0.56 Acres Lot
Investor Opportunity in Cloverdale, Indiana – Spacious Fixer-Upper with Endless Potential at 105 Hurst Avenue
Unlock the Potential of This Promising Investment Property
If you are searching for a property that offers both value and opportunity, 105 Hurst Avenue in Cloverdale, Indiana is a standout option. This two-bedroom, one-bath home is ideal for investors, renovation professionals, or buyers looking to customize a home to their exact preferences. With a spacious layout, solid structure, and a desirable location surrounded by well-maintained homes, this property provides a strong foundation for transformation.
While the home does require substantial renovation, it presents a rare chance to create a comfortable residence or profitable investment in a quiet and welcoming community.
Property Overview: Space and Flexibility
This single-family home offers approximately 1,568 square feet of interior living space, all situated on a single level for convenience and accessibility.
Key Property Highlights:
- 2 bedrooms (with potential for a third)
- 1 full bathroom (with potential for a second)
- 1,568 sq ft of living space
- 0.56-acre lot
- Full unfinished basement
- Porch and deck for outdoor living
- Located in a quiet residential neighborhood
The generous square footage and flexible layout make this home an ideal candidate for renovation and modernization.
Interior Layout Designed for Possibilities
One of the most attractive features of this home is its spacious and adaptable interior layout. The current design includes multiple living areas, providing a strong base for reconfiguration.
Main Living Areas:
- Large living room with ample natural light
- Separate family room for additional living space
- Kitchen with room for upgrades and redesign
These spaces allow you to create an open-concept layout or maintain distinct areas depending on your design preferences.
Bedrooms and Expansion Potential
Currently, the home features two main-level bedrooms, both equipped with closets. However, the existing floor plan provides opportunities for expansion.
Bedroom Features:
- Primary bedroom on the first level
- Second bedroom with closet
- Additional flexible spaces that could be converted into a third bedroom
With the right renovations, you could easily increase the home’s value by adding more sleeping areas, making it more appealing to families or renters.
Bathroom Layout and Upgrade Opportunities
The home includes one full bathroom, but there is clear potential to add a second bathroom.
Opportunities Include:
- Expanding the existing bathroom
- Adding a second bathroom in unused space
- Creating a modern, updated design
Upgrading bathrooms is one of the most effective ways to increase both comfort and resale value.
Full Basement with Endless Uses
A major advantage of this property is the full unfinished basement, which offers significant additional space.
Basement Features:
- Daylight access
- Ceiling height of approximately 7 feet or more
- Laundry hookups already installed
Potential Uses:
- Storage area
- Workshop or hobby space
- Finished living area
- Home office or gym
Finishing the basement could dramatically increase the home’s usable space and overall value.
Outdoor Space and Lot Benefits
Situated on a 0.56-acre lot, this property provides plenty of outdoor space for landscaping, recreation, or expansion.
Exterior Features:
- Concrete parking area
- Porch for relaxing outdoors
- Deck for entertaining
- Large yard with room for gardening or outdoor activities
The generous lot size is a major asset, offering flexibility that is often hard to find in similar properties.
Construction and Structural Details
Built in 1966, this home features a durable structure that serves as a solid base for renovation.
Construction Highlights:
- Frame construction
- Aluminum siding exterior
- Shingle roof
- Single-pane windows
While updates will be needed, the existing structure provides a reliable starting point for improvements.
Utilities and Infrastructure
The property includes essential utilities, making it easier to begin renovations immediately.
Utility Features:
- Electric heating system
- Public sewer connection
- Existing kitchen appliances (refrigerator and electric range/oven)
- Laundry hookups in the basement
These elements reduce the complexity of initial upgrades and allow you to focus on design and finishing work.
A Fixer-Upper with Strong Investment Potential
This property is being sold as-is, making it a perfect opportunity for buyers who are ready to take on a renovation project.
Why This Property is Ideal for Investors:
- Low price per square foot ($32/sq ft)
- Large interior space for value-added improvements
- Flexible layout for customization
- Located in a stable neighborhood
With strategic upgrades, this home could see significant appreciation in value.
Perfect for Renovation Enthusiasts
If you enjoy transforming spaces and creating something unique, this home offers the perfect canvas.
What You Can Create:
- A modern family home with updated finishes
- A rental property with strong income potential
- A personalized living space tailored to your needs
The possibilities are limited only by your imagination.
Location Benefits: Cloverdale, Indiana
Located in the peaceful community of Cloverdale, this property offers a balance of quiet living and accessibility.
Neighborhood Advantages:
- Surrounded by well-maintained homes
- Quiet residential setting
- Convenient access to local amenities
This type of neighborhood setting is highly desirable for both homeowners and renters.
Financial Highlights
From a financial perspective, this property offers strong value and potential return on investment.
Key Financial Details:
- Price per square foot: $32
- Tax assessed value: $151,000
- Annual property taxes: $2,532
These numbers highlight the opportunity to purchase below market value and build equity through improvements.
Renovation Ideas to Maximize Value
To fully unlock this property’s potential, consider the following upgrades:
Interior Improvements:
- Install modern flooring and finishes
- Update kitchen with new cabinets and appliances
- Renovate bathrooms with contemporary fixtures
Exterior Enhancements:
- Improve landscaping and curb appeal
- Upgrade windows for energy efficiency
- Add outdoor living features
Layout Changes:
- Convert extra space into a third bedroom
- Add a second bathroom
- Create an open-concept living area
These changes can significantly increase both usability and market value.
Key Features at a Glance
- 2 bedrooms with expansion potential
- 1 full bathroom
- 1,568 sq ft of living space
- Full unfinished basement
- 0.56-acre lot
- Porch and deck
- Quiet neighborhood location
- Strong investment opportunity
Important Considerations
Before purchasing, buyers should keep in mind:
- Property requires substantial renovation
- Being sold in as-is condition
- Older systems and finishes may need updating
- No garage included
However, these factors are reflected in the price and create opportunities for value growth.
Why This Property Stands Out
In today’s real estate market, properties with this level of potential at an affordable price point are increasingly rare.
This home stands out because of:
- Its size and flexible layout
- Large lot and outdoor space
- Full basement with additional potential
- Location in a stable community
It offers the perfect combination of affordability and opportunity.
Create Value, Build Equity, and Design Your Future
Whether you are an investor looking to flip a property, a landlord seeking rental income, or a homeowner ready to build your dream space, 105 Hurst Avenue delivers the foundation you need.
With the right vision and effort, this fixer-upper can be transformed into a highly desirable home that meets modern standards while maximizing value.
Final Thoughts: A Smart Investment with Endless Possibilities
This Cloverdale property is more than just a house—it’s an opportunity to create something meaningful and profitable. With its generous space, flexible layout, and strong location, it provides everything needed for a successful renovation project.
Opportunities like this don’t last long. If you’re ready to take on a rewarding challenge and unlock the full potential of this home, now is the time to act.
Take the Next Step
Bring your tools, creativity, and vision to 105 Hurst Avenue and turn this fixer-upper into a standout property.
Invest wisely. Renovate boldly. Create something extraordinary.
Listed on Zillow
