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PRICE $240,000 dsIDX morgage calculator
BEDS 3
BATHS 3
HOME SIZE 1,852 sqft
LOT SIZE 11,762 sqft

Rare value-add opportunity in a highly desirable Lima location near Ottawa Reservoir. This 3 bedroom, 3 bathroom ranch offers 1,852 sq ft on the main level with an additional 1,683 sq ft full unfinished basement, creating the potential to finish into a 5 bedroom, 4 bathroom home depending on your layout. Originally designed with a functional ranch floor plan, the home is now approximately 90% demoed on the interior"”providing a true blank slate for investors, builders, or buyers looking to customize from the ground up. Major capital improvements have already been completed, including a brand new roof, new siding, new windows, and a new furnace located in the garage. An AC unit is on-site and ready for install. The property also features a brand new poured concrete driveway with a large apron, along with a concrete patio off the sliding glass door"”ideal for future outdoor living space. Positioned just minutes from Ottawa Reservoir, the location supports strong resale demand and long-term value. After repair value is estimated between $360,000-$385,000 depending on finish level and design execution. Property is being sold as-is. Cash or conventional financing only.

DAYS ON MARKET 1 LAST UPDATED 4/28/2026
TRACT None YEAR BUILT 1965
GARAGE SPACES 2.0 COUNTY Allen
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Lima
Jr. High School Lima
High School Lima


ADDITIONAL DETAILS
AIR None
BASEMENT Concrete, Unfinished, Yes
CONSTRUCTION Brick, Vinyl Siding
FIREPLACE Yes
GARAGE Yes
HEAT None
INTERIOR Open Floorplan
LOT 0.27 acre(s)
LOT DIMENSIONS 100X118
PARKING Additional Parking, Concrete, Driveway, Attached, Garage
SEWER Public Sewer
STORIES 1
SUBDIVISION None
UTILITIES Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Century 21 Sunway Realty

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than AmeriMade Realty, LLC are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Listing information is deemed reliable, but not guaranteed.

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Data last updated: 4/29/26 9:42 AM PDT

This IDX solution is (c) Diverse Solutions 2026.