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11496 N Spring Lake Drive, 
Mooresville, IN 46158

$1


3

Beds


1

Bath


1,000

Sq Ft


Farm


Virtual Tour

Active

Listed by

Vince Ferguson, offers@markdietel.com

Mark Dietel Realty, LLC.

Last updated:

December 23, 2025, 05:44 PM

MLS#

202549168

Source:

Indiana Regional MLS

About This Home

11496 N Spring Lake Drive

Outstanding cash-flow opportunity to be sold at auction on February 19, 2026. This 7-acre property includes four homes, two of which are currently rented, and the county has approved permits for two additional dwellings—offering substantial upside potential. While the remaining two homes offer immediate value-add potential and could generate an additional $2,700 per month with an estimated $203–$30K investment. This property is adjacent to Listing 6877 E Tiny Tot Lane, offering a unique opportunity to purchase one or both properties together. Ideal for investors seeking strong returns and scalable income, this rare offering combines acreage, multiple dwellings, and significant upside, making it a compelling opportunity to secure a high-performing asset with exceptional future cash flow. This unique property requires commercial financing or cash only.

Home Facts

Farm

1 Bath

3 Bedrooms

Built in 1960

Price Summary

1

$0 per Sq. Ft.

MLS #:

202549168

Last Updated:

December 23, 2025, 05:44 PM

Added:

20 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,000 Sq. Ft.


Structure

Structure

Architectural Style:

Detached, Ranch

Building Area:

1,000 Sq. Ft.

Year Built:

1960


Lot

Lot Size (Sq. Ft):

304,920


Finances & Disclosures

Finances

Price:

$1

Price per Sq. Ft:

$0 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 2026 Indiana Regional MLS LLC.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.