Address
11496 N Spring Lake Drive, Mooresville, IN
Price
$ 300,000
Property Attributes
- MLS#21915295
- TypePending
- CountyMORGAN
- CityMooresville
- AreaMadison
- NeighborhoodSpring Lake
- Zip46158
- StyleModular
- Year Built1960
- Taxes$ 2676
- Price$ 300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7 Acres
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description
Great opportunity to own 4-6 rentals on one property, or own 7 secluded acres for your dream home, in the historic Spring Lake community. Currently, there are 3 dwellings producing rent income, a fourth in need of some remodel finishing, and permitting for up to 6 dwellings. More than half of the 7 acres is pasture. Offering includes garage, common water supply, individual septic systems. Gated community for your privacy. Desirable Mooresville Schools. Tenants in two of the units would like to stay. See attachments for more info.
| Elementary School | Middle School | High School |
|---|---|---|
| North Madison Elementary School | Paul Hadley Middle School | Mooresville High School |
| Price History | |
|---|---|
| 4/13/2023 | Listed $425,000 |
| 4/25/2023 | 6% - $400,000 |
| 5/13/2023 | 13% - $350,000 |
| 5/24/2023 | 15% - $300,000 |
General Features
| Architectural Style | Modular |
|---|---|
| City | Mooresville |
| County | Morgan |
| Current Financing | Conventional |
| Current Use | Multi-Family |
| Days on Market | 58 |
| Directions | From SR-37, go E on SR-44. Turn right (N) on Mann. Turn left on Spring Lake Rd. Turn right into Spring Lake on Ruth Dr. Turn right, then follow over damn & veer right to stay on Ruth. Follow to gate, us |
| Disclosures | Not Applicable |
| Levels | One |
| New Construction | No |
| Ownerpays | Water |
| Possession | Other |
| Property Attached Y/N | No |
| Property SubType | Fourplex |
| Property Type | Residential Income |
| Standard Status | Pending |
| Status | Pending |
| Street Name | Spring Lake |
| Structure Type | FreeStand |
| Subdivision Name | Spring Lake |
| Tax Year | 2022 |
| Tenant Pays | Electricity, Gas |
| Total Units | 4 |
| Township | Madison |
| Year Built | 1960 |
| Zoning | Res/Agri |
Interior Features
| Street Suffix | Drive |
|---|
Exterior Features
| Lot Size Acres | 7 |
|---|---|
| Road Surface Type | Gravel |
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 Pending Average in 46158
Price
Taxes
Visits
Year Built
MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Weichert, Realtors® - Len Wilson & Associates - Lafayette may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2023 All rights reserved.
Last Updated: September 26, 2023 5:31 PM UTC
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on September 26, 2023 5:28 PM UTC
