$550,000

3 Beds   1 Bath   1,056 Sq. Ft.   Commercial
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Lantern Rd
Fishers, IN 46038

Potential Profit
$40,900

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Status: Inactive
Listing ID: 59115556
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Learn about Lantern Rd in Fishers, IN

This commercial property is available as a as-is deal at Lantern Rd. It has 3 bedrooms, 1 bathrooms, and 1,056 square feet of living space. Based on our analysis of the current market conditions in Fishers for Lantern Rd and comparable listings, the estimated market value is $483,450. The property located at commercial has potential equity of $40,900. If purchased for rental purposes, the monthly rental rate could range between $1,420 and $1,740. For those interested in resale, the estimated profit from selling is $40,900. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Lantern Rd are updated daily along with others in Fishers, Indiana.


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Property Information

  • Price: $550,000
  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,056
  • Lot Size: 0.25 acres
  • Year Built: 1950
  • Source ID: 21897564
  • Day(s) On Site: 162
  • Property Type: Commercial
  •  

Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 896
  • Parking: DETACHED GARAGE
  • Parking Sqft: 216
  • Air Conditioning: CENTRAL
  • Fireplaces: STEEL
  • Heating Fuel: GAS
  • Heating Type: WARM AIR
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 10,890
  • Year Built: 1950
  • APN: 29-15-06-101-027.000-006
  • Property Type: Single Family Residence
  • Township: DELAWARE
  • Front Footage: 66
  • Depth Footage: 165
  • Living Sqft: 1,056
  • Garage: DETACHED

As-Is Deal

The property located at Lantern Rd in Fishers, IN is listed as a As-Is Deal

This is an inactive As-Is Deal listing located in Fishers, Indiana. Properties on static.foreclosure.com are typically available for deep discounts that can often reach 50 percent or more!
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Properties that are labeled as "Deals" can be structured in a variety of ways depending upon the condition of the property and its title, and depending upon your own motivation. These properties are not necessarily in a foreclosure, preforeclosure, bankruptcy, etc. and may just be available for sale by the current owner. For the handy person who knows construction and remodeling, purchasing a 'fixer upper' and bringing it up to standards offers terrific potential for profit. Likewise, ‘as is’ properties offer no guarantee as to the condition of the property or its title, but can represent a unique opportunity for the real estate investor willing to make the effort to identify any hidden flaws and factor that into the purchase.

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Rental Value

The estimated rental value for Lantern Rd located in Fishers, IN is $1,580/month. Comparable homes around Lantern Rd that are rentals have monthly ranges starting as low as $1,420 per month and as high as $1,740 per month. An owner looking to use this property as an investment could bring a return in the area of $1,420 - $1,740 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Homes On This Street
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Lantern Rd
Fishers, IN 46038

3 Beds   1 Bath   1,056 sq. ft.   Commercial

$550,000

Status: Inactive Listing ID: 59115556

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Lantern-Rd-Fishers-IN-46038/59115556_lid

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