🔥Princes Lakes Flip w/ Garage for Boat Storage! Nineveh Available

  • $84,990
  • 3 beds
  • 2 baths
  • 1,330 sqft

>>> CLICK HERE FOR ALL PHOTOS <<<

524 W Gerking Dr, Nineveh, IN 46164
WALKTHROUGH
MUST TEXT 317-751-2308 FOR ACCESS AND TIME

CASH ASKING PRICE
$ 84,990 CASH OR BEST OFFER

AFTER REPAIR VALUE
$ 250,000
SQFT SHOWN WAS PREVIOUS TOO LOW. DIDN’T ACCOUNT FOR 2ND FLOOR SQFT. 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
  • SQFT SHOWN WAS PREVIOUS TOO LOW. DIDN’T ACCOUNT FOR 2ND FLOOR SQFT
  • 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: 1330
  • 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 TBD
  • Non-Refundable Earnest Money Deposit $ 5,000

MARKET ACTIVITY

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SUBJECT PROPERTY: 524 W Gerking Dr / 3 Beds / 2 Bath / 1,330 Sqft / 2-Car Detached Garage / Built 1982 / 1.25 Acre Double Lot

COMPARABLES / RECENT ACTIVITY

  • SOLD $290,000 – 8379 S Christian Dr / 3 Bed / 2 Bath / 1,456 Sqft / 2-Car Garage / Built 1994 / 1.21 Acres
    • Comparable lot size (-0.04 acres)
  • SOLD $280,000 – 150 W Jo Jo Ln / 3 Bed / 2 Bath / 1,170 Sqft / 1-Car Garage / Built 2021 / 0.3 Acres
    • Smaller living area (-160 sqft)
    • One less garage space
    • Much smaller lot (-0.95 acres)
  • SOLD $262,500 – 845 W Bauer Dr / 3 Bed / 2 Bath / 1,152 Sqft / 2-Car Garage / Built 1969 / 0.27 Acres
    • Smaller living area (-178 sqft)
    • Older construction (13 years older)
    • Much smaller lot (-0.98 acres)
  • SOLD $250,000 – 8450 S Scott Dr / 3 Bed / 2 Bath / 1,280 Sqft / NO Garage / Built 1990 / 0.74 Acres
    • Slightly smaller living area (-50 sqft)
    • No garage
    • Smaller lot (-0.51 acres)
  • PENDING $249,000 – 8502 S Fleming Dr / 3 Bed / 1 Bath / 1 Half Bath / 1,080 Sqft / 1-Car Garage / Built 1981 / 0.26 Acres
    • One less full bathroom (has a half bath)
    • Smaller living area (-250 sqft)
    • One less garage space
    • Much smaller lot (-0.99 acres)
  • 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
    • Smaller living area (-223 sqft)
    • No garage
    • Older construction (22 years older)
    • Much smaller lot (-1.11 acres)

    • LINK TO COMPS

    !! JOIN OUR BUYER LIST: https://www.investbelowmarket.com/ !!

    Price:
    $84,990
    Address:
    524 W Gerking Dr
    Nineveh, IN 46164
    Square Feet:
    1,330
    Lot Size:
    1.25 Acre
    Bedrooms:
    3
    Bathrooms:
    2
    Terms:
    Assignment of Contract
    Property Type:
    Home
    Year Built:
    1982

    Call 317-751-2308 for more details

    Property Location