$6,401 Closing Credit¹
#21988129, Joan Schornick, Listing office: Tudor Square Realty, Inc.
$535,000 List price
1121 State Road 46 Rd W Batesville, IN 47006
$6,353
Closing credit¹
5.7 acres
House
Property details
About 1121 State Road 46 Rd W
Turnkey Mobile Home Park Investment – 100% Leased Mobile Home Park with Value-Add Potential. Presenting a fully stabilized mobile home park offering immediate cash flow and value-add potential. This 14-lot park is on city water / city sewer and is 100% occupied with all 14 homes as tenant-owned homes. Easy to manage remotely with maintenance guy on site. Lot rents range from $360–$390/month. Annual Gross Income is $76,523.81; Net Operating Income is $48,994.77. Selling at a 9.16% CAP. The property is zoned B3 (General Business) with additional vacant land ready for further development, opening the door to a range of development possibilities including storage units (see Permitted Use Table). The property also includes a 5,000 sq ft pole barn, currently leased to a commercial tenant. Don’t miss this rare opportunity to acquire a high-performing asset with stable occupancy on city water / city sewer, multiple income streams, and room to grow.
Highlights
Home typeOther
StatusAccepting Backup Offers
(Cont-AccptngBackupOffers)
(Cont-AccptngBackupOffers)
Lot size5.7 Acres
Year built1947
MLS #202515671
Virtual tour
Summary
- Heating: None
- Cooling: None
- List Price: $535,000
- Directions: GPS friendly.
- Year Built: 1947
- Stories: 1
- Lot Size: 5.7 Acres
- MLS Number: 202515671
- Office Name: Century 21 Scheetz - Bloomington
- Office Phone: (812) 606-0136
- Listing Agent: Craig Dohman
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/23/2025, 10:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$535,000
1121 State Road 46 Rd W
$6,353
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Batesville Intermediate School
Public District 3-5
0.9 mi
•707 Columbus Ave
6
Sunman Elementary School
Public District KG-5
7.2 mi
•925 N Meridian St
5
Jac-Cen-del Elementary School
Public District PK-6
11.9 mi
•4544 N US Highway 421
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,412. Most Batesville, IN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
28%
<35k
44%
35k-100k
25%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
11%
Single, with Kids
23%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
35%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Soccer
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Old Navy
Dick's Sporting Goods
Where do the neighbors go to eat?
Little Caesars
Jimmy Johns
Arbys
What do the neighbors drive?
Chevrolet
GMC
Lincoln
What do the neighbors listen to?
Country
New Country
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1121 State Road 46 Rd W
The listing price of 1121 State Road 46 Rd W property is $535,000.
The property 1121 State Road 46 Rd W is a house located in Batesville, Indiana, 47006.
Accepting Backup Offers: 1121 State Road 46 Rd W is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1121 State Road 46 Rd W are: Batesville Intermediate School (GreatSchools Rating 6/10), Sunman Elementary School (GreatSchools Rating 6/10), Jac-Cen-del Elementary School (GreatSchools Rating 5/10), Batesville Middle School (GreatSchools Rating 7/10), Milan Middle School (GreatSchools Rating 4/10), Milan Intermediate School (GreatSchools Rating 3/10), Batesville High School (GreatSchools Rating 8/10), Jac-Cen-del Middle School/High School (GreatSchools Rating 6/10), Milan High School (GreatSchools Rating 5/10).
The property at 1121 State Road 46 Rd W has 0 bathroom.
The year of construction for 1121 State Road 46 Rd W is 1947.
This home is located at 1121 State Road 46 Rd W in Batesville, IN and zip code 47006. This home, which was built in 1947, sits on a 5.70 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $535,000.
Batesville, IN housing market in May 2025 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. In May 2025 in Batesville, IN there were 5.3% less homes for sale than in April. Listings spent 45 days on the market in May 2025, and had a median list price of $306,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.