Welcome to 11990 Old Hwy 111 SE. Attention investors! Come check out this cozy bungalow in Elizabeth, IN, just up from the Ohio River. Situated on a 1 acre lot, this is a prime investment opportunity to bring a home back to life and ready it for its' next family that wants to enjoy their peaceful slice of country living. Lovely, mature trees and a covered front porch greet you as you walk up. Heading inside, into the living room, you will immediately notice the original hardwood floors and abundant natural light that are both throughout the home. Behind the living room is a large eat-in kitchen with laundry area and exterior entrance just waiting for a new deck to be added. Rounding out the 1st floor are two good sized bedrooms and a full bath. Upstairs is a third bedroom with large closet and unfinished bonus room. The bonus room could easily be made into a 4th bedroom or office. The daylight, unfinished, walkout basement provides ample storage space and the possibility of tons of additional finished space. Out back is a enormous yard with great, all metal 10' x 20' storage shed. Don't miss out on this one and schedule a showing today! This property is being sold "as-is" and will not currently qualify for FHA financing due to the 90 day rule.