Listing courtesy of Carpenter, REALTORS® · Listing agent: Ted Bitting · Cell: 317-418-7061

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ActiveSite-Built Home

751 S Summit Street

$240,000

$107.14 / sq ft

Est. $1,656/mo

French Lick, IN 47432-1365

Original price $260,000 · Price reduced on August 17, 2026

  • 1.8 acres
Bedrooms
3
Bathrooms
2
Living area
2,240 sq ft
Lot
1.84 ac
Year built
1967
Type
Site-Built Home
Listed
March 10, 2026
MLS #
202607806

About this home

Discover this exceptional rare opportunity offering both immediate cash flow potential and long-term appreciation - or the perfect place to call home. Situated on 1.86 acres, this charming, turnkey single-family residence is positioned high on a scenic hilltop overlooking the town of French Lick, capturing sweeping views and unforgettable sunsets. This 3-bedroom, 2-bath home is low-maintenance and thoughtfully designed for success in the thriving short-term rental market, including Airbnb and VRBO - while also offering the comfort and livability of a full-time residence. Inside, the open-concept layout features stylish finishes and inviting living spaces that create a warm and memorable experience for guests or homeowners alike. The modern kitchen is equipped with stainless steel appliances, ample counter space, and functional flow for entertaining. Spacious bedrooms provide comfort and privacy, making the home ideal for families, couples, or group stays. Outdoor spaces are perfectly suited for relaxation and entertainment, taking full advantage of the elevated vantage point. Guests and residents will appreciate the panoramic views that serve as the perfect backdrop for weekend getaways, golf outings, casino visits, fishing trips, and special events. The property's prime location near the renowned French Lick Springs Resort, French Lick Scenic Railway, West Baden Springs Hotel, and Patoka Lake enhances its appeal - placing dining, spas, championship golf, boating, fishing, and luxury amenities just minutes away. This strategic positioning supports steady occupancy and premium nightly rental rates. Additional highlights include ample parking for multiple RVs, boats, trucks with trailers, and guest vehicles - a rare and valuable feature in this market. Whether you're seeking a high-performing short-term rental investment or a scenic full-time residence, this versatile hilltop property delivers the best of both worlds.

Monthly payment estimate

$1,656/mo

Principal & interest
$1,314
Property taxes
$272
Homeowners insurance
$70
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
6
Total area
2,240 sq ft
Finished area above grade
2,240 sq ft
Main level
2,240 sq ft
Bedrooms above grade
3
Full baths, main level
2
Basement
Crawl Space
Flooring
Laminate
Heating
Natural Gas, Forced Air
Cooling
Central Air
Fireplace features
Fire Pit
Laundry
Main Level
Interior features
Eat-in Kitchen, Entrance Foyer, Great Room, Main Floor Laundry

Exterior & parking

Style
Ranch
Construction
Brick, Shingle Siding
Foundation
Block
Parking
Common
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Irregular Lot
Lot size (acres)
1.84 ac
Lot dimensions
368 x 493 +/-
County
Orange County
Township
French Lick
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Schools

Elementary school
Springs Valley
Middle school
Springs Valley Jr/Sr
High school
Springs Valley Jr/Sr
School district
Springs Valley Community Schools

Taxes & terms

Annual taxes
$3,262
Tax year
2025
Listing terms
Cash, Conventional, FHA, USDA Loan, VA
Possession
Negotiable
Parcel number
59-12-03-312-013.002-002

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Oven-Electric,Range-Electric

Utilities

Water
City
Sewer
Public Sewer

Rooms

RoomLevelDimensions
Living RoomMain35 × 27 ft
KitchenMain27 × 20 ft
Bedroom 1Main18 × 10 ft
Bedroom 2Main12 × 10 ft
Bedroom 3Main11 × 10 ft
LaundryMain7 × 6 ft

Location

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