$55,200
This versatile property offers a rare opportunity with nearly half an acre of usable land and multiple existing structures, making it perfect for investors, builders, or those seeking a flexible live-work setup. The lot currently features a tenant-occupied trailer, a single-car garage, a separate workshop building, and a lean-to - all ready for your vision. With two water and sewer connections, the parcel is primed for expansion. Add a second trailer for additional rental income, or replace the existing unit with a modular or stick-built home. The current trailer is in generally good condition but could benefit from some updates to unlock its full potential. Whether you're looking to expand your investment portfolio or create your own custom homestead, this property offers endless possibilities in a desirable setting.
GPS Friendly
| MLS # | 22049247 |
|---|---|
| Date Listed | 2025-07-07 |
| Status | Active |
| Property Type | Lots and Land |
| Property SubType | Residential Lots |
| New Construction | No |
| Type | Residential Lots |
| Year Taxes Payable | 2024 |
| Days on Market | 152 |
| Zoning | R2 |
| Construction | Residential Lots |
|---|---|
| Lot Size | 19,297 sq ft |
| Acreage | 0.44 Acres |
| Sewer | Municipal Sewer Connected |
| Water | Public |
| Fence | None |
| Area | Montgomery |
|---|---|
| County | Montgomery |
| Subdivision | No Subdivision |
| Township | Brown |
| City | Waveland |
| State | IN |
| Zip | 47989 |
| School District | South Montgomery Com Sch Corp |
|---|---|
| Elementary | New Market Elementary School |
| Middle School | Southmont Jr High School |
| High School | Southmont Sr High School |
| Assoc. Dues | $0.00 |
|---|
MLS# 22049247
IDX information provided by the MIBOR REALTOR® Association.
IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Kasey Ferguson
Wolfpack Realty
talktokasey@gmail.com
Listing updated July 8, 2025 at 5:56 pm
Last checked 21 minutes ago