This home's estimate is 6.8% lower than the average sale price ($388K) of 6 comparable homes.
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616 Trail Ridge Rd, Albion, IN 46701
About this home
Amazing investment opportunity with 2 duplex units located on the same parcel of land. These units were built in 2006 and have been well maintained. Each of the 4 units have been continuously rented with long term renters. This is a 55 yrs and older community housing. Each tenant pays their own utilities. 4 other duplex units are available for purchase in the North Ridge subdivision. Make this a package deal for a total of 12 units! There is also an addition 2 vacant lots that are available for purchase and suited for 4 more duplex units.
Redfin Estimate
Market trends in 46701, IN
Last updated September 2026
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Provided by Redfin
Sale history for 616 Trail Ridge Rd
$48/sq ft
$51/sq ft
Tax history for 616 Trail Ridge Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking/Garage Information
- Has Garage
- # of Open Parking Spaces: 4
- Parking Features: Garage Door Opener, Asphalt, Garage, Paved
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 4
- # of Main Level Bathrooms: 8
- Heating & Cooling
- Has Cooling
- Cooling: Central Air
- Has Heating
- Heating: Forced Air
- Interior Features
- Appliances: Dishwasher, Range, Refrigerator
- Flooring: Carpet
- Room Information
- Laundry Features: Washer Hookup
Exterior
- Exterior Features
- Patio And Porch Features: Covered
- Roof: Asphalt
- Building Information
- Above Grade Finished Area: 4,312
- # of Stories Total: 1
- Construction Materials: Brick, Vinyl Siding
- Foundation Details: Slab
- Property Features
- Pets Allowed: Yes
- Property Information
- Property Type: Residential Income
- Property Sub Type: Duplex
- Raw Mls Property Sub Type: Duplex
- Lot Information
- Lot Features: Cul-De-Sac, Level
- Road Responsibility: Public Maintained Road
- Lot Size Dimensions:
- Lot Size Acres: 0.663
- Zoning: R4
Financial
- Tax Information
- Tax Annual Amount: $4,133
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
Location
- Schools Information
- School District: Central Noble Community
- Elementary School: Albion
- Middle Or Junior School: Central Noble
- High School: Central Noble
- Location Information
- Directions: US 33 N Fort Wayne, right on US 9, right on Trailridge Rd, property on the left
- Subdivision Name: The Meadows of North Ridge Villa
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 1,078
- Stories: 1.0
- Lot Size: 0.66 acres
- Style: Multi-Family (5+ Unit)
- Year Built: 2006
- Year Renovated: 2006
- County: Noble County
- APN: 571318400023000002
Other
- Listing Information
- List AOR: Upstate Alliance of REALTORS
Around this home
Schools
Public 3-5 • Assigned • 0.5mi
Public 6-12 • Assigned • 0.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 99° expected this year, 16 days in 30 years
Minor risk of severe winds over next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 10.7 hours in June and 3.1 hours in December, which is comparable to the U.S. average for solar exposure.
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Home values near 616 Trail Ridge Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1312 Sq. Ft. | $309,191 |
2 Beds | 1 Baths | 1303 Sq. Ft. | $222,471 |
| Address | Redfin Estimate |
|---|---|
8 Beds | 4 Baths | 4312 Sq. Ft. | — |
3 Beds | 2 Baths | 1922 Sq. Ft. | $286,933 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1400 Sq. Ft. | $292,294 |
4 Beds | 4 Baths | 4312 Sq. Ft. | — |
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