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$1 -

11496 N Spring Lake Drive Mooresville IN 46158

3
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
7
Acres

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 generating $2425 a month. The two remaining homes offer immediate value-add potential and could generate an additional $2,700 per month with an estimated $20K-$30K investment. This property is adjacent to Listing 6877 E Tiny Tot Lane (MLS#22077047) , 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. The property is accessed through a private gated entrance, offering added privacy and security. This unique property requires commercial financing or cash only.

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Property Details

Price: $1 Previously: $1 Originally: $1 Bedrooms: 3 Bathrooms: 1.00 MLS #: 22076833 Year Built: 1960 Township: Madison Sq. Ft Total: 1,000 Type: Residential Zip Code: 46158 City: Mooresville Subdivision: No Subdivision County: Morgan School District: Mooresville Con School Corp High School: Mooresville High School Middle School: Paul Hadley Middle School

Interior Features

Interior Features:
  • Appliances: None
  • Cooling: Central Air
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • # Acres: 7.00

Listing Office: Mark Dietel Realty, Llc

Similar Properties To: 11496 N Spring Lake Drive, Mooresville

$1
4 br, 1½ ba, 794 ft²
No Subdivision
MLS® #:
22077047
Provider:
Mark Dietel Realty, Llc
6877 E Tiny Tot Lane, Mooresville

View all similar properties here

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 12th, 2026 at 6:40pm EST.

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