Discover the incredible potential of this one-of-a-kind opportunity situated on approximately 3.73 scenic acres just 3 minutes from Cataract Marina and only moments from Cataract Falls, Lieber State Recreation Area, and I-70. Whether you're an investor looking for your next profitable project or a homeowner ready to build instant sweat… Read More equity, this property is packed with possibilities. Offering over 4,300 square feet, 5 bedrooms, 5 bathrooms, and an attached 3-car garage, the spacious layout provides an outstanding foundation for your vision. The home is being sold as-is and is ready for renovation, making it an excellent candidate for a rehab loan or experienced buyer looking to customize a property while building equity. The standout feature is the fully separate apartment complete with its own private entrance, garage, kitchen, living area, bedroom, bathroom, and laundry-creating an exceptional opportunity for multigenerational living, guest accommodations, long-term rental income, Airbnb potential, or a private home office. The ability to generate additional income while renovating or living on-site makes this property truly unique. Enjoy the peaceful setting with room to roam, entertain, garden, or simply relax while remaining just minutes from boating, fishing, kayaking, hiking, and some of Indiana's most beautiful outdoor recreation. With Cataract Marina only a short 3-minute drive away, weekend adventures are practically at your doorstep. (Realtor) Properties offering this much square footage, acreage, income-producing potential, and recreational access rarely become available at this price point. Whether you're planning to renovate and resell, build your investment portfolio, or create your dream country home with built-in rental income, this is an opportunity you won't want to miss. Bring your ideas, your contractor, and your imagination-this property's next chapter is waiting to be written! Read Less
Courtesy of Highgarden Real Estate.
Listing Snapshot
Days Online
60
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
3
Partial Baths
2
Square Ft.
4,309
Lot Size
3.73 Acres
Year Built
1999
MLS Number
22116485
Additional Details
Appliances & Equipment
Electric Cooktop, Dishwasher, Down Draft, Electric Water Heater, Microwave, Oven, Electric Oven, Water Heater, Range Hood, Other equipment: Satellite Dish
Building
Built in 1999, Living area: 4309, Levels: Two, One and One Half, Construction Materials: Vinyl Siding
Cooling
Central Air
Exterior Features
Storage Shed
Foundation
Crawl Space
Garage
3 spaces
Heating
Electric, Natural Gas, Baseboard
Interior Features
Attic Access, Breakfast Bar, Eat-in Kitchen, Walk-In Closet(s)
Laundry
Laundry Room
Lot
3.73 acres
Parking
Attached, Detached
Property
Trees/Woods
Security Features
Fire Sprinkler System, Smoke Detector(s)
Taxes
Parcel Number: 671605400030001002, Legal Description: Dumas-Bedwell Sub (3.73A), Year: 2025
Utilities
Water Source: Public, 200+ Amp Service, Circuit Breakers
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