Rare Investment Opportunity! Known as Newcastle Township Homesites, this long standing trailer park has been revitalized, restored, and loved for the past 5 years. This is two neighboring parks brought together and brought back to life. New infrastructure and permits exist now to bring this park to maximum occupancy and efficiency. 6 trailers and 2 lots currently rented out. 8 more empty lots ready to rent now and more on the way. Original footprint allows for 32 lots. 21 on east section and 11 on the west half. The REMC and NIPSCO are on board to hook up each additional unit for each new tenant at little or no cost to owner of park. This is a rural trailer park between Rochester and Warsaw Indiana on St Rd 25. Great Schools to choose from.
Active under contract
Price cut: $50.9K (10/23)
$499,000
4684 N State Road 25, Rochester, IN 46975
12beds
8,000sqft
Est.:
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 316 days |
- 464 |
- 19 |
Zillow last checked: 8 hours ago
Listing updated: December 23, 2025 at 08:01am
Listed by:
Orville M Haney 574-505-0681,
Homes Land & Lakes Realty
Source: IRMLS,MLS#: 202505057
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Cooling
- Multi Units
Features
- Laminate Counters
- Flooring: Laminate, Part Carpet
- Basement: Concrete
Interior area
- Total structure area: 8,000
- Total interior livable area: 8,000 sqft
- Finished area above ground: 8,000
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 40
- Parking features: Gravel, Off Street, Asphalt
- Has uncovered spaces: Yes
Features
- Stories: 1
- Fencing: Chain Link
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 10 Acres
- Features: Level, 6-9.999, Rural, Landscaped
Details
- Additional structures: Barn(s)
- Additional parcels included: see associated docs for 7 more
- Parcel number: 250322200004.022006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Electric: REMC
- Gas: NIPSCO
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Rochester
Financial & listing details
- Tax assessed value: $1,100
- Annual tax amount: $3,200
- Date on market: 2/18/2025
- Listing terms: Conventional
- Inclusions: Building, Business, Land, Lease
- Lease term: Negotiable
- Total actual rent: 37200
- Tenant pays: Cable TV, Electricity, Fuel, Heating, Trash Collection
Estimated market value
Not available
Estimated sales range
Not available
$1,229/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2025 | Price change | $499,000-9.3% |
Source:  IRMLS #202505057 Report a problem | ||
| 9/3/2025 | Price change | $549,900-7.6% |
Source: IRMLS #202505057 Report a problem | ||
| 4/16/2025 | Price change | $595,000-4.8% |
Source: IRMLS #202505057 Report a problem | ||
| 2/18/2025 | Listed for sale | $625,000+293.1% |
Source: IRMLS #202505057 Report a problem | ||
| 9/26/2020 | Listing removed | $159,000$20/sqft |
Source: RE/MAX Results #201951119 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11 -9% | $1,100 +57.1% |
| 2023 | $12 -3.8% | $700 |
| 2022 | $13 +3.9% | $700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,322/mo
Principal & interest
$1935
Property taxes
$212
Home insurance
$175
Climate risks
Neighborhood: 46975
Nearby schools
GreatSchools rating
- 6/10Mentone Elementary SchoolGrades: PK-5Distance: 8.2 mi
- 7/10Tippecanoe Valley Middle SchoolGrades: 6-8Distance: 6.9 mi
- 8/10Tippecanoe Valley High SchoolGrades: 9-12Distance: 7.1 mi
Schools provided by the listing agent
- Elementary: Mentone
- Middle: Tippe Valley
- High: Tippe Valley
- District: Tippecanoe Valley
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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