Rare investment opportunity with strategic location and high visitor volume in Southern Indiana. This 38.69 acres is a gold mine of opportunities for income & expansion. LOCATION, LOCATION, LOCATION!!! This property is located at the hub of this recreational county. Adjacent to the 9000+ Goose Pond Fish and Wildlife Area (FWA) and the Greene-Sullivan State Forest. Minutes away are Red Bird State Recreational Area for superb off-road recreation, the new Busseron Creek Fish & Wildlife Area, Minnehaha FWA & Hillenbrand FWA just to name a few. Despite this steady influx of visitors, there is a shortage of overnight options of nature-based lodging such as cabins, cottages, and rooms. Property has main house with 3 bdrm/3 baths, two 2 car garages attached to house. Could be converted in a duplex. Additional two apartments plus studio. Two large pole barns that could be for storage or converted into additional housing. Acreage has "strip pit" lakes winding thru the land creating a fisherman's paradise. Golf cart trails to access all the lakes. Eight acre+ field plus several smaller grassy clearings for building sites of campground cabins or future primary home. Mature woods with different varieties of timber. Producing pecan tree grove & persimmon trees. Perfect habitat for deer, turkey, etc. The ideas are endless with this unique property such as wedding venue/event area, hiking & nature trails, birdwatching platforms, boat rentals for fisherman, tenting camping area, group camps for retreats, picnic/playground for day visitors, U-pick gardens, and/or zip lines. The revenue from the existing rentals could pay for itself before any further development. Property is minutes from shopping & dining. Close to I69.
Active
Price cut: $400K (7/22)
$1,295,000
1796 S State Road 59, Linton, IN 47441
3beds
1,844sqft
Est.:
Single Family Residence
Built in 1970
38.67 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two large pole barnsMature woodsProducing pecan tree grove
- 115 days
- on Zillow |
- 464 |
- 8 |
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