NOT LISTED FOR SALE

7886 Indiana 164 Eckerty, IN 47116

47 Beds
40 Baths
27,516 Sq Ft
48.12 Acres

Last Sold May 10, 2021

Last sale price $2,900,000 $105 Per Sq Ft

54 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Near a National Forest
  • Barn
  • 48.12 Acre Lot
  • Wooded Lot

About This Home

As of May 2021

Here is the opportunity of a lifetime to own a great business on a wonderful property. Patoka 4 Seasons Resort includes 48.12 acres that adjoin the 26,000 acres of land and water of Patoka Lake. This paradise of a property has 25 cabins, a main office and camp store with living quarters, a pool with game room/pool house, maintenance barn, fish cleaning shack, and freezer for game animals for hunters. All of the cabins have been perfectly maintained, and many of them include hot tubs. All personal property associated with the business is included with the sale, including two 4-wheel drive SUVs, two 4-wheel drive trucks, one tractor with front-loader, one Grasshopper lawnmower, a flat bed trailer, and the valuable domain name www.patoka.com, which is where you can go to see more information! After 18 years of loving this property, the current owners have decided to retire and give someone else the opportunity to grab a very unique and highly desirable property with an impeccable reputation in the growing short term rental industry. Pictures of all cabins are available upon request. Financial data is available to interested parties who show proof of financial ability to purchase and sign a non-disclosure agreement.

Last Agent to Sell the Property

Steve Lukemeyer

F.C. TUCKER EMGE Listed on: 01/22/2021

F.C. TUCKER EMGE

Last Buyer's Agent

Steve Lukemeyer

F.C. TUCKER EMGE Listed on: 01/22/2021

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • 48.12 Acre Lot
  • Lake Front
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Wood Siding
  • Metal Siding
  • Vinyl Construction Material

Interior Spaces

  • 27,516 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Washer Hookup

Bedrooms and Bathrooms

  • 47 Bedrooms
  • Garden Bath

Parking

  • 200 Parking Spaces
  • Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater
  • Septic System
  • Multiple Phone Lines

Additional Features

  • Covered Patio or Porch
  • Barn

Listing and Financial Details

  • The owner pays for building insurance, electric, fuel, heating, lawn maintenance, maintenance, snow removal, tax, trash collection, water
  • Assessor Parcel Number 13-05-03-101-001.000-009

Community Details

Overview

  • 26 Units
  • Near a National Forest

Recreation

  • Volleyball Courts
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1996
  • Bedrooms: 47
  • Total Bathrooms: 40
  • Total Full Bathrooms: 34
  • Total Number of Half Bathrooms: 6
  • Legal Description: Pt NW 3-2-2W (36.369 ac); Pt NW SW 3-2-2W (.59 ac); Pt NW SW 3-2-2W (.85 ac); Pt SW NW 3-2-2W (.32 ac); Pt NW SW 3-2-2W (.038 ac); Pt SW NW 3-2-2W (6.063 ac); Pt SE 4-2-2W (1 ac); Pt S 1/2 SE NE 4-2-2-W (0.725 ac); Pt SE 4-2-2W (2.165 ac)
  • Parcel Number ID: 13-05-03-101-001.000-009
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Off Street Parking, Near Walking Trail, Adj to State/Natnl Forest, Ceilings-Vaulted, Court-Volleyball, Garden Tub, Multiple Phone Lines, Porch Covered, Porch Open, Water Heater Electric, Washer Hook-Up
  • Parcel Id2: 13-05-03-102-001.000-009
  • Road Surface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 27516
  • Total Finished Sq Ft: 27516
  • Above Grade Finished Sq Ft: 27516
  • Flooring: Mixed
  • Number Of Microwaves: 26
  • Number Of Ranges Ovens: 26

Exterior Features

  • Exterior: Metal, Vinyl, Wood
  • Pool: Below Ground
  • Pool: Yes
  • Stories: 1.5
  • Outbuilding: Barn
  • Outbuilding Sq Ft: 1800

Garage/Parking

  • Number Of Parking Spaces: 200

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Number Of W D Hookups: 8

Condo/Co-op/Association

  • Pet Restrictions: Yes

Lot Info

  • Lot Description: Irregular, Rolling, 15+, Wooded
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 2096107
  • Estimated Lot Size Acres: 48.12

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Building Insurance, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Snow Removal, Tax, Trash Collection, Water

Multi Family

  • Water Access: Lakefront
  • Number Of Dishwashers: 26
  • Number Of Dryers: 6
  • Number Of Refrigerators: 26
  • Number Of Units: 26
  • Number Of Washers: 6
  • Num Of1 Bedrooms: 8
  • Num Of2 Bedrooms: 13
  • Number Of 4 Bedrooms: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $2,900,000 0.0% $105 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $2,900,000 -- $105 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202102379

Indiana Regional MLS