505 N Swain St Ingalls IN 46048 MLS 21949463

Home Description: 505 N Swain St

Discover a remarkable opportunity with this exceptional income property, boasting the potential to yield even greater returns. Presenting a charming 3-bedroom, 1-bath home accompanied by a detached garage featuring an expansive 840 sqft +/- 2-bedroom apartment overhead. This bonus dwelling offers the versatility to serve as a steady source of rental income, a cozy space for in-laws, a private man cave, or a quiet home office. Enviably positioned on a collective .71 acres spread across six individual parcels. The included parcels hold the promise of constructing two additional residences, amplifying both the value and capabilities of your investment. All lots offer access to water and sewer services, ensuring a smooth and cost-effective development process. Parcels included are: 48-15-36-300-152.00-015,48-15-36-300-153.00-015, 48-15-36-300-154.00-015, 48-15-36-300-155.00-015, 48-15-36-300-156.00-015, 48-15-36-300-157.00-015. Reference BLC # 21949478 for additional details. This property offers a rare blend of immediate income potential and exciting development prospects. Don't miss your chance to own and shape this versatile piece of real estate into your vision of thriving success.