11243 State Road 56 Aurora IN 47001

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11243 State Road 56

Aurora, IN 47001

Suburb: Center

$180,000

2bd

1 - 0ba

946sqft

Active

Charming 2-bedroom, 1-bath home with a loft (possible 3rd bedroom) at 11243 SR 56, Aurora, IN 47001. Currently used as an Airbnb, this 946 sqft home offers a cozy living room with a pellet stove, an eat-in kitchen with brand new vinyl flooring, and a spacious master bedroom with an adjoining bath. The property features a covered front porch, a full unfinished basement, and a 0.70-acre lot with mature trees and a storage shed. Enjoy seasonal Ohio River valley views from this peaceful rural setting, just minutes from town. Perfect for first-time buyers, retirees, or continued use as a rental. Ready to move in or start renting immediately. Don't miss this opportunity! Owner is a licensed real estate agent.

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Property Details

General Information

Property Type	Residential
Style	Residential
Suburb	Center
Zip Code	47001
School District	South Dearborn
MLS#	203646

Additional Information

Levels	One and One Half
Construction	Wood Siding
Architecture	Cape Cod
Lot Dimensions	.70
Total Acres	0.7
Gas	None
Water	Public
Sewer	Septic Tank
Foundation	Block, Poured
Semi-Annual Taxes	$459.10

Property Features

Property SqFt.	946
Basement	Full
Garage	None
Cars	0
Parking	Driveway
Windows	Aluminum, Casement, Double Pane
Heating	Electric, Heat Pump
Cooling	Ceiling Fans, Central Air

Additional Features

Master Bedroom Info	Bath Adjoins
Master Bath Info	Tile Floor, Tub w/Shower
Basement Details	Unfinished
Living Room Features	Fireplace, Vinyl
Kitchen Features	Eat-In, Vinyl Floor
Appliances	Dishwasher, Oven/Range, Refrigerator

Room Information

	Dimensions	Level
Living	12 x 12	1
Kitchen	12 x 13	1
Laundry	8 x 6	1

Bedroom Information

	Dimensions	Level
Master Bedroom	12 x 15	1
Bedroom 2	12 x 12	1

Bathroom Information

	Type	Level
Bath 1	Full	1

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Southeast Indiana Board of REALTORS®. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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