8247 Patton Drive, Lawrence, IN 46226

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
8247 Patton Drive,Lawrence, IN 46226
$164,900
  • 3 Beds
  • 1 Baths
  • 792 sq. ft.
  • Single family
  • Active
Listed by: frankie hernandez
Office: @properties
MLS#:22104244
Source:IN_MIBOR

Price summary

  • Price:$164,900
  • Price per sq. ft.:$208.21

About this home

Turnkey investment opportunity in Lawrence Township that checks the boxes for a buy-and-hold investor. This clean 3 bed, 1 bath rental is move-in ready with major mechanical updates already handled, including a roof just 4 years old plus HVAC and water heater only 2 years old. Fresh paint, new flooring, and carpet make for a low-maintenance start, while the exterior offers room for cosmetic improvements to create additional upside. Located in a strong rental pocket with proven performance, previously self-managed and rented at $1,500/month with no current lease in place, giving the next owner flexibility from day one. Opportunities with this kind of condition and built-in upside don't last long.

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Home facts

  • Year built:1954
  • Listing ID #:22104244
  • Added:1 day(s) ago
  • Updated:May 26, 2026 at 10:38 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Living area:792 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1954
  • Building area:792 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Ranch
  • Construction Materials:Cement Siding, Stone
  • Foundation Description:Slab

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$164,900
  • Price per sq. ft.:$208.21

Features and amenities

  • Appliances:Washer, Water Heater
  • Laundry features:Dryer, Washer
  • Amenities:Wood Work Painted
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