505 N Swain Street, Ingalls, IN 46048

$249,900 Asking Price

3 beds
1 bath
Built in 1950

Discover a remarkable opportunity with this exceptional income property, boasting the potential to yield even greater returns. NO HOA. Presenting a quaint 1,640 sf 3-bedroom, 1 bath home located in Madison County on .24 acres. It's accompanied by a two car detached garage featuring a 840sf-2 bedroom suite overhead. This additional dwelling offers the versatility to serve as a steady source of income (which is what it is currently utilized as), a quiet office, in-law quarters or man cave. In addition, there are 4 additional parcels (two on each side) for sale separately. This property offers a rare blend of immediate income potential--don't miss your chance to add this to your real estate portfolio!


Features & Amenities

Interior

General:
Attic Access, Breakfast Bar, Windows Vinyl, Windows Wood
Appliances:
Gas Water Heater, Electric Oven, Gas Oven
Laundry:
Main Level
A/C:
Central Electric
Heating:
Electric, Forced Air, Gas
Fireplace:
Fireplaces: 0

Exterior

General:
Carriage/Guest House
Style:
Ranch, TraditonalAmerican
Parking:
Detached, Concrete

Construction

General:
One, Crawl Space, Slab

Location

Originating MLS:
mibor
School District:
South Madison Com Sch Corp
County:
Madison

Lot

Zoning:
Op 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:, 481536300154000015

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
RE/MAX Realty Services, Chris Schulhof

About Ingalls, IN

Housing

Number of Units
303
Median Home Value
$100,703
Median Rent
$708

17.17% of housing units are renter occupied.

5.24% are vacant.

Commute

Car
76.16%
Public Transportation
0.00%
Walk to Work
0.60%
Work from Home
23.23%
Other
0.00%

The median travel time to work is 21 minutes.

People

Population
765
Median Age
35.50
Median Household Size
2.64

Education

High School
34.52%
Associate’s Degree
16.17%
Bachelor’s Degree
6.72%
Graduate Degree
6.50%

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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