24 Lilly Lane, Springville, IN 47462
- $150,000
- 60,984
- SqFt
- Sold Price
- $150,000
- List Price
- $150,000
- Closing Date
- Nov 10, 2025
- MLS#
- 22054185
- Property Type
- Commercial Sale
- Sqft. of Residence
- 60,984
- Days on Market
- 96
- Status
- SOLD
Property Description
Turn-Key Mobile Home Community in Springville, IN! Located on 1.4 acres in tranquil Lawrence County, this well-maintained mobile home community presents a solid investment opportunity with consistent income and long-term tenants. The property features four pads, all currently occupied by tenants who wish to remain under new ownership-ensuring immediate cash flow and stability. Two of the pads include mobile homes owned by the seller, which will convey with the purchase. These units have been thoughtfully cared for, with HVAC systems serviced annually, a new hot water heater installed in one unit this year, and roofs that are under five years old-offering peace of mind and minimal upkeep. All pads are connected to municipal water, and the septic system is professionally serviced each year. Tenants are responsible for trash and lawn maintenance, keeping operating costs low and management simple. This is a clean, quiet community with a strong rental history and reliable tenants-perfect for investors seeking a low-maintenance, income-generating property. Detailed income and expense breakdown available upon request. Property will be offered onsite at public auction on September 9th, at 6:30PM. To be a bidder, valid ID & proof of funds or preapproval letter. 10% BP due the day of auction from the winning bidder. 30 days to close. Schedule a private showing today!
Additional Information
- Acres
- 1.40
- Heat
- Forced Air
- Cooling
- Central Air
- Financing
- Conventional
- Region
- Perry
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Listing courtesy of Freije Real Estate. Selling Office: Freije Real Estate.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative