3 days on RocketTour
$3,561 Closing Credit¹
#202514779, Gary Schnell, Listing Office: SELL4FREE-WELSH REALTY CORPORATION
$275,000 List price
8895 W State Road 56 French Lick, IN 47432
$3,266
Closing credit¹
0.2 acres
Multi-Family
Property details
About 8895 W State Road 56
Take a look at this great investment property containing 4 residential units. There are 2 one bedroom units and 2 two bedroom units. The units have been recently updated with new bathrooms and new flooring and fresh paint. Current gross monthly rents are $3000.00. All units are currently leased. There is a washer and dryer available for tenant use.
Highlights
Home typeQuadruplex
HeatingNatural Gas, Forced Air
StatusActive
CoolingWindow Unit(s)
Lot size0.159 Acres
Year built1930
MLS #202502454
Virtual tour
Summary
- Heating: Natural Gas, Forced Air
- Cooling: Window Unit(s)
- List Price: $275,000
- Annual Tax Amount: $3,963
- Tax Year: 2023
- Directions: 8895 W. State Road 56 French Lick IN
- Year Built: 1930
- Stories: 3
- Lot Size: 0.159 Acres
- MLS Number: 202502454
- Office Name: SELL4FREE-WELSH REALTY CORPORATION
- Office Email: andy.welshs4f@gmail.com
- Listing Agent: Gary Schnell
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: 4/30/2025, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$275,000
8895 W State Road 56
$3,266
closing credit¹
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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 | $196,500 | $3,963 |
| 2021 | $157,800 | $3,185 |
| 2020 | $150,300 | $3,114 |
| 2019 | $154,200 | $3,106 |
| 2017 | $149,400 | $2,988 |
History based on county public records data.
Nearby schools
5
Springs Valley Elementary School
Public District KG-5
0.5 mi
•356 S Larry Bird Blvd
6
Throop Elementary School
Public District KG-6
8.0 mi
•301 Elm St
4
Shoals Community Elementary School
Public District PK-5
11.8 mi
•11749 Ironton Rd
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 $29,167. The majority of French Lick, IN residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
54%
<35k
38%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
51%
Single, No Kids
11%
Single, with Kids
26%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Pro Wrestling
Monster Trucks
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Dodge
Chevrolet
What do the neighbors listen to?
Classic Country- Country
Oldies
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 8895 W State Road 56 in French Lick, IN and zip code 47432. This home, which was built in 1930, sits on a 0.16 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $275,000.
Between February and March 2025, French Lick, IN real estate market has seen increase in the number of listings by 35.7%. In March 2025 median list price was $242,450 and the average listing age was 129 days.
From Rocket Homes Real Estate and based on county public records data.