505 Swain Street

505 Swain StreetIngalls, IN 46048


Active
$325,000 $30K
$295,000
Asking Price
3
Bd
1
Ba
2,464
Sqft
0.7
Ac Lot

505 Swain Street Ingalls, IN 46048


Single Family Property Type
215 daysTime on Dwellane
$132Price per sqft
1950Year Built

Discover a remarkable opportunity with this exceptional income property, boasting the potential to yield even greater returns. Presenting a charming 3-bedroom, 1-bath home accompanied by a detached garage featuring an expansive 840 sqft +/- 2-bedroom apartment overhead. This bonus dwelling offers the versatility to serve as a steady source of rental income, a cozy space for in-laws, a private man cave, or a quiet home office. Enviably positioned on a collective .71 acres spread across six individual parcels. The included parcels hold the promise of constructing two additional residences, amplifying both the value and capabilities of your investment. All lots offer access to water and sewer services, ensuring a smooth and cost-effective development process. Parcels included are: 48-15-36-300-152.00-015,48-15-36-300-153.00-015, 48-15-36-300-154.00-015, 48-15-36-300-155.00-015, 48-15-36-300-156.00-015, 48-15-36-300-157.00-015. Reference BLC # 21949478 for additional details. This property offers a rare blend of immediate income potential and exciting development prospects. Don't miss your chance to own and shape this versatile piece of real estate into your vision of thriving success.

Year Built

1950

City

Ingalls

Type

Single Family Residence

Neighborhood

County

Madison

Levels

Two

Full Bathrooms

1

Half Bathrooms

0

Garage Capacity

-1

Living Area

2,464

Price per sqft

$131.90

Lot Size

0.7 ac / 5,201 sqft

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Listing Agent

Chris Schulhof
317-842-4747

Listing Provider

RE/MAX Realty Services

MLS #

21949463

Source

MIBOR as distributed by MLS GRID

Last Modified

Tue May 14 2024

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