Great Investment Opportunity On Home In Lake Community

Description

In a highly active real estate market, great buying opportunities for home investors or house flippers are hard to come by, but this may be the deal you have been looking for. You could gain instant equity by doing some home renovations and repair work on this home. PLEASE NOTE: This property needs work! A recent appraisal valued this property over the asking price! Offered for sale is a 3-bedroom, 2 bath ranch-style home in a very desirable lake community. Built on the front of 5 smaller lots, it has a big backyard, a garden, a two-plus car garage and a large, open front shed which could be a good place to store your boat, jet skis or RV. This home is priced much lower than many other homes in this area because the seller is looking for a quick and easy sale. This property needs work, but nothing a contractor, investor, or handy home buyer couldn’t handle. The seller left unfinished projects on this home and has no plans to finish them as part of this sale. The location of this home is just a short walk or golf cart ride to the shores of Lake Freeman/Tippecanoe River and near lake access, a boat launch, beaches, and many local attractions, so this could make a great summer home, a weekend getaway place or for full time living. Downtown Monticello is just minutes away, making it very convenient if you need to run into town for shopping or load up on supplies, food or drinks for the boat, barbeque, or weekend party. Monticello is a summer tourist destination in north-central Indiana and is home to the Indiana Beach amusement park on Lake Shafer and Lake Freeman. Still, it also has a friendly, small-town feel and many year-round residents. Although recreational options are geared primarily towards summer activities, the lakes are used throughout the year for fishing. Golfing and boating are available as three-season sports. Additionally, Monticello has areas for cross country skiing, snowmobiling and ice skating in the winter, and other outdoor recreational and hunting opportunities in the area.

Property Details

  • A 1728 +/- square foot ranch style home with a 2-1/2 car garage, shed and large back yard
  • Home is in a desirable lake community location and priced below market value because it needs some remodeling projects completed and finishing touches
  • A few miles south of Monticello, IN and approx. ¼ mile west of Highway 421
  • Could be used as a full time or summer home, a weekend retreat or as a rental or investment property

11914 W. Winsor Road, LOT#WP001
Monticello , Indiana 47960
Two hunters shaking hands outside

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