1 year on rocket

1945 E Truman Ave, Princeton, IN, 47670

$1,750,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential Land
MLS #202302304
Lot Size85.20 Acres
StatusActive

About 1945 E Truman Ave

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. There is also an entry point on Kennedy Drive, where evergreen trees line both sides of the long pathway that will take you to a horse barn and the lake. There are two access points on N. Wilson Ave., and there is also some road frontage on E. Taftown Road. There are 25 +/- acres of fully fenced pasture land found on the rolling hills that run throughout the estate. This property also includes a sewer lift station that is maintained by the city of Princeton, and could support multiple homesites. The original structures that were once used for the horse farm were built as late as 1990. With updates, all of these can be functional again. 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? a business retreat? A residential development? Or a stately mansion, positioned with breathtaking views of the lake, the woods, and the wildlife? Or do you have something else in mind? 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 1 BR/1.5BA cabin/home on the lake - 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 23x40 traditional barn with loft, and a 10x40 lean-to for extra storage - 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

Property Details

Property Features

Listing Office:

  • Office Name: DHI Realty Inc
  • Office Phone: (812) 664-2830
  • Listing Agent: Ray Stallings

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Lot Features

Lot Information:

  • Lot Size: 85.20 Acres

School Info

Assigned Schools Information:

  • Princeton Community High School, Public District Grades 9-12
  • Princeton Community Middle School, Public District Grades 6-8
  • Princeton Community Intermediate School, Public District Grades KG-5

Other

Directions Information:

  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
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Housing Market Comparison

See how this home compares to others in Princeton, IN.

Med. List Price

$172.4K

Med. Price/SqFt

$107

Avg. Days On Market

101

# of Sold Homes

5

1945 E Truman Ave vs Princeton

678 DAYS ON ROCKET

+577 Days

$1,750,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median List Price in Princeton, IN.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #202302304

Listing Office:

  • Office Name: DHI Realty Inc
  • Office Phone: (812) 664-2830
  • Listing Agent: Ray Stallings

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2024, 8:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-387251
4
/10
  • Princeton Community Intermediate School

  • 1108 N Embree St

  • 2.10 miles

  • Public District Grades KG-5

Middle School

school-card-donut-387252
4
/10
  • Princeton Community Middle School

  • 410 E State St

  • 1.08 miles

  • Public District Grades 6-8

High School

school-card-donut-387253
5
/10
  • Princeton Community High School

  • 1101 N Main St

  • 1.62 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,971. Residents of Princeton, IN typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Princeton, IN

What type of housing is available in Princeton, IN?

Homeowners occupy roughly two thirds of the units in Princeton and one third are rented. Single detached homes are the predominant housing type, representing many dwellings in this city, and the remainder are mainly mobile homes. The median year of construction for properties in this city is 1973. This city offers mainly three bedroom and two bedroom homes.

Is Princeton, IN a good place to live?

Princeton is fairly good for those who enjoy quiet surroundings, as there isn't a lot of street noise or city clamor - however some parts can be quite noisy, especially closer to one of the railway lines.

Are things conveniently located in Princeton, IN?

Residents will value the proximity to both primary and secondary schools, which are within walking distance from the majority of properties for sale in Princeton. At the elementary level, there are both public and private schools. With respect to food, reaching the nearest supermarket by walking is possible for some, but not all, house buyers in this city. There are also around 40 restaurants and coffee shops in Princeton.

What does the transportation in Princeton, IN look like?

The favored transportation option in Princeton is very often driving. Most real estate listings are a reasonably short car ride from the nearest highway, and accessing a place to park is quite easy. It is inconvenient for pedestrians to navigate Princeton as carrying out daily needs is challenging on foot.

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Frequently Asked Questions About 1945 E Truman Ave

What is the listing price of this property?

The listing price of 1945 E Truman Ave property is $1,750,000.

What type of property is this?

The property 1945 E Truman Ave is land located in Princeton, Indiana, 47670.

Is this property for sale now?

Active Listing: 1945 E Truman Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1945 E Truman Ave are:
Princeton Community Intermediate School: GreatSchools Rating 4/10
Princeton Community Middle School: GreatSchools Rating 4/10
Princeton Community High School: GreatSchools Rating 5/10
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Rocket HomesIndianaGibson CountyPrinceton476701945 E Truman Ave

This home is located at 1945 E Truman Ave in Princeton, IN and zip code 47670. It has been listed on Rocket Homes since June 10, 2022 and is currently priced at $1,750,000.

Between February 2024 and March 2024, Princeton, IN real estate market has seen increase in the number of listings by 63.6%. The median list price of listings available in March 2024 was $172,400, while the average time on the real estate market was 101 days.

From Rocket Homes Real Estate and based on county public records data.

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