Five Lots, Three Acres, Two Homes — One Incredible Opportunity. Nestled deep in the heart of Somerset, this unique property offers unmatched peace, privacy, and potential. Situated on five lots totaling approximately three acres, you’ll find two homes ready to be transformed into your own personal retreat just off the banks of the Mississinewa River. The main home features a distinctive artistic character and solid structure, needing only a few finishing touches and modern updates to become a truly one-of-a-kind residence—perfect for a small family seeking charm and creativity. The second home offers incredible flexibility. Restore its original farmhouse charm or convert it into a private in-law suite, or guest house. Built to last, it provides a strong foundation for whatever vision you have in mind. Whether you’re dreaming of renovating, building, or creating your own secluded getaway, this property offers endless possibilities in a peaceful natural setting. Don’t miss your chance to own your own piece of paradise.
Welcome to 15 S Second Street in Somerset! Offering roughly 1,512 sq ft of living area, this home provides tons of potential. Built in 1991, the property features an attractive brick exterior, shingle roofing, and a practical open concept layout throughout. Inside, you’ll find an open concept living room, kitchen with dining area and family room, 3 bedrooms, an 8 x 4 laundry room, and 2 full bathrooms—one with a tub/shower combo and the other with a convenient stand-up shower. Outside, enjoy an attached finished 2-car garage and concrete driveway plus a 20x23 detached finished brick garage, perfect for hobbies, extra storage, or additional parking. The home also includes a welcoming front covered porch and a back open patio, ideal for outdoor relaxation. With a nicely sized yard and generous space inside and out, this property is ready for you to make it your own in the relaxing town of Somerset nestled into the edge of Mississinewa Reservoir and state forest area !

Somerset is located in Indiana. Somerset, Indiana has a population of 361. Somerset is more family-centric than the surrounding county with 30.63% of the households containing married families with children. The county average for households married with children is 26.52%.
The median household income in Somerset, Indiana is $76,250. The median household income for the surrounding county is $59,611 compared to the national median of $69,021. The median age of people living in Somerset is 56.6 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 40.5 inches per year, with 29.2 inches of snow per year.