501 Haskell Rd · Dunkirk, IN 47336

$99,000

1 bd · 1.0 ba · 1,104 sqft · SingleFamily public records · 5 Days on market

Built 1970 0.39 ac lot Est $82k · 21% over

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.1/30.0
• DSCR +7.1/10.0
• Appreciation +6.8/10.0
• 1% rule +4.6/10.0
• Schools +3.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks MLS

Best buy in Dunkirk! 2 Bedroom, 1 bath home on a cozy . 39 acre lot. Heated and cooled by electric heat pump backed up by an electric furnace. Plenty of space in this 19 x 14 kitchen, all appliances stay. Closets and storage everywhere! Right across the street from Dunkirk City park. See this home today!

Key facts

• 0.39 acre lot
• 2 garage spots
• Built 1970

Property features AI

Exterior

• Parking: Attached garage with 2 garage spaces and garage door opener
• Utilities: Public water; Public sewer
• Home design: Single-family residence, site-built; One story
• Construction: Brick and vinyl siding exterior
• Exterior features: Level lot; Shed(s)

Interior

• Kitchen: Refrigerator; Electric range
• Bedrooms: 4 total rooms (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Central air; Electric heating with forced air and heat pump
• Interior features: Window treatments; Crawl space basement
• Laundry & utility: Washer; Main-level laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $159 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $95k (4.1% below list).
• Recommended offer: $95k (4.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 64/100 on livability (#404 in IN) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D, amenities F, commute F.
• Jay School Corporation (rural): math 38% / reading 37% proficiency, ranked #175 of 301 in IN (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: West Jay Elementary (math 42% / reading 32%, grade F, #550 of 994 statewide, top 57%, 249 students, 75% FRL); Jay County Jr/Sr High School (math 34% / reading 41%, grade F, #245 of 369 statewide, top 67%, 1,242 students, 50% FRL) — zoned schools average 62% FRL vs 44% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 32 active listings in the ZIP; 19 units permitted in Jay County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($684 loan paydown + $4k appreciation (3.6% local appreciation)).
• Jay County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.6% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $67k; 48% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $94,929 (4.1% below list)

Questions for the listing agent

1. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.96% ✗
• Cap rate: 8.22%
• Cash-on-cash: 6.88%
• DSCR: 1.31
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $81,696
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
141 Highland Ave	0.49mi	2/1.0 (+1)	1,165 (+6%)	4mo	$104,000	$89	59
202 Shadyside St	0.72mi	2/1.0 (+1)	1,224 (+11%)	1mo	$142,500	$116	43
223 Mount Auburn St	0.47mi	2/1.0 (+1)	986 (-11%)	17mo	$37,000	$38	41
309 E High St	0.48mi	2/1.0 (+1)	991 (-10%)	24mo	$50,000	$50	36
651 N Hickory St	0.66mi	2/1.0 (+1)	966 (-12%)	11mo	$15,000	$16	34
156 E Grand St	0.73mi	2/1.0 (+1)	980 (-11%)	14mo	$72,500	$74	30
412 N Meridian St	0.72mi	2/1.0 (+1)	975 (-12%)	24mo	$110,000	$113	22

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.64% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.5%
• Equity multiple: 1.92×
• Total profit: $25,405
• Equity at exit: $48,125

10-year hold

• IRR: 16.7%
• Equity multiple: 3.60×
• Total profit: $72,113
• Equity at exit: $77,105

Cash invested: $27,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Indiana: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

10-day pay-or-quit; landlord-favorable; preempted.

Methodology + full state rankings →

ZIP-level market 47336

• Home prices YoY: 1.6%
• Active inventory: 32
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $949 medium
• Mortgage (P&I): −$519
• Tax from tax record: −$30 /mo · $366/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$199
• Net cashflow: $159

Break-even live

Break-even rent $748

Max offer price $99,000

Occupancy floor 78%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-02
   statusdays on market $99,000 Pending 5 DOM
2. 2026-06-01
   days on market $99,000 Active 4 DOM
3. 2026-05-31
   days on market $99,000 Active 3 DOM
4. 2026-05-31
   days on market $99,000 Active 2 DOM
5. 2026-05-28
   listed $99,000 Active
6. 2019-06-14
   soldstatus $66,900 305-char remark

   Show marketing remark (305 chars)

   Best buy in Dunkirk! 2 Bedroom, 1 bath home on a cozy . 39 acre lot. Heated and cooled by electric heat pump backed up by an electric furnace. Plenty of space in this 19 x 14 kitchen, all appliances stay. Closets and storage everywhere! Right across the street from Dunkirk City park. See this home today!

