RIDDLES BEND is the place to be! This lot is across the street from NEELY HENRY LAKE! Five beautiful homes have been built in this neighborhood (Indian Lake Estates) in the past four years. If you want to protect and grow your investment, you build here. Home building in other local areas is a real risk – your new house may not appraise for what you'll spend to build it. You must have the right LOCATION, LOCATION, LOCATION! This lot is NOT in a flood plain! Also, it is well drained by the ditch along the back property line. This lot has an excellent septic system drain field location. It previously passed the peculation test for an onsite sewage disposal system, but would now have to be retested. NO HOA! Within limits of Rainbow City. Zoning is R-1 SFR. Deed restriction allows only "stick-built" construction. Full list of neighborhood covenants available upon request. Priced to sell quickly! Four contiguous lots are available along Indian Lake Drive (see pic). Pricing discounts for the following lot combinations: Lot 1 (#235) and Lot 2 (#245): $24,000 Lot 3 (#255) and Lot 4 (#275): $24,000 All four lots: $44,000 5% buyers' agent commission! Applies to lot combinations as well.
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.
