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$499,000

41 Blue Spring Cabin Circle Mitchell, IN 47446

  • 41.05 Acres
Property Description
Hello River, Hello Boats, Hello Cabins, Hello Friends, Hello Grills, Hello Campfires, AND GOODBYE BIG CITY! (at least for the Week End) Here you have 41 +/- Acres located in Lawrence County Indiana on a Paved Road. The River Portion of the property is very secluded from the Road. This property provides arguably the nicest flat area basin on the East Fork of the White River. • There are 6 Cabins included that will be transferred to the new Owner with the sale of this property with Bills of Sale. Two of these have Block Foundations and are in relatively good shape. These 2 would be a good fit to advertise on Airbnb for Family Vacation Rentals. Giving the Vacationers access to your Nice Shelter House, the River, and the Boat Ramp. You are sure to be booked solid through the Summer Months. These two cabins alone could bring in a very good Income throughout the year. • Why not put in 10 New Tiny Homes/Cabins and Lease them all out for Family Get-a-ways. • There are Tested Wells, and State Approved Septic Systems in place. • There is a 50X80 Pole Barn w’18 ft clearance and a 16X20 Garage door that is currently being leased for Winter Boat Storage. • There are currently 7 Tenant/Owned Structures on the Property. The Tenants pay a Monthly Lot Lease ranging from $175-$200 per Month. There is an on-site Gentleman that oversees the Rent Collections. Your long term plan will likely include; keeping the nicest Tenant/Cabins, and having some of the lower end cabins updated or cleaned up. This will improve the overall appearance of your Camp Ground Setting. • Housing Development Possibility on the top 20 Acres. • The possibilities of this unique property are limited only by your imagination: Why not put in 10 New Tiny Homes/Cabins and Lease them all out for Family Get-a-ways, Camp Sites, Concerts, Weddings, Boat Ramp Rental, Birth Day Parties, and more.
Address:41 Blue Spring Cabin Circle Mitchell IN 47446
Status:Active
on site: 25 days
Price:$499,000
Bathrooms:0
Lot Size:41.05
County: Lawrence County
Township: Spice Valley
School System : Mitchell Community
MLS #:202109663
Property Type:Residential Land

Lot Dimensions:41.0500 Acres
Directions:From Hwy 37 and US 50 jct. Take US 50 East. Right on Blue Springs Cavern Rd. Right on Blue Springs Cabin Cir.
Loan Price
$3,392
Price And Interest $2,603/month
Property Tax $581/month
MTG INS $0/month
HOME INS $208/month
Price
$499,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$581/month
Home Owner Insurance
$2,496 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Annual Property Tax:$3,485
Tax Year:2019
Subdivision: None
Zip Code:47446
School System:Mitchell Community
High School:Mitchell
Middle School:Mitchell
Elementary School:Burris/Hatfield
Brian Thompson, REALTOR®/Broker, F. C. Tucker Company, Inc.
Brian Thompson
Additional Phone (812) 336-7300
Active
41  Blue Spring CabinCircle Mitchell, IN 47446

0 Cassidy Lane

1.03 Acres

$15,500

Active
41  Blue Spring CabinCircle Mitchell, IN 47446

St Rd 37

1.69 Acres

$69,900

Active
41  Blue Spring CabinCircle Mitchell, IN 47446

Southridge Dr

2.70 Acres

$32,500

Active
41  Blue Spring CabinCircle Mitchell, IN 47446

Stevens Lane

1.30 Acres

$54,900

Active
41  Blue Spring CabinCircle Mitchell, IN 47446

Brooke Avenue

0.32 Acres

$19,000

Pending
41  Blue Spring CabinCircle Mitchell, IN 47446

0 Brooke Avenue

0.19 Acres

$10,000

Active
41  Blue Spring CabinCircle Mitchell, IN 47446

0 Thompson Lane

5.00 Acres

$33,900

Active
41  Blue Spring CabinCircle Mitchell, IN 47446

Thompson Lane

2.38 Acres

$29,900

Pending
41  Blue Spring CabinCircle Mitchell, IN 47446

702 27Th Street

0.34 Acres

$18,000

Active
41  Blue Spring CabinCircle Mitchell, IN 47446

Elrod Lane

5.72 Acres

$29,900

Active
41  Blue Spring CabinCircle Mitchell, IN 47446

K Street

18.00 Acres

$299,900

Active
41  Blue Spring CabinCircle Mitchell, IN 47446

0 Us Hwy 50E

0.63 Acres

$15,900

Get more information

Listing provided courtesy of Integrity Realty Group LLC.

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, Inc. 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.