This three unit building is located close to downtown Rensselaer. Property has two 1 bedroom apartments and also a studio apartment. Both of the single bedroom apartments have hot water baseboard heat and window A/C. The studio apartment has an efficiency wall furnace and window A/C. All utilities are with City of Rensselaer. Main floor one bedroom apartment includes a stacked washer/dryer. All apartments have refrigerator and stove provided. Roof replaced in August of 2014. Boilers replaced in December of 2010.
Closed
$120,000
127 S Front St, Rensselaer, IN 47978
3beds
--sqft
Triplex
Built in 1910
-- sqft lot
$151,800 Zestimate®
$--/sqft
$1,337 Estimated rent
Home value
$151,800
$121,000 - $184,000
$1,337/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 16, 2025 at 02:56pm
Listed by:
Scott Barton,
Cornerstone Real Estate Agency 219-866-4528,
Terri Phegley
Bought with:
Terri Phegley, RB14016585
Cornerstone Real Estate Agency
Source: NIRA,MLS#: 802945
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Radiant, Wall Furnace, Natural Gas
Appliances
- Included: Free-Standing Electric Oven, Washer/Dryer Stacked, Free-Standing Refrigerator
- Laundry: Laundry Closet, Other, None
Features
- Other
- Basement: Concrete,Daylight,Crawl Space
- Has fireplace: No
Interior area
- Finished area above ground: 1,748
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Exterior features: None
- Pool features: None
- Fencing: None
- Frontage length: 75
Lot
- Size: 5,967 sqft
- Dimensions: 75 x 79
- Features: City Lot, Corner Lot
Details
- Parcel number: 370730000021001027
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Rensselaer
- Subdivision: Dobsons Sub
HOA & financial
Other financial information
- Total actual rent: 17400
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2025 | Sold | $120,000-25% |
Source:  NIRA #802945 | ||
| 5/1/2025 | Pending sale | $159,900 |
Source: NIRA #802945 | ||
| 3/4/2025 | Listed for sale | $159,900 |
Source: NIRA #802945 | ||
| 2/6/2025 | Pending sale | $159,900 |
Source: NIRA #802945 | ||
| 2/5/2025 | Listing removed | $159,900 |
Source: NIRA #802945 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,218 +7.6% | $105,500 +5.8% |
| 2023 | $1,132 +9% | $99,700 +13% |
| 2022 | $1,038 +4.4% | $88,200 +18.5% |
Find assessor info on the county website
Neighborhood: 47978
Nearby schools
GreatSchools rating
- 9/10Van Rensselaer Elementary SchoolGrades: 3-5Distance: 0.7 mi
- 6/10Rensselaer Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Rensselaer Central High SchoolGrades: 9-12Distance: 0.9 mi
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$151,800
2% more+ $3,036
With Zillow Showcase(estimated)
$154,836