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11496 N Spring Lake Drive

Mooresville, IN 46158
  • $1
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 202549168
UPDATED: 41 min ago
$1
  • 3
    BEDS
  • 7
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,000
    SQFT
Neighborhood:
Type:
Townhouse
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Vince Ferguson of Mark Dietel Realty, LLC: offers@markdietel.com.

Description

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. Pre-Register here for the land auction.

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© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2026-01-21T16:28:07.117.

www.housesinfortwayne.com/homes/171452143
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11496 N Spring Lake Drive Mooresville, IN 46158

  • Price: $1
  • Status: Active
  • On Site: 34 Days
  • Updated: 41 min ago
  • MLS #: 202549168
3
Beds
1
Baths
0
½ Baths
7
Acres
1,000
SQFT
$0
$/SQFT
1960
Built
Neighborhood:
None
County:
Morgan
Area:
Morgan
Elementary School:
Newby Memorial
Middle School:
Paul Hadley
High School:
Mooresville
School District:
Mooresville Cons. S.D.
Property Description
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. Pre-Register here for the land auction.
Exterior Features

Architectural Style Ranch Driveway Gravel Exterior Vinyl Fence None Garage Length 15 Garage Sq Ft 480 Garage Width 32 Garage YN Yes Leased Acres YN No Location Rural Lot Description LevelPasture Lot Dimensions 300x1016 Outbuilding1 None Pool YN No Style Detached Water Features None Waterfront YN No

Interior Features

3rd Bdrm Level Main Above Grade Bedrooms 3 Above Grade Finished Sq Ft 1000 Above Grade Unfin Sq Ft 0 Amenities Eat-In Kitchen Basement Foundation None Basement YN No Bedroom1 Level Main Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sq Ft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Fireplace None Fireplace YN No Flooring LaminateVinyl Full Baths Below Grade 0 Full Baths Main 1 Full Baths Upper 0 Half Baths Below Grade 0 Half Baths Main 0 Half Baths Upper 0 Heating Fuel Forced Air Rooms Below Grade 0 Total Baths 1 Total Below Grade Sq Ft 0 Total Rooms 5 Total Sq Ft 1000

Property Features

Annual Taxes 2990 Assoc Dues Frequency Not Applicable Auction YN Yes For Sale Or Rent For Auction Garage Type Detached New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Site-Built Home Proposed Financing Conventional Reo YN No Sewer Septic Township Madison Water Utility Well Well Size Unknown Well Type Private Year Taxes Payable 2024

Listing provided by Vince Ferguson of Mark Dietel Realty, LLC: offers@markdietel.com.

© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2026-01-21T16:28:07.117.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Vince Ferguson of Mark Dietel Realty, LLC: offers@markdietel.com.