22 206th

Sheridan, IN

$95,000

22 206th, Sheridan, IN 46069

Sheridan, IN 46069 · Horton Original

MLS# MBR22129354

Listed 1 day ago

2 Beds
1 Baths
1,242 Sq. Ft.

About this home

ATTENTION REHAB VISIONARIES, LAND-BANKERS & BUILDERS! Here is your chance to unlock serious opportunity in Hortonville, just outside the multi-million $ Chatham Hills neighborhood & the HOT town of Sheridan, positioned directly in the path of growth. This property sits close to the upcoming Ironstone Master Plan, a massive new Planned Unit Development, bringing hundreds of luxury single-family homes and townhomes to the forgotten burg of Hortonville. The heavy wave of new infrastructure and commercial investment heading this way will shift local values exponentially, sooner rather than later. Investors have total flexibility with two clear plays on this parcel. You can run a quick value-add rehab on the existing house to cash in on rental demand OR flip into a low-inventory market. Alternatively, clear the lot, land-bank the site, and sit back while surrounding mega-projects drive land values sky-high. Massive upside, flexible exit strategies, and a front-row seat to Hortonville's expansion make this a rare addition to any portfolio. Selling strictly AS-IS, WHERE-IS - bring your contractors, developers, or buy-and-hold funds. No value has been given to the structure, though it was inhabited until end of September, 2026, as a long-term rental. Inspections are FYI only, seller will entertain no repair requests. No AS IS Addendums or inspection contingencies - what you see is what you get. Sold for tear-down value, but what you can make of it is your perrogative.

Property Details

Type
Residential
Year Built
1900
Lot Size
0.29 acres
Listed
1 day ago
County
Hamilton
Listing Office
Carpenter, REALTORS®
Listing Agent
Maddie Russin

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Estimated monthly payment

$480/mo

Principal & interest
$480
Loan amount
$76,000

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Listed by Carpenter, REALTORS® with Maddie Russin.

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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of October 3, 2026 at 11:30 PM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Based on information submitted to the MLS GRID as of October 3, 2026 at 11:30 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.