Property details
About 7028 E Heritage Dr
POTENTIAL ASSUMABLE 4.45% MORTGAGE AND PARTIAL SELLER FINANCE WITH STRONG OFFER! An exceptional investment opportunity awaits with this well-maintained 24-unit apartment complex situated on a sprawling 6-acre lot in charming Pierceton, IN. Comprised of 12 duplexes, the property features twenty-three 2 bed / 1 bath units and one 1 bed / 1 bath unit, offering a total rental income of $16,690/month, with 20 units currently leased. Income can easily be brought up through multiple avenues! Each unit includes off-street parking for two cars, and tenants pay their own gas and electricity—keeping overhead low. A separate building provides on-site laundry facilities with coin-operated machines, a garage, and dedicated storage space, generating additional income potential and convenience for tenants. Ideally located near Pierceton Skate Park, Forest Ridge Family Campground, and just 15 minutes from Downtown Warsaw, this property offers the perfect balance of peaceful living with quick access to nearby amenities. Also very strong medical employers in close proximity allowing for strong tenant base! Whether you're expanding your portfolio or seeking a high-performing multifamily asset, this turnkey complex delivers stable cash flow, long-term growth, and rare scale in a desirable setting.
Highlights
Virtual tour
Summary
- Heating: Natural Gas, Forced Air
- Cooling: Central Air, Window Unit(s)
- List Price: $2,000,000
- Annual Tax Amount: $2,267
- Tax Year: 2023
- Directions: Enter address into Google Maps.
- Year Built: 1976
- Stories: 1
- Lot Size: 6 Acres
- MLS Number: 202528244
- Office Name: eXp Realty, LLC
- Office Phone: (260) 498-0384
- Listing Agent: Jordan Wildman
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: 7/22/2025, 7:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $165,600 | $2,267 |
| 2021 | $159,800 | $2,339 |
| 2020 | $133,200 | $2,077 |
| 2019 | $133,200 | $2,152 |
History based on county public records data.
Nearby schools
4
Pierceton Elementary School
Public District PK-6
1.6 mi
•434 S First St
5
Jefferson Elementary School
Public District PK-6
5.6 mi
•1 Jefferson Dr
5
Harrison Elementary School
Public District KG-6
6.4 mi
•1300 Husky Trl
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 $49,946. Typical income of Pierceton, IN residents is between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Monster Trucks
Hunting
NASCAR
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
Country
New Country- Classic Country
Frequently asked questions
About 7028 E Heritage Dr
The listing price of 7028 E Heritage Dr property is $2,000,000.
The property 7028 E Heritage Dr is a condo located in Pierceton, Indiana, 46562.
Active Listing: 7028 E Heritage Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7028 E Heritage Dr are: Pierceton Elementary School (GreatSchools Rating 4/10), Jefferson Elementary School (GreatSchools Rating 5/10), Harrison Elementary School (GreatSchools Rating 5/10), Lakeview Middle School (GreatSchools Rating 6/10), Edgewood Middle School (GreatSchools Rating 5/10), Wawasee Middle School (GreatSchools Rating 6/10), Warsaw Community High School (GreatSchools Rating 6/10), Whitko Jr/Sr High School (GreatSchools Rating 4/10), Columbia City High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,267 (source: MLS/based on county public records data).
The property at 7028 E Heritage Dr has 0 bathroom.
The year of construction for 7028 E Heritage Dr is 1976.
This home is located at 7028 E Heritage Dr in Pierceton, IN and zip code 46562. This home, which was built in 1976, sits on a 6.00 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 19, 2025 and is currently priced at $2,000,000.
Over 0 listings were sold over their listed price in June 2025 in Pierceton, IN. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Pierceton, IN between May and June 2025 did not move.