Turn-Key Airbnb Investment Opportunity in the Heart of French Lick Welcome to "The Caroline," a charming and fully furnished Classic Craftsman-style home ideally located within walking distance of Springs Valley School system, Historic Downtown French Lick and the world-famous French Lick Resort & Casino. This established short-term rental is a true turn-key investment opportunity, ready to generate income from day one. Beautifully decorated with timeless charm and thoughtful attention to detail, this inviting home offers 2 bedrooms and 2 full bathrooms, creating a comfortable and appealing retreat for vacationers, casino guests, golfers, and tourists visiting Southern Indiana's premier destination. The spacious eat-in kitchen features a convenient breakfast bar along with a cozy breakfast and dining area, perfect for gathering with family and friends. Throughout the home, you'll find natural hardwood floors that enhance the warmth and character of this classic Craftsman residence. Additional features include a full basement with mechanical area, providing valuable storage and utility space. The home's attractive furnishings, décor, and established vacation-rental appeal make it an exceptional opportunity for investors seeking immediate cash-flow potential. Whether you're expanding your short-term rental portfolio or looking for a vacation property that pays for itself, The Caroline offers location, character, and income-producing potential in one of Indiana's most sought-after tourist destinations.
Active under contract
$172,900
8355 W College St, French Lick, IN 47432
2beds
1,015sqft
Single Family Residence
Built in 1913
7,405 Square Feet Lot
$169,500 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious eat-in kitchenConvenient breakfast barNatural hardwood floors
- 17 days |
- 788 |
- 58 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Debra Suddarth Office:812-849-3456,
Suddarth & Company
Source: IRMLS,MLS#: 202623899
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Kitchen
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Living room
- Level: Main
- Area: 150
- Dimensions: 15 x 10
Heating
- Natural Gas, Forced Air
Cooling
- Attic Fan, Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Electric Range, Solar Hot Water
- Laundry: Main Level, Washer Hookup
Features
- 1st Bdrm En Suite, Breakfast Bar, Ceiling Fan(s), Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite
- Flooring: Hardwood, Carpet
- Windows: Window Treatments
- Basement: Partial,Unfinished,Brick,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 1,976
- Total interior livable area: 1,015 sqft
- Finished area above ground: 1,015
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Porch Covered
Lot
- Size: 7,405 Square Feet
- Dimensions: 50X150
- Features: Level, 0-2.9999, City/Town/Suburb
Details
- Parcel number: 591203405009.000002
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: Indiana Natural Gas
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: French Lick
Financial & listing details
- Tax assessed value: $149,500
- Annual tax amount: $3,014
- Date on market: 6/18/2026
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Estimated market value
$169,500
$161,000 - $178,000
$1,386/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $172,900+786.7% |
Source:  IRMLS #202623899 Report a problem | ||
| 8/25/2020 | Sold | $19,500-22%$19/sqft |
Source:  SIRA #202009008 Report a problem | ||
| 7/6/2020 | Listed for sale | $25,000-3.8%$25/sqft |
Source: Trinkle Group Real Est #202009008 Report a problem | ||
| 12/11/2018 | Listing removed | $26,000$26/sqft |
Source: Suddarth & Company #201849796 Report a problem | ||
| 11/8/2018 | Listed for sale | $26,000+40.5%$26/sqft |
Source: Suddarth & Company #201849796 Report a problem | ||
| 10/8/2018 | Listing removed | $18,500$18/sqft |
Source: LUCAS Indiana Realty and Home Services #201841877 Report a problem | ||
| 10/1/2018 | Price change | $18,500-25.3%$18/sqft |
Source: LUCAS Indiana Realty and Home Services #201841877 Report a problem | ||
| 9/14/2018 | Listed for sale | $24,750-38%$24/sqft |
Source: LUCAS Indiana Realty and Home Services #201841877 Report a problem | ||
| 2/1/2018 | Listing removed | $39,900$39/sqft |
Source: Brooks Galloway Real Estate #201749415 Report a problem | ||
| 12/13/2017 | Price change | $39,900+11.1%$39/sqft |
Source: Brooks Galloway Real Estate #201749415 Report a problem | ||
| 12/12/2017 | Price change | $35,900-10%$35/sqft |
Source: Brooks Galloway Real Estate #201749415 Report a problem | ||
| 10/30/2017 | Listed for sale | $39,900$39/sqft |
Source: Brooks Galloway Real Estate #201749415 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,376 -0.8% | $149,500 +25.8% |
| 2024 | $2,394 -3.8% | $118,800 -0.8% |
| 2023 | $2,488 +489.6% | $119,700 -3.8% |
| 2022 | $422 -65.5% | $124,400 +102.6% |
| 2021 | $1,222 +0.2% | $61,400 +0.5% |
| 2020 | $1,220 +2.4% | $61,100 +0.2% |
| 2019 | $1,192 -6.9% | $61,000 +3.4% |
| 2018 | $1,280 +0.3% | $59,000 -6.8% |
| 2017 | $1,276 +3% | $63,300 +0.3% |
| 2016 | $1,238 +0.3% | $63,100 +2.3% |
| 2014 | $1,234 +1% | $61,700 +1% |
| 2013 | $1,222 -2.9% | $61,100 -2.9% |
| 2012 | $1,258 +7.3% | $62,900 +7.3% |
| 2011 | $1,172 +2.7% | $58,600 -0.7% |
| 2010 | $1,141 -0.9% | $59,000 +0.3% |
| 2009 | $1,152 +8.9% | $58,800 +5.6% |
| 2007 | $1,058 -11.4% | $55,700 +5.1% |
| 2006 | $1,194 | $53,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47432
Nearby schools
GreatSchools rating
- 6/10Springs Valley Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 6/10Springs Valley Community High SchoolGrades: 6-12Distance: 0.1 mi
Schools provided by the listing agent
- Elementary: Springs Valley
- Middle: Springs Valley Jr/Sr
- High: Springs Valley Jr/Sr
- District: Springs Valley Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Orange County
- French Lick
- 47432
- 8355 W College St
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