Do you want to invest in dirt or brick & mortar? Dirt appreciates and bricks & mortar depreciate! Do you want a hilltop main body 2 mile panoramic lake view? OR.. do you want a cute pile of bricks at the shallow end of a cove, staring at the backs of 10 other homes and 5% slice of a view of the lake a football field away? MOTIVATED SELLER! Got Cash? SHOW ME THE MONEY For a Great Deal! ***First lot sold and home built on Geist reservoir in 1981. Built by Fred Wurster who built parking garages for a living. This is a .6 acre hilltop lot with a panoramic 2 mile lake view and the deepest water on Geist. 145ft of seawall with boat dock/lift. The structure is 55ft wide by 60ft long by 11ft high, clear span engineered concrete (SpanDeck). It's a parking garage with a house in it and a barn on it!!!!!!!! There are 2 driveways and 2 separate entries. The 2 levels are separated by 12 inches of concrete and 24 inches of insulation. The side walls are 8 inch poured concrete. The floors are hardwood and stone on slab. There are several heat sources. 1) Conventional HVAC system. 2) Gas Fired Boiler Radiant system. 3) Wood Burning Stove that will heat the whole house. 4) Large Wood Burning Fireplace with 3 powered vents in 2 rooms. 5) Windows, 40 plus south facing windows and an enormous amount of thermal mass to retain heat and also keep the home cool in summer. Heated drive to the lower level 600sf garage & 3500sf of living space, 3br, 2ba, a 400sf patio that you can't see your neighbors from and an amazing lake view. Separate drive and entry to a street level 2900sf garage/shop and studio. Very deceiving from the street. $450 annual HOA & $2300 per half Taxes Geist Reservoir is a 3sq mile Recreational Lake owned and maintained by the Indianapolis Water Company. The 145ft seawall & 55x60x11 engineered concrete clear span "SpanDeck" parking garage structure & existing home are free. The value's in the .6 acre lot. .. Here's a link to my VRBO Video Tour of lower level (5x10 pantry, 5x6 hall closet and stairs to 2900sf upper level not shown in video): https://www.youtube.com/watch?v=iufSGKxm0-Q
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
