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Key Details
Sold Price $280,000
Property Type Single Family Home
Sub Type Site-Built Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Subdivision None
MLS Listing ID 202319819
Sold Date 08/30/23
Style One Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 1,200
Total Fin. Sqft 1200
Year Built 1940
Annual Tax Amount $2,097
Tax Year 2022
Lot Size 5.100 Acres
Property Description
This exceptional property encompasses 6.82 acres of prime land with immense commercial potential. Situated in a desirable location, it boasts two rental houses and a 29x29 cinderblock garage, making it a unique investment opportunity. The property is zoned C3, allowing for a wide range of commercial uses. There is ample space for constructing commercial buildings, such as retail establishments, auto service/repair/rental/body shop, storage units or a combination thereof, making it an attractive investment for entrepreneurs and developers. The commercial potential is only limited by the fact that no city utilities are present, nearest connection is 1.5 miles away at Cook Rd. Please see extensive C3 list in docs. The largest house, situated on the far east side of the property, is a charming residence with 2BR/1BA with a kitchen, spacious living area, and a partial basement. The second house, located on the middle lot consists of 960 sq ft with 1 BR/1BA. This house presents an additional living space, perfect for extended family, rental income, or even a home office. The east property line is marked by wood stakes/flags. Goshen, Johnson and Wallen roads mark the other property lines. East property line marked on photos is approximate.
Location
State IN
Area Allen County
Direction Take Goshen Rd north of FWA. Approximately 1-mile past Cook Road on the right side of the road, The property lays between Johnson Rd, Goshen Rd and Wallen Rd.
Rooms
Basement Crawl, Partial Basement
Dining Room 12 x 13
Kitchen Main, 13 x 6
Interior
Heating Gas, Forced Air
Cooling Central Air
Fireplaces Type None
Appliance Refrigerator
Laundry Main, 7 x 5
Exterior
Garage Detached
Garage Spaces 2.0
Fence Chain Link
Waterfront No
Roof Type Asphalt
Building
Lot Description Corner, Irregular, Partially Wooded, 6-9.999
Story 1
Foundation Crawl, Partial Basement
Sewer Septic
Water Well
Architectural Style Traditional
Structure Type Vinyl
New Construction No
Schools
Elementary Schools Arcola
Middle Schools Carroll
High Schools Carroll
School District Northwest Allen County
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Tracy Hale • CENTURY 21 Bradley Realty, Inc