Move-In Ready Townhome with
10877 Mathias Drive St John, IN 46373
10877 Mathias Drive, St John, IN, 46373
$385,000
For Sale
$385,000
SINGLE_FAMILY - St. John, IN
Property Size1,896 SF
Lot Size0.16 Acres
Price / SF$203.06
Days on Market35
Property Features for 10877 Mathias Drive
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Dining Room, Bathroom 2, Bedroom 1, Basement, Laundry Room
- Parking features
- Open
- Security features
- Security System
- Interior features
- Cathedral Ceiling(s), Walk-In Closet(s), High Ceilings, Eat-in Kitchen, Entrance Foyer, Crown Molding, Ceiling Fan(s)
- Basement
- Storage Space, Daylight
- Appliances
- Dryer, Water Softener Owned, Washer, Refrigerator, Gas Range, Dishwasher
- Standard status
- Active
- APN
- 451505455026000015
- Size
- 1,896 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- THE WOODS OF WESTON RIDGE UNIT 2 PT. OF SW'LY 28.48FT OF LOT 12
- Tax Annual Amount
- 3432
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 1
Listing Agency
Better Homes and Gardens Real
(219) 365-8000
725 E. Lincolnway Highway, St. John, IN
Listed by
Jeremy Barzycki
(219) 433-8766
Added: Jun 14 Checked: Jul 18 at 10:06 am
MLS# 840657
Listing URL
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This move-in ready townhome offers a bright, open main living area designed for everyday living, plus an adjoining sunroom for year-round enjoyment. The daylight basement is unfinished and presented as a blank canvas, with rough-in already in place for a future bathroom. An attached 2-car garage adds practical convenience.
Located in St. John, the home places shopping, restaurants, and major roadways within easy reach.
With thoughtful updates and an adaptable lower level, the layout supports comfortable day-to-day use while also providing a practical opportunity to expand living space over time.
Located in St. John, the home places shopping, restaurants, and major roadways within easy reach.
With thoughtful updates and an adaptable lower level, the layout supports comfortable day-to-day use while also providing a practical opportunity to expand living space over time.
Key Highlights
- 2006‑built townhome with cathedral ceilings, high ceilings, and crown molding
- Bright main living area plus sunroom for year‑round use
- Daylight basement is roughed in for a future bathroom, offering expansion options
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.3k | $17.04 |
| − Vacancy | −$1.8k | −$0.95 |
| EGI | $30.5k | $16.09 |
| − OpEx | −$13.7k | −$7.24 |
| NOI | $16.8k | $8.85 |
1,896 SF · lease $17.04/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$239.6K
$209.7K – $279.6K
NOI $16,774 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$529.3K
$463.1K – $617.5K
NOI $37,050 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Move-in ready townhome features a sunroom, daylight basement with rough-in for a future bathroom, and an attached 2-car garage.
Where is this single family property located?
The property is located at 10877 Mathias Drive St John, IN.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 2006‑built townhome with cathedral ceilings, high ceilings, and crown molding; Bright main living area plus sunroom for year‑round use; Daylight basement is roughed in for a future bathroom, offering expansion options
