2133 Spring St, New Castle, IN 47362$25,000
Located in New Castle, directly east of Indianapolis in Henry County, this single family home with GIANT (912 sq ft) detached garage has a lot to offer! You could fix n' flip it or keep it as a rental. In addition to the 4 beds, 1 full and 1 half baths, the house has some great features including vinyl siding, updated roof, awesome front porch for sipping lemonade, fenced in yard and did I mention that HUGE detached garage!
The new owner could use the garage as their very own mechanic shop or other small business. If you are keeping it as a buy and hold, one idea is to convert the garage to storage space to rent out as another source of income.
Here are a couple recent 4 bed sales within a quarter mile for comps:
117 Reddingdale Dr - SOLD $85k (outdated, 20 DOM, only 0.11 acre and 1 car detached garage)
1935 Broad St - SOLD $99k (15 DOM, only 1 car detached garage)
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