707 S Oakwood Drive, Cromwell, IN 46732

$110,000 Asking Price

2 beds
1 bath
897  sqft
Built in 2004

Discover the potential of this charming 2-bedroom, 1-bath home nestled on the serene shores of Knapp Lake. Originally built in 1935, this home underwent a significant transformation in 2004, with 95% of it being rebuilt and much of the foundation replaced. The property was also raised to meet flood plain elevation requirements, ensuring peace of mind for years to come. Enjoy direct access to Knapp Lake, an 86-acre fishing lake, perfect for outdoor enthusiasts. You’ll also benefit from access to several nearby lakes, expanding your recreational opportunities. While the home requires some TLC, it presents a fantastic investment opportunity for anyone looking to create their dream lake retreat at a low cost. New metal roof and fiber cement siding on the home. Embrace the chance to personalize this property and make it your own!

Features & Amenities

Interior

Basement:
Crawl
A/C:
Central Air,Heat Pump
Heating:
Electric,Heat Pump

Exterior

General:
Fiber Cement

Construction

General:
One and Half Story, Crawl

Location

HOA Amenities:
Not Applicable
School District:
West Noble Schools

Lot

Zoning:
Oak Cliff Park, lot 48. |, 57-18-04-300-152.000-018

Utilities

Water:
Well

This listing courtesy of:
Limitless Group, Kaylin Krontz

About Cromwell, IN

Housing

Number of Units
1,111
Median Home Value
$111,783
Median Rent
$612

21.68% of housing units are renter occupied.

19.94% are vacant.

Commute

Car
86.38%
Public Transportation
0.00%
Walk to Work
1.35%
Work from Home
10.99%
Other
0.51%

The median travel time to work is 20 minutes.

People

Population
2,325
Median Age
44.70
Median Household Size
2.87

Education

High School
35.49%
Associate’s Degree
7.80%
Bachelor’s Degree
9.38%
Graduate Degree
3.79%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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