11408 W 157th AVE, Lowell, IN 46356
11408 W 157th AVE, Lowell, IN 46356
11408 W 157th AVE, Lowell, IN 46356
25
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$479,500
Est. payment /mo
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3 Beds
1 Bath
1,320 SqFt
Price Dropped by $20K

11408 W 157th AVE Lowell, IN 46356

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,320 sqft

Price per Sqft $363

MLS Listing ID 836400

Bedrooms 3

Full Baths 1

Year Built 1967

Annual Tax Amount $1,900

Tax Year 2024

Lot Size 10.000 Acres

Acres 10.0

Property Sub-Type Single Family Residence

Property Description

Country Living with Income Potential in Lowell, Indiana. Nestled on 10 sprawling acres, this 1,320 sq. ft. all-brick 3 bedroom, 1 bath, ranch is the perfect canvas for your rural dreams. Offering the sturdy bones of a classic brick build and the rare advantage of established agricultural land, this property is as much an investment as it is a home. Property Highlights: Income-Generating Land: Approximately 8 acres are currently leased to a local farmer on a handshake agreement, yielding roughly 1,500 per year in passive income. Original Character: Step inside to find gorgeous hardwood floors spanning the dining room, living room, hallway, and all three bedrooms. Classic Layout: A functional 3-bedroom design that maximizes the square footage while offering scenic views. Solid Exterior: The all-brick construction provides a durable, low-maintenance exterior. Covered front porch: The perfect spot to sit back and relax. While the interior reflects a more traditional, dated aesthetic, it presents an incredible opportunity for equity building. With the hardwood floors already in place, a fresh coat of paint and modern fixtures would instantly transform this space. It is the ideal "fixer-upper" for someone who wants to customize their interior finishes without the worry of major structural overhauls. With 10 acres at your disposal, the possibilities are endless. Continue the current farming arrangement, or utilize the space for horses, a massive garden, or outbuildings.

Location

State IN

County Lake

Interior

Interior Features Ceiling Fan(s), His and Hers Closets

Heating Central, Natural Gas, Forced Air

Fireplace N

Appliance Dryer, Water Softener Owned, Washer, Refrigerator, Gas Water Heater, Gas Range

Exterior

Exterior Feature Private Yard, Rain Gutters

Garage Spaces 2.5

View Y/N true

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Building

Lot Description Back Yard, Horses Allowed, Rectangular Lot, Front Yard, Few Trees

Story One

Others

Tax ID 451908200007000037

SqFt Source Assessor

Acceptable Financing NRA20260401195200121308000000

Listing Terms NRA20260401195200121308000000

Virtual Tour https://www.homes.com/customer/dashboard/listings/?t=3&s=15&dk=xh8v5tfj6xmtt

Listed by BVG Realty, LLC • Vasilios Vossos

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Maurice Cornett

Maurice Cornett

Broker Associate | License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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11408 W 157th AVE