REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mark Keene

mhkeene60@gmail.com +1(219) 292-3704

$ 464,500

Est. payment | -/mo

3 Beds

1 Bath

1,320 SqFt

Save Virtual Tour

$ 464,500

Est. payment | -/mo

Save Virtual Tour

3 Beds

1 Bath

1,320 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,320 sqft

Price per Sqft $351

MLS Listing ID 836400

Bedrooms 3

Full Baths 1

Year Built 1967

Annual Tax Amount $1,900

Tax Year 2024

Lot Size 10.000 Acres

Property Sub-Type Single Family Residence

Property Description

Country Living with Income Potential in Lowell, Indiana. Nestled on 10 sprawling acres, this 1,320 sq. ft. all-brick 3 bedroom, 1 bath, ranch is the perfect canvas for your rural dreams. Offering the sturdy bones of a classic brick build and the rare advantage of established agricultural land, this property is as much an investment as it is a home. Property Highlights: Income-Generating Land: Approximately 8 acres are currently leased to a local farmer on a handshake agreement, yielding roughly 1,500 per year in passive income. Original Character: Step inside to find gorgeous hardwood floors spanning the dining room, living room, hallway, and all three bedrooms. Classic Layout: A functional 3-bedroom design that maximizes the square footage while offering scenic views. Solid Exterior: The all-brick construction provides a durable, low-maintenance exterior. Covered front porch: The perfect spot to sit back and relax. While the interior reflects a more traditional, dated aesthetic, it presents an incredible opportunity for equity building. With the hardwood floors already in place, a fresh coat of paint and modern fixtures would instantly transform this space. It is the ideal "fixer-upper" for someone who wants to customize their interior finishes without the worry of major structural overhauls. With 10 acres at your disposal, the possibilities are endless. Continue the current farming arrangement, or utilize the space for horses, a massive garden, or outbuildings.

Location

State IN

County Lake

Rooms

Basement Full, Unfinished, Sump Pump

Interior

Interior Features Ceiling Fan(s), His and Hers Closets

Heating Central, Natural Gas, Forced Air

Cooling Central Air, Ceiling Fan(s)

Flooring Hardwood, Vinyl

Fireplace No

Appliance Dryer, Water Softener Owned, Washer, Refrigerator, Gas Water Heater, Gas Range

Exterior

Exterior Feature Private Yard, Rain Gutters

Parking Features Attached, Garage Faces Front, Driveway, Asphalt, Additional Parking, Off Street, Garage Door Opener

Garage Spaces 2.5

Utilities Available Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected

Roof Type Asphalt,Shingle

Building

Lot Description Back Yard, Horses Allowed, Rectangular Lot, Front Yard, Few Trees

Structure Type Brick

Schools

High Schools Lowell Senior High School

Others

Acceptable Financing Cash, VA Loan, USDA Loan, FHA, Conventional

Listing Terms Cash, VA Loan, USDA Loan, FHA, Conventional

Virtual Tour https://www.homes.com/customer/dashboard/listings/?t=3&s=15&dk=xh8v5tfj6xmtt

Listed by BVG Realty, LLC

Nearby Locations

GET MORE INFORMATION

Mark Keene

Managing Broker License ID: RB18001895

mhkeene60@gmail.com

+1(219) 292-3704

3709 Broadway #2, Gary, IN 46409

11408 W 157th Avenue Lowell, IN 46356

Mark Keene

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

11408 W 157th Avenue