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240 E Farver Street Shipshewana, IN $ 595,000
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$ 595,000 Get more info
240 E Farver Street
$ 595,000
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240 E Farver Street

Shipshewana, IN, 46565
$ 595,000
Bedrooms-- Baths13.0 Sq 4,494

Monthly Estimate*

$ 3,664

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Commercial Property for sale in Shipshewana, IN

for $595,000 with 13 full baths. This 4,494 square foot building was built in 1969 on a lot size of 1.14.

THIS PROPERTY BEING OFFERED AT PHONE BID/ONLINE AUCTION WITH A STARTING BID OF $595,000! The Old Carriage Inn is a premium boutique lodging destination strategically positioned in the heart of Shipshewanas entertainment and tourism corridor! This is far more than just a building you are purchasing location, future cash flow, tourism demand, event traffic, and an established reputation. Located directly across from the Michiana Event Center, with a walking path to one of the largest flea markets in the United States, and just minutes from the nationally recognized Blue Gate Theatre entertainment district. This 11-room (plus owners 3-bedroom living quarters) boutique lodging property is perfectly positioned to capitalize on the regions year-round tourism and event-driven economy. With large-group accommodations, walkable access to major attractions, and limited competing inventory of similar scale, the property offers exceptional revenue potential and strong long-term appreciation.

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Commercial Active

Price

$ 595,000

Full Bath

13

Property Type

Commercial

Taxes

$ 10,865

Style

Hotel & Motel

Lot Size

1.14

Year Built

1969

Town/City

Shipshewana

County/Region

Lagrange

MLS | Web ID

202620507
Features
General
Heating Gas Forced Air
Cooling Central Air
Ceiling Height 8
Roof Asphalt
Parking Yes Gravel Off-Street Private
Sewer City
# of Buildings 2
Status Active Active
Bathrooms 13
Year Built 1969
New Construction No
Subdivision None
Stories Count 2
Township Newbury
Class COMMERCIAL
Type Hotel & Motel
Age 57
Business Name Old Carriage Inn Bed and Breakfast
Inside City Limits No
Special Features 220 Volts Fenced Office Space Reception Area
REO No
Status Detail 0
Area LaGrange County
City Shipshewana
Legal Description OUT W 1/2 SW 1/4 1.055 AC
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202620507
Agent First Name Michael
Agent Last Name Patka
DOM 1
Tax Year 2025 payable 2026
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Exterior
Road Access County
Exterior Vinyl
Lot Size Area 49658
Lot Dimensions 265' x 185'
Parking Type off street driveway
Waterfront Y/N No
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Interior
Flooring Carpet Ceramic Tile Laminate Wood
Basement/Foundation Finished Full Basement
Walls Drywall
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* Excluded Features
List By
Michael Patka

Listing Agent

Grogg Martin Realty

Broker

imbidone@yahoo.com

Email

Affordability Calculator

$4,569
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,664
Monthly Property Taxes
$905
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/29/2026$595,000 Listed Price

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240 E Farver Street, Shipshewana, IN, 46565 is a Commercial Property for sale at $595,000 with 4,494 sqft and a lot size of 1.14. 240 E Farver Street has 13.0 baths and was built in 1969. The property's zip code is 46565 which is in Shipshewana, IN

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