Albemarle · Albemarle, NC
16653 Indian Mound Road
Albemarle, NC · 1,115 sqft
$227,000
Reduced from $250,000
- 3Beds
- 1Baths
- 1,115SqFt
- 1966Year
- 38Days on market
About this home
Welcome home to this beautiful brick ranch near Lake Tillery! Nestled on 1.5 acres, this 3-bedroom, 1 bath home offers the perfect combination of space, updates, and functionality.
Inside, you'll find brand-new flooring throughout. The spacious layout provides comfortable living, while the full basement with a wood-burning stove offers endless possibilities for additional living space, a workshop, recreation room, or extra storage.
Outside, you'll love the detached 2-car shop/garage, perfect for mechanics, hobbyists, boat storage, or woodworking, along with an additional storage building in the backyard. The expansive lot provides plenty of room for gardening, outdoor entertaining, RV or boat parking, and enjoying peaceful country living.
Located just minutes from Lake Tillery, this property is ideal for those looking for a primary residence, lake-area home, or investment opportunity with easy access to boating, fishing, golf, hiking, and local dining.
Features include:
Brick ranch 3 Bedrooms 1.5 Acres Brand-new flooring Full basement Wood-burning stove Detached 2-car shop/garage Storage building Large backyard Near Lake Tillery No HOA
This property offers the space you've been looking for with the convenience of being close to Lake Tillery while enjoying the privacy of country living. Schedule your private showing today!
Property details
- Beds
- 3
- Baths
- 1
- SqFt
- 1,115
- Lot
- —
- Year built
- 1966
- Type
- Single Family
- Days on market
- 38
- Heating
- Propane
- Cooling
- Central Air
- Foundation
- Basement
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,642/ month
- Principal & interest
- $1,405
- Property tax (~0.90%)
- $170
- Homeowners insurance
- $66
- HOA dues
- —
Down payment
$11,350 down · $215,650 financed
Income to qualify (28% rule)
~$70,386 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.