Housing

An $85,000 Wreck of a House for Sale in Elkhart

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There is a house for sale in Elkhart, Illinois, that could be either fixed up or torn down. Based on the state of 750 500th Ave., it is a coin toss. At stake, the $84,900 purchase price.

First, a potential buyer would have to sort out how big or small the house really is. This listing says either two baths or two and a half baths. The sellers agree that it has five bedrooms and 3,000 square feet, and that it sits on 3.9 acres.

The house is only available for cash, and only to the intrepid.

A few choice parts of the listing:

Situated down a long lane just outside of Elkhart, Illinois, you will find this expansive 5 bedroom, 2.5 bath three story Victorian home situated on 3.90 acres — in need of significant repairs — could sure be a stately rural home to truly be proud of for years to come!

How bad could it be? The listing points out:

Private well/septic system to be believed to be on premises but are not warranted. No propane tank on premises currently. Mold is evident in property — USE EXTREME CAUTION WHEN SHOWING/VISITING! Seller will consider CASH offers ONLY. Seller will NOT prorate taxes and/or pay for any seller associated closing costs. Approximate square footage is estimated.

In other words, it may be hard to get an agent to even show it.

Elkhart has a population of 443 people, so an owner would have few neighbors.

For the courageous, the rest of the listing:

Main floor features a large living room with pocket doors, a generous formal dining room with hardwood flooring, antique fireplace, and an additional set of pocket doors, quaint family room area, beautiful kitchen/dining concept with tile flooring, breakfast bar, tile backsplash, ample room for an additional table and chairs, and a neat multi-layered trey ceiling, 22X13 sunken rear den/game room area separated by a set of French doors from the kitchen, large laundry room, full hall bath, and a great side entry/mudroom. Second floor of home features four bedrooms — one is totally separate from the rest and can be found down a rear hall — in addition to a full hall bath with tile flooring. Up another flight of stairs you will find a fifth bedroom featuring great floor space, oversized closet, and a quaint half bath. Property also features a large basement, vinyl sided exterior, wrap around front/side porch, side patio, side deck, as well as two furnaces/two central air units — one for each floor. Three neat older barn structures on premises in addition to an older storage shed.

Live in the shed. It is less expensive.

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