$2,197

closing credit¹

6085 State Road 42nd Rd Poland, IN 47868

$185,000
0.8 acres
Multi-Family

Property details

About 6085 State Road 42nd Rd

This home could be converted to a 4BR 2BA home or could be the income opportunity near Cataract Lake you been looking for. Many possibilities, but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4 bedroom 2 bath home and bought with a low down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental is available or in a short distance the state boat dock ramp for Cataract lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant. Room measurements are approximate and realize they are for a duplex and kitchen would be converted into a bigger size.

Highlights

Home typeDuplex
HeatingElectric, Baseboard
StatusActive
CoolingWindow Unit(s)
Lot size0.83 Acres
Year built1991
MLS #202432006

Virtual tour

Summary

  • MLS Number: 202432006
  • Office Name: Down Home Real Estate & Auction LLC
  • Listing Agent: Beth Neeley

IDX 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: 2/3/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$185,000

6085 State Road 42nd Rd

$2,197

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

Cloverdale Elementary School

Public District PK-4

6.6 mi

311 E Logan St

6

Central Elementary School

Public District KG-5

9.8 mi

1888 E US Highway 40

7

Patricksburg Elementary School

Public District KG-6

10.4 mi

Hwy 246

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,618. Most Poland, IN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

36%
<35k
49%
35k-100k
15%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

39%
Single, No Kids
12%
Single, with Kids
33%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
49%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Monster TrucksMonster Trucks
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 6085 State Road 42nd Rd in Poland, IN and zip code 47868. This home, which was built in 1991, sits on a 0.83 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $185,000.

In January 2025 more than 0 listings in Poland, IN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of listings in Poland, IN remained the same between December and January 2025. In January 2025 median list price was $490,000 and the average listing age was 7 days.

From Rocket Homes Real Estate and based on county public records data.

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