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1945 E Truman Avenue

Princeton, IN, 47670

  • Price $1,750,000
  • Beds1
  • Baths2
  • Sq. Ft.1281
  • MLS #202222968
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
Bedrooms
1
Style
One Story
Bathrooms
2
County
Gibson County
Lot Size
85.2000
Year Built
1979
Water
Public
Sewer
Public
Sq, ft. finished
1,281sq. ft (approx.)
Sq, ft. total
1281sq. ft (approx)
Garage
No - 0.0 car
Subdivision
None
Cooling
Central Air
Heating
Propane
Basement
None
Exterior
Wood
Annual Taxes
6856.82
Association Dues
0.00
District
North Gibson School Corp.
Elementary
Princeton
Middle School
Princeton
High School
Princeton
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Ray Stallings, 812-664-2830 of DHI Realty Inc.

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Testimonial

Rental Review: Good People. Decent houses. My family and I rented a house with them for 2 years; never experienced a problem with them. If the toilet wasn't working or part of the house needed repair, someone was always available to fix it pretty quick.
A.B.

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A Home Inspection is an inspection of the home conducted by a certified Home Inspector. The Home Inspector completes a thorough examination of the home from the roof down to the foundation and the exterior of the house. They check to see if there are any major or minor problems. The inspector will point out any visible structural or system deficiencies. The inspector will give a full written report to the purchaser once the inspection and report is complete.

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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

Listing Data updated: November 29, 2022, 7:45 pm
IDX information provided by the Indiana Regional MLS