Solid value-add opportunity on a large .73-acre lot with nearly 1,900 sq ft of living space and strong comparable activity in the surrounding area 
This 1932-built single-family home features 3 bedrooms, 1.5 baths, and 1,896 sq ft, offering plenty of space for a flip or long-term rental strategy.
Homes nearby have sold from $160K (as-is) up to $260K+, supporting the upside potential in this market.
 Property Features:
- Unfinished basement foundation
- Nearly 1,900 sq ft of living space
- .73-acre lot offering strong land value and outdoor appeal
Utilities:
- Electric — American Electric
- Gas — Vectren
- Water — Well
- Sewer — Septic (cleaned approx. 4 years ago)
Located in the Lapel school district, which continues to attract buyers looking for space and strong school access outside of the city.
With strong square footage, a large lot, and solid area sales activity, this property presents a compelling value-add opportunity for investors looking to capture equity through light updates and cosmetic improvements  
Recent Neighborhood Comps-
4360 N 500 W – Sold for $160K as-is, cash, 12 DOM.
4755 W Lincoln Rd – Sold for $180K, 1 DOM, 2 bed / 1 bath, 880 sq ft.
679 Barker Dr – Sold for $264K, 2 DOM, 3 bed / 2 bath, 1,485 sq ft.
5951 W State Road 32 – Sold for $340K, 4 DOM, 3 bed / 2 bath, 1,590 sq ft. |
