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Sold on 03/08/2024
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256 S State Road 2, Hebron, IN 46341

$220,000

Last sold 03/08/2024

  • 7

    bed

  • 4

    bath

  • 3,392

    Sqft ($65/Sqft)

Multi-family not for sale
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About 256 S State Road 2

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 1.16 Acre
Property description
Why worry about the stock market? This is a great investment opportunity with minimum upkeep and a better return than any bank can offer. Acrosss from Boone Grove H.S. on Route 2. Close to Valparaiso and all its conviences. Large lot with plenty of room for tenant parking. All units currently rented. Seperate laundry facility with coin operated washer and dryer. Building has central air with new life-time warrantied windows.
Listed by
Listing Agent - William E. Jeffries
Listing Office - RE/MAX Realty Associates
Source: NIRA mls logo
MLS#211375 • last updated 2 years ago
Movoto checked NIRA for data 20 minutes ago
Overview
Heating Forced Air, Individual Unit, Natural Gas, Unit Control
Type Residential Income
SubType Quadruplex
SqFt 3392
Status Closed
MLS # 211375
Lot Size (Acres) 1.16
Lot Size (SqFt) 50530
Year Built 1972
Interior
Total # of Bathrooms 4
# of Full Baths 4
# Bedrooms 7
Total # of Rooms 15
Laundry Common Area
Interior Features Elevator
Appliances Range, Refrigerator
Exterior
Parking Desc Off Street
# of Parking Spaces 10
Lot Dimensions Irreg.
Lot Desc Agricultural, Open Lot
Amenities / Utilities
Water Source Well
Pets Allowed Yes
Location
County Porter
Subdivision N/a
High School District Boone Township
Directions State Rd 2 South Of Valparaiso, S/w Corner Hwy 2 And 250 South. Directly Across From Boone Grove High School.
APN 28000005090
Multifamily Details
Gross Scheduled Income 29100
Total Rent 27600
Net Operating Income 22900
Gross Income 1500
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Mar 2024
    mls logo MLS # 211375
  • Mar 8, 2024 Sold
    $220,000 (-11.6%)
  • Mar 26, 2008 Listed
    $249,000
  • Year Property taxes Tax assessment
  • 2025
    $2,229 +2.8%
    $137,800
  • 2024
    $2,168 -7.0%
    $137,800 +0.58%
  • 2023
    $2,331 +6.0%
    $137,000
  • 2022
    $2,198 +1.1%
    $137,000 +7.28%
  • 2021
    $2,175 -3.3%
    $127,700 -5.13%
  • 2020
    $2,249 -6.2%
    $134,600
  • 2019
    $2,398
    $134,600
  • 256 S State Road 2
    $220K
  • N/a
    —
  • 46341
    $349K +2% y/y
  • Hebron
    $349K +2% y/y
No chart available
Statistics calculated by Movoto

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9/10
Porter Lakes Elementary School
public Grades PK, K-3
Porter Township School Corp
6/10
Boone Grove Elementary School
public Grades 4-5
Porter Township School Corp
6/10
Boone Grove Middle School
public Grades 6-8
Porter Township School Corp
7/10
Boone Grove High School
public Grades 9-12
Porter Township School Corp
Source: GreatSchools.org © 2026. All rights reserved.

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