11496 N Spring Lake Drive, Mooresville, IN 46158
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: vince fergusonoffers@markdietel.com
Office: mark dietel realty, llc.
MLS#:202549168
Source:Indiana Regional MLS
Price summary
- Price:$1
- Price per sq. ft.:$0
About this home
Outstanding cash-flow opportunity to be sold at auction on February 19, 2026. This 7-acre property includes four homes, two of which are currently rented, and the county has approved permits for two additional dwellings—offering substantial upside potential. While the remaining two homes offer immediate value-add potential and could generate an additional $2,700 per month with an estimated $203–$30K investment. This property is adjacent to Listing 6877 E Tiny Tot Lane, offering a unique opportunity to purchase one or both properties together. Ideal for investors seeking strong returns and scalable income, this rare offering combines acreage, multiple dwellings, and significant upside, making it a compelling opportunity to secure a high-performing asset with exceptional future cash flow. This unique property requires commercial financing or cash only. Pre-Register here for the land auction.
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Home facts
- Year built:1960
- Listing ID #:202549168
- Added:57 day(s) ago
- Updated:February 10, 2026 at 04:34 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Year built:1960
- Building area:1,000 sq. ft.
- Lot area:7 Acres
Schools
- High school:Mooresville
- Middle school:Paul Hadley
- Elementary school:Newby Memorial
Utilities
- Water:Well
- Sewer:Septic
Finances and disclosures
- Price:$1
- Price per sq. ft.:$0
- Tax amount:$2,990
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