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🏠 Large Lot Investment Deal in Alexandria 🚀 – 220 E State Rd 28, Alexandria, IN 46001 Pending

  • $95,000
  • 3 beds
  • 2 baths
  • 1152 sqft
This manufactured home sits on a large .94-acre lot, offering space, privacy, and strong upside potential for the right investor 💰

With 1,152 sq ft3 bedrooms, 2 full baths, and a 2-car detached garage, this 1989 build presents a manageable rehab opportunity with room to force appreciation.

🔧 Mechanicals:

  • Water Heater — 5 years old 🚿
  • Windows — 10 years old 🪟
  • Crawl space foundation

💧 Utilities:

  • Electric — Indiana Michigan
  • Gas — CenterPoint
  • Water — Well
  • Sewer — Septic🌳 Nearly 1 full acre offers expansion potential, outdoor upgrades, added storage, or long-term land value appeal
    🚗 2-car detached garage adds rental and resale strength

This is a solid value-add opportunity for investors comfortable with light-to-moderate rehab and mechanical updates — with acreage being the major upside driver 🔑💸

Recent Neighborhood Comps-
1002 N Harrison
 – ACTIVE 229k (3 Bed, 2 Bath,1,340 SF)
12249 N 300 E – SOLD AS IS 137k (3 Bed,1.5 Bath, 1,404 SF)

Please do not disturb the occupants. Contact us for showing details.All of our properties are sold “AS IS, WHERE IS” and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.

Realtors, we love working with you, please add your fee on top of our price.

Price:
$95,000
Address:
220 E State Rd 28
Alexandria, Indiana 46001
Square Feet:
1152
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1989

Call 317.653.6245 for more details

Property Location