11496 N Spring Lake Drive Mooresville, IN $ 1
11496 N Spring Lake Drive
$ 1
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11496 N Spring Lake Drive

Mooresville, IN, 46158
$ 1
Bedrooms3 Baths1.0 Sq 1,000

Monthly Estimate*

$ 0

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Farms/Ranches for sale in Mooresville, IN

for $1 with 3 bedrooms and 1 full bath. This 1,000 square foot property was built in 1960 on a lot size of 7.

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 dwellingsoffering 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.

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Farms/Ranches Active

Price

$ 1

Bedrooms

3

Full Bath

1

Property Type

Farms/Ranches

Taxes

$ 2,990

Style

Ranch

Lot Size

7

Year Built

1960

Town/City

Mooresville

County/Region

Morgan

MLS | Web ID

202549168

Features
General
Sewer Septic
Kitchen Level Main
Cooling Central Air
Amenities Eat-In Kitchen
School District Mooresville Cons. S.D.
Status Active Active
New Construction No
Subdivision None
Style Detached
Township Madison
Class FARM/RANCH
Age 65
REO No
Status Detail 0
Dining Room Level N/A
Upper N/A
Area Morgan County
Location Rural
Year Built 1960
City Mooresville
Middle School Paul Hadley
Architctural Style Ranch
Total Sq Ft 1000
Legal Description S3 T13 R2e Pt Sw Nw 7 A
High School Mooresville
Virtual Tour https://www.tourfactory.com/idxr3232520
Agent First Name Vince
Agent Last Name Ferguson
DOM 19
Elementary School Newby Memorial
Tax Year 2024
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Exterior
Exterior Vinyl
Driveway Gravel
Garage Type Detached
Garage Length 15
Garage Width 32
Lot Dimensions 300x1016
Lot Size Area 7
Pool (Y/N) No
Lot Description Level Pasture
Fence None
Water Features None
Garage Capacity 2
Waterfront Y/N No
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Interior
Flooring Laminate Vinyl
Total Baths 1
Fireplace? No
Basement/Foundation None
Family Room Width 0
Dining Room Length 0
Breakfast Room Length 0
Breakfast Room Width 0
Dining Room Width 0
Family Room Length 0
Fireplace None
Other Room 1 Description N/A
Other Room 2 Description N/A
Other Room 3 Decription N/A
Full Baths Main 1
Full Baths Upper 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 0
Total Rooms 5
1st Bedroom Level Main
1st Bedroom Width 10
2nd Bedroom Length 17
2nd Bedroom Level Main
2nd Bedroom Width 8
3rd Bedroom Length 10
3rd Bedroom Level Main
3rd Bedroom Width 10
Extra Room Description N/A
Extra Room Length 0
Extra Room Level N/A
Extra Room Width 0
Heating/Fuel Forced Air
Rec Room Length 0
Rec Room Level N/A
Rec Room Width 0
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* Excluded Features
List By
Vince Ferguson

Listing Agent

Mark Dietel Realty, Llc

Broker

vince.ferguson@markdietel.com

Email

Affordability Calculator

$249
Per Month
0%
100%
0%
Monthly Principal & Interest
$0
Monthly Property Taxes
$249
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5363082 Elementary School
5329147 Middle School
Mooresville High School High School
Pricing History
DatePricePrice ChangeDescription
12/17/2025$1 Listed Price

Map


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11496 N Spring Lake Drive, Mooresville, IN, 46158 is a Farms/Ranches for sale at $1 with 1,000 sqft and a lot size of 7. 11496 N Spring Lake Drive has 3 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 46158 which is in Mooresville, IN