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427 E Commercial Avenue

Lowell, IN 46356
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Bed 3

Bed

Bath 2

Bath

SqFt2,756

Sqft

Acres0.24

Acre(Lot)

Motivated seller! Will consider all offers. Own a piece of history in the heart of downtown Lowell with the stunning historic Bacon Mansion, a true gem of Lowell's Historic District circa 1865. Brimming with timeless elegance and modern possibilities, this landmark property offers a rare opportunity for those with a passion for preservation. Perfectly suited for your 3 bedroom/2 bath personal residence, a bed and breakfast, upscale restaurant, corporate offices, an enchanting event venue, etc. This stately two-story residence exudes character at every turn. A seamless blend of Italianate and Victorian architecture, the home showcases soaring cathedral and coffered ceilings, exquisite woodwork, and intricate period details that transport you to a different time. Three fireplaces, rich hardw oods, and large, light-filled windows add warmth and charm to the inviting interior. The commercial-grade kitchen is equipped with a stainless steel island and range/hood, setting the stage for culinary creativity. The upper level features spacious bedrooms, while the thoughtfully designed main-floor common areas offer flexibility for various business operations. Unique to this home is a shower room with an over-sized closet upstairs and a commercial kitchen on the main floor, catering to both residential and hospitality needs. Listed as a historic building on the National Registry, this landmark property requires exterior modifications to be approved by the Lowell Historic Preservation Board, ensuring its charm remains protected for generations to come. This is your chance to write the next chapter of this extraordinary property's story. Seize this once-in-a-lifetime opportunity to own a piece of Lowell's past--while shaping its future. Being sold As-Is.

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Detail Ic Property Details

Property Type : Residential

Price : $249,900

AD Id : 62596769

MLS Id : NRA815966

Beds : 3

Lot Size : 0.24 Acre

Living Area Size : 2,756

Year Built : 1865

County : Lake

Subdivision: Myrtle Trace At Plantation

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Feature Features

  • Bedroom Information

    Total Bedroom: 3 Room Types: Bonus Room, Other Room, Primary Bedroom, Living Room, Library, Kitchen, Dining Room, Bedroom 3, Bedroom 2

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 9 Has Basement: Yes

    Interior Features

    Cathedral Ceiling(s), Walk-In Closet(s), Wet Bar, Kitchen Island, High Ceilings, Crown Molding, Ceiling Fan(s) Appliances: Gas Range Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Heating & Cooling

    Heating: Baseboard, Hot Water WaterSource: Public

  • Building Information

    Year Built: 1865
  • Exterior Features

    Balcony, Private Yard
  • Pool Features

    Private Pool: None

  • Lot Information

    Lot Dimensions: 84x128 Lot Description: Back Yard, Landscaped, Front Yard, Corner Lot Lot Square Feet: 10324 Lot Acres: 0.237

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Traditional, Other, Victorian Structure Type: Flex, Retail, Office

  • Tax Information

    Tax Legal Description: CLARKS ADD. E. 82 FT. LOT 30 & S.47FT OF E.82FT OF LOT 29 EX. PT. IN R/W Annual Tax: $2898 Tax Year: 2024 Parcel Number: 451923452026000008

  • Parking Information

    Additional Parking, Paved, On Street

  • School Information

    Senior High School: Lowell Senior High School
  • Utility Information

    Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: Clarks Add City: Lowell Direction: Property is located on the North side of E. Commercial Ave. in between N Fremont St and Clark St.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1115 E 181st Avenue, Lowell, IN, 46356 $439,000 3 2 3,310 3,310 SqFt
263 W 163rd Avenue, Lowell, IN, 46356 $774,900 4 3 2,732 2,732 SqFt
16393 Hendricks Street, Lowell, IN, 46356 $596,000 3 3 1,808 1,808 SqFt
16669 Noble Street, Lowell, IN, 46356 $959,900 3 3 2,454 2,454 SqFt
17814 Hillside Drive, Lowell, IN, 46356 $324,901 3 3 1,517 1,517 SqFt
17802 Hillside Drive, Lowell, IN, 46356 $364,202 3 2 1,455 1,455 SqFt
17823 Creekview Court, Lowell, IN, 46356 $349,000 3 3 2,407 2,407 SqFt
4137 167th Avenue, Lowell, IN, 46356 $1,295,000 4 5 3,533 3,533 SqFt
4200 W 161st Avenue, Lowell, IN, 46356 $1,350,000 4 6 7,041 7,041 SqFt
16182 Lakewood Street, Lowell, IN, 46356 $529,900 3 4 3,178 3,178 SqFt
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ByOwner last updated this listing 06/11/2026 @ 06:20

MLS: NIRA #815966 LISTED BY: Sarah Perfetti, Northwest Indiana Real Estate 219-696-9600 SOURCE: Northwest Indiana REALTORS® Association (formerly GNIAR) (Listings courtesy of Northwest Indiana REALTORS® Association (formerly GNIAR) as distributed by MLS GRID)

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