$1,750,000 Price Analysis   ♡   Princeton, IN 47670 Unknown bed 0 bath unknown SqFt ($0/SqFt) 85.2 acre lot. Listed 2023-01-26, Taxes $6,403 | Ⓧ USDA Ineligible due to property near Princeton |
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 attractive 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 th 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 roomy 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
Presented by Ray Stallings at
DHI Realty Inc.
Property MLS #202302304 from IRMLS
Lot Size Acres: 85.2
Lot Size Dimensions: Irregular
Lot Size Square Feet: 3711312
Road Frontage Type: City
Road Surface Type: Asphalt
High School: Princeton
Middle School: Princeton
School District: North Gibson School Corp.
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Gibson County
Directions: East on Broadway to Left on Wilson Ave, to property on the Right. Or, East on Broadway to Left on Wilson Ave, to Right on Taylor Ave, to left on Harding Ave, around curve to Truman Ave, go straight to gated entrance straight ahead
Tax Year: 2022
Source Property Type: LOTS AND LAND
Possible Use: Residential
Township: Patoka
Property Subtype: Residential Land
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $162,700 + $116,200 $278,900 | $6,403 |
| 2020 | $152,800 + $116,000 $268,800 | $6,336 |
| 2019 | $149,900 + $119,900 $269,800 | $6,122 |
| 2018 | $148,100 + $124,000 $272,100 | $6,060 |
| 2018 | $147,600 + $120,600 $268,200 | $6,060 |
| 2017 | $160,800 + $125,500 $286,300 | $6,016 |
| 2016 | $159,900 + $126,700 $286,600 | $6,432 |
| 2015 | $153,500 + $126,700 $280,200 | $6,500 |
| 2013 | $130,000 + $122,700 $252,700 | $6,193 |
| 2012 | $120,500 + $120,900 $241,400 | $5,605 |
| 2011 | $141,100 + $119,100 $260,200 | $5,372 |
| 2010 | $165,200 + $32,900 $198,100 | $5,717 |
| 2008 | $155,500 + $69,500 $225,000 | $5,043 |
$1,750,000
IRMLS
Listed 2022-06-10
$1,750,000
IRMLS
Sewer: Public
Public
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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.