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$175,000 -

151 Schaefer Drive Hope IN 47246

3
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.13
Acres

Welcome to Hope, Indiana living at its finest. This charming three-bedroom, one-bathroom home offers comfort, character, and incredible flexibility for both homeowners and investors. Currently operating as an income-producing property, it features a month-to-month lease, giving buyers the freedom to keep reliable tenants in place or take possession for personal use-whichever best fits your goals. Set within the highly regarded Rock Hawk Creek School Corporation, families appreciate the above-average ratings and exceptional student support found here. Raise your family in a top-rated district where kids thrive-with Hope Elementary and Hauser High School preparing tomorrow's leaders just minutes away. Love local? You're in the perfect place. Hope's dining and shopping scene embraces small-town pride-eat and shop local with a cozy mix of eateries, bakeries, and boutiques that emphasize farm-fresh flavors, homemade goods, and handcrafted finds. For recreation, outdoor enthusiasts and culture lovers will feel right at home. Hope blends natural beauty with meaningful local history. Unwind at Hope Town Park, enjoy weekend picnics, or stroll shaded walking paths. Prefer low-key adventures? Explore the Yellow Trail Museum, where heritage and community meet. In Hope, peaceful days and enriching experiences are just outside your door. This home combines location, convenience, and small-town charm with rare flexibility-perfect for living, investing, or both. Whether you're looking to grow your portfolio or settle into a welcoming community, this property offers options that truly work for you.

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Property Details

Price: $175,000 Previously: $175,000 Originally: $185,000 Bedrooms: 3 Bathrooms: 1.00 MLS #: 22075642 Year Built: 1981 Township: Haw Creek Sq. Ft Total: 1,248 Type: Residential Zip Code: 47246 City: Hope Subdivision: The Meadows County: Bartholomew School District: Flat Rock-Hawcreek School Corp High School: Hauser Jr-Sr High School Elementary School: Hope Elementary School

Interior Features

Interior Features:
  • Appliances: None
  • Cooling: Central Air
  • Heating: Natural Gas

Exterior Features

Exterior Features:
  • # Acres: 0.13

Listing Office: My Emerald Group

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on January 2nd, 2026 at 8:10am EST.

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