$249,900
For Sale

403 N Melville Street

Rensselaer, IN 47978
2016 sqft | 8 beds | 0.45 acres | #811533
Browse 12 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Discover an exceptional opportunity to own this modular structure (currently being used as an office but with a little elbow grease could easily be turned into a spacious home!) located in the heart of Rensselaer, Indiana right across from Columbia Park. This ranch-style property is currently zoned industrial, but should be eligible for residential rezoning by the city of Rensselaer. (See agent remarks for more details.)The interior of the building features just over 2000 sf of space (currently split into 8 offices which could be potentially be converted to bedrooms) as well as a reception area perfect for conversion to a living room; a kitchenette, 3/4 bath and 1/2 bath. Building will need a little work to convert to a residence, and WILL REQUIRE REZONING THROUGH THE CITY prior to appraisal and closing, but has tons of potential. Seller will add closets to offices to qualify the rooms as bedrooms for loan purposes.

  • Property Details
      • Parking FeaturesGravel, Parking Lot, Outside
      • Property SubtypeSingle Family Residence
      • SubdivisionRensselaer Comm Club
      • Parcel Number370720000001055027
      • Lot FeaturesCorner Lot, Level
      • Lot DescriptionCorner Lot, Level
      • ViewPark/Greenbelt
      • Sewer InformationPublic Sewer
      • Structure TypeModular Home
      • Property TypePurchase
      • Utility SourcePublic
      • CountyJasper
      • MLS #811533
      • Cost249900
      • MLS #811533
      • Acres0.451
      • Property ConditionFixer
      • Square Feet2016
      • Year Built1990
      • Taxes Annual$398
      • Bedrooms8
      • Half Baths1
      • 3/4 Baths1
      • Stories1

Location

Joe Martino | Martino Realty & AuctioneersReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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