11294 N 200 Open House Save Request In-Person Tour Request Virtual Tour
Sumava Resorts,IN 46379
OPEN HOUSE
Mon Jun 23, 4:00pm - 6:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $93
Subdivision Sumava Resorts
MLS Listing ID 822807
Bedrooms 3
Full Baths 1
Three Quarter Bath 1
Year Built 1965
Annual Tax Amount $3,222
Tax Year 2024
Lot Size 5.137 Acres
Acres 5.137
Property Sub-Type Single Family Residence
Property Description
Over 5 HEAVILY WOODED ACRES within a stones throw of the Grand Kankakee River. This estate lies in the far southeast corner of Sumava Resorts and offers total seclusion and privacy while perched upon THE HIGHEST ELEVATION in the area. Offered to the public for the first time, this well built and I do mean well built (walkout basement foundation is rock solid and bone dry on sand knoll and framing members are sturdy and up to code) is ready for it's next owner after 60 years in the same family. A DIY or investor opportunity as all that is needed is clean up and cosmetics, but is completely habitable in its as is state. Tenants currently leasing and wanting/willing to stay if desired by next owner, an easy cash flowing opportunity with rent well under market rate and plenty of room for increase. Dedicated electric service meters on each level with separate ingress and egress to host multiple tenants allows easy conversion to multi unit to increase cash flow with minimal effort. If the idea of landlord doesn't fancy you, rest assured this is a fantastic equity play for entry level buyer or tradesman with the know how to pour a little sweat equity into property for a sprawling single family home with potential for 3,200 square feet of living space under roof. Currently offering 3 beds and 1 bath on main level, with walkout basement equipped with dedicated kitchenette and bath. Sitting in the cradle of Kankakee River Valley, the property is flanked by mature woods, 100s of acres of corn/soybean fields, and river channels and is a major crossing area for whitetail and water fowl from river to Northern Newton County woods, fields, and prairie. An ideal hunting and fishing lodge for those looking for an affordable retreat while still being in close proximity to Chicago Land. Less than 1 mile from LaSalle Fish and Wildlife Area, a Mecca for outdoorsmen, offering public boat launch, river access, trails, and an additional 4,511 acres of nature conservancy.
Location
State IN
County Newton
Interior
Interior Features Open Floorplan
Heating Baseboard,Natural Gas
Fireplace N
Appliance Dryer,Washer,Refrigerator,Microwave
Exterior
Exterior Feature Private Yard
View Y/N true
View true
Building
Lot Description Horses Allowed,Private,Wooded
Story One
Others
Tax ID 560403700010000012
SqFt Source Assessor
Acceptable Financing NRA20250619150305408743000000
Listing Terms NRA20250619150305408743000000