531 N Main Street, Kendallville IN 46755 Photo 1 531 N Main Street, Kendallville IN 46755 Photo 2 531 N Main Street, Kendallville IN 46755 Photo 3 531 N Main Street, Kendallville IN 46755 Photo 4 531 N Main Street, Kendallville IN 46755 Photo 5 531 N Main Street, Kendallville IN 46755 Photo 6 531 N Main Street, Kendallville IN 46755 Photo 7 531 N Main Street, Kendallville IN 46755 Photo 8 531 N Main Street, Kendallville IN 46755 Photo 9 531 N Main Street, Kendallville IN 46755 Photo 10 531 N Main Street, Kendallville IN 46755 Photo 11 531 N Main Street, Kendallville IN 46755 Photo 12 531 N Main Street, Kendallville IN 46755 Photo 13 531 N Main Street, Kendallville IN 46755 Photo 14
Listing Courtesy of Jay Price of Mike Thomas Associates, Inc.

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531 N Main Street - Priced to sell! great investment opportunity. Currently zoned R-2. Use variance was issued in 1970 for beauty shop. The current owner rents out the upstairs one bedroom apt. for $350 per month. It has 1-Bedroom, Kitchen, LR, & Bath. The front of this property has a 5ft. wide enclosed wrap around porch. The home has 2 water heaters. The upstairs is heated with electric baseboard and tenant pays for electric only. Downstairs heated by gas furnace. Gas water heater for downstairs NEW Feb. 2016. Front street parking plus gravel lot in back for approx. 5 cars. Most of windows have been replaced with vinyl insulated. Six are not done, plus ones in enclosed porch. Washer and dryer on main level stay. Current owner pays $135/yr. for termite protection(transferable warranty). Owner wants to sell in "as is" condition. Asphalt alley behind property. Avg. Utility Costs: Elec. Up-$110/mo., Down-$50/mo., Gas:$87/mo., Water/sewer:$65/mo, Trash:$69/qtr. Also ML#:201606228 Virtual Tour

Listing information

  • MLS® ID: 201606164
  • Beds: 2
  • Stories: 2
  • Total Square Footage: 1,845 ($27.05 per sq. foot)
  • Lot Size: 30x130
  • Elementary School: North Side
  • Style: 2-Story
  • Baths: 2 (Full: 2 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Above Ground Sq. Feet: 1,222
  • High School: East Noble
  • School District: East Noble Schools
  • Year Built: 1901
  • Status: Active
  • Foreclosure: No
  • Lot Area: 0.08
  • Middle School: East Noble
  • Subdivision: Mitchells Addition

Features

AMENITIES Basement, Ceiling-9+, Landscaped, Off Street Parking, Porch Enclosed, Storm Doors, Washer Hook-Up, Water Heater Electric, Water Heater Gas
Auction Y/N No
BASEMENT MATERIAL Stone
BASEMENT/FOUNDATION Crawl, Partial Basement
COMMON AMENITIES Sidewalks
COOLING Window
DOCUMENTS AVAILABLE Sellers Disclosure
EXEMPTIONS No Exemptions
EXISTING FINANCING Clear
EXTERIOR Aluminum
FENCE None
FLOORING Carpet, Laminate, Vinyl, Wood
HEATING/FUEL Baseboard, Forced Air, Gas
LOT DESCRIPTION Level
Other # Electric Meters - 2, # Gas Meters - 1, # of Dishwashers - 0, # of Disposals - 0, # of Dryers - 1, # of Microwaves - 0, # of Ranges/Ovens - 1, # of Refrigerators - 2, # of W/D Hookups - 1, # of Washers - 1, # Ttl Rooms Below Grade - 0, # Water Meters - 1, Num. of 1 Bedrooms - 2, Num. of 2 Bedrooms - 0, Num. of 3 Bedrooms - 0, Num. of 4 Bedrooms - 0, Num. of Efficiencies - 0, Number of Buildings - 1, Number of Units - 2, Unit 1-# of Bathrooms - 1, Unit 1-# of Bedrooms - 1, Unit 1-# of Rooms - 3, Unit 2-# of Bathrooms - 1, Unit 2-# of Bedrooms - 1, Unit 2-# of Rooms - 3
Outbuilding None
OWNER PAYS Building Insurance, Fuel, Maintenance, Sewer, Trash Collection, Water
PARKING Gravel, Off Street
Pet Restrictions Y/N No
Planned Unit Dev. Y/N No
Pool Y/N No
Property SubType Duplex
PROPOSED FINANCING Cash, Conventional, FHA, VA
REO Y/N No
SEWER City, Public
TENANT PAYS Electric
Unit 1-Basement Y/N Yes
Unit 1-Electric Owner
Unit 1-Garage Y/N No
Unit 1-Gas Owner
Unit 1-Laundry Room Utility Room
Unit 1-Level Main
Unit 2-Basement Y/N No
Unit 2-Electric Tenant
Unit 2-Garage Y/N No
Unit 2-Gas None
Unit 2-Laundry Room None
Unit 2-Level Upper
WATER FEATURES None
WATER UTILITY City, Public
Waterfront Y/N No
Zoning R - 2 - Multiple-Family
Listing Courtesy of Jay Price of Mike Thomas Associates, Inc.