4283 W 500 S, Albion, IN 46701

Albion
Local realty services provided by:Better Homes and Gardens Real Estate Connections
4283 W 500 S,Albion, IN 46701
$200,000
  • 2 Beds
  • 1 Baths
  • 920 sq. ft.
  • Multi-family
  • Active
Listed by: vincent crump, vincent crumpCell: 260-318-4990
Office: north eastern group realty
MLS#:202612884
Source:Indiana Regional MLS

Price summary

  • Price:$200,000
  • Price per sq. ft.:$217.39

About this home

Prime opportunity on sought-after Big Lake with 50 feet of water frontage. Notorious for the best fishing around, this 920 sq ft home sits directly on the water in a great setting where opportunities like this don’t come around often. The structure offers solid bones and a newer roof (within the last couple of years), giving you a strong starting point. Interior will require renovation due to prior damage from burst water pipes during winter a couple of years ago—please refer to photos for current condition. Whether you’re an investor, flipper, or buyer looking to create your own lake getaway, this property is full of potential. With the right vision and updates, this could be transformed into a standout lake property in a highly desirable location. Rare chance to build equity and make Big Lake your own.

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Home facts

  • Year built:1950
  • Listing ID #:202612884
  • Added:10 day(s) ago
  • Updated:April 24, 2026 at 02:54 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement Description:Crawl
  • Living area:920 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Rubber
  • Year built:1950
  • Building area:920 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:One Story, Traditional
  • Construction Materials:Vinyl
  • Levels:1 Story

Schools

  • High school:Central Noble Jr/Sr
  • Middle school:Central Noble Jr/Sr
  • Elementary school:Central Noble

Utilities

  • Water:Well
  • Sewer:Regional

Finances and disclosures

  • Price:$200,000
  • Price per sq. ft.:$217.39

Features and amenities

  • Amenities:Ceiling Fan

Parking

  • Parking description:Gravel Driveway, Off Street Parking
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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