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Listing courtesy of DHI Realty Inc · Listing agent: Ray Stallings · Cell: 812-664-2830

Properties displayed may be listed or sold by various participants in the MLS.

SoldUnimproved Land

1945 E Truman Avenue

$1,375,000

Princeton, IN 47670

Listed at $1,750,000 Sold October 4, 2024

  • Waterfront
  • 85.2 acres
Lot
85.2 ac
Type
Unimproved Land
Listed
January 26, 2023
MLS #
202302304

About this home

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

Property details

Waterfront & lake

Waterfront
Yes
Water feature
Pond

Lot

Lot size (acres)
85.2 ac
Lot dimensions
Irregular
Inside city limits
Yes
County
Gibson County
Township
Patoka
Current use
Residential
Road frontage
City Street
Road surface
Asphalt
Road maintained by
City
Price per acre
$16,139
Easements
Yes
Platted
Yes
Planned unit development
No
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

Schools

Elementary school
Princeton
Middle school
Princeton
High school
Princeton
School district
North Gibson School Corp.

Taxes & terms

Annual taxes
$6,857
Tax year
2022
Possession
negotiable
Special conditions
Estate
Parcel number
26-12-08-200-000.487-027

Utilities

Water
Public
Sewer
Public
Electric
Available
Fuel
Gas, Propane

Location

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