Zip Code
202 S Franklin, Mentone, IN 46539
3 beds · 1 bath · 2,057 sq ft · Lot: 8,712 sq ft · Single Family Home · Built: 1901
Est. Value:
$150K
Est. Rent:
$2.4K/month

202 S Franklin Mentone, IN 46539

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3 beds · 1 bath · 2,057 sq ft · Lot Size: 8,712 sq ft · Single Family Home
Est. Property Value: $150,059

High Demand Long-Term RentalOwner Age 65 - 75

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202 S Franklin is in the 46539 neighborhood of Mentone, IN. It is located in Kosciusko County and ZIP code 46539. This Single Family Home was built in 1901 and is approximately 124 years old. The single family home spans 2057 sq ft with 3 bedrooms and 1 bathroom and sits on a 8712 sq ft lot. According to public records, it has a tax-assessed value of $121,200, which is $73 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 202 S Franklin Mentone, IN 46539 with Property Intel by Whitepages.

Investment Potential for 202 S Franklin

The property has a current estimated value of $150,059, which is 7% above the zip median. Projected long-term rental income is $28,200 annually ($2,350 per month) with a 89% occupancy rate.

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Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
89%in 46539 zip code
 
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Owners & Occupancy for 202 S Franklin

This property is owned by April L Menzie. Owner contact information includes 7 phone numbers and 2 email addresses.

Property Owners

OccupationCreative Director, Tsa Communications, Inc.
Cell Phone(574) ***-****View Cell Phone
Residence***********
Landline(219) 353-7736
Distance from Property**********
Email Address**************@gmail.comView Email

Cell Phone(574) ***-****View Cell Phone
Residence***********
Landline(219) 353-7736
Distance from Property**********
Email Address***********@gmail.comView Email
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Property Ownership Information

Property Tax Amount$1,054 in 2023

Occupancy

Current Occupancy******View Occupancy

Property Details for 202 S Franklin

Property Details

Property Sq Ft

Living Area

2,057 sq ft

31% above market

Lot Size

8,712 sq ft

62% below market

Price Per Sq Ft

Living Area

$73 / sq ft

20% below market

Lot Size Area

$17 / sq ft

40% above market

Property condition, age, exterior, etc. for 202 S Fran…
Longitude: -86.0395 Latitude: 41.172165 Parcel Number (APN): 43-13-02-100-033.000-036…
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Market Benchmarks

Compare data for 202 S Franklin in Kosciusko County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$150,059
$210,100
-$60,041 (-29%)
$******
$306,513
-$88,803 (-29%)
YoY Price Change
****%
3.01%
6%
Year Built
1901
1972
-71 years
Living Space
2,057 sq ft
1,582 sq ft
475 (30%)
$ Per Living Sq Ft
$73
$138
-$65 (-47%)
Lot Size
8,712 sq ft
12,807 sq ft
-4095 (-32%)
$ Per Lot Sq Ft
$17
$19
-$2 (-11%)

Net Operating Income
$*****
$18,060
$4,202 (23%)
Annual Revenue
$28,200
$24,600
$3,600 (15%)
$****
$5,949
-$11 (0%)
Net Operating Income
$*****
$18,060
$4,202 (23%)
Cap Rate
****%
7.89%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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