Welcome to 1405 Ivy Lane.This Bi-Level home offers two levels of spacious living and many possibilities! Upon entering the home, a few steps up takes you to the main level, offering hardwood floors throughout. An open living room enjoys natural light from the large bay window, and leads you to the dining area and eat-in kitchen. The kitchen is ready for your personal makeover with lots of possibilities. The main bedroom has a private bath and ample closet space. Two additional bedrooms and a hall bath finish off the main floor of the home. The lower level is quite surprising with the amount of additional living space it provides. A large family room with floor to ceiling brick fireplace provides a large space for family gatherings and looks out to the sunroom in the rear. For convenience, a ceramic tile powder room and laundry room are also on this level. Also encounter a separate room with 2 closets offering a fourth bedroom option with a private separate entrance. You will also find another room with a closet and window that would be perfect for a home office or workout room! This lower level was once an in-law suite with a kitchenette. (Kitchenette has been removed and was a part of the oversized family room) From this lower level you can access the sunroom, brick patio area and large rear yard. The property backs to Hancock Street Park. Rexdale Park is conveniently located just down the street; offering swings and play equipment, perfect for this time of year! Bring your decorative touches, with some updating this home will be a showplace! Interior has just been freshly painted. Award winning North Penn School District, and convenient access to Routes 202, 309, Montgomery Mall, Costco and many restaurants and shopping in the Montgomeryville area.