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(SOLD) $38,000

5277 S Lincoln Street Somerville, IN  47683

Property Description for 5277 S Lincoln Street Somerville, IN 47683

This is a great and unique opportunity in the East Gibson area. 1.)To start we have a beautiful church that not only seats 100-150 in its perish, it also offers a full basement of classrooms and plumbing throughout. For an investor this could be easily transitioned into a multi-family residence providing a steady stream of revenue. The property is SOLD "AS IS" 2.)The Second building in the purchase is something that makes a deal like this something special, IT's a 50x80 Metal framed Pole Barn; built on a concrete slab that has drains built in. With electric already ran to the building, This 4000 sqft. pole barn can be used for anything from storage, a business, or turn into apartments. The opportunities are endless. The Property is SOLD "AS IS" Both Buildings are included on the one parcel. The seller is willing to sale the buildings separate if the surveying and recording of the separate parcel would be paid at the closing by the buyer. If bought separate. BUILDING #1 Church $52,000 BUILDING #2 Pole Barn $66,000

Address:5277 S Lincoln Street Somerville IN 47683
Status:Sold
Sold On: 3/8/2024
Price:$118,000
Bathrooms:0
Year Built:1947
Lot Size:0.29
County: Gibson County
Township: Barton
MLS #:202402608
Property Type:Special Purpose

Lot Dimensions:38x105; 55x125; 15x110
Directions:Go West on Highway 64 from Princeton, IN 12 miles, Take right on Highway 57 3.5 miles, take left on E. Main St. 900 feet, take left on Lincoln 100 feet on left.
Basement:Yes

Loan Price
$214
Price And Interest $198/month
Property Tax $0/month
MTG INS $0/month
HOME INS $16/month
Price
$38,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$192 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
3rd Bedroom 2 x 1 Info Not Available
4th Bedroom 1 x null Info Not Available
Den 2 x 3539 Info Not Available

Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47683

Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company
Customer Service Evansville
Additional Phone (812) 402-0200
F.C. Tucker Company

Schools in 5277 S Lincoln Street Somerville, IN  47683


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Listing provided courtesy of Andrea White and Matthew White with RE/MAX REVOLUTION

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



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