Active

$184,900

512 N Cullen St, Rensselaer, IN 47978

4beds

2baths

--sqft

Est.:

Duplex

Built in 1910

-- sqft lot

$180,200 Zestimate^®

$--/sqft

$-- HOA

What's special

Generously sized lotGutters and downspoutsAbundant natural light throughoutNew kitchenNew windows and doors

Well maintained turn-key 2-unit investment property! This property offers strong potential for both seasoned investors and those looking to expand their portfolio. All utilities are separated and paid by tenant. Featuring 2 bedrooms, 1 bath, and laundry room in each unit, the home includes a functional layouts with spacious living areas and abundant natural light throughout. Additional highlights include new windows & doors, new kitchen, beautiful built-in cabinet on main level, new area rugs over hardwood floors, gutters and downspouts, 2 entrances for each unit/enclosed staircase for upstairs unit, a storage shed for each unit, a partial basement for mechanicals, and a generously sized lot. Newer Boilers for each unit...One in 2024.

1 day

234

8

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Individual Unit, Unit Control, Natural Gas, Hot Water

Appliances

Included: Built-In Gas Range, Washer, Range Hood, Refrigerator, Range, Microwave, Gas Water Heater, Dryer
Laundry: Laundry Room, Upper Level, Main Level

Features

Ceiling Fan(s), Laminate Counters, High Ceilings, Entrance Foyer
Windows: Insulated Windows
Basement: Sump Pump,Unfinished
Has fireplace: No

Interior area

Finished area above ground: 2,590

Property

Parking

Total spaces: 4
Parking features: Driveway, Off Street, Gravel
Has uncovered spaces: Yes

Features

Levels: Two
Patio & porch: Enclosed, Front Porch
Exterior features: Rain Gutters
Has view: Yes
View description: Neighborhood

Lot

Size: 0.39 Acres
Features: Back Yard, Rectangular Lot

Details

Parcel number: 370719001005008027
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1910

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Thompsons Add

HOA

Has HOA: No

Location

Region: Rensselaer

Financial & listing details

Tax assessed value: $142,300
Annual tax amount: $1,677
Date on market: 4/21/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,VA Loan,FHA,Conventional

Estimated market value

$180,200

$146,000 - $214,000

$1,076/mo

Price history

Date	Event	Price
4/21/2026	Listed for sale	$184,900+131.4%
Source: NIRA as distributed by MLS GRID #837508 Report a problem
9/27/2004	Sold	$79,900
Source: NIRA as distributed by MLS GRID #114800 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,661 +3.2%	$142,300 +4.6%
2023	$1,610 -5.4%	$136,000 +8.5%
2022	$1,701 -3.8%	$125,400 +2.9%
2021	$1,769 +4.4%	$121,900 -5.9%
2020	$1,695 +5.9%	$129,600 +0.3%
2019	$1,601 +72.1%	$129,200 +58.3%
2017	$930 +0.9%	$81,600 -0.1%
2016	$922 -0.3%	$81,700 +1.7%
2014	$925 +6.5%	$80,300 +1.1%
2013	$869 +0.6%	$79,400 +0.1%
2012	$863 -8.5%	$79,300 +2.1%
2011	$944 +12.4%	$77,700
2010	$840 +3.2%	$77,700
2009	$814	$77,700 +10.2%
2006	--	$70,500 -0.3%
2005	--	$70,700