Exceptional 4-acre investment opportunity featuring four well-maintained buildings with incredible versatility and income potential. Three of the buildings share a cohesive exterior design while offering distinct interior layouts and functionality. One structure, previously used as a homestead, was originally built as two separate units and has been modified to include… Read More a central sitting area while still maintaining a kitchen, bathroom, and living space on each side, making it ideal for multi-generational living or conversion back to a duplex configuration. The second building remains configured as two separate one-bedroom, one-bathroom units, each with private entrances and individual living spaces, providing immediate rental potential. The third building has been converted to include a full kitchen, two bathrooms, and a communal laundry area at the rear, offering flexibility for shared housing, commercial use, or service-oriented operations. The fourth building was constructed and utilized as a church and features two restrooms with two stalls in each, with pew seating included in the sale, presenting an excellent opportunity for continued community use, retail conversion, event space, or redevelopment. A major capital improvement includes new metal roofs installed on all buildings, adding long-term durability and value. With ample acreage and multiple structures, this property is well suited for multi-unit rental development, mixed-use concepts, a much-needed neighborhood convenience store, or a customized vision aligned with your real estate investment goals. Shed not included in sale. Read Less
Courtesy of Chelsea Kieffner, CK Realty Homes, Cell: 812-322-5818
Listing Snapshot
Days Online
60
Property Type
Single Family Residence
Beds
4
Full Baths
6
Square Ft.
1,296
Lot Size
4 Acres
Year Built
1945
MLS Number
202604456
30 Days Snapshot Of 47446
$282k
+54%
(avg) sold price
4
-55%
homes sold
62
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Slab
Building
Above Grade Finished SqFt: 1,296, Age: 81, Style: One Story, Total Finished SqFt: 1,296, Total SqFt: 1,296, Built in 1945
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