56708 Lake St, Osceola, IN 46561

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!