1945 E Truman Avenue

Princeton, IN 47670 View Map $1,750,000 Schedule a Tour
Beds1
Baths2
Sq.Ft.1,281
Year1979
Carson Lowry Team

Carson Lowry Team

(812) 389-0345

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Status: Active
Property Type:Site-Built Home
MLS #:202222968
Sq. Feet:1,281
On Site:71 Days
Lot Size:85.2 Acres
County:Gibson
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

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:1945 E Truman Avenue Princeton, IN 47670
County:Gibson
Township:Patoka
Zip Code:47670

School Information

High School:Princeton
Middle School:Princeton
Elementary School:Princeton

Architecture

Bedrooms: 1
Bathrooms: 2
Year Built:1979
Stories:1
Style:One Story
Full Baths: 1 Main / 1 Upper
Above Grade Bedrooms: 1

Features / Amenities

Exterior: Wood
Heating: Propane
Cooling: Central Air
Total Rooms:5

Square Footage

Finished Sq. Ft.
Above Grade 1281
Below Grade 0
Total 1281

Rooms

LevelSize
Bedroom 1Main13x11

Property Features

Lot Size: 85.2 Acres
Lot Dimensions:irregular
Lot Description: Rolling
Waterfront: Pond
Water Access: Lakefront
Lake Features: Private Beach
Outbuilding 1: Pole/Post Building (30'x60')
Outbuilding 2: Pole/Post Building (54'x106')
Water: Public
Sewer: Public
Road Surface: Asphalt
Road Access: City
Zoning:R4 Low density residential distr
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 and Financial Info

Annual Taxes: $6, 857
Year Taxes Payable: 2022

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1945 E Truman Avenue Princeton, IN 47670
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1945 E Truman Avenue Princeton, IN 47670
 
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Listing provided courtesy of Ray Stallings, Dhi Realty Inc.