Property 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 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 30×60 pole barn with 12′ sides, concrete, electric, and with a spacious 9×43 lean-to – an enormous 54×106 Morton building with 12′ side walls, with multiple quality-made stalls, a large breeding stall, and a riding arena inside – a 23×40 traditional barn with loft, and a 10×40 lean-to for extra storage – a 47×24 stable with concrete floor, electric and multiple stalls – a 48×36 stable with hay loft, electric, and multiple stalls – other smaller stables and sheds are located strategically throughout the property

Features
: Propane
: Central Air
Location
1945
Truman
US
IN
Princeton
Gibson County
47670
Additional details
Site-built Home
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.
Active
1945 E Truman Avenue
Active
551
: One Story
North Gibson School Corp.
Princeton
Princeton
Princeton
Yes
No
: Pond
: Lakefront
26-12-08-200-000.487-027
44
$6,857
No
Detached
: Public
Click Here
: Private Beach
: Wood
DHI Realty Inc

Residential

1945 Truman, Princeton, Indiana 47670

1 Bedrooms
2 Bathrooms
1,281 Sqft
$1,750,000
Listing ID #202222968
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 202222968
Price : $1,750,000
Bedrooms : 1
Bathrooms : 2
Half Bathrooms : 0
Square Footage : 1,281 Sqft
Year Built : 1979
Lot Area : 85.20 Sqft
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