8876 N 500 W Pending

Lake Village,IN 46349

$ 215000

4 Beds

2 Baths

2360 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,360 sqft

Price per Sqft $91

Subdivision Loose Parcel

MLS Listing ID 22061301

Bedrooms 4

Full Baths 2

Year Built 2003

Tax Year 2024

Lot Size 1.820 Acres

Property Sub-Type Single Family Residence

Property Description

An Investor's Dream in Lake Village, IN - This single-family residence at 8876 N 500 W, Lake Village, IN, is an exceptional investment opportunity. With its potential for immediate value appreciation and a flexible layout, this property is perfect for both savvy investors and homeowners looking to build equity. The home's generous 2,360 square feet of living space provides a comfortable and adaptable layout. The main level boasts a kitchen, 3 bedrooms and a bathroom. The bath is jack & Jill between the primary bedroom & upper hall. What truly sets this property apart is the unfinished lower level. This expansive space is a blank canvas, with rough-ins already in place for a bedroom, a family room, and a full bathroom. This allows for a straightforward expansion of the living area, which will significantly increase the home's square footage and overall value. Finishing this space offers a clear path to a high return on investment. Situated on a massive 79,149-square-foot lot, the property features a deck for entertaining and a shed for additional storage. Its peaceful, rural setting provides a quiet escape while still being a short drive from local amenities. This property isn't just a home; it's a strategic investment with a clear and actionable path to profitability. The opportunity to add significant value by completing the lower level makes it a smart choice for anyone looking to grow their portfolio. Call Broker Bay for showings.

Location

State IN

County Newton

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Exterior

Exterior Feature Balcony,Barn Mini,Storage Shed

Garage Spaces 2.0

View Y/N true

View Rural

Building

Story Multi/Split

Foundation Block,Concrete Perimeter

Water Private

Structure Type Vinyl Siding

New Construction false

New Construction false

Schools

Elementary Schools Lake Village Elementary School

High Schools North Newton Jr-Sr High School

School District North Newton School Corp

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