Gaston, IN 47342 502 N Madison Street

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Presented By: Sherry Anderson with RE/MAX Real Estate Groups; Cell: 765-748-1909
  • MLS# 202434347
  • 09/06/2024
  • Get pre-approved
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  • Beds • 4
  • Baths • 2
  • SQFT • 1,953

Home Details

All the work is done! This amazing duplex has been completely remodeled inside with a new coat of paint outside!! Sit back and enjoy your investment! Upgrades in the past 3 years: New drywall/panelling throughout / New vinyl plank flooring throughout / New plumbing /New 200amp electrical service / Heat Pump / Forced Air Furnace / Central Air / replacement windows & new entry doors / New Kitchen cabinets/fixtures/countertops and appliances / new bathroom cabinets and fixtures with walk-in showers/ New water heater (rented) and new water softener. Roof is 2 years old. A separate mechanical room in between the units allows owner access to all Main Plumbing/HVAC/Electrical functions. Separate electric meters for each unit. Both sides are rented month to month thru November. Plenty of room for parking in front and a large yard out back. Both units are wheelchair accessible with existing ramps and have. 36" entry ways to each unit. Rural small town setting within walking distance of school and Cardinal Greenway.
Presented By: Sherry Anderson with RE/MAX Real Estate Groups; Cell: 765-748-1909

Interior Features for 502 N Madison Street

Bedrooms

Num. of 1 Bedrooms0
Num. of 2 Bedrooms2
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms2
Unit 2-# of Bedrooms2
Above Grade Bedrooms4
Beds4
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Below Grade Baths

Other Interior Features

Unit 1 SqFt1062
Unit 2 SqFt966
Total Finished SqFt1953
Basement Y/NNo
Above Grade Finished SqFt1953
Above Grade Unfin. SqFt75
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Main Level SqFt2028
Num. of Efficiencies0
BasementCrawl
Dishwasher(s)
Disposal(s)
Dryer(s)2
FlooringLaminate, Vinyl
Microwaves
Ranges/Ovens2
Refrigerators2
Total Number of Units2
W/D Hookups2
Washers2

Other Rooms

Total Rooms Below Grade

General for 502 N Madison Street

# of Buildings1
Age14
Agent First NameSherry
Agent Last NameAnderson
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense2042
Annual Trash Expense586
Architctural StyleRanch
AreaDelaware County
Assoc. Dues FrequencyNot Applicable
Assoc. Restrictions Y/NNo
Associated Document Count3
Auction Y/NNo
Bathrooms2
CityGaston
ClassINVESTMENT
CoolingCentral Air, Heat Pump
DOM110
Elementary SchoolWes-Del
FIPS Code18035
FeaturesOff Street Parking, Countertops-Laminate, Eat-In Kitchen, Open Floor Plan, Water Heater Electric, Water Softener-Owned, Washer Hook-Up
Full Baths2
Half Baths
HeatingForced Air
High SchoolWesdel
Legal DescriptionS QTR NW QTR 0.3000Acres STR: 342209 IN 18-02-34-160-009.000-025 pt 180234160008000025 pt
LocationCity/Town/Suburb
Middle SchoolWes-Del
Net Income17814
New ConstructionNo
OwnerPaysSewer, Trash Collection, Water, Water Softener
ParkingPaved
Pet Restrictions Y/NNo
REONo
Rent Income21300
School DistrictWes-Del Community Schools
SewerCity
StatusActive
StatusActive
Status Detail0
Stories1
StyleOne Story
SubdivisionNone
Tax Year2024
Tenant PaysElectric
Total Sq Ft2028
TownshipWashington
TypeDuplex
Unit Number1 & 2
Virtual TourClick here
Year Built2010
Zoning DescriptionResidential

Exterior for 502 N Madison Street

Approx. Lot Size Acres0.45
DrivewayGravel
Electric Meters2
ExteriorMetal
Gas Meters
Lot DescriptionCorner
Lot Dimensions133x148
Lot Size Area19602
Number of Parking Spaces4
OutbuildingNone
PoolNo
ROOF MATERIALShingle
Road AccessCity
Road SurfacePaved
Water Meters1
Waterfront Y/NNo
Well TypeCommunity

Additional Details

Price History

Schools

Elementary School Wes-Del Elementary School
Middle School Wes-Del Middle School
High School Wesdel High School

Ryan Orr

Associate
Price $169,900
MLS#202434347
List Date 09/06/2024
Property Type Multi-Family
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