot. The new owner could convert it back to a one-unit home or use it for investment income. The seller just repainted the exterior and installed a partial new roof. One apartment has been completely updated and ready to rent. Apartment 2 is leased on a month-to-month basis. Apartment 3 upstairs needs renovation. Apartment 1 on main level has 1 bedroom, kitchen, bath. Apartment 2 has not been renovated and is occupied by the tenant. It has a kitchen, bedroom, and living room with a deck. Apartment 3 is unique with main floor kitchen, upstairs has a bathroom, 3 bedrooms or 1 could be a living room. All apartments have a range and refrigerator. 3 total Widow AC units one for each unit. The basement with an exterior entrance has a community washer and dryer. The landlord pays for water. Per Seller:Apartment 1 is fully renovated: new plumbing fixtures, new toilet, new shower installation, added window to bathroom, new sink with storage and medicine cabinets, mirror, new kitchen cabinets, new counter, floors, baseboards, carpet, some upgraded windows, recessed lighting throughout, new roof, freshly painted exterior.
Bedrooms
5
Style
Two Story
Bathrooms
3
County
Gibson County
Lot Size
0.1800
Year Built
1900
Water
City
Sewer
City
Sq, ft. finished
2,548sq. ft (approx.)
Sq, ft. total
3278sq. ft (approx)
Garage
No - 0.0 car
Subdivision
None
Cooling
Window
Heating
Electric,Forced Air
Basement
Cellar
Exterior
Aluminum
Annual Taxes
1041.00
Association Dues
0.00
Refrigerator,Washer,Dryer-Electric,Oven-Electric
District
East Gibson S.D.
Elementary
Wood Memorial
Middle School
Wood Memorial
High School
Wood Memorial
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Elaine Sollars of F.C. TUCKER EMGE, 812-455-8000.

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Why do I need to have Title Insurance?
Before offering to issue a title insurance policy, a title company will do a title search to learn whether there are any problems or limitations with the title. This search is done in an effort to minimize the risks of offering insurance. By minimizing the risks of claims being made, a title insurance company is able to offer its insurance policies for a relatively low, one-time fee. Problems such as deeds, wills, and/or trusts that contain improper vesting and incorrect names, outstanding mortgages, judgments, and tax liens, easements, or incorrect notary acknowledgments are generally found through the title search and usually can be cleared up before the closing on the property.

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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. Data is deemed reliable but is not guaranteed accurate by the MLS

Listing Data updated: January 20, 2025, 4:30 pm
IDX information provided by the Indiana Regional MLS