$895,000
$105K PRICE DROP

1895 Outer Lake Rd Princeton, IN 47670

Estimated payment $5,047/month

Total Views 20,015
2 Beds
1 Bath
1,612 Sq Ft
$555 Price per Sq Ft

Highlights

  • Water Views
  • 42.2 Acre Lot
  • Heavily Wooded Lot
  • Pier or Dock
  • Lake Property
  • Vaulted Ceiling

About This Home

Tranquil 42-Acre Retreat with Cabin, Lake, and Unique Features Welcome to your own private oasis, nestled on 42 amazing acres of wooded paradise. This exceptional property offers a blend of natural beauty and unique amenities, making it the perfect escape from the everyday hustle and bustle. Enjoy the freedom of 42 wooded acres, offering seclusion and endless possibilities for outdoor adventures and wildlife observation. A stunning large lake serves as the centerpiece of the property, ideal for fishing, or simply enjoying the serene waterside views. A cozy two-bedroom cabin provides a comfortable and rustic retreat. Perfect for weekend getaways or as a full-time residence, the cabin features warm, inviting interiors and a peaceful setting. (the cabin does have a new roof but is in need of updating and repairs) Adding a unique touch, three charming cabooses are nestled among the trees. These can serve as guest quarters, hobby spaces, or simply intriguing conversation pieces. Enjoy outdoor living with a delightful gazebo, perfect for relaxing or entertaining guests. The shelter house offers additional space for gatherings or storage. The property is a haven for local wildlife, providing opportunities for birdwatching, deer spotting, and nature walks. Whether you’re seeking a serene retreat, a unique investment opportunity, or a nature lover’s paradise, this property has it all. Don’t miss your chance to own this extraordinary slice of paradise.

Listing Agent

Tim Mason

RE/MAX REVOLUTION Brokerage Phone: 812-664-0845

RE/MAX REVOLUTION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,016

Year Built

  • Built in 1972

Lot Details

  • 42.2 Acre Lot
  • Rural Setting
  • Heavily Wooded Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Cabin
  • Brick Exterior Construction

Interior Spaces

  • 1,612 Sq Ft Home
  • Vaulted Ceiling
  • 1 Fireplace
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake Property

Schools

  • Princeton Elementary And Middle School
  • Princeton High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Septic System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 26-12-09-400-000.264-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,016

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1972
  • Age: 52
  • Style: Detached
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NE & SE 9 2 10 (42.2 ac +-)
  • Parcel Number ID: 26-12-09-400-000.264-027
  • Platted: Yes
  • Amenities: Ceilings-Vaulted
  • Location: Rural
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 1612
  • Total Finished Sq Ft: 1612
  • Above Grade Finished Sq Ft: 1612
  • Price Per Sq Ft: 555.21
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 23x23, On Level: Main
  • Kitchen: Dimensions: 9x22, On Level: Main
  • Bedroom 1: Dimensions: 28x21, On Level: Upper
  • Bedroom 2: Dimensions: 22x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum, Brick
  • Outbuilding1: None
  • Water Features: Pier/Dock

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x32
  • Garage Sq Ft: 704
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: City

Schools

  • School District: North Gibson School Corp.
  • Elementary School: Princeton
  • Middle School: Princeton
  • High School: Princeton
  • Elementary School: Princeton

Lot Info

  • Lot Description: Heavily Wooded, Lake, Water View, Wooded
  • Estimated Lot Sq Ft: 1838232
  • Estimated Lot Size Acres: 42.2

Tax Info

  • Annual Taxes: 1016

MLS Schools

  • High School: Princeton
  • Middle School: Princeton
  • School District: North Gibson School Corp.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,031 $101,300 $14,900 $86,400
2023 $1,966 $98,300 $14,900 $83,400
2022 $2,048 $102,400 $14,900 $87,500
2021 $1,874 $93,700 $14,900 $78,800
2020 $1,841 $91,800 $14,900 $76,900
2019 $1,739 $86,700 $14,900 $71,800
2018 $1,661 $82,800 $14,900 $67,900
2017 $1,755 $87,500 $14,900 $72,600
2016 $1,755 $87,500 $14,900 $72,600
2014 $1,661 $82,800 $14,900 $67,900
2013 -- $83,500 $14,900 $68,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Price Changed $895,000 -10.5% $555 / Sq Ft
07/26/2024 07/26/24 For Sale $999,950 -- $620 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202428335

Indiana Regional MLS

APN: 26-12-09-400-000.264-027