Key facts
- Beds
- 3
- Baths
- 1 full · 1 half
- Living area
- 1,320 sqft
- Lot
- 3.13 acres
- Year built
- 1970
- Type
- Residential · Single Family Residence
- Stories
- One
- Garage
- 3 spaces
- MLS #
- 22108354
- County
- Shelby
- Subdivision
- No Subdivision
About this home
Reduced!!! Looking for a Flipper or a Great Fix Up & Live In, now you got it! Unique opportunity for a wooded country lot & over 3 acres & a partially rehabbed home waiting to be finished. Features 3 Bedrooms, 1.5 Baths (could be 2 full), Large Living Room, Kitchen with Dining Area. Large Enclosed Front Porch. Home has Pex plumbing & about Half of the home has Updated Thermal Windows. Nice Oversized Garage with 728 sqft. Home needs updates to flooring (has hardwoods, but hey may need to be replaced), baths, drywall, electrical fixtures & more, but a Solid Project Home with Great Potential! St Rd 150 was just repaved & looks nice & the area is outstanding. Fully wooded in back. Home was occupied just months back & Well Water System & Septic were functioning without issue at that time per the estate representative. Home was in the middle of rehab when owner passed. **This is not a project for a novice investor, it will take a minimum of $40,000 to be functionally livable & likely more than $50,000-$70,000 for resale ready, but of course, people with builder trade skills may be able to save in certain areas.** SOLD STRICTLY "AS IS", CASH ONLY or CASH EQUIVELENT. INSPECTIONS FOR INFORMATIONAL PURPOSES ONLY. SO DO NOT MAKE OFFER UNTIL YOU ARE SATISFIED WITH CONDITION AS VIEWED & AS IS. DO NOT PULL YOUR CAR ONTO PREMISES OR WALK AROUND PREMISES WITHOUT BEING ACCOMPANIED WITH AN AUTHORIZED BUYER AGENT! THAT WILL BE CONSIDERED TRESSPASSING. ENOUGH PICTURES ARE INCLUDED FOR GETTING AN IDEA OF THE HOME'S GENERAL CONDITION. Square Footage on BLC Includes Enclosed Front Porch. "No Site Unseen Offers or Out of State Buyers without a local Personal Representative viewing the home prior to making an offer." Prelim Title Work with Chicago Title New Palestine Office. Site value $85K, plus the cost to present level on site would be over $225k if building from scratch. Framed home w/Electric, Plumbed, Roofed, Well, Septic, Windows & other. Just needs a finisher.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Other rooms and areas
- Flooring
- Laundry
- Windows
- Rooms
- 7
- Main-level bedrooms
- 3
- Condition
Exterior
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
Systems
- Heating
- Cooling
- Water
- Utilities
Lot and HOA
- Lot features
Schools
- School district
- Shelby Eastern Schools
Taxes
- Estimated annual tax
- $2,570 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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