$499,500

11408 W 157th Avenue, Lowell, IN 46356

  • 3 beds |
  • 1 bath |
  • 1,320 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon10acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $378/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Country Living with Income Potential in Lowell, Indiana. Nestled on 10 sprawling acres, this 1,320 sq. ft. all-brick 3 bedroom, 1 bath, ranch is the perfect canvas for your rural dreams. Offering the sturdy bones of a classic brick build and the rare advantage of established agricultural land, this property is as much an investment as it is a home. Property Highlights: Income-Generating Land: Approximately 8 acres are currently leased to a local farmer on a handshake agreement, yielding roughly 1,500 per year in passive income. Original Character: Step inside to find gorgeous hardwood floors spanning the dining room, living room, hallway, and all three bedrooms. Classic Layout: A functional 3-bedroom design that maximizes the square footage while offering scenic views. Solid Exterior: The all-brick construction provides a durable, low-maintenance exterior. Covered front porch: The perfect spot to sit back and relax. While the interior reflects a more traditional, dated aesthetic, it presents an incredible opportunity for equity building. With the hardwood floors already in place, a fresh coat of paint and modern fixtures would instantly transform this space. It is the ideal "fixer-upper" for someone who wants to customize their interior finishes without the worry of major structural overhauls. With 10 acres at your disposal, the possibilities are endless. Continue the current farming arrangement, or utilize the space for horses, a massive garden, or outbuildings.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 11:21PM
Listing Office:
BVG Realty, LLC : (219) 680-0077
Listing Agent:
Vasilios Vossos :
MLS ID:
836400
  • General: Ceiling Fan(s)His and Hers Closets
  • Rooms: Bedroom 2Primary BedroomLiving RoomKitchenDining RoomBedroom 3
  • Appliances: DryerWater Softener OwnedWasherRefrigeratorGas Water HeaterGas Range
  • Laundry: Gas Dryer HookupWasher Hookup
  • Basement: FullUnfinishedSump Pump
  • Heating: CentralNatural GasForced Air
  • General: Private YardRain Gutters
  • Other Structures: PorchFront PorchPatioCovered
  • Parking: AttachedGarage Faces FrontDrivewayAsphaltAdditional ParkingOff StreetGarage Door Opener
  • General: One
  • Originating MLS: nira
  • County: Lake
  • Zoning: W2. OF E2. NE. NE. S.8 T.33 R.9 10AC.451908200007000037
  • View: Rural
  • Utilities: Cable AvailableWater ConnectedSewer ConnectedNatural Gas ConnectedElectricity Connected200+ Amp Service
  • Water: Well
  • Sewer: Septic Tank
  • Source: nira

This listing courtesy of Vasilios Vossos , BVG Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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