8247 Patton Drive, Lawrence, IN 46226
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
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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