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Instant equity is yours with your new home at 5601 Milhouse Rd. This 4 bedroom, 1 1/2 bath home is a great investment for the first time buyer or investor willing to put some elbow grease into a project that will pay big dividends. Make no mistake, this home needs significant cosmetic work, but it is livable now and all the heavy mechanical work is done. Within the past two years owner has replaced the roof, the HVAC, all the ductwork, and water heater. There are also new toilets and faucets in bathrooms which are both in good shape. This is a great spot for a home based business with a 24' x 24' outbuilding with ahigh door, as well as a 12'x 24' extension for additional storage or work area. The home also features a privacy fence around the back yard. The one car garage attached to the home was converted to the 4th bedroom but can be converted back to garage if desired. Garage door still operates and is used for additional storage.
Property Type(s):
Single Family
| Last Updated | 5/20/2025 | Tract | Old Mill Park |
|---|---|---|---|
| Year Built | 1979 | Community | 4908 - Marion - Decatur |
| Garage Spaces | 3.0 | County | Marion |
SCHOOLS
| Jr. High School | Decatur Middle School |
|---|---|
| High School | Decatur Central High School |
Additional Details
| APPLIANCES | Microwave |
|---|---|
| AREA | 4908 - Marion - Decatur |
| CONSTRUCTION | Brick, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Eat-in Kitchen, Vaulted Ceiling(s) |
| LOT | 0.27 acre(s) |
| PARKING | Detached |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Old Mill Park |
| UTILITIES | Cable Available, Electricity Connected, Water Connected |
Location
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Listed with Carpenter, REALTORS®
Listing information is deemed reliable, but not guaranteed.
© 2025 Metropolitan Indianapolis Board of REALTORS®
© 2025 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2025.
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