c.1897 Three Bedroom Indiana Fixer Upper Under $50K
$49,900
This Indiana fixer upper sits on a tree-lined street with neat older homes. BUilr in 1897, this home has three bedrooms, two baths, hardwood floors, and built-ins, but the poor house is in sad shape.
Realtor Comments
Awesome Opportunity! Check out massive 3 bedroom and 2 full bathroom home with tons of potential for the right buyer! This home needs a lot of work, but could be an amazing home with tall ceilings and cool historic woodwork. Great floor plan with large kitchen, dining room, and living room. 3rd Floor Attic could be additional living space. Much desired two car detached garage. Seller will only consider cash, AS-IS offers ready to close quickly. Buyer/buyer’s agent to verify room dimensions, SF, zoning, & schools. Mark your calendars! The seller will review the highest and best offers after 5 PM on Monday, April 21st.
- 3bed
- 2bath
- Circa 1897
650 W Lexington Ave, Elkhart, IN 46514 $49,900
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Location of This Indiana Fixer Upper
Pros
- Strong Manufacturing Economy: Elkhart (53,484 pop) is known as the “RV Capital of the World,” with a robust manufacturing sector focusing on recreational vehicles and related industries
- Affordable Cost of Living: Housing costs and overall expenses are significantly lower than national averages
- Location: Convenient access to larger cities like Chicago (110 miles), Indianapolis (150 miles), and Detroit (180 miles)
- Natural Beauty: Proximity to the St. Joseph River, several lakes, and parks like Island Park
- Cultural Assets: The Lerner Theatre, Midwest Museum of American Art, and Ruthmere Museum offer cultural experiences
- Amish Country: Nearby Amish communities provide unique cultural attractions and shopping
Cons
- Economic Volatility: Heavy reliance on the RV industry makes the local economy vulnerable to economic downturns
- Weather: Harsh winters with significant snowfall, particularly due to lake effect snow from Lake Michigan
- Limited Diversity: Less diverse than larger metropolitan areas
- Entertainment Options: Fewer entertainment and dining options compared to larger cities
- Public Transportation: Limited public transit infrastructure
- Educational Opportunities: Fewer higher education options directly in the city
