Investment Homes on 45th

2718 45th Street, Highland, Indiana 46322

  • Property Subtypes Other
  • Building Size (RSF) 2,296 SF
  • Gross Building Area 2,296 SF
  • Building Status Existing
  • Sale Price $250,000.00 PSF
  • Unit Price $108.89 per SF
  • Class of Space N/A
  • Total Land Size 1.5 Acres
  • Sale Terms Undisclosed
  • Cap Rate Undisclosed
  • Last Updated 4/12/2019
  • Days on Market 348 Days
  • Status active

Overview / Comments

Two single family residential homes on commercial zoned land suitable for rental income, conversion to office use or tear down for redevelopment. Both houses built in 1956. 2718 has 1,144 SF, 2724 has 1,152 SF. Great for investors or owner occupants. Each home is a ranch with basement. Access to Kennedy Avenue is possible along the south edge of the First Financial Bank parking lot. $125,000 each house (deed restricted prohibiting future banking use for each property or $250,000 for both). 2018 pay 2019 taxes for both properties $6,706.76 ($3,209.78 for 2718 45th & $3,,496.98 for 2724 E. 45th). 196' of combined frontage on 45th Avenue. Combined lots total 1.5 acres. Located on the highly traveled 45th Avenue in Highland between Indianapolis and Kennedy Avenue. 2 1/2 miles southwest of I-80/94 via Cline Avenue. 1 1/2 miles east of Cline Avenue.

Additional Details

  • Tax ID/APN 45-07-33-126-012.000-026

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