Welcome to 267 Shady Nook. Attention investors! Located just minutes from Hanover College and beautiful Madison, IN, this sprawling ranch presents an excellent opportunity for your next flip or rental property. A cozy front porch greets you as you walk up. Heading inside brings you into a spacious living room with abundant natural light. The living room then opens the eat-in kitchen. The kitchen offers ample cabinet space as is, but offer plenty of potential to be expanded and updated. Off the back of the kitchen is a convenient laundry and utility room. Heading down the hallway, from living room, leads down to the bedrooms. The huge primary bedroom offers a large closet, nice sized sitting area, and leads out to the back deck. There are two more good sized bedrooms and a full bath with whirlpool tub. Heading outside from the kitchen brings you past the sunroom and out onto a great, 8' x 27' covered side porch. This porch then connects to a 16' x 24' out building that offers a workshop space on one side and a large storage room on the other. This property also comes with a 8' x 8' storage shed, perfect for lawn equipment, and a big backyard providing ample space for kids or pets to play in. 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.