1945 East Truman

Princeton, IN 47670

$1,750,000
Price
3,711,312 / 85.2
Lot Size / Acres

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...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
  1. Listed by Ray Stallings • DHI Realty Inc

Property Details for 1945 East Truman

Subdivision
None
Waterfront
Yes

Location

Listing Courtesy of DHI Realty Inc
Add your commute
LISTING UPDATED: 12/12/2023 02:52 PM

Property Details for 1945 East Truman

StatusActive
MLS #202302304
Days on Market698
Taxes$6,857 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Lands / Residential Land
Year Built-
Lot Size85.20 AC
CountyGibson County

Location

Listing Courtesy of DHI Realty Inc
Add your commute

Virtual Tour

Building Information for 1945 East Truman

Building Size-Lot Size85.20 AC

Payment Calculator

$10,122 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$571

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1945 East Truman

Summary
Location and General Information
  • Area: Gibson County
  • City: Princeton
  • Zip Code: 47670
  • City Zoning: R4 Low density residential district
  • State: IN
  • Township: Patoka
  • Geo Latitude: 38
  • Geo Longitude: -88
  • Road Access: City
  • Inside City Limits: Yes
  • Fips Code: 18051
  • Directions To Property: 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
  • Road Frontage: City
Taxes and HOA
  • Parcel Description: Waterfront, Rolling
  • Annual Taxes: $6,857
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2022
  • Parcel Number Id: 26-12-08-200-000.487-027
  • Parcel Id 2: 26-12-08-201-003.943-028
  • Parcel Id 3: 26-12-08-201-003.944-028
School Information
  • School District: North Gibson School Corp.
  • Elementary: Princeton
  • Middle School: Princeton
  • High School: Princeton
Property
Lot Information
  • Class: LOTS AND LAND
  • Property Subtype: Residential Land
  • Approx Lot Size Acres: 85.2
  • Lot Dimensions: Irregular
  • Approx Lot Size Sqft: 3711312.0
Property and Assessments
  • Can Property Be Divided?: Yes
  • Curb: No
  • Documents Available: None
  • Easements: Yes
  • Planned Unit Development: No
  • Platted Development: Yes
  • Structure/Building Improvements: Yes
  • Type Use: Residential
Utilities
  • Electricity Type: Available
  • Fuel Type: Gas, Propane
  • Sewer Type: Public
  • Water Utility: Public
  • Water Type: Pond
Interior and Exterior Features
Exterior Features
  • Platted: Yes
  • Rail Siding: No
  • Road Surface: Asphalt
Rental
Rental Information
  • Leased Acres: No

Property History for 1945 East Truman

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1945 East Truman

This home is within North Gibson School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Princeton Comm Primary School
PublicPK to 2

Princeton Comm Intermediate School
PublicK to 5

Princeton Community Middle
Public6 to 8

Princeton Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1945 East Truman is a 85.2 ac of land for sale in Princeton, IN 47670. This property was listed for sale on June 10, 2022 by DHI Realty Inc, it's currently listed at $1,750,000. This listing's school district is North Gibson School Corp. Nearby schools include Princeton Comm Primary School, Princeton Comm Intermediate School and Princeton Community Middle. 1945 East Truman is a 0-bed, 0-bath, 85.2 ac of land on a 3,711,312 sq. ft. / 85.2 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of DHI Realty Inc

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.