Country Living with Income Potential in Lowell, Indiana. Nestled on 10 sprawling acres, this 1,320 sq. ft. all-brick 3 bedroom, 1 bath, ranch is the perfect canvas for your rural dreams. Offering the sturdy bones of a classic brick build and the rare advantage of established agricultural land, this property is as much an investment as it is a home. Property Highlights: Income-Generating Land: Approximately 8 acres are currently leased to a local farmer on a handshake agreement, yielding roughly 1,500 per year in passive income. Original Character: Step inside to find gorgeous hardwood floors spanning the dining room, living room, hallway, and all three bedrooms. Classic Layout: A functional 3-bedroom design that maximizes the square footage while offering scenic views. Solid Exterior: The all-brick construction provides a durable, low-maintenance exterior. Covered front porch: The perfect spot to sit back and relax. While the interior reflects a more traditional, dated aesthetic, it presents an incredible opportunity for equity building. With the hardwood floors already in place, a fresh coat of paint and modern fixtures would instantly transform this space. It is the ideal "fixer-upper" for someone who wants to customize their interior finishes without the worry of major structural overhauls. With 10 acres at your disposal, the possibilities are endless. Continue the current farming arrangement, or utilize the space for horses, a massive garden, or outbuildings.
116 days
|
750
|
22
|
Zillow last checked:
Listing updated:
Listed by:
Vasilios Vossos,
BVG Realty, LLC219-680-0077
Source: NIRA as distributed by MLS GRID,MLS#: 836400
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.