4085 W 500 S, Albion, IN 46701

Local realty services provided by:ERA First Advantage Realty, Inc.
4085 W 500 S,Albion, IN 46701
$134,900
Virtual Tour
  • 3 Beds
  • 1 Baths
  • 1,423 sq. ft.
  • Single family
  • Active
Listed by: brad minear
Office: minear real estate
MLS#:202541632
Source:Indiana Regional MLS

Price summary

  • Price:$134,900
  • Price per sq. ft.:$94.8

About this home

This 3-bedroom, 1-bath home at the lake offers a fantastic opportunity for those eager to roll up their sleeves and make it their own. Whether you’re an investor, DIY enthusiast, or simply looking for a weekend getaway to transform, this property has endless potential. The home sits on 4 level lots totaling .339 acres with room for outdoor entertaining or future improvements. Enjoy deeded access to Big Lake, just a short stroll away, where you can fish, boat, and enjoy skiing daily from 1–4 p.m. The single story layout includes a generous 22x30 attached garage, ideal for storing vehicles, tools, and lake toys. With a little vision and creativity, this home could be turned into the perfect lake retreat or year-round residence. Bring your fishing poles, construction tools, and imagination, this is your chance to bring new life to a property brimming with possibilities! Immediate possession at closing means you can get started right away!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1957
  • Listing ID #:202541632
  • Added:121 day(s) ago
  • Updated:February 10, 2026 at 04:34 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,423 sq. ft.

Heating and cooling

  • Cooling:Wall AC
  • Heating:Heat Pump, Propane

Structure and exterior

  • Year built:1957
  • Building area:1,423 sq. ft.
  • Lot area:0.34 Acres

Schools

  • High school:Central Noble Jr/Sr
  • Middle school:Central Noble Jr/Sr
  • Elementary school:Wolf Lake

Utilities

  • Water:Well
  • Sewer:Public

Finances and disclosures

  • Price:$134,900
  • Price per sq. ft.:$94.8
  • Tax amount:$496
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

New listings near 4085 W 500 S