This 2-3 Bedroom, 1 Full Bath Ranch offers 1,164 Sq. Ft. on three parcels totaling 0.48 acre! A covered front porch welcomes you into the Foyer, leading to a versatile layout with an Eat-in Kitchen. The former third Bedroom currently serves as a Laundry Room and flexible-use space. An unfinished Basement provides additional storage and possibilities, while the spacious three-car Garage adds convenience and appeal. Enjoy existing rental income with potential to increase rents. Tenant rights remain in place through January. The three parcels back up to an additional 1.68 acres currently listed for sale separately, offering an opportunity for buyers interested in purchasing more land.
Property Type(s):
Single Family
|
Last Updated
|
10/17/2026
|
Tract
|
Raines Place
|
|
Year Built
|
1930
|
Community
|
4807 - Madison - Lafayette
|
|
Garage Spaces
|
3.0
|
County
|
Madison
|
SCHOOLS
| Jr. High School |
Highland Middle School |
Additional Details
| AIR |
None |
| APPLIANCES |
None |
| AREA |
4807 - Madison - Lafayette |
| BASEMENT |
Yes |
| CONSTRUCTION |
Aluminum Siding |
| GARAGE |
Yes |
| HEAT |
Forced Air |
| INTERIOR |
Entrance Foyer |
| LOT |
0.48 acre(s) |
| LOT DESCRIPTION |
City Lot |
| PARKING |
Attached |
| STORIES |
1 |
| STYLE |
Ranch |
| SUBDIVISION |
Raines Place |
| WATER |
Public |
Location
Listed with RE/MAX Real Estate Solutions
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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