7135 N County Road 300 W Lizton, IN 46149
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About this home
Discover your dream rural retreat with this stunning 5.9-acre property, perfectly blending peaceful country living with modern upgrades and a short commute to the interstate. This could also be perfect for the family that owns their own business and needs outbuildings for equipment! That's not all, Barn 2 has high end in-law quarters or could be used as possible rental income! The 2,232 sq ft main home features 4 bedrooms & 2 bathrooms, including a fully remodeled bathroom & a completely revamped gas fireplace. This year's updates include new siding, roof, windows, interior paint, flooring, a state-of-the-art kitchen with stainless steel appliances & granite countertops, new plumbing with a reverse osmosis system, a tankless water heater, & 2 new HVAC systems. The second system is for the attached garage and 4th bedroom. Enjoy entertaining this fall on the large resealed back patio with a large inset gas firepit. New outdoor lighting has been installed around the entire home. Need internet access in all of your outbuildings & in-law quarters? No problem, there are Wi-Fi extenders & satellites for seamless internet across the property. The fantastic estate includes a chicken coop which could be used for small animals & three versatile barns: Barn 1 (2,400 sq ft) boasts an unused HVAC and 200-amp service, ideal for storage or a workshop; Barn 2 (1,440 sq ft) offers in-law quarters or potential rental income with a full kitchen, bathroom, washer/dryer, tankless water heater, split unit HVAC, & an attached finished garage, also 200-amp service; Barn 3 (2,142 sq ft) is a finished, insulated workshop with a half bath & new HVAC & 200-amp. Perfect for running your business, storing your toys, or a hobbyist dream area. With nearly all upgrades completed in the last two years-most this year-this move-in-ready slice of Heaven is perfect for those seeking space, comfort, and modern amenities. This property isn't just a house; it's a launchpad for endless possibilities.
Source: MIBOR #22055877
Neighborhood
FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.