8895 W State Road 56 French Lick, IN
$ 219,000
Property Attributes
  • MLS#202115580
  • TypeMulti-Family
  • CountyORANGE
  • CityFrench Lick
  • AreaFrench Lick
  • Zip47432
  • StyleFourplex
  • Year Built1930
  • Taxes$ 3114
  • Price$ 219,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2856
Listing Provided Courtesy Of:
Brooks Galloway with Brooks Galloway Real Estate
Data Source:
Indiana Regional MLS (IRMLS) - 202 - IN
Property Description

8895 W State Road 56, French Lick is an excellent Investment and Location! 4 units all currently leased with coin laundry. Quadplex includes 2-one bedroom units and 2-two bedroom units. Current monthly income is $2,320.00. Tot annual rents and coin laundry income is $22,800.00. Units updated with modern cabinets, painted walls and floor coverings. Fully rented with month to month rental agreements. This is priced at $219,000

Elementary School Middle School High School
Springs Valley Elementary School Springs Valley Middle School Springs Valley High School
Price History
5/4/2021 Listed $219,000

General Features

Age 91
Agent First Name Brooks
Agent Last Name Galloway
Assoc. Dues Frequency Not Applicable
Basement Full Basement
Bathrooms 4
Beds 6
Cooling Window
Elementary School Springs Valley
Features Porch Covered
Flooring Carpet, Vinyl
Full Baths 4
Heating Conventional
High School Springs Valley
Inside City Limits Yes
Legal Description HE Wells Add 8
Listing Area Orange County
Middle School Springs Valley
New Construction No
Pet Restrictions Y/n Yes
Pool Y/N No
School District Springs Valley Community Schools
Sewer City
Status Active
Status Active
Stories 2
Style Two Story
Subdivision None
Tax Year 2021
Tenant Pays Electric, Fuel
Total Sq Ft 2856
Type Fourplex
Year Built 1930

Interior Features

Above Grade Bedrooms 6
Basement Material Block
Basement Y/n Yes
Num. Of 1 Bedrooms 2
Num. Of 2 Bedrooms 2
Ranges/Ovens 4
Refrigerators 4
Total Number of Units 4

Exterior Features

Approx. Lot Size Acres 0.153
Exterior Vinyl
Lot Description Level
Lot Dimensions 55x100
Lot Size Area 6665
Number of Parking Spaces 4
Outbuilding None
Waterfront Y/N No


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on December 9, 2021 4:11 AM UTC

Property vs Multi-Family Average in 47432

AVG $220K
AVG $3,114
AVG 32
Year Built
AVG 1930

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