Active

Price cut: $15K (6/15)

$319,900

5050 S State Road 145, French Lick, IN 47432

3beds

1,436sqft

$1,982/mo

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Single Family Residence

Built in 1952

1 Acres Lot

$313,300 Zestimate^®

$--/sqft

$-- HOA

What's special

Two car attached garageThree bedrooms

THIS TURN KEY INVESTMENT PROPERTY COULD ALSO DOUBLE AS AN AMAZING SECOND RESIDENCE OR PRIMARY RESIDENCE FOR THAT MATTER. FEATURING THREE BEDROOMS, TWO FULL BATHROOMS, AN EAT IN KITCHEN, TWO CAR ATTACHED GARAGE AND A MASSIVE FOUR CAR DETACHED GARAGE ALL PLACED IN A VERY CONVENIENT LOCATION JUST SECONDS FROM PATOKA LAKE RESERVOIR, OR THE FRENCH LICK AREA. THIS AMAZING PROPERTY IS CURRENTLY BEING USED AS AN AIRBNB AND INCLUDES WHAT FURNISHINGS YOU SEE IN THE PHOTOS ALONG WITH ALL APPLIANCES AND AN HSA HOME WARRANTY!

168 days

141

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Kitchen

Level: Main
Area: 528
Dimensions: 24 x 22

Living room

Level: Main
Area: 120
Dimensions: 12 x 10

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Range/Oven Hook Up Elec, Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Electric Oven, Electric Range, Gas Water Heater
Laundry: Electric Dryer Hookup, Main Level, Washer Hookup

Features

1st Bdrm En Suite, Breakfast Bar, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Countertops-Solid Surf, Eat-in Kitchen, Kitchen Island, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Custom Cabinetry
Flooring: Tile, Vinyl
Windows: Window Treatments
Basement: Crawl Space,Block
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 1,436
Total interior livable area: 1,436 sqft
Finished area above ground: 1,436
Finished area below ground: 0

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Attached, Garage Door Opener, RV Access/Parking, Heated Garage, Garage Utilities, Gravel
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Covered, Porch
Has spa: Yes
Spa features: Private
Fencing: Privacy

Lot

Size: 1 Acres
Features: Level, 0-2.9999, Rural, Landscaped

Details

Additional structures: Second Garage
Parcel number: 591235200042.000005

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block, Metal Siding, Wood Siding
Roof: Metal

Condition

New construction: No
Year built: 1952

Details

Warranty included: Yes

Utilities & green energy

Electric: Orange Co REMC
Gas: Other
Sewer: Septic Tank
Water: City
Utilities for property: Cable Available

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: None

Location

Region: French Lick

Financial & listing details

Tax assessed value: $266,300
Annual tax amount: $1,911
Date on market: 2/26/2026
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

Estimated market value

$313,300

$298,000 - $329,000

$1,529/mo

Price history

Date	Event	Price
6/15/2026	Price change	$319,900-4.5%
Source: IRMLS #202606126 Report a problem
4/20/2026	Price change	$334,900-4.3%
Source: IRMLS #202606126 Report a problem
2/26/2026	Listed for sale	$350,000+3.2%
Source: IRMLS #202606126 Report a problem
1/5/2026	Listing removed	$339,000$236/sqft
Source: My State MLS #11583466 Report a problem
10/1/2025	Listed for sale	$339,000$236/sqft
Source: My State MLS #11583466 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,890 +3.8%	$266,300 +108.7%
2024	$1,822 +200.9%	$127,600 +6.7%
2023	$605 +30.1%	$119,600 +2%
2022	$465 +10.6%	$117,300 +14.9%
2021	$421 +1.1%	$102,100 +7.2%
2020	$416 +6.7%	$95,200 +3.6%
2019	$390 +8.3%	$91,900 +3.7%
2018	$360 -39.9%	$88,600 +5.6%
2017	$599 +15.8%	$83,900 +3.1%
2016	$517 -2.3%	$81,400 +4.2%
2014	$529 +1.4%	$78,100 +1.2%
2013	$522 -27.6%	$77,200 -28.6%
2012	$721 +47.9%	$108,100 +12.3%
2011	$487 +7%	$96,300 +0.4%
2010	$456 +13%	$95,900 +4.5%
2009	$403	$91,800