Spring Fever- another great property for you to fix and flip this spring. This is a medium size ranch that sits on almost an acre in a great wooded subdivision in Merrillville. The property has 3 bedroom and 1.75 bathroom, original hardwood floors on the main level and nice kitchen and living room with 2 fire places. The basement has a room for a 4th bedroom and a 3/4 bathroom. Also in the basement is another fireplace. This basement can be finished to get increase comps.
Asking Price: $125,000
ARV: Beautifu home and a great neighborhood, as is comps are hitting around $165K. The brick home next door newly renovated sold for over $200K so it is likely you can push it to $220-240K with all new finishes.
Property being sold “As-Is”. Seller has never lived in the property.
Closing will be held at Indiana Title Network with clear title and taxes prorated. Buyer will pay all closing costs of approximately $1000 plus the cost of title insurance if desired.
Proof of funds will be required before showing and is not available for rent, rent to own or financing.
Buyer’s agents welcome. We pay a 2% commission to buyer’s agents if agent is not the buyer nor has ownership of the entity purchasing the property.