Mooresville, IN 46158,11496 N Spring Lake Drive
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Mooresville, IN 46158,11496 N Spring Lake Drive
Mooresville, IN 46158,11496 N Spring Lake Drive
Mooresville, IN 46158,11496 N Spring Lake Drive
Mooresville, IN 46158,11496 N Spring Lake Drive
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2026
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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395
Active

11496 N Spring Lake Drive Mooresville, IN 46158

3 Beds

1 Bath

1,000 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Rent

Square Footage 1,000 sqft

MLS Listing ID 202549168

Style Detached

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 1,000

Total Fin. Sqft 1000

Year Built 1960

Annual Tax Amount $2,990

Tax Year 2024

Lot Size 7.000 Acres

Property Sub-Type Site-Built Home

Property Description

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.

Location

State IN

County Morgan County

Area Morgan County

Direction SR 67 south into Mooresville. Left onto Hadley Rd. Right onto Turner Rd. Left onto Kitchen Rd. Left onto Spring Lake Rd. Left onto Ruth (becomes Spring Lake in back). Follow to back of the neighborhood.

Rooms

Family Room 0 x 0

Dining Room 0 x 0

Kitchen Main, 20 x 12

Interior

Flooring Laminate, Vinyl

Fireplaces Type None

Laundry Main, 0 x 0

Exterior

Parking Features Detached

Garage Spaces 2.0

Fence None

Amenities Available Eat-In Kitchen

Building

Lot Description Level, Pasture

Sewer Septic

Water Well

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Newby Memorial

Middle Schools Paul Hadley

High Schools Mooresville

School District Mooresville Cons. S.D.

Others

Financing Conventional

Virtual Tour https://www.tourfactory.com/idxr3232520


Indiana Regional MLS (IRMLS)
Listed by Vince Ferguson • Mark Dietel Realty, LLC • [email protected]
Trueblood Real Estate

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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11496 N Spring Lake Drive