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Courtesy of Whitetail Properties Real Estate, Zach Holt, Cell: 812-887-2954
2 Beds
1 Bath
1,094 sqft

$349,900

5344 S State Road 145, French Lick IN, 47432

Price per sqft$319.84
Built in1952
Property size1,094 sqft
Property typeResidential

Overview

Active

Updated 7 days ago

Located just south of Historic French Lick, this 15.56+/- acre property combines a 1,094 sq. ft. 2-bed, 1-bath block home with adjoining recreational acreage, mature hardwoods, open ground, two additional buildings, natural drainages, and nearly 1,000 feet of SR 145 frontage. The 1952 home sits on approx. 1 ac and features an efficient one-level layout, a full basement, and an enclosed porch with covered access to the basement. The home includes multiple heating options, including a wood-burning furnace connected to the central ductwork, a propane furnace, a ventless gas log fireplace, and a heat pump with central air. An owned 500-gallon propane tank, Patoka Regional Rural Water, Orange REMC electric, and Orange Fiber internet add to the property's utility. A metal roof installed approximately 22 years ago continues to protect the home. The residence will require remodeling and updating, but it offers a solid foundation for renovation. The adjoining 14.56+/- acres provide a diverse combination of open ground and mature hardwood timber. Approximately 2 acres of open field lie near SR 145, offering space for a garden, recreation, parking, or other potential uses. The balance consists primarily of mature hardwoods situated across a large, relatively flat hilltop with attractive views and potential locations for a cabin, additional improvements, or other permitted uses. The acreage also includes a 32' x 60' x 14' block building with a loft and a 30' x 48' x 10' agricultural pole barn, both with established driveways. The buildings provide substantial space for storage, equipment, hobbies, agricultural use, or recreational gear. Two wet-weather drainages cross the lower portions of the acreage, adding natural character and seasonal water movement. The location provides access to French Lick, West Baden, Patoka Lake, and Hoosier National Forest. Outdoor rec in the area includes boating, fishing, hiking, camping, hunting, and other activities, while French Lick provides dining, lodging, golf, entertainment, and historic attractions. This property offers an uncommon combination of a home, acreage, mature timber, open ground, existing buildings, highway frontage, and recreational opportunities. The property may also warrant consideration for potential short-term rental use, subject to applicable regulations. This is an opportunity to acquire the home and adjoining acreage together, creating a property with room to live, work, store equipment, & enjoy the outdoors.

$2,328/mo

Est. mortgage payment based on a $349,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202640704

Interior Features

Bedrooms
2
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
15.56 Acres

Other Property Details

Taxes
$2,000
Tax Frequency
Annually
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

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