
348 W Middle St
Rosedale, IN 47874
3
Bedrooms
2
Bathrooms
1,350
Sq Ft
2005
Year Built
About This Property
Mini-farm opportunity on approximately 8 acres of rolling pasture and grassland with beautiful country views! Enjoy the best of both worlds-small-town living with the privacy and seclusion of your own acreage. The home was built around 2005 and features a unique design that is partially built into the side of a hill, which may provide excellent energy efficiency. The property is connected to city water, and electric service has already been run to the home. Approximately two years ago, the home suffered a fire. It has since been gutted to the studs and a new roof has been installed, leaving it ready for the next owner to redesign the floor plan, expand the home, or finish it to their own taste. If you're looking for a property that just needs a little paint and carpet, this is not it. Expect a substantial renovation, likely $100,000 or more, depending on your finishes and plans. The home is essentially a shell and will require new electrical, plumbing, HVAC, insulation, drywall, siding, windows, kitchen, bathrooms, flooring, and other finish work. However, the structural framework appears to be sound, offering an excellent foundation for your vision. Whether you're looking for a custom home project, a mini-farm, or a secluded country retreat with incredible hilltop sunsets, this property offers a rare opportunity to build equity and create something truly special. Broker owned. Possible seller financing available with as little as 10% down for qualified buyers. Directions, take main street north of town 1 block to Middle, then take Middle west until it dead ends into a shared gravel driveway. Follow the gravel drive straight up the hill to the house on top of the hill. Do not take the driveway to the right.
Property Details
Property Type
Single Family
Year Built
2005
HOA
None
Listed Price
$200,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Investment Metrics
Why This Cash Deal?
- ✓ Strong investment opportunity
- ✓ Quick close possible
- ✓ Ideal for flips or rentals
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Rosedale
What is owner financing for 348 W Middle St?
Owner financing means the seller of 348 W Middle St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Rosedale, IN is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Rosedale home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Rosedale property.