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8312 Kennedy Ave, Highland, IN 46322

$109,428
Last sold 02/28/2024 for $97K
2
bed
—
bath
850
Sqft ($114/Sqft)

House not for sale

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About 8312 Kennedy Ave

Property type House

Neighborhood

Year built 1952

HOA fee $0/month

Lot size 5,619 Sqft

Movoto estimate

Parking 2 garage spaces

Rental estimate

Property description

Take work from home to a whole different level! Originally built as a 3 bed 1 bath single family home, this space is now zoned commercial. With inventory of homes for sale at all time lows and the pandemic creating work from home policies that are the new normal, this is quite an opportunity for a savvy home buyer. There hasn't been a move in ready single family home sold in Highland for under $100K in almost 2 years! Because of commercial zoning you will need 20% down conventional financing to purchase this home. Imagine the possibilities when your business and home monthly payment is under $800/mo. Live here while you run a professional podcast recording studio with signage / frontage on Kennedy Avenue, just blocks from 80/94. Cell phone repair. Lawyer office. Masseuse or chiropractor. Really any start up business owner can combine office / housing costs with this smart investment. Priced to sell quickly so do not hesitate. All showings will be confirmed. Contact your broker today!

Listed by

Listing Agent - Nathan A. Reeder

Listing Office - Reeder Companies

Source: NIRA

MLS#488813 • last updated 2 years ago

Movoto checked NIRA for data 37 minutes ago

Overview
Heating	Forced Air, Natural Gas
Levels/Style	One, Bungalow
Type	Residential
SubType	Single Family Residence
SqFt	850
Status	Closed
MLS #	488813
Lot Size (Acres)	0.129
Lot Size (SqFt)	5619
Property Tax	2091
Year Built	1952

Interior
# Bedrooms	2
Total # of Rooms	4
Interior Features	Primary Downstairs
Appliances	None

Exterior
Parking Desc	Detached
# Garage Spaces	2
Exterior Features	Other
Lot Dimensions	45X125
Lot Desc	Other, Paved

Amenities / Utilities
Water Source	Public

Location
County	Lake
Subdivision	Highland Ter
Community Features	Curbs, Sidewalks
Directions	Exit 80/94 At Kennedy Ave South, Continue South 5 Blocks To Property On Your Right. Parking On Street In Front.
APN	450721177035000000

Lot/ Land Details
Road Surface	Paved

$109K

Range: $98.4K-$120K

Last 30 days

Rental est.: $1,506/month

• Gross rent multiplier: 5.4 - Great

Feb 2024
MLS # 488813
Feb 28, 2024 Sold
$97,000
Feb 26, 2021 Listed
$99,900 (+22.9%)
Apr 2021
Public Records
Apr 7, 2021 Sold
$97,000 (-2.9%)
Sep 2020
Public Records
Sep 28, 2020 Sold
$81,285

8312 Kennedy Ave
$97K
Highland Ter
—
46322
$279K -2% y/y
Highland
$279K -2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
2734 Grand Blvd, Highland, IN 46322	$215,000	3/1	1,111	0.03
2737 Strong St, Highland, IN 46322	$190,000	2/1	800	0.03
2730 Grand Blvd, Highland, IN 46322	$220,000	3/1	1,024	0.03
2731 Strong St, Highland, IN 46322	$180,000	2/1	800	0.04
2728 Grand Blvd, Highland, IN 46322	$195,000	3/1	825	0.04
2735 Grand Blvd, Highland, IN 46322	$200,000	3/1	914	0.05
2727 Strong St, Highland, IN 46322	$195,000	3/1	825	0.05
2724 Grand Blvd, Highland, IN 46322	$250,000	3/2	1,353	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.