Movoto Real Estate
Sold on 03/10/2025

130-132 Meadows Cir, Crown Point, IN 46307

$320,000

Last sold 03/10/2025 after 48 Hours

  • 4

    bed

  • 3

    bath

Multi-family not for sale

About 130-132 Meadows Cir

Property type Multi-family
Neighborhood
Year built 1995
HOA fee $30/month
Lot size 0.4 Acre
Property description
Discover a fantastic investment opportunity with this updated two-unit ranch duplex, perfectly situated in the heart of Winfield, within the highly sought-after Crown Point school district! This property is ideal for investors looking to generate strong rental income or a homeowner seeking to offset their mortgage by living in one unit while renting out the other. Each unit is vacant and move-in ready, allowing a new owner the freedom to handpick tenants. With estimated market rents of 1,500 per month per unit, this duplex offers great potential for cash flow. Additionally, the Homeowners Association (HOA) fee of just 30 per unit covers mowing and snow removal, ensuring easy maintenance year-round. The property has been recently updated with fresh paint and brand-new bathrooms, providing a modern and inviting space for future occupants. The well-designed ranch-style layout maximizes functionality, offering comfortable living areas in both units. With a 9% cap rate, this property is positioned to offer strong returns based on its potential rental income of 28,000 annually. This makes it an excellent opportunity for investors seeking profitable properties in a prime location. Located in a prime area of Winfield, this duplex provides convenient access to shopping, dining, and recreational amenities while being part of a top-rated school system. The combination of location, updates, and investment potential makes this a must-see property!
Listed by
Listing Agent - David Whitehead
Listing Agent Contact: (219) 462-2121
Listing Office - RE/MAX Lifestyles
Source: NIRA mls logo
MLS#817154 • last updated 1 year ago
Movoto checked NIRA for data 16 minutes ago
Overview
Heating Forced Air
Levels/Style One
Type Residential Income
Status Closed
MLS # 817154
Lot Size (Acres) 0.4
Lot Size (SqFt) 17424
Property Tax 4660
Year Built 1995
HOA Fees 30
HOA Village Of Four Seasons Residential Association
Interior
Total # of Bathrooms 3
# of Full Baths 3
# Bedrooms 4
Total # of Rooms 8
Interior Features Ceiling Fan(s), High Ceilings, Laminate Counters
Appliances Dishwasher, Washer, Refrigerator, Range Hood, Dryer
Exterior
Parking Desc Additional Parking, Driveway, On Street
Exterior Features None
Lot Desc Back Yard, Corner Lot
Patio/Porch Covered, Front Porch
Amenities / Utilities
Water Source Public
Pets Allowed Dogs OK
HOA Fee Includes Maintenance Grounds, Snow Removal
HOA Amenities Maintenance Grounds, Snow Removal
Location
View City
County Lake
Subdivision The Meadows
High School District Crown Point
Elementary School Jerry Ross Elementary School
High School Crown Point High School
Middle School Robert Taft Middle School
Directions 109th Avenue To Meadow Road South To Meadow Circle To The Properties At 130 & 132
APN 451709103009000060
Multifamily Details
Owner Pays Exterior Maintenance, Taxes, Insurance
We are not permitted to show value estimates for this property.
  • Mar 2025
    mls logo MLS # 817154
  • Mar 11, 2025 Active
    —
  • Mar 8, 2025 Listed
    $305,000
  • 130-132 Meadows Cir
    $320K
  • The Meadows
    —
  • 46307
    $387K 0% y/y
  • Crown Point
    $366K 0% y/y
No chart available
Statistics calculated by Movoto

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N/A
7/10
9/10
Source: GreatSchools.org © 2026. All rights reserved.

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