$2,078

closing credit¹

56708 Lake St Osceola, IN 46561

$175,000
2 beds
1 full
1.1 acres
$150 / sqft
House

Property details

About 56708 Lake St

Nestled between Vistula and Lincoln Way in the sought-after Penn-Harris-Madison school district, this 2-bedroom, 1-bathroom home offers incredible potential on a spacious 1.14-acre lot. Perfect for those looking to put their personal touch on a property, this home is ideal for cash or conventional buyers. As you enter through the mudroom/vestibule, you’ll step into a generously sized living room featuring original wood floors that extend into both bedrooms. The functional layout seamlessly connects the living space to the kitchen and dining areas, making it easy to envision gatherings and everyday living. The unfinished basement offers additional potential, with a wood-burning fireplace and laundry area ready to be transformed to suit your needs. Outside, you’ll find a 2-car attached garage and a fully fenced yard, perfect for privacy and pets. The in-ground pool has been professionally maintained and closed for the 2024-2025 winter season, offering summer fun just waiting to be enjoyed. Additional features include backyard storage sheds and plenty of space for hobbies or gardening. While this home requires updates and repairs, it presents an incredible opportunity to create the home of your dreams in a serene setting with ample space to spread out. Don’t miss the chance to bring your vision to life—schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Cont-AccptngBackupOffers)
CoolingCentral Air
Lot size1.14 Acres
Year built1947
MLS #202500624
Attached garage2 spaces
FireplaceWood Burning, Basement

Virtual tour

Summary

  • MLS Number: 202500624
  • Office Name: Howard Hanna SB Real Estate
  • Office Phone: (574) 207-7777
  • Listing Agent: Aaron Cowham

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/24/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$175,000

56708 Lake St

$2,078

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2020$137,800$1,266
2019$139,800$925
2018$119,900$1,054
2017$124,200$1,065

History based on county public records data.

Nearby schools

8

Moran Elementary School

Public District KG-5

0.7 mi

305 N Beech Rd

7

Bittersweet Elementary School

Public District PK-5

1.1 mi

55860 Bittersweet Rd

6

Twin Branch Elementary School

Public District KG-6

1.4 mi

3810 Lincolnway E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,457. Typical income of Osceola, IN residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

37%
<35k
46%
35k-100k
14%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
15%
Single, with Kids
29%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
39%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • College FootballCollege Football
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Best BuyBest Buy
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Texas RoadhouseTexas Roadhouse
  • SonicSonic

What do the neighbors drive?

  • FordFord
  • RamRam
  • KiaKia

What do the neighbors listen to?

  • New CountryNew Country
  • Contemporary ChristianContemporary Christian
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 56708 Lake St

This home is located at 56708 Lake St in Osceola, IN and zip code 46561. This home, which was built in 1947, sits on a 1.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $175,000.

While more than 3 listings in Osceola, IN in December 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 11 were sold below. The number of homes for sale in Osceola, IN decreased by 13.6% between November and December 2024.

From Rocket Homes Real Estate and based on county public records data.

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