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$549900   Price Analysis
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12710 Turkey Hill Ln
French Lick, IN 47432
5 bed 4 bath 2880 SqFt ($190/SqFt)
8.82 acre lot. Built 2013
Listed 2023-09-07, Taxes $664
USDA Eligible
near French Lick, IN
 Restrictions may apply
due to home size

The main structure (2013)

Which is a Morton commercial pole barn offering 1680 square foot of living space, 3 bedrooms, 2 baths, outdoor shower, outside kitchen and a covered porch is currently advertised for rentals around the Patoka Lake and French Lick area. There is a fire pit for guests to enjoy a tranquil wooded 8.82 acres. All furnishings and appliances stay with the rental.

There is a 16 x 10 utility shed (2013) to house the generator and driveway drag included for maintenance. The present owner habitats the 1200 squar foot apartment (2022) located on top of the 30 x 40 detached garage (2022). This apartment could easily be converted to a second rental entertaining 2 bedrooms and 1 bath. All the kitchen appliances are included. The major attractions of this property are n ot the location BUT also the attention to detail to give guests a relaxing and enjoyable time away!


Presented by Tama Stemle at
RE MAX Local.
Listing Agent Photo

Property MLS #202332437 from IRMLS

Bedrooms: 5

Total Bathrooms: 3 / 1
Full Bathrooms: 3
1/2 Bathrooms: 1

# of Dishwashers: 2
# of Disposals: 2

Laundry Features: # of Washers: 1, # of Dryers: 1

Cooling Features: Central Air
Fuel Expense: 300
Heating Features: Propane, Wood, Forced Air, Other Heating System
Ceiling Fan
High Efficiency Furnace

Furnished Description: Building, Land
Flooring: Wood, Vinyl

Outbuilding Width: 10
Fencing: Invisible, Pet Fence

Lot Description: Irregular, Partially Wooded, 6-9.999
Lot Size Acres: 8.82
Lot Size Dimensions: 0 x 0
Lot Size Square Feet: 384199

Driveway: Gravel
Garage Spaces: 6
Garage Description: Garage, Gravel, Off Street

Number of Buildings: 2
Number of Units: 2
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Unit-1 Square Feet: 1680
Unit-2 Square Feet: 1200

Elementary School: Shoals Community
High School: Shoals
Middle School: Shoals Community
School District: Shoals Community School Corp.

Shoals Middle School is a public middle school located approximately 10.6 miles away.
directions icon Map directions

Shoals Community Jr-Sr High School is a public high school located approximately 10.6 miles away.
directions icon Map directions

Shoals Community Elementary School is a public elementary school located approximately 10.6 miles away.
directions icon Map directions

Income Includes: 20928

Community Features: Ceiling Fan, Off Street Parking, Storage, Balcony, Bar, Breakfast Bar, Built-In Bookcase, Built-in Desk, Closet(s) Walk-in, Countertops-Laminate, Deck Covered, Detector-Carbon Monoxide, Detector-Smoke, Firepit, Foyer Entry, Garage Door Opener, Garden Tub, Generator Ready, Guest Quarters, Landscaped, Open Floor Plan, Pantry-Walk In, Patio Open, Pocket Doors, Porch Covered, Water Heater Electric, Water Heater Tankless, Garage-Heated, Washer Hook-Up, Custom Cabinetry, Garage Utilities

Annual Tax Amount: 2255.2
Source Listing Status: Active
County: Martin County
Directions: from Haysville, take Hwy 56 E., in Hillham turn left on 1180 E by electrical power station to Turkey Hill Lane sign, turn left, on the left
Tax Year: 2024
Source Property Type: INVESTMENT
Insurance Expense: 1200
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Owner Pays: Building Insurance, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Water
Parcel Number: 51-12-12-400-023.005-005
Property Location: Rural Subdivision
Township: Lost River
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$83300 + $29800
$113100
$664
2020$79900 + $28800
$108700
$594
2019$67800 + $28000
$95800
$505
2018$68500 + $27700
$96200
$500
2017$66700 + $27200
$93900
$479
2017$66700 + $27400
$94100
$479
2016$65900 + $26300
$92200
$469
2015$68200 + $26100
$94300
$438
2013$68800 + $30400
$99200
$1569
2012$unknown + $24700
$24700
$397
2011$unknown + $2100
$2100
$33
2010$unknown + $1800
$1800
$32

Price Changed 2024-03-26
$549900
IRMLS
Price Changed 2024-03-26
$549900
IRMLS
Price Changed 2024-03-19
$555000
IRMLS
Price Changed 2024-03-19
$555000
IRMLS
Price Changed 2024-03-11
$569000
IRMLS
Price Changed 2024-03-11
$569000
IRMLS
Price Changed 2024-02-28
$584000
IRMLS
Price Changed 2024-02-28
$584000
IRMLS
Listed 2023-09-07
$599000
IRMLS
Listed 2023-08-09
$599000
IRMLS

Net Operating Income: 14497.8

Total Square Feet Living: 2880
Year Built: 2013
Above Grade Finished Area: 2880
Above Grade Unfinished Area: 1200
Other Buildings: Outbuilding SqFt: 160, Outbuilding Length: 16, Outbuilding: Shed
Property Age: 11
Roof: Metal
Levels or Stories: 1
House Style: One Story
Total Area Sqft: 4080
Architectural Style: Pole Barn

Electric Expense: 1800
Sewer: Septic
Public
Water Sewer Expense: 480

Green Energy Efficient: Energy Efficient: Appliances, Doors, Electrical/Lighting, HVAC, Enrgy Efficient Win/Doors: Double Pane Windows
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.