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(SOLD) $1,375,000

1945 E Truman Avenue Princeton, IN  47670

  • 85.20 Acres
EXPLORE TUCKER LUXURY

Property Description for 1945 E Truman Avenue Princeton, IN 47670

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

Address:1945 E Truman Avenue Princeton IN 47670
Status:Sold
Sold On: 10/4/2024
Price:$1,750,000
Bathrooms:0
Lot Size:85.20
County: Gibson County
Township: Patoka
School System : North Gibson
MLS #:202302304
Property Type:Residential Land

Lot Dimensions:Irregular
Directions:East on Broadway to Left on Wilson Ave, to property on the Right. Or, East on Broadway to Left on Wilson Ave, to Right on Taylor Ave, to left on Harding Ave, around curve to Truman Ave, go straight to gated entrance straight ahead

Loan Price
$8,317
Price And Interest $7,173/month
Property Tax $571/month
MTG INS $0/month
HOME INS $573/month
Price
$1,375,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$571/month
Home Owner Insurance
$6,876 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$3,428
Tax Year:2022
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47670

School System:North Gibson
High School:Princeton
Middle School:Princeton
Elementary School:Princeton

EXPLORE TUCKER LUXURY
Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company
Customer Service Evansville
Additional Phone (812) 402-0200
F.C. Tucker Company

Listing provided courtesy of Ray Stallings with DHI Realty Inc

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Princeton Market Report

114
Avg. DOM
$137.41
Avg. $ / Sq.Ft.
$ 190,000
Med. List Price

The house prices in Princeton are indeed dropping at the moment. There has been a decrease in price of $73,212.09. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Princeton are going Down. The average house price is $182,349.50 and the average price per square feet is $140.62 per square feet. At the moment, the amount of homes listed is exactly 308 houses, with 36 with active status, 22 with pending status and 250 sold in Princeton .

The most popular place to buy a home in Princeton is . is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Princeton .

The average amount of property taxes you would have to pay for a home in Princeton is $1,277.39. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Princeton are staying listed for an average of 77 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Princeton was 1611 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Princeton is $895,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Princeton is $64,700.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Princeton in year 1900 and the newest built house is in year 2023.

The average size of properties in Princeton is 1658.5 sq.ft. , the biggest one being 4800 sq.ft. and the smaller being 700 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.