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Key Details
Sold Price $215,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,360 sqft
Price per Sqft $91
Subdivision Loose Parcel
MLS Listing ID 22061301
Sold Date 10/29/25
Bedrooms 4
Full Baths 2
Year Built 2003
Tax Year 2024
Lot Size 1.820 Acres
Acres 1.82
Property Sub-Type Single Family Residence
Property Description
An Investor's Dream in Lake Village, IN - This single-family residence at 8876 N 500 W, Lake Village, IN, is an exceptional investment opportunity. With its potential for immediate value appreciation and a flexible layout, this property is perfect for both savvy investors and homeowners looking to build equity. The home's generous 2,360 square feet of living space provides a comfortable and adaptable layout. The main level boasts a kitchen, 3 bedrooms and a bathroom. The bath is jack & Jill between the primary bedroom & upper hall. What truly sets this property apart is the unfinished lower level. This expansive space is a blank canvas, with rough-ins already in place for a bedroom, a family room, and a full bathroom. This allows for a straightforward expansion of the living area, which will significantly increase the home's square footage and overall value. Finishing this space offers a clear path to a high return on investment. Situated on a massive 79,149-square-foot lot, the property features a deck for entertaining and a shed for additional storage. Its peaceful, rural setting provides a quiet escape while still being a short drive from local amenities. This property isn't just a home; it's a strategic investment with a clear and actionable path to profitability. The opportunity to add significant value by completing the lower level makes it a smart choice for anyone looking to grow their portfolio. Call Broker Bay for showings.
Location
State IN
County Newton
Rooms
Main Level Bedrooms 1
Interior
Interior Features Attic Access
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace Y
Appliance None, Water Heater, Refrigerator, Washer, Dryer, Dishwasher, Range Hood
Exterior
Exterior Feature Balcony, Barn Mini, Storage Shed
Garage Spaces 2.0
View Y/N true
View Rural
Building
Story Multi/Split
Foundation Block, Concrete Perimeter
Water Private
Architectural Style Split Level
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Lake Village Elementary School
High Schools North Newton Jr-Sr High School
School District North Newton School Corp
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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