11 days on rocket

405 Rennaker St, Lafontaine, IN, 46940

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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405 Rennaker St, La Fontaine$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1983
HeatingBaseboard
CoolingWindow Unit(s), None
MLS #202414038
Lot Size0.50 Acres
StatusActive

About 405 Rennaker St

Welcome investors to this fully occupied 7 unit apartment complex in LaFontaine, Indiana! This property includes a 4plex, a duplex, and a 2-bed single family home with an attached garage. With gross monthly rents equal to $4,675 you are sure to find this to be your next great investment and source of passive income. Tons of updates have been done over the past 14 months. Units 4,5,6 have been fully remodeled. The 4plex had a brand new roof professionally installed June 2023. Various other updates and repairs have been done to all units. All units run on electric, and tenants pay their own electric bills. Community, off street parking for units 1-6, unit 7 has a private driveway and garage. Make sure to check this out and have this property be the next addition to your portfolio!

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 1

Listing Office:

  • Office Name: Terrell Realty Group, LLC
  • Office Phone: (260) 571-1246
  • Listing Agent: Payton Deeter

Virtual/3D Tour

  • Virtual Tour: 405 Rennaker St

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Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s), None

Other

Directions Information:

  • Directions: Driving south on highway 15, turn East on to County Road 1000 S. Turn right on N. Wabash Ave. Turn right on Rennaker St. Turn right into the parking lot. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
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MLS Details

MLS Information:

  • MLS Number: #202414038

Listing Office:

  • Office Name: Terrell Realty Group, LLC
  • Office Phone: (260) 571-1246
  • Listing Agent: Payton Deeter

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (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. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 2:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6950453
5
/10

  • Southwood Elementary School

  • 840 E State Road 124

  • 4.94 miles

  • Public District Grades KG-5

school-card-donut-6950454
3
/10

  • John W Kendall Elementary School

  • 2009 W Kem Rd

  • 7.64 miles

  • Public District Grades KG-4

school-card-donut-6950455
4
/10

  • Sweetser Elementary School

  • 614 North Main St

  • 7.69 miles

  • Public District Grades 3-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,962. Typical income of Wabash County, IN residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Indiana›Wabash County›La Fontaine›46940›405 Rennaker St

This home is located at 405 Rennaker St in Lafontaine, IN and zip code 46940. This home was built in 1983. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $450,000.

The inventory of homes for sale in Wabash County, IN between March 2024 and April 2024 increased by 90%. The median list price of listings available in April 2024 was $207,000, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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