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Listing provided courtesy of DHI Realty IncRay StallingsMLS# 202616541MLS Provider
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3-parcel investment opportunity totaling approximately ±0.34 acre, and containing a site-built home, a manufactured home, and a potential homesite! Being sold together. All parcels are adjacent and occupy the northwest corner of Madison and Division Streets in Oakland City. The first parcel includes a 3-bedroom, 1-bath home with a basement. The interior has been partially gutted but still requires significant renovation to be livable. The second parcel has an older 2BR-1BA manufactured home that also needs some renovations. The third parcel is a vacant lot where a manufactured home previously sat. It may offer the potential for another homesite, subject to verification of utilities and zoning. All three parcels offer potential for rental income after improvements. Properties are being sold as-is.

Source: Indiana Regional MLS, MLS#: 202616541

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  • Property Type
    Residential
  • Lot
    0.34 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 315-311 W Division Street

Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/17/2026Source: Indiana Regional MLS Price Reduction
$49,900 -16.8%
6/16/2026Source: Indiana Regional MLS Price Reduction
$49,900 -16.8%
5/4/2026Source: Indiana Regional MLS Added to Database
May 04, 2026
5/4/2026Source: Indiana Regional MLS Added to Database
May 04, 2026