Legacy HomesLegacy Homes
This is a prime off-market investment opportunity offering significant upside for experienced investors. Sitting on just under 3 acres in LaPorte, Indiana, this property requires major renovations but presents an excellent opportunity to unlock substantial equity and maximize returns.
Currently configured as a 3-bedroom, 2-bathroom single-family home, the property features a spacious layout with a full unfinished basement offering additional value-add potential. Adding a 4th bedroom in the basement would provide the strongest configuration for maximizing the property's ARV.
The home also features an attached 2-car garage, large back patio space for entertaining, and concrete shingle roof. Several building materials currently at the property are included in the sale, along with a brand-new stove and refrigerator, giving the next investor a head start on the renovation.
Estimated Repairs: $80,000–$90,000
After Repair Value (ARV): $510,000–$520,000
With nearly 3 acres of land, a desirable 4-bedroom potential layout, full basement, attached garage, and substantial renovation upside, this property offers multiple opportunities to create value. Whether you're looking to renovate and resell or reposition the property as a long-term investment, the combination of acreage and additional basement potential makes this a unique opportunity in the LaPorte market.
📲 Contact us today at (219) 500-6279 for full details, scope of work, and access.
3 Bedrooms | 2 Baths | 2,184 ft
2 Bedrooms | 2 Baths | 1,664 ft
2 Bedrooms | 1 Baths | 680 ft
5 Bedrooms | 3 Baths | 2,392 ft
