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Off market
  • $232,500

    218 Rocky Hill Rd, Spencer, IN 47460

    5beds
    3,216sqft
    MultiFamily
    Built in 1980
    -- sqft lot
    $232,500 Zestimate®
    $72/sqft
    $1,407 Estimated rent

    Home value

    $232,500

    $193,000 - $270,000

    $1,407/mo

    Zestimate® history
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    Owner options

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    $1,407/mo

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    $1,407/mo

    Rent Zestimate®

    Refinance and save

    $1,437/mo

    Est. payment

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    $1,437/mo

    Est. payment

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    What's special

    Great investment opportunity! Less than a minute from the town of Spencer. 3 rental units - Upper Unit is a very spacious 2 bedroom, 1 bath and previously rented for $600 per month. Lower West Unit is 2 bedroom, 1 bath which currently rents for $550 per month. Lower East Unit is 1 bedroom, 1 bath and currently rents for $500 per month. Seller pays monthly water bill which runs approximately $150 per month. All showings require 48 hour notice.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 5
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Laundry: Utility Room
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet
    • Basement: None
    • Common walls with other units/homes: No One Above
    Interior area
    • Total interior livable area: 3,216 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 0.50 Acres
    • Features: Irregular Lot
    Details
    • Parcel number: 601020100400000028

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: City

    Community & neighborhood

    Location
    • Region: Spencer

    Other

    Other facts
    • Flooring: Carpet
    • Sewer: Septic Tank
    • Heating: Forced Air
    • InteriorFeatures: Ceiling Fan(s)
    • ArchitecturalStyle: Two Story
    • AttachedGarageYN: true
    • HeatingYN: true
    • CoolingYN: true
    • NumberOfUnitsTotal: 3
    • TenantPays: Cable TV, Electricity, Trash Collection, Heating
    • ConstructionMaterials: Vinyl Siding
    • LeaseTerm: Month To Month
    • OwnerPays: Water
    • MainLevelBathrooms: 5
    • FarmLandAreaUnits: Square Feet
    • ParkingFeatures: Attached
    • NumberOfUnitsLeased: 2
    • TrashExpense: 0
    • MaintenanceExpense: 0
    • Cooling: Central Air
    • LaundryFeatures: Utility Room
    • CommonWalls: No One Above
    • LotFeatures: Irregular Lot
    • BelowGradeFinishedArea: 0
    • ElectricExpense: 0
    • FuelExpense: 0
    • InsuranceExpense: 0
    • GrossIncome: 1650
    • WaterSource: City
    • MlsStatus: Cont-AccptngBackupOffers

    Price history

    DateEventPrice
    5/22/2020Sold$80,000-30.4%
    Source: IRMLS #202002608 Report a problem
    1/22/2020Listed for sale$115,000$36/sqft
    Source: Home Team Properties #202002608 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,340 +54.6%$178,100 +6.6%
    2023$2,160 -19.6%$167,000 +54.6%
    2022$2,688 +0.9%$108,000 -19.6%

    Find assessor info on the county website

    Neighborhood: 47460

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Spencer
    • Middle: Owen Valley
    • High: Owen Valley
    • District: Spencer-Owen Community Schools

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $232,500
    2% more
    +$4,650
    With Zillow Showcase(estimated)
    $237,150