French Lick, IN 47432,1025 Newton Stewart Road
French Lick, IN 47432,1025 Newton Stewart Road
French Lick, IN 47432,1025 Newton Stewart Road
French Lick, IN 47432,1025 Newton Stewart Road
French Lick, IN 47432,1025 Newton Stewart Road
French Lick, IN 47432,1025 Newton Stewart Road
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$1,450,000

$1,250,000

16.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

1 Bath

1,080 SqFt


SOLD DATE : 06/04/2021

Key Details

Sold Price $1,450,000

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,080 sqft

Subdivision None

MLS Listing ID 202036320

Sold Date 06/04/21

Style One Story

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 540

Total Fin. Sqft 1080

Year Built 1991

Annual Tax Amount $4,883

Tax Year 4883

Lot Size 5.482 Acres

Property Description

French Lick Cabins/Patoka Lake Village, 1025 Newton Stewart Road, French Lick,In Minutes to boat ramps and USA Land THE OWNERS ARE RETIRING! Your opportunity to own an established lodging business! 11 Log Cabins with 2 having basement rentals plus a Log Office/Home Building with a basement which could be converted into another rental. Each are fully furnished including appliances, 2 units have hot tubs. Also included is the Good Will, Future Reservations,French Lick Cabins, LLC at Patoka Lake Village,60" Toro My Ride, Kubota RTV with snow plow. There is a fish cleaning station. Each cabin is connected to a mound septic system for this development. 5.492 Acres of land with room to expand. Possible expansion includes boat storage, RV Hook ups, more rentals or anything a new owner wants. This is an excellent opportunity to purchase and existing and established business with instant income! Asking $1,250,000! Arial video: https://youtu.be/z87pJS7WyBE

Location

State IN

Area Orange County

Direction 1025 Newton Stewart Road, French Lick, In From the Junction of St Rds 145 & 56 at the French Lick Resort-Casino go South on State Road 145 10.3 miles, turn left on Newton Stewart Road(Osborn Boat Ramp) go 1/4 mile and the property is on the left.

Rooms

Basement Crawl, Slab, Full Basement, Walk-Out Basement, Finished, Outside Entrance

Interior

Heating Electric, Forced Air

Cooling Central Air

Flooring Laminate, Vinyl, Other

Exterior

Exterior Feature Cable TV Antenna

Waterfront No

Roof Type Asphalt,Shingle

Building

Lot Description Irregular

Story 1

Foundation Crawl, Slab, Full Basement, Walk-Out Basement, Finished, Outside Entrance

Sewer Private

Water Public

Architectural Style Cabin/Cottage

Structure Type Log

New Construction No

Schools

Elementary Schools Springs Valley

Middle Schools Springs Valley

High Schools Springs Valley

School District Springs Valley Community Schools

Others

Financing Cash,Contract,Conventional

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Indiana Regional MLS (IRMLS)
Listed by Brooks Galloway • Brooks Galloway Real Estate
Bought with Brooks Galloway • BROOKS GALLOWAY REAL ESTATE
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