$1,375,000
$1,750,000
21.4%For more information regarding the value of a property, please contact us for a free consultation.
85.2 Acres Lot
SOLD DATE : 10/04/2024
Key Details
Sold Price $1,375,000
Property Type Vacant Land
Sub Type Residential Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202302304
Sold Date 10/04/24
Annual Tax Amount $6,856
Tax Year 2022
Lot Size 85.200 Acres
Property Sub-Type Residential Land
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. This sprawling property includes road frontage on Truman Drive, Kennedy Drive, two spots along Wilson Avenue, the end of Fairview Drive, the east end of Taylor Avenue, the north end of Johnson Avenue, and even from Taftown Road! There are 25 +/- acres of fully fenced pasture land found on the rolling hills that run throughout the estate. The original structures that were once used for the horse farm were built as late as 1990, with some buildings being updated this year. 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? 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 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 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
Location
State IN
County Gibson County
Area Gibson County
Zoning R4 Low density residential district
Direction 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
Exterior
Waterfront Description Pond
Building
New Construction No
Schools
Elementary Schools Princeton
Middle Schools Princeton
High Schools Princeton
School District North Gibson School Corp.
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IDX information provided by the Indiana Regional MLS
Bought with Tim Mason • RE/MAX REVOLUTION
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