5107 E US Hwy 50, Montgomery, IN 47558

$825,000 Asking Price

5 beds
5 baths
4,705  sqft
Built in 1958

Don't miss out on a piece of Montgomery's finest! Recently remodeled property with Airbnb or VRBO potential located in the highly desirable Montgomery area/Barr Reeve school district, boasting potential for both comfortable living and investment opportunities. This property offers the perfect blend of modern amenities and timeless charm with 5 bedrooms and 5 bathrooms, there's plenty of space for large families or groups of guests. Each room is thoughtfully designed for comfort and relaxation, ensuring a memorable stay for visitors. With its spacious layout and numerous amenities, including a fire pit outside for hosting gatherings, guests can enjoy unforgettable moments under the stars. Additionally, the unique feature of a large grain bin, creatively decorated for entertaining with seating inside, adds a touch of whimsy and charm to the property. For those seeking additional income opportunities, a detached garage with a 3 bedroom, 2 bath apartment provides the perfect space for long-term tenants or additional short-term rentals. Its prime location in the Montgomery area, across from Country Oaks golf course, provides convenient access to local amenities, attractions, and outdoor recreational opportunities. Whether you're looking for a comfortable family home, an investment property, or a combination of both, this gem offers endless possibilities.

Features & Amenities

Interior

Basement:
Full Basement,Finished,Outside Entrance Only
Flooring:
Vinyl,Ceramic Tile
A/C:
Central Air
Heating:
Electric,Gas
Fireplace:
Electric,Wood Burning,Basement,Two,Fireplace Insert, Fireplace, Fireplaces: 2

Exterior

General:
Stone,Other

Construction

General:
One Story, Full Basement,Finished,Outside Entrance Only

Location

HOA Amenities:
Not Applicable
School District:
Barr-Reeve Community

Lot

Zoning:
Pt W 1/2 NW 34-3-6, 1.89 Acres m/l and Pt N W 1/2 NW 34-03-06, .301 Acres m/l, 14-09-34-200-002.001-001

Utilities

Water:
Public

This listing courtesy of:
Century 21 Classic Realty, Ashley Dobson

About Montgomery, IN

Housing

Number of Units
1,665
Median Home Value
$184,065
Median Rent
$534

11.78% of housing units are renter occupied.

4.67% are vacant.

Commute

Car
85.80%
Public Transportation
0.00%
Walk to Work
3.95%
Work from Home
6.17%
Other
0.90%

The median travel time to work is 32 minutes.

People

Population
5,323
Median Age
30.20
Median Household Size
3.81

Education

High School
29.26%
Associate’s Degree
11.79%
Bachelor’s Degree
6.44%
Graduate Degree
2.44%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: