Address
505 N Swain Street, Ingalls, IN
Price
$ 295,000
Property Attributes
  • MLS#21949463
  • TypeSingle Family
  • CountyMADISON
  • CityIngalls
  • AreaGreene
  • Zip46048
  • StyleTraditonalAmerican
  • Year Built1950
  • Taxes$ 4984
  • Price$ 295,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2464
  • Lot Size0.7 Acres
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

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.

Price History
11/17/2023 Listed $325,000
1/30/2024 10% - $295,000

General Features

Interior Features Attic Access,Breakfast Bar,Windows Vinyl,Windows Wood
Heating Electric,Forced Air,Gas
Cooling Central Electric
Possession Closing
Appliances Gas Water Heater,Electric Oven,Gas Oven
Exterior Features Balcony,Carriage/Guest House
Architectural Style TraditonalAmerican
Construction Materials Aluminum Siding,Vinyl Siding
Year Built 1950
Township Greene
Levels Two
Property SubType Single Family Residence
Tax Year 2022
County Madison
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name No Subdivision
Garage Y/N No
Total Rooms 6
Status Active
Directions Use GPS
ModificationTimestamp 2024-05-14T16:18:06.469Z
City Ingalls
Buyer Agent Compensation 3
High School District South Madison Com Sch Corp
MLS Area 4815 - Madison - Greene
Lot Size Square Feet 5201
Street Name Swain
Property Attached Y/N No
Current Financing Cash Only,Conventional
Additional Parcels Y/N Yes
Days on Market 180
Standard Status Active
Tax Lot 763,764,765,766,767,768
Buyer Agent Compensation Type %
Legal Description Op 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:

Interior Features

Basement (Y/N) No
Full Baths 1
Street Suffix Street
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Lot Features Irregular Lot
Water Source Municipal/City
Foundation Details Slab
Building Area Total 2464
Lot Size Acres 0.7
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46048

Price
AVG $320K
$300K
Taxes
AVG $2,516
$4,984
Visits
AVG 185
356
Data Provided by Inside Real Estate®
Year Built
AVG 1967
1950

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