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  • $1,375,000

    1945 E Truman Ave, Princeton, IN 47670

    --beds
    --baths
    85.2Acres
    Residential Land
    Built in ----
    85.2 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,103 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,103/mo

    Zestimate® history
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    What's special

    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. This sprawling property includes road frontage on Truman Drive, Kennedy Drive, two spots along Wilson Avenue, the end of Fairview Drive, the east end of Taylor Avenue, the north end of Johnson Avenue, and even from Taftown Road! There are 25 +/- acres of fully fenced pasture land found on the rolling hills that run throughout the estate. The original structures that were once used for the horse farm were built as late as 1990, with some buildings being updated this year. 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? 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 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 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

    Zillow last checked:

    Listing updated:

    Listed by:

    Ray Stallings Cell:812-664-2830,

    DHI Realty Inc

    Bought with:

    Tim D Mason, RB14024551

    RE/MAX REVOLUTION

    Source: IRMLS,MLS#: 202302304MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • On waterfront: Yes
    • Waterfront features: Waterfront, Pond
    Lot
    • Size: 85.2 Acres
    • Features: Rolling Slope
    Details
    • Additional parcels included: 261208201003.943028,261208201003.944028
    • Parcel number: 261208200000.487027
    • Zoning: R4

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Princeton

    Financial & listing details

    • Tax assessed value: $267,400
    • Annual tax amount: $6,856
    • Date on market: 1/26/2023
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/4/2024Sold$1,375,000-21.4%
    Source: IRMLS #202302304 Report a problem
    8/1/2024Pending sale$1,750,000
    Source: IRMLS #202302304 Report a problem
    6/10/2022Listed for sale$1,750,000
    Source: IRMLS #202222968 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,504 -8.7%$267,400 -17.7%
    2024$7,128 +3.2%$324,900 +3%
    2023$6,905 +7.8%$315,400 +0.6%
    2022$6,403 +2.2%$313,600 +12.4%
    2021$6,265 +3.5%$278,900 +3.8%
    2020$6,051 -0.2%$268,800 -0.4%
    2019$6,060 +0.7%$269,800 +0.6%
    2018$6,016 $268,200 -1.4%
    2017$6,016 -6.5%$272,100 -5%
    2016$6,433 -1%$286,300 +2.2%
    2014$6,500 +1.2%$280,200 +10.9%
    2013$6,425 +22.3%$252,700 +4.7%
    2012$5,252 -0.8%$241,400 -7.2%
    2011$5,296 +3.2%$260,200 +31.3%
    2010$5,133 -10.2%$198,100 -29.5%
    2009$5,718 $280,800
    Find assessor info on the county website

    Neighborhood: 47670

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Princeton
    • Middle: Princeton
    • High: Princeton
    • District: North Gibson School Corp.

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.