Waterfront - Primary on Main
Address
1945 E Truman Avenue, Princeton, IN
Price
$ 1,750,000
Property Attributes
  • MLS#202222968
  • TypeSingle Family
  • CountyGIBSON
  • CityPrinceton
  • AreaPatoka
  • Zip47670
  • StyleSite-Built Home
  • Year Built1979
  • Taxes$ 6856
  • Price$ 1,750,000
  • Bedrooms1
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1281
  • Lot Size85.2 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property Description

You will not find another opportunity like this! We are offering an incredible 85 +/- acre property, that was once a fully functioning horse farm and was set-up for further development. It includes an absolutely beautiful 9 +/- acre lake on the edge of Princeton. There is near-complete privacy provided by the thick tree lines that surround most of the perimeter. You will feel like you are miles from town. A gated entry can be found from East Truman Avenue, onto the 1000+ foot long paved road and to the east side of the lake, the cabin, and several of the buildings. There is also an entry point on Kennedy Drive, where evergreen trees line both sides of the long pathway that will take you to a horse barn and the lake. There are two access points on N. Wilson Ave., and there is also some road frontage on E. Taftown Road. There are 25 +/- acres of fully fenced pasture land found on the rolling hills that run throughout the estate. This property also includes a sewer lift station that is maintained by the city of Princeton, and could support multiple homesites. The original structures that were once used for the horse farm were built as late as 1990. With updates, all of these can be functional again. The lake, which is full of bass, bluegill, and crappie, is large enough for jet skiing and other recreation, and has an island and beach area. The possibilities are endless. With its proximity to town, the picturesque setting, and substantial infrastructure already in place, what can you dream? a business retreat? A residential development? Or a stately mansion, positioned with breathtaking views of the lake, the woods, and the wildlife? Or do you have something else in mind? 3 miles to Princeton Community High School. 3 miles to Deaconess Gibson Hospital. 4.5 miles to TBIN. 6 miles to the Toyota plant. Princeton zoning is R-4. Structures include: - a 1 BR/1.5BA cabin/home on the lake - a huge 30x60 pole barn with 12' sides, concrete, electric, and with a spacious 9x43 lean-to - an enormous 54x106 Morton building with 12' side walls, with multiple quality-made stalls, a large breeding stall, and a riding arena inside - a 23x40 traditional barn with loft, and a 10x40 lean-to for extra storage - a 47x24 stable with concrete floor, electric and multiple stalls - a 48x36 stable with hay loft, electric, and multiple stalls - other smaller stables and sheds are located strategically throughout the property

Elementary School Middle School High School
Princeton Elementary School Princeton Middle School Princeton High School
Price History
6/10/2022 Listed $1,750,000

General Features

Age 43
Agent First Name Ray
Agent Last Name Stallings
Assoc. Dues Frequency Not Applicable
Basement None
Bathrooms 2
Branded Virtual Tour https://www.youtube.com/embed/oF-HTMr41ro
Cooling Central Air
Elementary School Princeton
Fireplaces No
Full Baths 2
Heating Propane
High School Princeton
Laundry Y/N N/A
Legal Description PT NE 8 2 10 84.4716 AC C-1, DIKE ENLG TRACT 70, DIKE ENLG TRACT 76 PT/77 PT (3 parcels)
Listing Area Gibson County
Middle School Princeton
New Construction No
Pool Y/N No
REO No
School District North Gibson School Corp.
Sewer Public
Status Active
Status Active
Style One Story
Subdivision None
Tax Year 2022
Total Sq Ft 1281
Type Site-Built Home
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202222968
Water Access Type Lakefront
Waterfront Pond
Year Built 1979

Interior Features

1st Bedroom Level Main
1st Bedroom Width 11
Above Grade Bedrooms 1
Basement Y/n No
Beds 1
Full Baths Main 1
Full Baths Upper 1
Total Rooms 5

Exterior Features

Approx. Lot Size Acres 85.2
Exterior Wood
Lot Description Rolling
Lot Dimensions irregular
Lot Size Area 3711312
Off Street Parking Y/n Yes
Road Access City
Road Surface Asphalt
Water Features Private Beach
Waterfront Y/N Yes

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on September 26, 2022 4:00 AM UTC

Property vs Single Family Average in 47670

Price
AVG $260K
$1.75M
Taxes
AVG $1,460
$6,856
Visits
AVG 15
44
Year Built
AVG 1950
1979

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