514 E Howard Street
Waveland, IN 47989
Map
- – beds
- – baths
- – sqft
- ~1/2 acre lot
This versatile property offers a rare opportunity with nearly half an acre of usable land and multiple existing structures, making it perfect for investors, builders, or those seeking a flexible live-work setup. The lot currently features a tenant-occupied trailer, a single-car garage, a separate workshop building, and a lean-to - all ready for your vision. With two water and sewer connections, the parcel is primed for expansion. Add a second trailer for additional rental income, or replace the existing unit with a modular or stick-built home. The current trailer is in generally good condition but could benefit from some updates to unlock its full potential. Whether you're looking to expand your investment portfolio or create your own custom homestead, this property offers endless possibilities in a desirable setting.
Last checked:
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Last updated Jul 11, 2025
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MLS# 22049247 —
The Building
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New Construction:false
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Development Status:NoStatus
Location
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Directions:GPS Friendly
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Latitude:39.87844
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Longitude:-87.039769
The Property
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View:true
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Property Type:Land
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Property Subtype:Residential Lots
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Parcel Number:541336111014000006
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Acres:1/4-1/2 Acre
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Lot Features:Access, Not In Subdivision
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Lot Size Acres:0.44
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Lot Size SqFt:19,297 Sqft
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Price Per Acre:125455
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Type:Single Lot
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Divisible:No
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Zoning:R2
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Present Zoning:Single Family
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Topography:Cleared,Level
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Land Characteristics:Not Applicable
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Waterfront:false
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Horse Amenities:None
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Fence:No
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Soil Type:Not Applic
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Road Access:Access Rd
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (765) 376-9451
- Office phone:
- (765) 376-9451
Taxes
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Tax Lot:217
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Tax Year:2024
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Semi Annual Property Tax Amt:1466
Utilities
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Water:Municipal Water on Site
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Water Source:Public
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Sewer:Public Sewer
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Solid Waste:No
Schools
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Elementary School:New Market Elementary School
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Middle Or Junior School:Southmont Jr High School
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High School:Southmont Sr High School
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High School District:South Montgomery Com Sch Corp
The Community
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Subdivision Name:No Subdivision
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Facilities On:Electric,Gas,Sewer,Water & Sewer
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Facilities Near:Cable,Telephone
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Association:false
Extra Units
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Other Structures:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/7/25
Jul 7, 2025
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Listed / Active | MIBOR | $55,200 | |
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5/13/25
May 13, 2025
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Price Changed | MIBOR | ||
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11/13/24
Nov 13, 2024
|
Relisted | MIBOR |
