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MLS #:
202549168
Lot Size:
7.00 Acres - 304,920 Sq Ft
Type:
Farm/Ranch
Site-Built Home
Taxes/Yr.:
$2,990
Area:
Morgan County
Subdivision:
None
Address:
11496 N Spring Lake
Mooresville, IN 46158
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.
Interior Features:
Eat-In Kitchen
Vinyl
Listing offered by:
Vince Ferguson - License# RB14047989 with Mark Dietel Realty, LLC - 317-886-8440
Map of Location:
Data Source:
Listing data provided courtesy of: Indiana Regional MLS (Data last refreshed: 01/09/26 5:46pm)
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Notice & Disclaimer: All listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information is not guaranteed to be accurate. All measurements (including square footage and acreage) should be independently verified by the buyer.
Notice & Disclaimer: All listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information is not guaranteed to be accurate. All measurements (including square footage and acreage) should be independently verified by the buyer.
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