Veterans United Realty
2 Photos

505 N Swain Street, Ingalls, IN 46048

$295,000 Asking Price

3 beds
1 bath
2,464  sqft
Built in 1950

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.


Listing Status:
Active
Date Added:
November 17, 2023 — 201 days ago
Listing Office:
RE/MAX Realty Services, Chris Schulhof (317-842-4747)
Office Phone:
chris@indyplace.com
MLS ID:
21949463

Features & Amenities

Interior

General:
Attic Access, Breakfast Bar, Windows Vinyl, Windows Wood
Appliances:
Gas Water Heater, Electric Oven, Gas Oven
A/C:
Central Electric
Heating:
Electric, Forced Air, Gas

Exterior

General:
Balcony, Carriage/Guest House
Style:
TraditonalAmerican

Construction

General:
Two, 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:, 481536300152000015

Utilities

Water:
Municipal/City

Financial

Source:
mibor
Buyers Agent Compensation:
3 %

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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