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About This Home
This 2-bedroom, 1-bathroom single family at 4283 W 500 S in Albion, IN is listed for $190,000 ($207 per sqft). Built in 1950, the home offers 920 sqft of living space on a 0.16 acres lot.
Prime opportunity on sought-after Big Lake with 50 feet of water frontage. Notorious for the best fishing around, this 920 sq ft home sits directly on the water in a great setting where opportunities like this don’t come around often. The structure offers solid bones and a newer roof (within the last couple of years), giving you a strong starting point.
Interior will require renovation due to prior damage from burst water pipes during winter a couple of years ago—please refer to photos for current condition. Whether you’re an investor, flipper, or buyer looking to create your own lake getaway, this property is full of potential. With the right vision and updates, this could be transformed into a standout lake property in a highly desirable location. Rare chance to build equity and make Big Lake your own.
Key Features
- Built in 1950
- 0.16 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$1,016/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4283 W 500 S
Albion, IN 46701
None
Features & Amenities
Exterior Features
Property Details
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 4283 W 500 S is listed at $190,000 ($207/sqft). The estimated monthly payment is $823 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.16 acre lot, Waterfront. Exterior Features: None, Shed.
This property is listed by Vincent Crump and can be reached at 2603184990 or vincecrump1@gmail.com.
