514 E Howard St, Waveland, IN 47989

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.