8373 Morgans Ln SE Elizabeth, IN 47117
Estimated payment $19,695/month
Highlights
- Scenic Views
- Secluded Lot
- 1-Story Property
- 40 Acre Lot
- Pole Barn
- Landscaped
About This Home
For Sale: Fully Operational Distillery and Winery in Scenic Elizabeth, IN
Discover a unique opportunity to own a thriving winery business nestled on a stunning 40-acre property in Elizabeth, Indiana. This picturesque estate offers not only breathtaking views and serene landscapes but also a fully equipped, turnkey operation ready for immediate ownership.
Property Features:
Winery Facilities: 40x40 two-story barn with a walk-in cooler, commercial kitchen, and a beautifully appointed tasting room, providing an ideal setup for hosting guests and wine enthusiasts.
Distillery & Equipment: Complete distillery room with state-of-the-art equipment.
Residential & Storage: Comfortable on-site house for owners or staff, plus a 40x40 storage barn for equipment and supplies.
Water & Utilities: 10,000-gallon water tank, LP tank, ensuring steady, reliable operations.
Event-Ready Spaces: Spacious deck and gazebo, perfect for events, tastings, and private gatherings.
Guest Amenities: Ample parking for guests and eventgoers.
This is a fully functioning winery and distillery with ample potential for growth and expansion. Ideal for someone looking to step into a vibrant and established business with a strong local presence.
Seller will work with buyer for up to 1 year to train and run the business.
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,000
Year Built
- Built in 1972
Lot Details
- 40 Acre Lot
- Landscaped
- Secluded Lot
- Property is zoned Agri/ Residential
Home Design
- Farm
Interior Spaces
- 1,426 Sq Ft Home
- 1-Story Property
- Scenic Vista Views
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Pole Barn
- Shed
Utilities
- Forced Air Heating System
- Gas Available
- Electric Water Heater
- On Site Septic
Listing and Financial Details
- Assessor Parcel Number 311521100012000015
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,826 | $423,000 | $89,700 | $333,300 |
| 2023 | $3,765 | $395,800 | $73,900 | $321,900 |
| 2022 | $4,095 | $411,400 | $62,800 | $348,600 |
| 2021 | $3,687 | $348,900 | $44,600 | $304,300 |
| 2020 | $4,172 | $380,900 | $42,600 | $338,300 |
| 2019 | $4,313 | $376,200 | $46,900 | $329,300 |
| 2018 | $4,218 | $371,600 | $47,600 | $324,000 |
| 2017 | $4,252 | $385,500 | $51,300 | $334,200 |
| 2016 | $3,086 | $307,800 | $49,400 | $258,400 |
| 2014 | $2,991 | $314,800 | $50,100 | $264,700 |
| 2013 | $2,991 | $309,600 | $45,500 | $264,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $3,499,000 | -- | $2,454 / Sq Ft |
Source: Southern Indiana REALTORS® Association
MLS Number: 202509678
APN: 31-15-21-100-012.000-015
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