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1121 State Road 46 W Road Batesville, IN $ 595,000
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$ 595,000 Get more info
1121 State Road 46 W Road
$ 595,000
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Share Save

1121 State Road 46 W Road

Batesville, IN, 47006
$ 595,000
Baths14.0 Sq 5,000

Monthly Estimate*

$ 3,664

1121 State Road 46 W Road, Batesville, IN 47006 - Image 1
1121 State Road 46 W Road, Batesville, IN 47006 - Image 2
1121 State Road 46 W Road, Batesville, IN 47006 - Image 3
1121 State Road 46 W Road, Batesville, IN 47006 - Image 4
1121 State Road 46 W Road, Batesville, IN 47006 - Image 5
View a Virtual Tour
Studio

Multi-Family Home for sale in Batesville, IN

for $595,000 with 14 full baths. This 5,000 square foot home was built in 1947.

Presenting a fully stabilized mobile home park, the new owner of Wagners Mobile Home Park will receive immediate cash flow with 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 are at $400/month. 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 includes a 5,000 sq ft pole barn, one bay (20%) leased to a contractor for 3-yr term. 80% available for adding tenants (value-add).

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Multi-Family Active

Price

$ 595,000

Bedrooms

Studio

Full Bath

14

Property Type

Multi-Family

Taxes

$ 4,891

Style

Year Built

1947

Town/City

Batesville

County/Region

Ripley

MLS | Web ID

202515671
Features
General
Heating None
Cooling None
Sewer City
Status Active Active
Full Baths 14
Half Baths 0
Bathrooms 14
Year Built 1947
New Construction No
Tenant Pays Electric Fuel Heating
Subdivision None
Style Other
Stories Count 1
Township Ray
Class INVESTMENT
Type Other
Age 78
Net Income 7040
Rent Income 76523.81
Features Other-See Remarks
REO No
Status Detail 0
Area Franklin County
High School Batesville
City Batesville
School District Batesville Community
Total Sq Ft 5000
Elementary School Batesville Intermediate
Middle School Batesville
Legal Description PT NE 24-10-11 4.172A PT NE 24-10-11 1.529A
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202515671
Agent First Name Craig
Agent Last Name Dohman
DOM 109
Tax Year 2025
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Interior
Basement None
Flooring Other
Beds 14
Total Number of Units 14
Microwaves 0
Refrigerators 0
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 14
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 0
W/D Hookups 0
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Exterior
Exterior None
Pool No
Number of Parking Spaces 0
Lot Size Area 248292
Lot Description Other
Outbuilding Pole/Post Building
Waterfront Y/N No
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* Excluded Features
List By
Craig Dohman

Listing Agent

Century 21 Scheetz - Bloomington

Broker

cdohman@c21scheetz.com

Email

Affordability Calculator

$4,071
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,664
Monthly Property Taxes
$408
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5331298 Elementary School
5331297 Middle School
Batesville High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/2/2025$535,000 Listed Price

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1121 State Road 46 W Road, Batesville, IN, 47006 is a Multi-Family Home for sale at $595,000 with 5,000 sqft. 1121 State Road 46 W Road is a studio with 14.0 baths and was built in 1947. The property's zip code is 47006 which is in Batesville, IN

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