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4085 W 500 S, 
Albion, IN 46701

$134,900


3

Beds


1

Bath


1,423

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Brad Minear

Minear Real Estate

Last updated:

November 10, 2025, 05:08 PM

MLS#

202541632

Source:

Indiana Regional MLS

About This Home

4085 W 500 S

This 3-bedroom, 1-bath home at the lake offers a fantastic opportunity for those eager to roll up their sleeves and make it their own. Whether you’re an investor, DIY enthusiast, or simply looking for a weekend getaway to transform, this property has endless potential. The home sits on 4 level lots totaling .339 acres with room for outdoor entertaining or future improvements. Enjoy deeded access to Big Lake, just a short stroll away, where you can fish, boat, and enjoy skiing daily from 1–4 p.m. The single story layout includes a generous 22x30 attached garage, ideal for storing vehicles, tools, and lake toys. With a little vision and creativity, this home could be turned into the perfect lake retreat or year-round residence. Bring your fishing poles, construction tools, and imagination, this is your chance to bring new life to a property brimming with possibilities! Immediate possession at closing means you can get started right away!

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1957

Price Summary

134,900

$94 per Sq. Ft.

MLS #:

202541632

Last Updated:

November 10, 2025, 05:08 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,423 Sq. Ft.


Structure

Structure

Architectural Style:

One Story

Building Area:

1,423 Sq. Ft.

Year Built:

1957


Lot

Lot Size (Sq. Ft):

14,767


Finances & Disclosures

Finances

Price:

$134,900

Price per Sq. Ft:

$94 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.