Pending

$425,000

501 SW 3rd St, Loogootee, IN 47553

6beds

2,200sqft

Est.:

Duplex

Built in 2024

-- sqft lot

$419,000 Zestimate^®

$--/sqft

$-- HOA

What's special

Awesome 12 Bedroom Development for sale in Loogootee, Indiana. Consisting of 2 Newer Duplexes that are fully rented. If you have been thinking Low Maintenance, High Cap Rate, Great Location; Look In. This one could be a great Cash Cow for years to come for you and your grandchildren. It is well situated to benefit from all the Growth at Crane Naval Base, as well as Strong Rental Markets in Loogootee, Jasper, and Washington. Property is at 100% Occupancy & currently producing over $52,000 annual revenue!

6 days

339

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas

Cooling

Central Air

Features

Flooring: Vinyl
Has basement: No

Interior area

Total structure area: 2,200
Total interior livable area: 2,200 sqft
Finished area above ground: 2,200
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 8
Parking features: Off Street Parking

Features

Levels: One
Stories: 1

Lot

Size: 0.34 Acres
Features: Level

Details

Additional structures: None
Additional parcels included: 5108-24-300-207.000-008
Parcel number: 510824300208.000008

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Metal Siding, Vinyl Siding
Foundation: Slab

Condition

New construction: No
Year built: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Loogootee

Financial & listing details

Tax assessed value: $8,500
Annual tax amount: $340
Date on market: 3/27/2026
Inclusions: Building, Land
Lease term: Other
Total actual rent: 52800
Tenant pays: Electricity, Heating

Estimated market value

$419,000

$398,000 - $440,000

$1,135/mo

Price history

Date	Event	Price
4/3/2026	Pending sale	$425,000
Source: IRMLS #202610289 Report a problem
3/27/2026	Listed for sale	$425,000+1321.4%
Source: IRMLS #202610289 Report a problem
2/5/2015	Listing removed	$29,900$14/sqft
Source: CENTURY 21 Classic Realty #201435358 Report a problem
8/14/2014	Listed for sale	$29,900+15%$14/sqft
Source: CENTURY 21 Classic Realty #201435358 Report a problem
11/16/2007	Sold	$26,000$12/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$176 +3.7%	$8,500 +3.7%
2023	$170 -10.9%	$8,200 +1.2%
2022	$191 +25.4%	$8,100 +3.8%
2021	$152 -15.1%	$7,800 +2.6%
2020	$179 +2.1%	$7,600 -12.6%
2019	$175 -7.8%	$8,700 +2.4%
2018	$190 +1.5%	$8,500 +4.9%
2017	$187	$8,100 +1.3%
2016	$187 -12.7%	$8,000 -11.1%
2014	$215 +2.9%	$9,000 +1.1%
2013	$209 -23.1%	$8,900 -33.6%
2012	$272 +50.8%	$13,400 +48.9%
2011	$180 +1.1%	$9,000 +1.1%
2010	$178 +34.8%	$8,900 +34.8%
2009	$132	$6,600