Saturday, September 10, 2011

Home Auction Coming Soon!

Another old-home lover alerted us to an upcoming home auction, so we drove by to check it out.  This 2300 square foot home is located on Lantern Road just south of 116th Street in Fishers.  It's a circa 1920s home with many original features and a great setting and location.  Visit their website for open house and inspection dates and to get all the details of the sale requirements.  What a great find for the old-home enthusiasts!

Original hardwood floors throughout.

Original stained woodwork on the box newel posts, coffered ceiling, and built-in cabinetry with leaded glass doors!

This homes sale comes with two lots, with a total of roughly .85 acres. 
That's hard to find in the heart of Fishers! 

So here's where your design skills come in!  From the pictures, the baths and kitchen need an overhaul.  The old lath and plaster walls and ceilings are still in place and are in need of repairs.  The mechanicals, inclusive of the plumbing, electrical, and HVAC, may need attention as well.

Overall this is a wonderful home.  Location, character, setting, and space are all in check.  Add in your personal touches and a little sweat equity with the help of hired professionals where necessary and you've got a great find....IF you buy it correctly!  Renovation costs can add up quickly, so it's a must for an appropriate purchase price to keep the final price in line with area comparables.  Interested and need to know the finer details of the value and potential of this property? 

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