Home For Sale near Morse Lake

Opportunity awaits with this fixer-upper in Cicero, ideal for an investor, flipper, or buyer looking to renovate and create rental income. Set on a nearly half-acre lot, this property offers strong value-add potential both inside and out. The home features a main-floor bedroom, two additional bedrooms upstairs, two full bathrooms on the main level, and a full basement that provides additional space for storage, mechanicals, or future finishing. With the right vision and updates, this property could be a great long-term rental, resale project, or owner-occupied investment. Adding to the opportunity, the property is zoned NC - Neighborhood Commercial, offering flexibility beyond residential use. In addition to continued residential or rental use, the zoning may allow for certain neighborhood-serving business uses, subject to town approvals and requirements. Conveniently located just minutes from the heart of Cicero and Morse Lake, you'll enjoy easy access to local shops, dining, and lake amenities while still benefiting from a spacious lot. Bring your ideas and unlock the potential of this value-add opportunity in desirable Cicero. Buyer to verify permitted uses and approvals.

Property Details

  • Beds: 3
  • Baths: 2.0
  • Sq Feet: 1440
  • Year Built: 1948
  • Location: Morse Lake
  • Acres: 0.460
  • County: Hamilton County
  • Community: No Subdivision
  • Heat/AC: Forced Air, Natural Gas
  • Garage: Carport
  • Siding: Aluminum Siding
  • Roof:
  • MLS #: 22078903

Location

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Contact Information:

Contact Agent
Andy Sheets
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Compass Indiana, LLC
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Ad Statistics:

Lake Home For Sale in Cicero, Indiana
Ad Number : 7127452
Viewed: 137 times
Added: Jan 08, 2026
Updated on: Feb 16, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.