7. 2019-04-22
   listed $64,900 305-char remark

   Show marketing remark (305 chars)

   Best buy in Dunkirk! 2 Bedroom, 1 bath home on a cozy . 39 acre lot. Heated and cooled by electric heat pump backed up by an electric furnace. Plenty of space in this 19 x 14 kitchen, all appliances stay. Closets and storage everywhere! Right across the street from Dunkirk City park. See this home today!

8. 2018-10-16
   soldstatus $57,500 533-char remark

   Show marketing remark (533 chars)

   This two-bedroom home in Dunkirk is move in ready. Its motivated to sell owner has taken care of the upkeep and maintenance annually and it features nice sized front and back yards. This would be a perfect option for a first-time home buyer or for a couple looking to downsize but stay in the Dunkirk area. The home would also be a good rental possibility. Located within walking distance to the community center and the Middle School. Storage shed, range/oven, washer, dryer, refrigerator, and water softener all stay with the home.

9. 2018-09-05
   listed $57,900 533-char remark

   Show marketing remark (533 chars)

   This two-bedroom home in Dunkirk is move in ready. Its motivated to sell owner has taken care of the upkeep and maintenance annually and it features nice sized front and back yards. This would be a perfect option for a first-time home buyer or for a couple looking to downsize but stay in the Dunkirk area. The home would also be a good rental possibility. Located within walking distance to the community center and the Middle School. Storage shed, range/oven, washer, dryer, refrigerator, and water softener all stay with the home.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IN · Partial reset (capped growth)

• Current annual tax: $366 · $30/mo
• Projected year-2 tax: $604 · $50/mo
• Expected delta: +$238/yr (+$20/mo · 65.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥99°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,391
• − Mortgage interest: −$5,546
• − Property taxes: −$366
• − Insurance: −$495
• − Repairs & maintenance: −$911
• − Management: −$911
• − Depreciation: −$2,880
• Taxable income: $282
• Est. tax owed @ 24.0%: −$68
• After-tax cash flow: $1,841/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Jay School Corporation
• NCES district ID: 1804980
• Math proficiency: 38% ▼ -13.00%
• Reading proficiency: 37% ▼ -13.00%
• Median HH income: $40,841
• Composite: 31.56/100
• National rank: #5954
• State rank: #175 of 301 in IN

Livability — Dunkirk

• Score: 64/100
• State rank: #404
• US rank: #14764

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment F Housing A+ Health & safety D User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dunkirk, IN
• Population (ZIP): 2,793

Population outlook (Jay County) Hauer SSP2

• Today (2025): 20,586 people
• By 2030: 20,155 · -2.1%
• By 2040: 19,274 · -6.4%
• By 2050: 18,203 · -11.6%
• By 2075: 15,062 · -26.8%
• By 2100: 10,857 · -47.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Italian 4% Slovak 2% Scotch-Irish 1%
• Foreign-born: 0%
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Jay

• 2024 margin: Solid R (+55.2) · D 21.6% · R 76.7% · Other 1.7%
• 2008→2024 swing: -47.3pp toward R · 2008: -7.8pp · 2024: -55.2pp
• All cycles: 2024: R+55.2 2020: R+52.4 2016: R+47.8 2012: R+20.0 2008: R+7.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.64%
• Current HPI: 238.768
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

Industry mix (Fortune 500 HQ in IN)

Industry	F500 HQs	Revenue
▸Industrial Machinery	2	$37B
▸Healthcare	1	$177B
▸Pharmaceuticals	1	$45B
▸Metals / Steel	1	$18B
▸Agriculture	1	$17B
▸Packaging	1	$12B

Price history

+71.0% since first listed

5 events — show timeline

• 2026-05-28 Listed $99,000 IRMLS
• 2019-06-14 Sold (MLS) $66,900 IRMLS
• 2019-04-22 Listed $64,900 IRMLS
• 2018-10-16 Sold (MLS) $57,500 IRMLS
• 2018-09-05 Listed $57,900 IRMLS

Property tax history

-0.5%/yr

Latest (2025): $366 · +0.8% YoY. Source: county tax records.