1945 E Truman Avenue Princeton, IN $ 1,750,000
1945 E Truman Avenue
$ 1,750,000
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1945 E Truman Avenue

Princeton, IN, 47670
$ 1,750,000
Bedrooms1 Baths2.0 Sq 1,281

Monthly Estimate*

$ 12,224

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Single Family Home for sale in Princeton, IN

for $1,750,000 with 1 bedroom and 2 full baths. This 1,281 square foot home was built in 1979 on a lot size of 85.2.

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

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Single Family Active

Price

$ 1,750,000

Bedrooms

1

Full Bath

2

Property Type

Single Family

Taxes

$ 6,856

Style

Site-Built Home

Lot Size

85.2

Year Built

1979

Town/City

Princeton

County/Region

Gibson

MLS | Web ID

202222968

Features
General
Sewer Public
Heating Propane
Cooling Central Air
Laundry Y/N N/A
Fireplaces No
Water Access Type Lakefront
Pool Y/N No
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1979
New Construction No
Subdivision None
Style One Story
Township Patoka
Class RESIDENTIAL
Type Site-Built Home
Age 44
REO No
Area Gibson County
High School Princeton
City Princeton
School District North Gibson School Corp.
Total Sq Ft 1281
Street Name Truman
Elementary School Princeton
Middle School Princeton
Legal Description PT NE 8 2 10 84.4716 AC C-1 DIKE ENLG TRACT 70 DIKE ENLG TRACT 76 PT/77 PT (3 parcels)
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202222968
Agent First Name Ray
Agent Last Name Stallings
DOM 692
Tax Year 2022
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Exterior
Road Surface Asphalt
Road Access City
Exterior Wood
Waterfront Pond
Lot Size Area 3711312
Lot Dimensions irregular
Lot Description Rolling
Water Features Private Beach
Waterfront Y/N Yes
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Interior
Basement None
Beds 1
Total Rooms 5
Full Baths Main 1
Full Baths Upper 1
Above Grade Bedrooms 1
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 0
1st Bedroom Level Main
1st Bedroom Width 11
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* Excluded Features
List By
Ray Stallings

Listing Agent

Dhi Realty Inc

Broker

ray.stallings@outlook.com

Email

Affordability Calculator

$12,796
Per Month
96%
4%
0%
Monthly Principal & Interest
$12,224
Monthly Property Taxes
$571
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1237350 Elementary School
1236192 Middle School
Princeton High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2022$1,750,000 Listed Price

Map


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1945 E Truman Avenue, Princeton, IN, 47670 is a Single Family Home for sale at $1,750,000 with 1,281 sqft and a lot size of 85.2. 1945 E Truman Avenue has 1 bedrooms, 2.0 baths, and was built in 1979. The property's zip code is 47670 which is in Princeton, IN