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8876 N 500 W, 
Lake Village, IN 46349

$215,000


4

Beds


2

Baths


2,360

Sq Ft


Single Family

Pending

Listed by

Cathy O'Banion

United Real Estate Indpls

317-216-8800

Last updated:

September 18, 2025, 07:19 AM

MLS#

22061301

Source:

IN MIBOR

About This Home

8876 N 500 W

An Investor's Dream in Lake Village, IN - This single-family residence at 8876 N 500 W, Lake Village, IN, is an exceptional investment opportunity. With its potential for immediate value appreciation and a flexible layout, this property is perfect for both savvy investors and homeowners looking to build equity. The home's generous 2,360 square feet of living space provides a comfortable and adaptable layout. The main level boasts a kitchen, 3 bedrooms and a bathroom. The bath is jack & Jill between the primary bedroom & upper hall. What truly sets this property apart is the unfinished lower level. This expansive space is a blank canvas, with rough-ins already in place for a bedroom, a family room, and a full bathroom. This allows for a straightforward expansion of the living area, which will significantly increase the home's square footage and overall value. Finishing this space offers a clear path to a high return on investment. Situated on a massive 79,149-square-foot lot, the property features a deck for entertaining and a shed for additional storage. Its peaceful, rural setting provides a quiet escape while still being a short drive from local amenities. This property isn't just a home; it's a strategic investment with a clear and actionable path to profitability. The opportunity to add significant value by completing the lower level makes it a smart choice for anyone looking to grow their portfolio. Call Broker Bay for showings.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 2003

Price Summary

215,000

$91 per Sq. Ft.

MLS #:

22061301

Last Updated:

September 18, 2025, 07:19 AM

Added:

15 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,360 Sq. Ft.


Structure

Structure

Building Area:

2,360 Sq. Ft.

Year Built:

2003


Lot

Lot Size (Sq. Ft):

79,279


Finances & Disclosures

Finances

Price:

$215,000

Price per Sq. Ft:

$91 per Sq. Ft.

Source:IN MIBOR
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