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Dawn Evans

dawn@theevansrealtygroup.com +1(812) 327-8878

Listed by Dawn Purdie • The Modglin Group

$ 420,000

Est. payment -/mo

Save

Open Sat 12PM-2PM

7591-7593 N Old S R 67 Mooresville, IN 46158

10 Beds

4 Baths

4,770 SqFt

Open House

Sat Aug 29, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,770 sqft

Price per Sqft $88

Subdivision No Subdivision

MLS Listing ID 22120362

Bedrooms 10

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1978

Tax Year 2025

Lot Size 1.260 Acres

Acres 1.26

Property Sub-Type Single Family Residence

Property Description

OPEN HOUSE- SATURDAY, AUGUST 29th 12 NOON - 2 PM!!Bring your offer. Charming Tri-Level Log Cabin with Income-Producing Potential in Mooresville! Unique investment opportunity just outside of Brooklyn in the Martinsville school district! This Cabin sits on a spacious corner lot surrounded by mature trees, offering plenty of shade, wrap around porches for privacy, and outdoor space for entertaining. The gravel driveway provides ample parking, with space for approximately two vehicles per unit. The property is currently configured as three separate living units, each offering its own kitchen and laundry hookups, creating an excellent opportunity for an investor seeking multiple income streams or a buyer looking for flexible multi-generational living. Unit 1 which is on the main floor has original stairs to second floor walled off which can be removed and reconfigured back to one larger two-story residential living space. Unit 1 features 4 bedrooms and 1 bath, with two separate entrances into the living space and its own private porch area. Unit 2, located on the second level, offers 3 bedrooms, 1 bathroom, and spacious kitchen. Unit 3 is accessed from the second level and continues upward into the home's top tri-level, where you'll find a spacious open-concept living room and kitchen, 3 bedrooms, and 1.5 baths. Conveniently located approximately 10 minutes from Mooresville, 13 minutes from Martinsville, and 35 minutes from Downtown Indianapolis, this property offers a unique combination of character, location, rental potential, and flexibility. Units 2 and 3 are currently leased, providing immediate rental income, while Unit 1 offers additional rental potential or flexibility for an owner occupant. Whether you're looking to expand your rental portfolio, house multiple generations under one roof, or restore this distinctive log cabin into a spacious single-family home, this is an opportunity worth exploring!

Location

State IN

County Morgan

Rooms

Basement Roughed In, Unfinished

Main Level Bedrooms 4

Interior

Interior Features Entrance Foyer, In-Law Arrangement, Pantry

Heating Natural Gas

Cooling Central Air, Wall Unit(s)

Fireplace N

Appliance Dishwasher, Dryer, Gas Water Heater, Electric Oven, Refrigerator, Washer

Exterior

View Y/N false

Water Access Desc Public

Building

Story Two and a Half

Foundation Block

Water Public

Architectural Style Log

Structure Type Log

New Construction false

Schools

School District Msd Martinsville Schools

NEARBY SCHOOLS & PROPERTIES

Dawn Evans

Real Estate Broker/Realtor | RB19001118

+1(812) 327-8878

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Dawn Evans

7591-7593 N Old S R 67 Mooresville, IN 46158

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

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7591-7593 N Old S R 67