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524 W Gerking Dr, Nineveh, IN 46164

WALKTHROUGH MONDAY, 08/24/26

MUST TEXT 317-751-9601 FOR ACCESS AND TIME

CASH ASKING PRICE

$ 89,990 CASH OR BEST OFFER

AFTER REPAIR VALUE

$ 250,000

Sale Includes 2 Separate Parcels Totaling 1.25 Acres. Short walk/drive over to Princes Lake with Garage to store boats and water toys! Property has city water! No Septic!

RENTAL ESTIMATE

$ NA

PROPERTY DETAILS

• SFH
• Sale Includes 2 Separate Parcels Totaling 1.25 Acres
• Parcel ID: 41-11-32-034-017.000-021 – 32,234 Sq Ft (0.74 Acres)
• Parcel ID: 41-11-32-034-018.000-021 – 22,041 Sq Ft (0.51 Acres)
• Short walk/drive over to Princes Lake
• Bed: 3
• Bath: 2
• Sq Ft: 840
• 2-Car Detached Garage with Second Story. Perfect place to store a boat and water toys!
• 2-Story Layout
• Attic: Yes
• 200-Amp Electrical Service
• Roof: Approx. 2 Years Old
• Furnace: Approx. 8 Years Old
• Water Heater: Approx. 8 Years Old
• Level Flooring
• Stick-Built Foundation
• Property has city water and NO Septic. There is a lift station on the property that takes the waste up to another station off the property and it has been recently serviced, pump/grinder are fairly new
• Current Occupancy Owner Occupied
• Occupancy at Close Post-Close Possession Needed
• Close of Escrow 10/14/26
• Best Offer Due By 08/25/26 12:00 PM
• Non-Refundable Earnest Money Deposit  $ 5,000

MARKET ACTIVITY

SUBJECT PROPERTY: 524 W Gerking Dr / 3 Beds / 2 Bath / 840 Sqft / 2-Car Detached Garage / Built 1982 / 1.25 Acre Double Lot

COMPARABLES / RECENT ACTIVITY

• SOLD $250,000 – 8608 Riser Dr / 3 Bed / 1 Bath / 1,126 Sqft / NO Garage / Built 1950 / 0.38 Acre Lot Size
  • One less bathroom
  • No garage
  • Smaller lot
• SOLD $230,000 – 8667 S Nash Dr / 3 Bed / 1 Bath / 1,107 Sqft / NO Garage / Built 1960 / 0.14 Acre Lot Size
  • One less bathroom
  • No garage
  • Much smaller lot
• SOLD $215,000 – 304 E Hoover Dr / 2 Bed / 1 Bath / 725 Sqft / 2-Car Detached Garage / Built 1958 / 0.19 Acre Lot Size
  • One less bedroom
  • One less bathroom
  • Smaller living area
  • Smaller lot

LINK TO COMPS

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