509 Old Creek Ln Jeffersonville, IN 47130

3 beds · 2 baths · 1,547 sq ft · Lot Size: 9,660 sq ft · Single Family Home · Oak Park
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509 Old Creek Ln is in the Oak Park neighborhood of Jeffersonville, IN. It is located in Clark County and ZIP code 47130. This Single Family Home was built in 2001 and is approximately 24 years old. The single family home spans 1547 sq ft with 3 bedrooms and 2 bathrooms and sits on a 9660 sq ft lot. The Oak Park area of Jeffersonville has 1690 residential homes. Analyze and compare real estate investment strategies for properties like this home at 509 Old Creek Ln Jeffersonville, IN 47130 with Property Intel by Whitepages.

Investment Potential for 509 Old Creek Ln

The property has a current estimated value of $233,762, which is 19% above the neighborhood median. Projected long-term rental income is $20,400 annually ($1,700 per month) with a 86% occupancy rate.

Long-Term

Gross Rental
$20,400 per year($1,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 47130 zip code
 
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Owners & Occupancy for 509 Old Creek Ln

This property is owned by Erik L Grismer. Owner contact information includes 7 phone numbers and 4 email addresses.

Property Owners

Cell Phone(502) ***-****
Residence******************
Landline(812) 282-1466+ 3 more
Distance from Property**********
Email Address********@gmail.com

Property Ownership Information

Property Tax Amount$2,310 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 43
Resident 2************** age 48

Property Details for 509 Old Creek Ln

Property Details

Property Sq Ft

Living Area

1,547 sq ft

Compare to Oak Park

Lot Size

9,660 sq ft

Compare to Oak Park

Price Per Sq Ft

Living Area

$151 / sq ft

Compare to Oak Park

Lot Size Area

$24 / sq ft

Compare to Oak Park
Property condition, age, exterior, etc. for 509 Old Cr…
Longitude: -85.693708 Latitude: 38.317365 Parcel Number (APN): 10-20-01-301-043.000-009…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Market Benchmarks

Compare data for 509 Old Creek Ln in Clark County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$233,762
$209,089
$24,673 (12%)
$310,205
$5,317 (2%)
YoY Price Change
3.01%
3%
Year Built
2001
1972
29 years
Living Space
1,547 sq ft
1,582 sq ft
-35 (-2%)
$ Per Living Sq Ft
$151
$136
$15 (11%)
Lot Size
9,660 sq ft
12,807 sq ft
-3147 (-25%)
$ Per Lot Sq Ft
$24
$19
$5 (26%)

Net Operating Income
$14,155
-$497 (-4%)
Annual Revenue
$20,400
$19,800
$600 (3%)
$5,253
$1,489 (28%)
Net Operating Income
$14,155
-$497 (-4%)
Cap Rate
6.3%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians